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Billionaire Gautam Adani charged in US with USD 250 million bribery 2024-11-21 09:51:02
Adani Group said it accused him and his nephew Sagar Adani of offering Indian government officials 2.029 crores ($265 million) to secure lucrative solar power contracts, sparking a new controversy after allegations against six other companies Adani and its portfolio...
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Read MoreHyundai Motors India's Mega IPO to be Launched Soon 2024-10-09 11:18:37
Hyundai Motors India is about to launch the largest initial public offering (IPO) India has ever seen. When Can You Invest?: The IPO opens for subscription from October 15 to October 17, 2024. Why Is This IPO Special? Record-Breaking Size:...
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Read MoreIndian Budget 2025: What's new for NRIs? 2025-02-01 11:02:30
In the 2025 Budget, Finance Minister Nirmala Sitharaman unveiled significant tax reforms affecting non-resident Indians (NRIs) and foreign investors. Aiming to create a stable tax environment for non-residents, the government introduced a presumptive taxation framework tailored for foreign firms providing...
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Read MoreUK's Richest 10% Extracted Half Of Wealth From India 2025-01-20 10:00:17
Britain took $64.82 trillion from India during a century of colonial rule from 1765 to 1900, of which $33.8 trillion went to the richest 10 percent. That's enough to fill London with British £50 notes. This is part of human...
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Read MoreWhy OpenAI Plans Transition To Public Benefit Corporation 2024-12-31 10:30:15
OpenAI said Friday that it plans to spin off its for-profit arm into a Delaware Public Benefit Corporation (PBC) to raise capital and gain an edge in expensive artificial intelligence competition with companies like Google. OpenAI's new organization aims to...
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Read MoreElon Musk offers 97 billion USD to buy OpenAI 2025-02-11 13:11:50
Elon Musk, who had previously taken legal action against OpenAI, is now attempting to acquire the organization. Recent information indicates that Musk, backed by a group of investors, presented a bid of $97 billion to CEO Sam Altman to buy...
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