Quick teaser sparks big conversation A one-minute clip shared on X by Nikhil Kamath has set social feeds alight. The short teaser previews a podcast conversation with veteran investor Ray Dalio, touching on topics from crypto to broader ideas about wealth and money. Within hours the clip had gone viral, drawing attention from investors, entrepreneurs … Read more
Sony has agreed to buy a majority stake in the beloved “Peanuts” comic franchise from Canada’s WildBrain for $457 million. The deal hands Sony control of one of the most recognizable comic properties in the world, known for characters such as Charlie Brown and Snoopy. Deal details Buyer: Sony (majority stake). Seller: Canada’s WildBrain. Price: … Read more
Rupee Strengthens, Touches 89.45 Against US Dollar The Indian rupee opened at 89.53 per US dollar in the interbank foreign exchange market and later strengthened to 89.45, marking a gain of 22 paise from the previous close. Market snapshot Opening rate: 89.53 per USD Intraday low (stronger rupee): 89.45 per USD Gain over previous close: … Read more
Global tax reach for RORs: foreign RSU gains are taxable in India If you are a Resident and Ordinarily Resident (ROR) in India, your worldwide income is subject to Indian tax. That rule explicitly covers gains arising from the sale of foreign Restricted Stock Units (RSUs) — so foreign equity awards are not outside the … Read more
Land Acquired for Cement Project in Chandrapur Shree Cement has completed land acquisition in Chandrapur and is now waiting for the mandatory environmental clearance to move forward. The company’s decision to secure the site signals a firm commitment to setting up operations in the region. What the move means locally Securing land is a major … Read more
Gifts from residents to non-residents: the ₹50,000 trigger and what follows Under the Income Tax Act, a monetary gift received by a person becomes taxable in India when the total received in a financial year from non-relatives exceeds ₹50,000. That rule applies to non-residents as well when the donor is a resident — but there … Read more
India’s SaaS Story Moves Toward Domestic Listings For more than a decade, many Indian software-as-a-service (SaaS) companies were built in India but chose to list on foreign exchanges. Domestic tech initial public offerings (IPOs) were largely led by consumer-facing firms. That pattern is changing: bankers, investors and founders now say the market is ready for … Read more
The Enforcement Directorate on 18 December said it has restituted funds worth more than ₹300 crore to settle long-pending dues owed to former workers of the now-defunct Kingfisher Airlines. The move offers a significant measure of relief to employees who have been awaiting payments since the carrier ceased operations. Key details Date: 18 December Amount … Read more
TCS market valuation climbs by ₹22,595 crore The market value of TCS rose sharply, increasing by ₹22,594.96 crore to reach ₹11,87,673.41 crore. This move reflects fresh buying interest and a positive shift in investor sentiment toward the company. What the jump means Scale reinforced: A market valuation near ₹11.9 lakh crore underscores the company’s position … Read more
What shapes your personal loan EMI? Your monthly EMI on a personal loan is not a one-number fact — it’s the result of several moving parts. The main factors are the loan amount, the interest rate, the tenure (how long you take to repay), your credit score, and any additional fees charged by the lender. … Read more