Why wealthy entrepreneurs are buying businesses for their kids to run
For older entrepreneurs who aren’t quite ready to retire, buying and growing a business with their children becomes part hobby and part training ground for the next generation.
For older entrepreneurs who aren’t quite ready to retire, buying and growing a business with their children becomes part hobby and part training ground for the next generation.
The Indian rupee Friday broke its week-long losing streak amid reported dollar sales by the Reserve Bank of India (RBI) and a mild retreat in oil prices. The currency closed at 95.87, versus its previous close of 95.93, while Brent crude oil prices fell to nearly $101 per barrel during the day, according to Reuters….
Ixigo shares rallied after the travel booking platform reported its highest ever quarterly profit, with strong growth in hotels, flights and buses helping offset a decline in adjusted earnings. The stock rose as much as 13% to ₹163.38 on the NSE. Ixigo reported an all-time high profit after tax of ₹63.42 crore for the quarter…
Mumbai |Kolkata: The rupee could grind lower to 96-97 a dollar by the end of FY27, upending central bank expectations of a potential firming in the currency’s value, as persistent outflows from Indian financial assets, elevated crude oil prices, and surging global yields combine to pressure emerging markets, economists and forex specialists told ET. Reserve…
Mumbai: The National Stock Exchange (NSE) has filed an updated draft red herring prospectus (UDRHP) for its upcoming initial public offering (IPO) with the Securities and Exchange Board of India (Sebi), said sources familiar with the matter. The revised filing proposes cutting the IPO size to around ₹22,500-23,500 crore from the earlier plan of ₹30,000…
A businessman who operates in the fish machinery segment received ₹23 lakh in his bank account via RTGS on January 16, 2026. Shortly after the money was credited, the bank froze his account, citing a mismatch between the deposit amount and the income he declared when opening the account. The bank noted that the customer…
Shares of Just Dial rallied another 14% to Rs 770 on the BSE on Tuesday, extending their post-earnings surge to 36% in just two days after the company reported robust results for the first quarter of FY27. The stock hit the 20% upper circuit in the previous session. The company’s net profit was Rs 166.2…