Insurers rethink commissions as input tax credit changes bite Some private life insurers are reassessing how they pay commissions after a change that reduced their ability to claim input tax credits (ITC) on certain costs. The move is a response to higher effective costs of distribution, and companies are exploring ways to protect margins — … Read more
Elon Musk opens the door to SpaceX investors Elon Musk has signaled that he may let supporters invest in his rocket company, suggesting a future public offering is possible. The idea is notable because the firm has stayed private while growing into one of the most valuable aerospace companies in the world. What this could … Read more
Shareholders back pay package to keep CEO engaged in AI and robotics At the company’s annual meeting, shareholders gave more than 75% support to a pay package designed to secure the CEO’s ongoing commitment as the firm pushes further into artificial intelligence and robotics, a company official said. What the vote approved The approved plan … Read more
UpGrad in talks to buy Unacademy for $300–400 million UpGrad is reportedly negotiating to acquire Unacademy for about $300–400 million, a dramatic fall from Unacademy’s $3.44 billion valuation in 2021. As part of the discussions, Unacademy’s AirLearn app would be spun off and handled separately. Deal details at a glance Proposed price: $300–400 million Previous … Read more
Why the FAA is cutting flights A federal shutdown forces many non‑emergency government workers to be furloughed or work without pay. For aviation, that means some FAA roles that support daily operations — like technical staff, inspectors and administrative teams — are limited. To keep the system manageable and predictable, the FAA is asking or … Read more
Decision ends criminal probe into 737 Max crashes U.S. prosecutors have decided not to bring criminal charges against the aircraft manufacturer over the two 737 Max crashes that killed hundreds of people. The choice closes a high-profile legal chapter but leaves many questions about accountability and safety reforms. What this means No company-level criminal charges: … Read more
Huang: China is only “nanoseconds” behind the United States in the AI race On 5 November 2025, Nvidia CEO Jensen Huang said that China is only nanoseconds behind the United States in the global race for artificial intelligence. The comment underlines how narrow the lead is in AI computing power and capability between the two … Read more
Zuckerberg Sees Roughly $5 Billion Wiped Out After Meta Shares Slide Shares in Meta fell just over 2%, and that drop erased roughly $5 billion from Mark Zuckerberg’s wealth tied to the company’s stock. The move came after the company’s Q3 outlook suggested it might earn a “chunk” of revenue from running advertisements that promoted … Read more
Company says big pay package will spur greater effort from CEO The company has argued that a mammoth pay package for its chief executive, if approved, will motivate the CEO to increase focus and effort on the business. Executives presented the plan as a long-term incentive tied to ambitious performance targets. What the proposal includes … Read more
The latest philanthropy data for 2025 shows a sharp rise in large-scale giving across India. A total of 191 philanthropists together donated ₹10,380 crore — an increase of 85% compared with three years ago. Behind the headline number is a growing group of individuals and families making gifts of more than ₹100 crore each, reshaping … Read more