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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...
Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculationOne year after the Air India flight AI171 crash, the AAIB released a second interim report. The investigation into the Boeing 787-8's fatal...
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
Mumbai Metro Aqua Line’s 2-year signal war ends: Your phone finally works undergroundMumbai Metro Aqua Line commuters can now enjoy mobile network connectivity after a two-year dispute resolution. Vodafone Idea and Airtel ar...
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 ...
China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Two factions, two directions: TMC rebels face unprecedented political divideThe TMC is experiencing a significant split. A majority of its MLAs have formed a breakaway faction, vowing constructive opposition against...
Vijay Rupani's daughter urges Air India to drop compensation waiver requirementAir India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right ...
Trump suddenly finds himself in a perfect storm. Can he survive it?Trump faces mounting challenges this summer, including legal setbacks, weak approval ratings and public anxiety over inflation and fuel pri...
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rightsAir India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report...
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...
After 2 months and 4 interview rounds, candidate from Washington receives lowball offer, but rejecting it politely leads to unexpected workplace drama, putting his current job in jeopardyA Reddit user's decision to reject a job offer over an $18,000 salary gap took an unexpected turn when their current employer received an e...
Delhi HC protects personality rights of actor Naga ChaitanyaThe Delhi High Court has safeguarded actor Naga Chaitanya's personality rights. The court has stopped the spread of pornographic material a...
As Mamata Banerjee's TMC struggles, 'secular rivals' eye state's Opposition spaceAs the TMC faces internal rifts and a potential split post-defeat, West Bengal's Left and Congress parties eye an opportunity to reclaim op...
Flawed AI, deepfakes and geopolitical conflicts pose major risks to business: WiproIT major Wipro identifies Artificial Intelligence adoption as a significant risk. Flawed algorithms and biases could lead to legal and fina...
Unilever says it won't miss India's premium boom like it did in ChinaUnilever CEO Fernando Fernandez stated the company will not repeat past mistakes in China by being late to India's premium market. He empha...
EU paves way to allow migrant deportations to centres outside blocEuropean Union lawmakers and governments have agreed on new rules. These rules permit sending rejected asylum seekers to centers outside th...