Life Insurance Corporation of India (LIC) has made the most of the stock market boom by reducing stakes in all its top conglomerates during the financial year 2023-2024 (FY24). However, even after reducing exposure, the value of its remaining stake has gone up substantially across all groups, according to data collated from stock exchange filings.
Mumbai-born author Salman Rushdie has endorsed Kamala Harris's candidacy for the US presidency and said he believes she is the person who can prevent former president Donald Trump from dragging the country towards authoritarianism.
A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466.51 crore bank fraud case, paving the way for him to walk out of jail after four years. The Enforcement Directorate (ED) arrested Kapoor in March 2020 in a money laundering case, and he has been booked in eight cases related to fraud at the bank.
Be it automobile, health care, retail such as e-commerce, electricity or other utilities, everything will get disrupted and transformed over next 30 years.
While SGBs are a sound investment, they aren't worth buying at any price. The interest income you earn from them will not justify paying a high premium.
'To everyone voting for Trump, I have only this simple question: Would you let him have lunch with your daughter or sister or wife or mother?' 'Then why would you let him have our lunch (and so much more) for four more years?', asks Sree Sreenivasan.
The Delhi high court on Thursday directed an 'X' user to apologise to Alt-News co-founder Mohammad Zubair for his "offensive" comment against him on the social media platform.
Who says fast food places know how to make burgers best. You can too. And well.
Edtech firm Unacademy has laid off 250 people across verticals, according to people familiar with the matter, reducing its employee strength by 50 per cent from what it was two years ago. Of those, 100 are from core functions such as marketing, business, and product, while the rest are from sales.
The Dutch Olympic committee, in consultation with van de Velde and playing partner Matthew Immers, have taken steps to mitigate the impact of his participation by moving him to alternative accommodation in Paris and putting a ban on him talking to the media, chef de mission Pieter van den Hoogenband told Dutch television on Sunday.
YouTube co-founder Chad Hurley is putting some of his fortune into Formula One as primary investor in the new U.S. F1 team due to enter the sport next season.
Byju Raveendran, the founder of the beleaguered ed-tech firm Byju's, put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, the chief executive officer of edtech firm Unacademy. Munjal highlighted the importance of 'blunt feedback'. In a post on X, he alleged that Byju's founder stopped listening and failed to have people who could give him the right feedback.
Steven van de Velde was sentenced to four years in prison in Britain in 2016 following the rape of a 12-year-old girl two years earlier when he was 19.
rediffGURU Anu Krishna, co-founder of Unfear Changemakers, offers expert advice about how you can take charge of your life and relationships.
TIME said a record 45 people on this list are under 40 -- including the youngest designer ever, 14-year-old actor Millie Bobby Brown -- and a common theme in the tributes is how much people can learn from them.
Shraddha Kapoor recently confirmed her relationship status when she posted her thoughts about Rahul Mody.
Flush with funds, quick commerce unicorn Zepto is planning to relocate from Powai in Mumbai to a larger office space in Bengaluru's Sarjapur to accommodate its imminent new hires. While the company will maintain an office in Mumbai, its primary operations will shift to the new space in Bengaluru. A spokesperson for Zepto confirmed the development
The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.
Modi asserted in a post on X that her presence in the Upper House is a powerful testament to 'Nari Shakti' (women power), exemplifying the strength and potential of women in shaping the nation's destiny.
Former US President Obama was featured wearing a number of ensembles some gladiator-inspired and a basketball one among others.
'Digital courts will alleviate congestion in traditional courts.'
Indian Americans are likely to vote in the United States presidential elections based on what the candidates have done for them and not on the basis of their heritage or race, a newly formed body representing Asian communities has said, claiming that Republican candidate Donald Trump has a better track record than his Democratic rival, Vice President Kamala Harris.
The outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations.
Chandra Sekhar Pemmasani, the Telugu Desam Party's Lok Sabha candidate from Guntur, has Rs 5,700 crore in declared family assets.
Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability. According to industry sources, top brokers may soon begin charging for equity trades and raise the flat fees for intra-day and derivatives trading by 10-30 per cent. Several smaller players have already hiked their brokerage charges, signalling a potential end to the zero-brokerage era that has drawn millions of new investors into the stock market and fuelled active trading.
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.
'Banks may find small ticket size lending economically unviable due to the cost of branch operations.'
The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.
Infosys' co-founders, S D Shibulal and S Gopalkrishnan, on Tuesday launched Axilor Ventures, a business incubator and platform for supporting innovation and entrepreneurship.
"If HR isn't responsive, it's critical to keep records of all interactions -- e-mails, dates and any conversations you had. If HR fails to help, escalate the matter to higher management or the internal complaints committee," says Smita Shetty Kapoor.
Reserve Bank of India (RBI) on Friday permitted banks and non-banking institutions to issue pre-paid instruments for making payments across various public transport systems. With the introduction of these instruments, commuters will have more options to pay for tickets besides cash mode.
The IPO market will be bustling next week, with four companies, including Bajaj Housing Finance, set to launch their initial share-sale to raise a total of Rs 8,390 crore. Besides these four main-board IPOs, nine SMEs are preparing to debut with their maiden public issues next week, targeting to collect Rs 254 crore. Together, these 13 firms are looking to raise Rs 8,644 crore through IPO.
The Ludhiana-born engineer is among the youngest entrepreneurs on TIME's 100 most influential people.
IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.
Co-founder of Twitter Biz Stone tells us what he learned from his enterprising entrepreneurial journey.
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
Indian Mujahideen co-founder Yasin Bhatkal and his aide Asadullah Akhtar were on Monday refused bail in connection with a September 2008 Delhi serial blasts case by a court in New Delhi which allowed the plea of police seeking 15 days time to complete its probe against them.
Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.
'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'
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