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Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that meansSpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, d...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...
Chinese proverb of the day: 'A good beginning is half of the...' - inspiring life lessons on success, goal setting, personal growth, strategic planning and preparationChinese proverb of the day: A Chinese saying highlights the importance of a strong start. Careful preparation and a thoughtful beginning ca...
Will cooperate fully with fresh forensic audit, won't challenge Sebi interim order: Rajesh ExportsRajesh Exports Ltd will cooperate with a new forensic audit ordered by Sebi. The company faces allegations of inflating revenues by Rs 15.1...
From finance to leadership: How technology is shaping smarter decisionsArtificial intelligence is transforming finance and leadership. AI tools now help analyse risks, detect fraud, and automate tasks. Leaders ...
Air India denies pressuring AI-171 victims' families to sign compensation waiver, says no deadline to accept settlementAir India refutes claims of pressuring families of AI-171 crash victims. The airline states there is no deadline or pressure to accept its ...
Geeta Kapur’s vibrant festive look is a masterclass in statement dressingGeeta Kapur recently shared stunning pictures on Instagram, turning heads in a striking ensemble featuring vibrant turquoise and pink tones...
IRCTC cracks down on errant e-catering entitiesThe railway public sector undertaking listed 14 websites as non-compliant operators and said legal proceedings have been initiated. It also...
OpenAI IPO: Date, share price, valuation, timing and all details investors need to knowOpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...
EU rejects Apple blame for delayed Siri AI rolloutThe European Union has rejected Apple's claims regarding the delayed launch of its AI-powered Siri. EU officials state that Apple alone is ...
Rajesh Exports shares hit 5% lower circuit for third session on alleged Rs 15.15 lakh crore fraudRajesh Exports shares hit lower circuits for a third straight session after Sebi alleged massive revenue inflation and financial irregulari...
Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, othersThe Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune cells are taken out, trained in a ...
SC ruling seen shaping Sebi’s fraud-finding frameIn a ruling, the apex court had said that investor injury alone can establish fraud, although the loss isn’t quantifiable
22-year-old took Rs 40 lakh loan to study abroad, says it was worth it because it gave her friends in 33 countries. Internet asks: 'Who will pay the EMI?'Study abroad loan: A 22-year-old's perspective on her Rs 40 lakh study abroad loan has sparked a debate on social media about the true retu...
How much money is enough? Doctor explains why a Gurgaon man earning ₹40 lakh and driving a BMW feels poorA doctor shared the story of a BMW-driving professional earning ₹40 lakh annually who feels poor, highlighting how shifting lifestyles and ...
Congress questions LIC's 10.8% stake in SEBI-probed Rajesh ExportsSEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misre...
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
Bigger paycheck, but same financial anxiety? CA explains the 'comfortable poverty' trapHigh earners often face 'comfortable poverty' despite salary hikes, as lifestyle inflation erodes financial security. Chartered accountant ...