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Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
Warren Buffett turns 96: Top 10 investing lessons from the Oracle of OmahaAs Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway's CEO, the piece revisits the investing principl...
Convert, split, pledge: How share capital is used as a tool and trick to manipulateA tiny number of shares can sometimes set the "price" for the entire company. And a price built on almost no real trading is exactly the ki...
China Evergrande fiasco: Court stops PwC International's attempt to distance itself from its local arm's doingsPricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong Kong court. ...
ET Prime Special Series: Multibagger or IBC - Part 72: Its profit finally came from the factory. The question is about durabilityThe largest single liability on this automobile supplier's balance sheet is not a bank loan. It is a lease, tied to an entity controlled by...
Vijay Shekhar Sharma's Rs 4 crore pay found 'materially below' peer median; Board recommends revisionUnder the proposed structure, Sharma's remuneration will also include a variable component which will be performance-linked set by the NRC ...
Global Market: SK Hynix unveils stock-based bonus plan for South Korean workersSK Hynix has reached a tentative wage agreement that would shift 60% of employee bonuses into company shares and deferred stock compensatio...
Average pay of CEOs of S&P 500 companies rose to record $22.8 million following Elon Musk's nearly $1 trillion compensation, AFL-CIO findsElon Musk's compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages ar...
SK Hynix's Korean workers launch unified union amid stalled wage talksThe launch comes as SK Hynix and its existing unions are locking horns over annual wage talks, after the chipmaker posted record quarterly ...
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
Retail investors make Rs 18,000 crore bold contra bet on 6 falling bluechip stocks. Will it pay off?In a bold move, retail investors invested a whopping Rs 18,000 crore in six blue-chip stocks that were on a downward trend. They scooped up...
ET Prime Special Series: Multibagger or IBC - Part 70: Almost nobody tracks this company. That may be why its turnaround was missedVery few investors track this old auto supplier, and that may be exactly why its turnaround went unnoticed. This is a business that spent y...
Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifiesThe sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracki...
Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
IndiGo's next flight plan: Airline targets bigger global push, diaspora traffic through IndiaIndiGo marks twenty years by planning a significant international expansion. The airline will induct new aircraft to connect the global Ind...
The company is losing money. So why is the boss still taking crores?Companies pay money to the people who run them, and these are often the same people who influence how much they should get. Does this numbe...
IndiGo's next chapter: Rahul Bhatia backs Willie Walsh to lead expansionIndiGo Managing Director Rahul Bhatia said incoming CEO Willie Walsh is motivated to make a lasting impact at the airline and will be instr...
No Bill Gates or Warren Buffett. Madhavan is in awe of Indian philanthropist who has donated over $100 billion, world's highest everActor Madhavan recently paid a homage to later business tycoon Jamsetji Tata, who was the founder of Tata Group, India’s largest conglomera...
VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...
Tata Sons chairman N Chandrasekaran among India's highest-paid executives with Rs 158.66 crore FY26 payTata Sons Executive Chairman N Chandrasekaran earned Rs 158.66 crore in FY26. This represents a slight increase from the previous financial...