In a Malaysian Pop-Up City, Echoes of China’s Housing Crash
Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke. Source link
Perplexity AI seeks $8 billion valuation in new round, WSJ says
Artificial intelligence search company Perplexity AI has started fundraising talks in which it aims to more than double its valuation to $8 billion or more, the Wall Street Journal reported Sunday.Perplexity has told investors it hopes to raise about $500 million in the new funding round, the Journal said, citing
Hyundai IPO GMP: Grey Market Premium surges to 5% over issue price as India’s largest IPO lists tomorrow
In the grey market, Hyundai’s shares are currently trading at Rs 2,067. Hyundai IPO listing: The grey market premium (GMP) for Hyundai’s IPO has experienced a significant turnaround, rising to 5% from a previous dip of -3%. This shift in GMP indicates an improvement in investor sentiment surrounding Hyundai, suggesting
Softy ice-cream mix attracts higher GST: It’s mainly sugar not milk holds GST-AAR
MUMBAI: Is a softy ice-cream mix made of milk or sugar? According to a recent ruling given by the GST Authority for Advance Rulings (AAR) – Rajasthan bench, the product’s major component is sugar, not milk. Further, since it contains additives like stabilizers and flavorings, it is no longer a
Elon Musk’s Big Business and Conflicts of Interest With the U.S. Government
Mr. Musk, who holds billions in federal contracts, wants to be in charge of the regulators that oversee him if Donald Trump wins. Source link
PPF: How to open a Public Provident Fund account – check simple steps, documents required, interest rate & more
Any resident of India is eligible to open a PPF account. (AI image) How to open a PPF account: The Public Provident Fund (PPF) is a government-backed savings scheme that is widely favored by investors for building a corpus over an extended period. It provides tax advantages, assured returns, and
NPS-related complaints: How can subscribers register National Pension System complaints? Quick guide
NPS grievances: To file a complaint, subscribers can utilize the online grievance redressal portal. (AI image) NPS complaints: The National Pension System (NPS), overseen by the Pension Fund Regulatory and Development Authority, is a voluntary retirement savings plan designed to provide financial security to subscribers in their retirement years. However,
New train ticket booking rules: Why has Indian Railways cut the advance reservation period to 60 days? Top 5 reasons
The new rules for advance train ticket reservations will not affect tickets that have already been booked. New IRCTC train ticket reservation rules 2024: Indian Railways has updated the advance reservation period for train ticket booking, reducing it from 120 days, to 60 days. The new advance train ticket booking
PM Modi highlights Mark Mobius’ ‘love for India’; says renowned global investor believes 50% should be invested in Indian stock market
Citing Mobius’ view, PM Modi said, “Mark Mobius is one of the many persons who loves India. Prime Minister Narendra Modi has highlighted renowned global investor Mark Mobius’ ‘love’ for India. PM Modi on Monday emphasized the increasing confidence of global investors in India’s thriving economy, citing the recent comments
Billionaire Adar Poonawala to pick 50% stake in Karan Johar’s Dharma Productions for Rs 1,000 crore: Report
Poonawalla is making this investment privately through Serene Productions. Johar will retain the remaining stake. Adar Poonawalla, the billionaire CEO of the Serum Institute of India, is acquiring a 50% stake in Karan Johar’s Dharma Production and Dharmatic Entertainment for Rs 1,000 crore. This investment values the film and television