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Info Edge CFO Chintan Thakkar steps down; Founder pens heartfelt note

Chintan Thakkar, the seasoned Chief Financial Officer of Info Edge, is bidding farewell after 12 fruitful years, opting for a fresh path as the new CEO and Partner of Indian Angel Network. Sanjeev Bikhchandani, the founder, celebrated Thakkar’s extensive impact…

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Insolvency regulator proposes uniform valuation format for bankrupt firms

The insolvency regulator has proposed uniform formats and documentation for valuing stressed companies during bankruptcy resolution. These draft guidelines aim to ensure a scientific approach, reduce arbitrary valuations, and promote consistency and transparency. The regulator is seeking stakeholder feedback on…

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Indian IT firms face higher H-1B rejections as US tech companies maintain low denial rates

According to the National Foundation for American Policy (NFAP), companies such as HCL America, LTIMindtree, Cognizant and Capgemini saw denial rates well above the national average of 2.8 per cent for fiscal year 2025. In contrast, leading US employers such…

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Billionaire-backed IndusInd plans sweeping overhaul after probe

IndusInd Bank is set for a major restructuring. The bank aims to improve profits and address underperformance. New CEO Rajiv Anand plans to enhance efficiency and focus on artificial intelligence and retail expansion. This initiative follows a period of turbulence…

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Economists call on RBI for Dec rate cut amid record low inflation

Economists are urging the Reserve Bank of India to lower interest rates at its upcoming December meeting. They point to record low consumer inflation as a key reason. A rate cut is expected to stimulate economic growth in the coming…

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Govt appoints IRS officer Sandip Pradhan as member Sebi

Pradhan replaces Ashwani Bhatia, who demitted office after completion of his term as a whole-time member.

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News

  • How to obtain tax residency proof in India?

    A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, an online Form 10FA must be submitted, confirming tax residency in India for the relevant financial year.

  • 4 common credit report errors that drop your score and trigger loan rejection

    Credit report errors such as incorrect details, misreported repayments, active closed loans and duplicate accounts can reduce your credit score and hinder loan approval, making regular credit report checks essential.

  • Markets will move in 2026, but behaviour will decide outcomes

    The markets in 2026 may test investors. When instinct pushes for quick reactions, it is behaviour discipline, restraint, and clarity of purpose that will decide outcomes.

  • Don’t pay tax on gifts if they are from family. Here’s the rule

    Gifts from relatives are exempt from tax, while gifts over ₹50000 from non-relatives are taxable. Gifts received during marriage are fully tax-exempt. 

  • Inside AIFs: The risks, rewards and real fit for your portfolio

    Each AIF is different and an investor needs to understand if and where it fits into their asset allocation mix, based on their portfolio size, risk-taking ability, return expectations and liquidity considerations

  • This couple had a New Year holiday in Oman just for ₹2 lakh. Here's how

    As part of Mint’s travel series, the couple shares details of their nine-day Oman holiday, showing how it’s possible to enjoy a full, hassle-free holiday without stretching the wallet.

  • Still believing these credit myths? They’re quietly ruining your financial health

    As 2025 ends, it's vital to debunk personal finance myths, especially regarding credit. Misconceptions include beliefs that BNPL doesn't affect credit scores, high income ensures good scores, and closing old cards is beneficial. 

  • Axis Bank credit card travel redemption options: Transfer ratios, limits, and tips

    Axis Bank credit cardholders can transfer their reward points to 20 partners (6 hotels and 14 airlines) categorised into Group A and B. There are groupwise calendar year limits on points transfers.

  • Rupee at record low: Should you invest abroad? Here are the smartest routes

    With traditional domestic mutual funds reaching overseas investment caps, this guide explores alternative routes, including Gift City funds, foreign brokerage platforms, and global mutual funds, to help build a robust international portfolio.

  • PNB cuts repo-linked lending rates by 25 bps after RBI MPC announcement — Will your home loan EMI go down? Explained

    Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

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