Gen Z, It Turns Out, Is Great at Saving for Retirement
They are contributing to their 401(k)s much earlier than millennials did, reports show, and young women in particular are being aggressive about saving. Source link
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Meesho moves ahead with Rs 4,250cr IPO, shareholders approve listing plan and confidential filing route
Meesho representative image Bengaluru-based ecommerce marketplace Meesho has received shareholder approval to launch its initial public offering (IPO), aiming to raise Rs 4,250 crore (about $500 million) through a fresh issue of equity shares, according to filings with the Registrar of Companies.The approval was granted at an extraordinary general meeting of the company. The IPO…
Is Mostafa Asal, Squash World Champion, Testing The Rules, or Cheating?
Even Mostafa Asal’s coach admits his player sometimes goes too far. But an anonymous YouTuber is crying foul play, with videos to make the point. Source link
AI for India summit: Experts call for stronger R&D from academia and industry; AI adoption growing across sectors
The need to scale up research and development (R&D) across Indian academia and industry was a recurring theme at the ‘AI for India’ summit in Bengaluru, where leading voices in artificial intelligence stressed the urgency of cross-sectoral collaboration to make AI work at scale in India.“This is an opportunity. R&D must step up, and this…
How to Potty-Train a Co-Worker
When a colleague isn’t housebroken, there are options. Plus, can you tell someone they’re getting too old to work? Source link
Starlink nears India launch: Elon Musk’s satcom giant gets final regulatory go-ahead, prepares for compliance trials
Elon Musk-owned Starlink is poised to receive its final regulatory approval to launch satellite communication services in India, with space regulator IN-SPACe issuing a draft authorisation document for the company to sign. Once completed, the Indian National Space Promotion and Authorisation Centre will countersign the document, effectively clearing the way for Starlink to begin operations.The…
US retirement age hits 67 by 2026: Early retirees to lose up to 30% in benefits- what it means for social security income
The full retirement age (FRA) for Social Security benefits in the United States will increase to 67 starting in 2026, affecting millions of Americans planning their retirement. Those opting to retire early at age 62 could see up to a 30 per cent reduction in monthly benefits.The change stems from reforms signed into law by…
FPIs pump in Rs 13,107 crore into Indian markets in a week; sharp rise amid RBI rate cut, global easing
Representative image (Image credits: ANI) Foreign portfolio investors (FPIs) made a net investment of Rs 13,107.54 crore into Indian markets during the week of June 23 to June 27, according to data released by the national securities depository limited (NSDL). The strong inflow reflects a surge in investor confidence, with heavy buying especially on Monday…
Prada bows to massive online backlash! Italian brand forced to credit Kolhapuri chappal designs; legal options being mulled in India
The Kolhapuri chappals received GI designation on December 11, 2018. Prada, the Italian high-end fashion brand, has confirmed that their upcoming Spring Summer 2026 menswear line incorporated designs influenced by Kolhapuri chappals, addressing the controversy that caused significant displeasure in India and sparked discussions about cultural appropriation. The leather sandal with open toes presented by…
HDB Fin’s IPO subscribed 17x, most in 4 years
MUMBAI: The IPO segment of the market is back to its glory days again. On Friday, the Rs 12,500-crore maiden offer for HDB Financial, an arm of HDFC Bank, was subscribed nearly 17 times with the total demand worth almost Rs 1.6 lakh crore. The IPO is set to become India’s most sought after large…