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NEW DELHI: Starting next April, all car manufacturers will be required to perform fuel-efficiency and mileage tests for new vehicle models under two conditions: with the air-conditioning system turned on and with it turned off, according to a notification issued by the road transport ministry on Sunday.For existing models, manufacturers may be granted a few…
Artificial intelligence company Anthropic has taken a major step towards a public market debut, announcing that it has confidentially filed paperwork with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO), AP reported.The company said the filing gives it the option to go public after the SEC completes its review…
Strategy (MSTR), the company whose bitcoin accumulation strategy inspired a new generation of so-called digital asset treasury firms, sold BTC for the first time since December 2022, offloading roughly $2.5 million worth of tokens. The move came as the scheme has faced major headwinds since gaining popularity last year. Dozens of companies raised capital through…
Greg Abel, CEO of Berkshire Hathaway, meets with shareholders at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 1, 2026. David A. Grogan | CNBC Greg Abel‘s first major acquisition as Berkshire Hathaway CEO looks a lot like the kind of deal Warren Buffett would have made himself. Berkshire’s $6.8 billion purchase…
Investors holding Sovereign Gold Bonds (SGBs) issued between 2019 and 2021 can apply for premature redemption in June 2026, with the Reserve Bank of India (RBI) opening redemption windows for five bond tranches during the month.Investors planning to exit before the eight-year maturity period must submit their requests within the specified timelines through banks, post…
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Market regulator Sebi on Monday proposed allowing Infrastructure Investment Trusts (InvITs) in the roads sector to add back certain major maintenance expenses funded through external debt while calculating Net Distributable Cash Flow (NDCF), a move aimed at addressing industry concerns over lower distributable cash.The proposal follows representations from the Bharat InvITs Association (BIA), which sought…
NEW DELHI: In a bid to revive Congress organisational strength, party leader Rahul Gandhi on Monday told district presidents that hard work and direct public engagement, rather than sycophancy, will help the party grow, as he urged party leaders to reconnect with people at the grassroots level, party sources said.While addressing the concluding session of…
Oval Fertility founders Veena Reddy and Dr Brian Levine Hyderabad: In an expansion of its presence in the healthcare space, GVK Group has forayed into the fertility care segment with Oval Fertility, a venture co-founded by GVK scion Keshav Reddy’s wife Veena Reddy and US-based IVF specialist Dr Brian Levine.The venture, backed by the GVK…
