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Amazon salary filings reveal Rs 2.3 crore pay for H-1B software engineers

Amazon is offering substantial salaries, up to $263,700, to foreign hires for software engineering and other roles under O-1 and H-1B visas. These base salaries, revealed in mandatory filings, don’t include equity. Notably, the online retail giant has been cutting…

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Minimalist will not survive after HUL acquisition, says Bombay Shaving Company CEO

Shantanu Deshpande of Bombay Shaving Company predicts Minimalist will struggle post-acquisition. He cites founder departures and integration challenges. Hindustan Unilever acquired Minimalist for a significant sum. The deal and leadership changes at HUL fuel the discussion. Some defend Minimalist’s potential…

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Geojit Financial Services to shift revenue mix towards distribution, targets 60 percent share by FY30: CFO Mini Nair

Highlights: * Geojit aims to rebalance revenue mix to 60 percent distribution by FY30. * Plans to onboard 30 lakh clients and add 200 branches in five years. * Rising SIP and mutual fund adoption among young investors influencing shift…

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SoftBank-backed InMobi looks to raise $1 billion via Indian IPO

InMobi, a mobile advertising platform supported by SoftBank, intends to launch an IPO in India. The company aims to raise $1 billion. It plans to appoint arrangers for the Mumbai IPO and submit a draft prospectus this year. InMobi may…

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BigBasket turnover declines in FY25 amid rising quick commerce competition

BigBasket, the Tata Digital-backed e-grocery platform, experienced a decline in annual turnover. This was due to stiff competition from quick commerce rivals like Blinkit and Zepto. Innovative Retail Concepts’ turnover fell 3% to Rs 7,673 crore. Losses also increased to…

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India’s IT ecosystem employs over 6 million people: Govt

​Global rankings such as Stanford AI rankings place India among the top countries in AI skills, capabilities, and policies to use AI. India is also the second-largest contributor to GitHub AI projects, showcasing its vibrant developer community, Minister of State…

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  • Stagflation fears grow in US—why India should worry too

    A weakening US economy, burdened by inflation and rising joblessness, could trigger stagflation. Here’s what that means for Wall Street, Indian exports, stock markets, and investor strategy.

  • How Standard Chartered’s Saurabh Jain has built wealth with mutual funds, EPF

    Saurabh Jain, MD at Standard Chartered, shares how disciplined investing, high savings, and long-term thinking helped him earn 17-18% CAGR over two decades.

  • Income Tax Rules: 10 common mistakes you must avoid while filing ITR in 2025

    You need to mandatorily file your ITR if your total income is over ₹2.5 lakh under the old tax regime. For the new tax regime, the requirement is an income of ₹3 lakh and above.

  • PF rules: How does employer contribution in EPFO work? Explained in five points

    As per PF rules, both employees and employers are mandated to contribute a certain amount of the basic salary towards EPFO to boost retirement savings. However, the components of employer contribution is not the same as those of the employees.

  • Wealth management is changing. How the next generation of financial advisors can thrive.

    The financial advice industry will look different in 2030 and beyond. Understanding how it is changing is crucial for younger financial services professionals.

  • Govt to call financial bids for IDBI stake sale by Oct-Dec: Divestment secy

    The IDBI Bank sale is being jointly executed by the central government and LIC, which together own more than 94% of the bank. The proposed transaction involves offloading a 60.72% stake in total. The IDBI Bank stake sale is expected to fetch about  ₹50,000 crore for the government and LIC.

  • 3 easy ways to improve your credit score before applying for a personal loan

    Credit score: If you are planning to apply for a personal loan online soon, these are the three straightforward actions which you can take to improve your credit profile.

  • Income Tax: Avoid these 4 common mistakes that taxpayers make while filing ITR

    ITR Filing: Taxpayers should avoid making these mistakes while filing their income tax return.

  • Son of Sardaar 2: Surprising money lessons on dealing with tariffs

    Ajay Devgn plays a simple Sardaar whose wife, living in Scotland, wants a divorce just as he arrives with a visa. Heartbroken, he stumbles into a chaotic and humorous journey involving patriotic gangsters and wedding dancers, blending comedy with unexpected twists.

  • 5 key benefits of credit cards you should know before applying

    Credit cards offer numerous benefits including building credit scores, earning rewards, providing financial flexibility, enhancing security, and granting emergency credit across the nation’s financial landscape.

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