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Cairn India hits record high on BSE amid stake sale talks
MUMBAI: Shares of Cairn India Ltd on Friday climbed over 5 per cent to hit a record high of Rs 358 on the BSE amid reports that Vedanta Resources is in talks to buy a majority stake in the subsidiary of UK-based Cairn Energy. The scrip, which was flat for most of the session, shot…
OpenAI power consolidates under co-founder Greg Brockman ahead of IPO
Greg Brockman, president of OpenAI, arrives at a federal courthouse as the trial in Elon Musk’s lawsuit over OpenAI’s for-profit conversion continues, in Oakland, California, May 6, 2026. Manuel Orbegozo | Reuters There’s a new second-in-command at OpenAI. Greg Brockman, the company’s president, is officially responsible for OpenAI’s most important and profitable projects after Fidji…
Russia war: Zelenskyy dismisses Ukraine army chief following protests
For the fifth day in a row activists with banners and flags protest against the resignation of Ukrainian Defence minister Mykhailo Fedorov during a rally near the monument to Ukrainian poet Taras Shevchenko on July 20, 2026 in Lviv, Ukraine. Global Images Ukraine | Global Images Ukraine | Getty Images Ukrainian President Volodymyr Zelenskyy has…
Barclays Appoints Peter Luck as Chairman of UK Investment Banking | LeapRate
Barclays has announced the appointment of Peter Luck as Chairman of UK Investment Banking, strengthening its leadership team in the bank’s core domestic market. Luck joins from Bank of America, where he served as Head of UK Investment Banking and Head of EMEA Corporate Broking. Before that, he spent 13 years at UBS, building a…
REITs vs REIT mutual funds vs physical property: A complete guide to capital gains tax, TDS and post-tax returns
Investors can gain exposure to the real estate sector through physical property, listed Real Estate Investment Trusts (REITs), or REIT-based mutual funds. While all three provide access to the same asset class, their tax treatment differs significantly and can have a meaningful impact on post-tax returns. Capital gains tax: REITs and REIT mutual funds have…
Warren Buffett Swears By This 1 Low-Cost Investment. History Proves He’s Been Right Every Time.
The S&P 500 (^GSPC +0.42%) is up by more than 10% over the last three months alone, as of this writing — its most successful quarter in years. But it’s also a historically expensive time to invest, and some metrics are sounding the alarm over the market’s valuation. For example, the Buffett indicator — named…