Mubadala Proposal to Sell Fintech Wefox Opposed by Founders

Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd. in a deal opposed by the German firm’s founders.

3 min read11:53 PM IST

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India’s new government should take a problem-solving approach

To meet the election mandate, focus on inclusive growth. Devolve funds to local bodies, reduce inflation, enhance social security, create jobs, support agriculture, fix statistics, revise industrial policies and solve problems in education and health.

5 min read

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US-Saudi Nuclear Deal Near, Congress Briefed on Details

National Security Council officials briefed members of Congress on a long-sought nuclear technology-sharing deal with Saudi Arabia that could let American companies build reactors in the kingdom, lawmakers said.

1 min read15 Jun 2024

Hot funds and the curse of ‘self-inflated returns’

When billions of dollars gush into a small ETF that just reported big gains, more big gains can soon follow. The problem: It’s the investor themselves who drive the gains—and who will suffer when their impact fades.

5 min read09:41 PM IST
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Infinix ventures into tablets? XPad rumors hint at imminent launch

Infinix is rumored to introduce its first tablet, possibly named the Infinix XPad. Details are speculative, but it is expected to target the mid-range market.

2 min read11:06 PM IST

How This Bengaluru Couple Saved Up To Travel The World | Mint Money Talks

How This Bengaluru Couple Saved Up To Travel The World | 15 years ago, the now 70-year-old KS Kumar retired from active corporate life. Before he ended up retiring, he and his wife Radha had decided the top priority of their retirement goals - which was that they wanted to travel the world. But until 2005, 90% of the couple’s investment was in real estate. It was only around when Kumar decided that he wanted to retire soon after moving from Gurugram to Bengaluru, that the couple decided to diversify - and made a plan on how they could plan their annual expenses to fulfill their dream to travel. Watch!

04:41 PM IST
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Sebi seeks changes to CSR rules to include donations via social stock exchange

Currently, firms can donate to non-profit organisations off the market under their CSR activities. They cannot, however, fund non-profit organisations through SSEs to fulfil their CSR mandate. For this, an amendment in Schedule VII of the Companies Act, 2013, would be necessary.

4 min read07:34 PM IST

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Government to offer 62 coal blocks in auctions next week

Commercial coal block auctions were first started in 2020. Since then, in nine rounds, the ministry has auctioned 107 coal blocks with 256 million tonnes of peak rated capacity.

2 min read09:13 PM IST

JEE Advanced AAT Results 2024: Architecture Aptitude Test scores to be OUT today

JEE Advanced AAT Results 2024:The three hour long JEE Advanced AAT exam was conducted on June 12 from 9:00 AM to 12 PM. The Joint Implementation Committee of JEE Advanced 2024 will determine the requirements for qualifying the exam.

2 min read11:18 AM IST

NASA shares video of purple rain taking over the Red Planet

NASA recently shared infrared visuals of Aurora lights covering Mars’s surface. The visuals captured by the image showed how Aurora lights turned covered the planet in a purple hue

2 min read03:04 PM IST

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Multibagger Stock: Tata Communications rallied over 100% in 2 years

Tata Communications stock is recommended as ’buy’ by Nuvama Institutional Equities and IIFL Securities with target prices of ₹2,200 and ₹2,231 per share, respectively.

4 min read06:40 PM IST

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Meet the people tutoring indie musicians about their rights

More than a handful of people are turning tutors to educate young music makers on the intricacies of the laws and other nuances of the independent music scene

4 min read05:30 PM IST

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