Shares of The New India Assurance Company Ltd. surged as much as 13.5% on Thursday, June 18, after the name of the company appeared in the names of selling shareholders in the Draft Red Herring Prospectus (DRHP) filed by the National Stock Exchange (NSE) last night, ahead of its mega Initial Public Offering (IPO). This…
NEW DELHI: In a fresh setback for TMC chief Mamata Banerjee, the Calcutta high court on Thursday refused to grant interim relief in a plea challenging the appointment of rebel TMC MLA Ritabrata Banerjee as leader of opposition in the West Bengal assembly, allowing the Speaker’s decision to remain in force pending further hearings.Justice Krishna…
One of Google’s most prominent researchers is leaving for rival OpenAI, dealing a setback to Alphabet Inc. in a multibillion-dollar race to build the world’s most powerful artificial intelligence models. OpenAI Chief Research Officer Mark Chen said Shazeer would be the company’s lead for AI architecture research (REUTERS) Noam Shazeer, who co-authored a seminal paper…
England’s Jude Bellingham celebrates scoring his side’s 3rd goal. (AP Photo) England midfielder Jude Bellingham continued his remarkable rise on the international stage by becoming the youngest European player to feature in four major tournaments, capping the milestone with a goal in the Three Lions’ thrilling 4-2 victory over Croatia in their FIFA World Cup…
Daveigh Chase passes away at 35; funding page set up by her alleged boyfriend, Roy Hernandez, was claimed to be false by her former manager. (Credit: YouTube) Trigger warning: This article contains mentions of death, reader’s discretion is advised.‘Lilo and Stitch’ actress Daveigh Chase passed away earlier this week because of complications arising from meningitis….
“Things may come to those who wait, but only the things left by those who hustle.” – Abraham LincolnFirst things first: despite what internet memes and motivational posters tell you, Abraham Lincoln almost certainly never said this. The word “hustle” didn’t even mean hard work back in the 1860s (it usually meant to shove or…
Large non-banking finance companies (NBFCs) — lenders that operate like banks but cannot accept deposits — are set for earnings upgrades of 3-5%, driven by falling borrowing costs and asset quality that is holding better than expected, according to Viral Shah, Senior Vice President at IIFL Capital. Shah said the macro backdrop has shifted in…
The Central Board of Direct Taxes (CBDT) has clarified the framework for compulsory scrutiny of income tax returns filed during FY 2025-26, along with a key procedural timeline: June 30. Why June 30 is important As per the CBDT instruction, the Income Tax Department must serve a scrutiny notice under Section 143(2) within the statutory…
TSMC founder Morris Chang has cautioned companies against laying off workers if there is a chance they will need to rehire them within a year, arguing that many executives overlook the real costs involved. Speaking about his experience leading Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, Chang said layoffs often create expenses…
Energy shipments in the Gulf have once again resumed sailing, after the US and Iran signed an interim agreement. After months of disruptions to the Strait of Hormuz, activity appears to have finally resumed, with a liquefied natural gas (LNG) loaded tanker now moving towards the strategic waterway.The reopening of the waterway is expected to…
