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LIC OFS: Shares crash 8% as offer for sale opens for non-retail investors. Details here

New Delhi, Aug. 4 -- Life Insurance Corporation of India (LIC) share price tumbled as much as 8.28% on NSE in Tuesday's trading session after the government's Offer for Sale (OFS) opened for subscript... Read More


Washington Commanders update: Fabian Moreau signed, Ahkello Witherspoon placed on reserve/retired list

New Delhi, Aug. 4 -- The Washington Commanders moved quickly to shore up their secondary on Tuesday. The team confirmed the signing of veteran cornerback Fabian Moreau after placing Ahkello Witherspoo... Read More


Crude oil reverses gains, drops 5% on renewed Middle East peace hopes; Brent falls below $80

New Delhi, Aug. 4 -- Crude oil prices retreated sharply from the day's highs in Tuesday's trade as renewed hopes of a peace agreement in the Middle East eased concerns over supply disruptions. Optimis... Read More


Sebi asks brokers to boost retail participation after auction debut

Mumbai, Aug. 4 -- The Securities and Exchange Board of India (Sebi) has asked brokers to encourage greater participation by retail investors in the newly introduced closing auction session (CAS), amid... Read More


Zindagi Na Milegi Dobara's Arjun Saluja taught us to chase FIRE, but how to protect it for 50 years

New Delhi, Aug. 4 -- Like Arjun Saluja (Hrithik Roshan's character) in Zindagi Na Milegi Dobara, Deepak had a number in mind. Not for a business deal, but for his financial freedom. An investment ban... Read More


In first address, CEO Walsh signals IndiGo's global ambitions despite aviation headwinds

New Delhi, Aug. 4 -- Less than 48 hours into the job, IndiGo's new chief executive officer (CEO) William Walsh used his first address to employees to signal that the airline will stay the course on in... Read More


Rupee opens flat at 95.33 against US dollar

New Delhi, Aug. 4 -- The Indian rupee opened flat at 95.33 against the US dollar on Tuesday, 4 August, as uncertainty surrounding a potential diplomatic resolution to the US-Iran conflict and persiste... Read More


Can ESOP buyback payouts be taxed as capital gains? ITAT order offers hope for startup employees

New Delhi, Aug. 4 -- Startup employees who receive payouts when their vested but unexercised employee stock options (ESOPs) are bought back before they are exercised could have a stronger case for see... Read More


Quote of the Day by Prashant Kishor: 'You need 4Ms to win an election. Messenger, message, missionaries & .'

New Delhi, Aug. 4 -- "...you need 4Ms to win an election. First is a messenger who can communicate with the people, then comes the message. Third, are the missionaries, and last is the mechanics, whic... Read More


Gold and silver prices today: Rates jump up to 1% on MCX on US-Iran peace deal hopes

New Delhi, Aug. 4 -- Rates of gold and silver jumped up to 1% in early deals on the MCX on Tuesday, 4 August, supported by hopes of a potential US-Iran peace deal. MCX gold October contracts were 0.5... Read More