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Forget the DOJ. For a Trump pardon, call "Bobby" and other influencersPresident Donald Trump's pardon system has shifted dramatically. Influence now hinges on personal networks and narratives of victimhood, by...
Who is Zach Yadegari? US teen founder sold a gaming app for $100K, built $40M Cal AI, now launches 'Flow'Zach Yadegari, a US teen founder, achieved two successful startup exits before age 20, selling a gaming site for $100,000 and an AI calorie...
NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
Anthropic eclipses OpenAI with valuation of $965 billionAnthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Ca...
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
Rs 400 crore agricultural income but no land: CBDT digs up names of rich ‘farmers’ without farmsTax authorities have uncovered a major scam involving fake agricultural income claims. Over 300 individuals claimed exemptions worth thousa...
I-Beauty! After J, K and C, now it's India's turn in the big beautiful marketIndia's beauty industry is emerging as a global force, blending Ayurvedic heritage with modern science to create "I-beauty." With rising ex...
Celina Jaitly recalls escaping with neighbours’ help to protect herself, makes shocking allegations amid divorce case: 'My children moved to undisclosed location...'Celina Jaitly has accused her husband Peter Haag, of harassment, cruelty, and physical abuse amid their divorce. She recently claimed to ha...
Meghalaya Hanuman mandir attacked: Miscreants vandalise Shillong temple, loot idols & jewelleryUnidentified miscreants vandalised a Hanuman temple in Shillong’s Garikhana locality early on Sunday, stealing idols, silver ornaments and ...
Digital banking platform Freo acquires credit marketplace IndiaLendsBengaluru-based digital banking platform Freo has acquired credit marketplace IndiaLends, which will continue to operate as a separate enti...
ED probes alleged ESOP misuse to launder money, bypass LRS rulesThe Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...
InMobi acquires AI platform MobileAction to drive growth in iOS ecosystemInMobi, a Softbank-backed firm, has acquired MobileAction. This move strengthens InMobi's presence in Apple's iOS advertising space. Mobile...
SC sends Rs 30,000 crore Sunjay Kapur estate dispute involving Karisma Kapoor’s children to mediationThe Supreme Court has sent the Sunjay Kapur family estate dispute to mediation. Former Chief Justice DY Chandrachud will oversee talks betw...
US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
Supreme Court grants anticipatory bail to Pawan Khera in defamation caseThe Supreme Court has granted anticipatory bail to Congress leader Pawan Khera. This relief is in a case involving allegations of forgery a...
Delhi HC says Priya Kapur must clear ‘legitimate suspicions’ raised by Karisma Kapoor’s kids in Sunjay Kapur family estate disputeDelhi High Court mandates that doubts surrounding Sunjay Kapur's Will must be cleared. Priya Kapur, the Will's proponent, faces the task of...
Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
HC rejects Pawan Khera's anticipatory bail plea over allegations against Assam CM's wifeThe Gauhati High Court has rejected Congress leader Pawan Khera's anticipatory bail petition. This is in connection with allegations made a...
- IL&FS Investment Managers acquires Saffron Asset Advisors
Private equity firm IL&FS Investment Managers (IIML) today acquired Saffron Asset Advisors Private Ltd (SAAPL) for an undisclosed amount.