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Subscribe to enjoy similar stories. NEW DELHI : State-run industrial equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) is pulling out all stops to secure arbitral awards worth nearly ₹1,500 crore, which is about 15x the company's September quarter net profit. BHEL is accelerating its efforts to ensure that these awards, which were in favour of the company, are collected as soon as possible, according to two people close to the matter.

Subscribe to enjoy similar stories. Mumbai: The rising interest in India’s equity markets has brought with it an attendant problem the regulator is grappling with—a pile-up of investor complaints related to issues such as unauthorised trading, delayed payments, discrepancies in account statements, and mis-selling.

The Connor Group founder and managing partner discusses what needs to happen to unleash the housing market and the impact of regulations on rebuilding California following the wildfires.

Amazon.com Inc. surprised its Quebec workers on Wednesday by announcing it will shutter all seven of its facilities in the province by March, laying off about 1,950 full-time and temporary employees as it switches to third-party delivery services. The move has sparked outrage from the union representing some of the Quebec workers, which alleges the move is tied to the unionization efforts. Here, the Financial Post’s Jane Switzer and Yvonne Lau explain what the closure means for Amazon customers in Quebec, the company’s landlords across Canada and the affected employees.

Republic Day, there will be much speechifying about 'the world's largest democracy' and the 'sacred text' that is the Constitution. But if you let the rhetoric cool a bit and let facts do the talking, we may be looking the other way to avoid being caught looking uncomfortable as a democratic nation. PRS Legislative Research's annual report, 'The Annual Review of State Laws' for 2023 released last year, shows that state assemblies met for 23 days in 2023. As many as 12 states met for less than 100 hrs that year. 44% of all bills were passed on the day of introduction or the very next day, giving debates a short shrift. In 2002, a committee set up to review the working of the Constitution recommended that houses of state legislatures with less than 70 members should meet for at least 50 days in a year, and other houses meet for at least 90 days.

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Subscribe to enjoy similar stories. Mumbai: In 1994, the Agarwal family launched a ₹4 crore initial public offering (IPO) for Dr Agarwal’s Eye Hospital, with a view towards expanding in Tamil Nadu. Thirty years later, the family is launching a ₹3,027 crore IPO of the holding company next week, which will value both entities at over $1.5 billion ( ₹12,810 crore).

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World Economic Forum Annual Meeting ended on Friday, Indian leaders said they could see trust for India in eyes of all global leaders and that was reflected in investment commitments totalling over Rs 20 lakh crore with Maharashtra grabbing the biggest pie of almost 80 per cent. Union minister Ashwini Vaishnaw, who led the largest ever Indian delegation of five Union ministers and several leaders from states including three chief ministers, said trust and talent are the biggest factors attracting the world to India.

Tesla is actually experiencing some early signs of demand challenges with Tesla CEO Elon Musk already implementing price cuts just one quarter after launching its non-Foundation Series models, reported Fortune. The entry level all wheel drive version which is being priced at around $80,000 is already seeing discounts up to $1,700 depending on the location and trim.

World Economic Forum Annual Meeting 2025 ended on Friday with a call for working together in this era of uncertainty, after five days of intense discussions on politics, economy, climate and conflicts among various other issues. Attended by over 3,000 global leaders from 130 countries and from politics, business, academia, civil society and various other areas, the meeting saw discussions spread over more than 500 sessions.

Changpeng “CZ” Zhao, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former venture capital arm of his Binance Holdings Ltd. into a family office.

Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep, as per a report.

Subscribe to enjoy similar stories. The European Commission is planning to go much further than before in cutting red tape, as part of a sweeping policy proposal to revive the bloc’s economy and compete with China and the U.S. The European Commission is planning to go much further than before in cutting red tape for businesses, as part of a sweeping policy proposal to revive the bloc’s economy and compete with China and the U.S.

The digital-asset sector finally received a supportive executive action from United States president Donald Trump, ending an anxious wait and opening up the tantalizing prospect of rapid progress toward a friendly regulatory backdrop.

Toronto-Dominion Bank has parted ways with its top anti-money laundering officer as it continues to make changes in its senior leadership just a few months after regulators in the United States levied sanctions against it for failing to monitor money-laundering activities at its branches.

If you incur various expenses for which you aren’t reimbursed by your employer, including expenses for a home office, you may be able to claim a deduction on your return for them. But what if your expenses are so large that they exceed your employment income? Are they still deductible against other income? Or can they be carried forward, and used in a future year?

Donald Trump is saying a lot about the United States’ trading relationship with Canada that some economists say is just plain wrong.

JSW Steel Ltd’s profit slumped 70% on year to Rs 719 crore in the December quarter as weak prices of steel weighed on earnings, even as the steel-maker’s production was at an all-time high during the quarter. The bottomline was also impacted by an exceptional loss of Rs 103 crore.

high cholesterol levels — and the cholesterol literally oozing out of his skin.