(Bloomberg) — Triton Partners has raised €5.5 billion ($6.3 billion) for its new flagship fund, people familiar with the matter said, an important milestone after the European buyout firm’s ability…
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Silver price today: How to check purity before buying? Check rates of 999 vs 925 vs 900 in Mumbai, Delhi, Bengaluru
prices in India fluctuate based on global bullion trends, currency movements, and local demand. Retail rates may also vary slightly across cities due to factors such as transportation costs, dealer…
Finance Ministry restructured norms for minimum public shareholdings
Finance Ministry has revised norms for public shareholding framework of listed companies. Experts feel such a move aims balance market liquidity with the practical realities of large capital raising. Earlier,…
upGrad to acquire Unacademy in 100% share swap; valuation undisclosed
Edtech firm upGrad has signed a term sheet to acquire Unacademy in a 100% share swap deal. Neither company will disclose the valuation until the transaction is formally closed and…
Air India audit uncovers large-scale misuse of staff vacation travel scheme; 4,000 employees under scanner: Report
Air India has identified extensive inconsistencies in the application of its staff vacation travel program, affecting over 4,000 personnel, and has commenced remedial measures, including the application of sanctions on…
upGrad signs term sheet to acquire Unacademy in all-stock deal
Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at…
Amid soaring aluminium imports, India brings in new QCO
New Delhi: India has issued a new quality control order (QCO) for aluminium and aluminium alloy products, mandating compliance of Bureau of Indian Standards (BIS) norms by domestic and overseas…
Swedish court orders detention of Russian captain of tanker boarded off Sweden
STOCKHOLM — A Swedish court on Sunday ordered the detention of the Russian captain of a ship that was suspected to be sailing under a false flag in the Baltic…
CEOs want to be like Warren Buffett, right down to his shareholder letter
Warren Buffett’s advice on investing and business reached tens of millions of people during his long run at Berkshire Hathaway. But it is Buffett’s success in making shareholder letters sing…
Can I use MF sales proceeds to pay home loan and get Section 54F benefit?
I bought an apartment in 2022 with a home loan. This year, I have sold equity mutual fund (MF) holdings with gains of about ₹60 lakh. Can I use the…