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Real estate exposure without buying a flat

Currently, home rentals yield little but commercial property pays decent yields and Real Estate Investment Trusts (REITs) are the vehicles to tap them and enjoy the returns

Shubman Gill admits India don’t have time to ‘experiment’ ahead of World Cup

News in Frames: The old world within a busy market

Vellore’s wholesale market, established in 1868, has grown from 200 shops to more than 700 permanent and 300 temporary shops; alongside its bustling trade, old businesses continue to survive

Carole King’s 128-acre Idaho ranch sells for $3.999 million

Carole King purchased Robinson Bar Ranch in Idaho in 1981 and worked on restoring the property for decades. The property, which spans 128 acres, includes various structures and natural features. After significant renovations, the ranch was listed several times before selling for $3.99 million. Its history includes…

OpenAI safety employee quits, says ‘time for trial and error is over’

Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says ‘MDR ate 94% of our margins’

Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over ₹2,000, which the company's co-founder says will take a significant toll on its margins. Details here.

Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses

The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.

Intesa Says Paschi Bid to Lapse If Holders Back Rival Deals

Intesa Sanpaolo SpA said its offer for Banca Monte dei Paschi di Siena SpA will lapse if Paschi shareholders back either of its proposed bids for Banco BPM SpA and Banca Generali SpA at an Oct. 29 meeting.

Meta’s AI Data Center tax strategy that saves billions - Report

The debate over Meta's strategy therefore comes down to whether its massive AI infrastructure projects represent genuine experimentation for tax purposes or simply the construction and operation of expensive data centres.

Caitlin Clark’s Excel connection: Why is Linda Cohn questioning the WNBA?

Excel Search & Advisory is helping the NBA find Cathy Engelbert’s successor as WNBA commissioner. Because Excel Sports Management represents Caitlin Clark and Napheesa Collier, former ESPN host Linda Cohn has questioned how the company will separate its executive search work from player representation. The NBA has not…

ITS officer’s death in 2023: Gujarat High Court orders FIR

Vessev built an electric ferry that almost flies

Vessev hopes its electric hydrofoil ferry will change the way people and cities think about boats.