Deal details: acquisition and immediate terms Fortis Healthcare has agreed to acquire Bengaluru-based People Tree Hospital for ₹430 crore. Alongside the purchase, the company has committed an additional ₹410 crore to be spent over the next three years on expanding and upgrading the facility. The combined outlay brings total planned investment to ₹840 crore. Planned … Read more
The Delaware Supreme Court has reversed a lower-court decision and cleared the way for reinstatement of Elon Musk‘s 2018 compensation package at his electric-car company. The ruling overturns a finding that the CEO had improperly influenced board members who approved the award, bringing a long-running legal struggle to a new phase. What the court decided … Read more
Warren Buffett’s “20-Slot Punch Card” Advice: Treat Opportunities Like a Limited Resource In a recent viral speech, Warren Buffett delivered a simple but powerful message for students and young investors: life hands out only a few truly rare opportunities, and you must choose them wisely. He used a memorable metaphor — a “20-slot punch card” … Read more
Gold futures on MCX rally to a fresh record Gold futures for February delivery on the Multi Commodity Exchange (MCX) jumped by ₹1,628, or 1.21%, to a new record of ₹1,35,824 per 10 grams. That rise follows a previous close of ₹1,34,196 and underlines continuing investor demand for the metal as a store of value. … Read more
Shareholder sues after debt disclosure questions at restaurant owner One of FAT Brands Inc.’s shareholders has filed a lawsuit, accusing the restaurant-chain owner of concealing the true size of its debt as the company faces a worsening financial outlook. The move comes amid a sell-off that pushed the stock to a multiyear low this week. … Read more
Shares of several major Sensex-listed companies rose sharply, with Infosys, Tata Steel, Tech Mahindra, Trent, HCL Tech and Bharti Airtel among the biggest gainers on the day. The move lifted overall sentiment across the benchmark index and drew attention to select sectors that outperformed. Who led the gains Infosys — IT heavyweight that often benefits … Read more
The flashing ticker isn’t your friend Stock market tickers — those constant streams of prices and percentages — can make investing feel urgent. Buffett warns that the nonstop updates create a false pressure to act. Watching every move often leads to emotional reactions and impulsive trades that hurt long-term returns. Patience beats panic Successful investing, … Read more
Dollar inflows and steady oil lift investor confidence Forex traders say a steady stream of corporate dollar inflows, together with Brent crude trading around $60 per barrel, has helped bolster investor sentiment in recent sessions. The combination eased pressure on local currencies and supported broader market risk appetite. Why dollar inflows matter Corporate dollar inflows … Read more
Severe fines can follow even unintentional non-disclosure of foreign assets Tax rules on foreign assets are strict: simply holding overseas accounts or investments without properly reporting them can lead to heavy penalties. A recent case involving a Mumbai executive highlights how costly non-disclosure can be. The individual was fined ₹40 lakh under the Black Money … Read more
Judge Orders Liquidation of Oil and Gas Fund in High‑Profile Dispute Paul Singer’s Elliott Investment Management Inc. won a key legal victory when a judge granted its request to liquidate an oil and gas fund. The decision comes amid a legal fight with a Texas private equity firm that has been managing the fund’s assets. … Read more