An encounter with a family struggling for safe water helped Alix Lebec rethink how money moves. Now she’s using innovative finance to tackle climate and economic challenges.
Heavy rainfall lashed Delhi and the National Capital Region (NCR) early on Thursday, July 9, bringing relief from the recent spell of hot and humid weather but causing widespread waterlogging, traffic snarls and travel disruptions across the region. India Meteorological Department (IMD) issued fresh weather alerts, warning of more thunderstorms, lightning and rain throughout the…
The Allahabad High Court has ruled that the Income Tax Department cannot issue a reassessment notice in the name of a person who has already died, holding that such a notice is void from the outset and cannot later be validated by simply substituting the deceased’s legal heir. The judgment provides important clarity for families…
This article is republished with permission from Laser Wars, a newsletter about military laser weapons and other futuristic defense technology. The threat of low-cost weaponized drones may grow more urgent by the day, but the United States’ nascent laser dome is slowly but surely expanding to meet it. In a new request for information (RFI) published on July 20, the…
Employees at Paramount Skydance are wrestling with whether the planned mega-merger with Warner Bros. Discovery would put them on the chopping block or help save their jobs. “I’m definitely worried about impending layoffs post-merger,” a Paramount research staffer said. “But I’m worried about the company as a whole if it doesn’t go through.” Paramount’s $110…
SoftBank-backed digital-commerce ecosystem AceVector Ltd has filed updated draft papers with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore. In addition to the fresh issue, the IPO will also involve an offer-for-sale (OFS) of 6.38 crore shares by existing shareholders, according to…
Warren Buffett, who started giving away his wealth two decades ago, has pledged to completely dispose of his roughly $140 billion stake in Berkshire Hathaway Inc. by 2034. His latest donation, comprising 12 million Class B shares, is instead going to four foundations led by his children, Susie, Howard and Peter. Noting that his children…