CATEGORIES

Swiss tax shakeup: Effect on Indian investors, workers

Investors face tax hike on dividend starting January, following Switzerland's MFN suspension

MR POONAWALLA GOES TO BOLLYWOOD

Thirsty for growth, Bollywood's studios have been wooing non-film suitors, like the vaccine tycoon, for funding

TVS eyes Avendus Capital to expand financial services

TVS Credit has joined the race for KKR-backed investment bank Avendus Capital as part of its strategy to expand the group's financial services business, three people with knowledge of the development said.

Tough rules on SME IPOs, insider trades

Sebi sets bigger IPO application amounts, profit criteria for SMEs

Include pantos on your holiday to-do list

If holiday travels take you to Britain, indulge in vibrance of the pantomime

Cricket stories that read like tales told in a pub

Maxwell, also nicknamed 'The Big Show', dedicates 16 pages to the match against Afghanistan in the 2023 World Cup

A new play weaves a story of love, longing and deceit

A new play by Amitesh Grover speaks of grief through the story of a woman who can make clay figurines come alive

Can the Xi-Trump 'bromance' be revived? Else, ties may fray

Cordiality between the two leaders would favour both countries

Refrain from judicial overreach: It'll strengthen India's judiciary

The suo motu powers of courts are essential to secure justice and the public interest but their overuse can have adverse results

An image makeover for palm oil would be good for us

The ecological impact of this affordable oil is lower and health benefits greater than often portrayed

South Korea's political drama was worthy of applause

Its lawmakers were bravely joined by others to reject martial law and uphold democratic institutions

Market losses and mistakes are two completely different things

DEVINA MEHRA is chairperson, managing director and founder of First Global, an Indian and global asset management company, and author of the forthcoming book 'Money, Myths and Mantras: The Ultimate Investment Guide'. Her X handle is @devinamehra

How to build a ₹5-cr nest egg with ₹1.5 lakh monthly salary

My cousin (35) earns ₹1.5 lakh per month and paid off a home loan. He invests ₹45,000 in mutual fund SIPs (Nippon Indian small cap, Mirae bluechip and PPFAS flexi-cap) a month; and ₹50,000 in National Pension System every year. How much more should he invest to build a ₹5-crore retirement corpus?

File wage details by January-end for higher pension

Retirement fund body, the Employees' Provident Fund Organisation (EPFO) has extended time till 31 January for employers to upload wages and other details regarding the 310,000 pending applications for pension on higher wages.

THE ROAD TO BETTER WEALTH MANAGEMENT STARTS WITH A CONSOLIDATED VIEW

Management consultant, educator and author Peter Drucker famously said: \"If you can't measure it, you can't improve it.\" This idea resonates strongly in finance and investments. With the rise of digital payments and investment platforms, making and spending money is easier than ever. However, this convenience brings challenges, especially the risk of overspending because digital transactions can feel detached from physical money, often leading to impulsive purchases.

ITC consolidates its Oberoi, Leela stakes

ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly owned arm, Russell Credit Ltd.

Infosys inaugurates centre near Kolkata

Infosys Ltd's new software development campus opened at New Town in Kolkata on Wednesday.

DMart tops Hurun list as most-valued self-made Indian firm

Adhakishan Damani-promoted Supermarket chain DMart has emerged the most-valuable Indian company founded by a self-made entrepreneur post-2000 with a valuation of ₹3.42 trillion, as per data released by Hurun on Wednesday.

Real estate attracts record investments

Institutional investment in Indian real estate rose 51% to a record $8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, according to JLL.

Vishal Mega Mart up 43.50% on day 1

Shares of Vishal Mega Mart Ltd surged 43.50% in debut trade on Wednesday against the issue price of ₹78.

Reliance Nippon, IndusInd start talks

Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap.

Telecom sector gets ₹331.8 cr PLI boost

The government has disbursed a total incentive of ₹331.86 crore to 18 of 42 beneficiaries under the telecom PLI scheme as on 31 October, Parliament was informed on Wednesday.

Indian firms face fraud surge: PwC

Many Indian organizations faced financial or economic fraud in the past 24 months where procurement fraud emerged as the top threat, a PwC survey said.

Bangladesh's new dawn is darkened by settling of old scores

When Bangladesh Prime Minister Sheikh Hasina was toppled in August in a student-led uprising, it was supposed to be a new dawn for the young country. Instead, the raw wounds left by her repressive rule have prompted many to pursue revenge by weaponizing the law—just as she did.

Direct taxes grow faster than budget estimate so far in FY25

Kitty swells 16.45% against full-year budget target of 13% to ₹15.8 tn so far this fiscal

BofA's CEO says he's just getting started

As he turned 65, Bank of America Corp.'s Brian Moynihan took the stage at a town hall meeting and sent a jolt through the crowd, saying he wants to still be CEO when the stock eclipses $100.

Biden admin relaxes H-1B visa rules to hire foreign workers

The rule also extends certain flexibilities for students on F-1 visas seeking to change their status to H-1B

Israel signals plans to control security in Syria buffer zone and Gaza

Netanyahu and his defense minister visit strategic Mount Hermon peak in Syria

Production resumes at strike-hit Boeing units

Boeing Co. said it has resumed production across its range of aircraft programmes at factories in the Pacific Northwest after they were shut down for weeks because of a lengthy workers strike.

Acquisitions, new builds to fuel Chalet Hotels' expansion

The company is looking to capitalize on the hospitality sector's robust growth phase