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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...
MEA appoints Rudra Gaurav Shresth as India's next Ambassador to TurkiyeSenior Indian Foreign Service officer Rudra Gaurav Shresth will be India's next Ambassador to Turkiye. Shresth, currently Ambassador to Ira...
Stocks in news: Emcure Pharma, Dixon Technologies, Ajanta Pharma, Godrej Properties, VedantaIndian markets experienced a volatile session, closing higher amidst mixed signals. Bulls are defending the 23,000 level in Nifty, but unce...
Nepal Foreign Minister Shisir Khanal arrives in New Delhi on three-day visitNepal's Foreign Minister Shisir Khanal is in New Delhi for a three-day visit. This marks his first official trip to India since taking offi...
India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
Myanmar President Aung Hlaing begins India visitMyanmar President U Min Aung Hlaing is on a five-day visit to India. The trip focuses on enhancing trade, connectivity, border security, an...
Bengaluru airport operator BIAL hands over Rs 16 crore dividend to Karnataka govt armBengaluru International Airport Limited, or BIAL, has given a dividend of over Rs 16 crore to the Karnataka State Industrial and Infrastruc...
Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
Fairfax India makes open offer to buy additional 26% in IIFL Capital ServicesFairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follow...
Mittal charts map for Bharti Telecom to regain Airtel majorityBharti Telecom chairman Sunil Mittal plans to increase his family's stake in Bharti Airtel. The company will also boost its ownership in it...
Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in AirtelBharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel Africa to...
Stop hanging your kitchen towel on the oven handle — here's what to do insteadDamp kitchen towels harbor bacteria and pose fire hazards when left on counters or oven handles. A simple solution involves using adhesive ...
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
India’s I&B sector FDI gains in 9M FY26 despite lower Q3 inflowsForeign direct investment in India's information and broadcasting sector saw a sharp quarterly decline in Q3 FY26, yet cumulative inflows f...
Adani Ports, Tata Motors and Siemens Energy witness block deal action on MondayInstitutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block...
Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
Navy Chief Admiral Tripathi begins 4-day visit to MyanmarNavy Chief Admiral Dinesh K Tripathi is on a four-day visit to Myanmar to bolster operational cooperation and explore new maritime security...