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Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankersFairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...- From Rs 25,000 engineering salary to Rs 2 lakh monthly: Techie's story of how he earned 8 times more as cab driver goes viral. 'Today, he owns 4 cars...'An engineering graduate decided to ditch corporate career . Today, he earns eight more than he did as a techie by becoming a full-time cab ...
- In 2018, a $6,123 tax debt put a New Orleans property in play; a $6,883 tax-sale bid led to a legal battle over ownershipJames M. Thorrick, on September 20, 2004, bought the property at 739-741 Montegut Street. According to the court records, he failed to pay ...
- Hobby Lobby founder David Green turned a $600 loan into a billion-dollar retail empire, then gave away ownershipDavid Green started Hobby Lobby with a $600 loan in 1970 and built it into a nationwide arts-and-crafts retailer. But his decision to trans...
- Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happenedCervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
- Harsh Goenka has advice for Tata Sons amid Sensex decline: ₹11.68 lakh crore equity portfolio could generate ₹82,000 crore a year in FDsHarsh Goenka has shared a hypothetical scenario in which Tata Sons' ₹11.68 lakh crore listed equity portfolio could generate ₹70,000 crore ...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
- Pathways School Gurugram rebranded as PSG Clifton International School under Lighthouse Learning ownershipLighthouse Learning has taken ownership of Pathways School, Gurugram, and renamed it PSG Clifton International School. The move follows a p...
- An ancient idol drew a $12.7 million bid; Why Turkey failed to get it backA prehistoric marble figurine from Anatolia became the centre of a multimillion-dollar ownership dispute after a reported $12.7 million bid...
- Husband’s name was also on the title deed, yet he was ordered to vacate the house: Why Kerala High Court ruled in wife’s favourHusband and wife both of them put their name on house’s title deed, but wife’s father paid for it and even he gave 5000 Saudi Rials to him ...
- Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stakeIn a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of...
- GameStop CEO Ryan Cohen buys shares worth nearly $23 millionGameStop CEO Ryan Cohen bought about $22.8 million worth of the videogame retailer's shares, a regulatory filing showed on Tuesday, raising...
- In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...
- A study says when a child says 'mine', it may mean more than possessiveness: Why sharing takes timeUnderstanding ownership helps children learn the difference between their belongings and things that belong to others. Sharing an object is...
- FII ownership hits 17-year low, but foreign holdings in Indian equities rise 3.6 times to $783 billion: ReportForeign investor ownership in Indian equities has fallen to a 17-year low of 15.1%, but the absolute value of holdings has risen to around ...
- Mallika Srinivasan, Lakshmi Venu seek fair TVS family assets' division; MoU covers brand rights, managementMallika Srinivasan and her daughter, Lakshmi Venu, look for a fair resolution regarding family wealth disputes. Their disagreement involves...
- Mutual funds close in on FPIs in Indian equity ownershipWith Indian mutual funds now holding 11.7% of domestic equities, they have overtaken foreign portfolio investors, whose share has plunged b...
- Dwayne Johnson launched Teremana Tequila in 2020; 6 years later, the brand was reportedly valued at about $3.5 billionDwayne Johnson launched Teremana Tequila in 2020 with three partners. Six years later, the brand was reportedly valued at $3.5 billion. Joh...
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