Elon Musk’s billboard pictured on the day of SpaceX’s initial public offering (IPO) Elon Musk may have slipped below the trillion-dollar mark, but his fortune has hardly slowed down. Between 2025 and 2026, the world’s richest person added $319.5 billion to his wealth.In July 2026, Musk’s net worth stood at $725.1 billion, compared with $405.6…
US audio major Bose Professional’s Mangaluru R&D centre illustrates the shift. Focused on next-generation professional audio products, the centre began with one employee, has grown to 25 and is planned to scale up to 75, CEO John Maier told TOI last year. BENGALURU: The new global capability centre (GCC) model is increasingly smaller, leaner and…
Indian Bank has identified 725 branches as Gold Shoppe branches with dedicated staff and enhanced customer service facilities. The bank has added 982 empanelled appraisers in the past six months, taking the total to 3,538. CHENNAI/MUMBAI: Banks are strengthening branch-level gold loan capabilities by adding appraisers, investing in testing equipment and digitising processing as demand…
Officials acknowledged that several govt departments had started turning inter-ministerial meetings into a forum for seeking a review, with some of them repeatedly approaching Niti Aayog and other agencies suggesting a review. NEW DELHI: The Centre has ruled out diluting the list of public sector enterprises lined up for strategic sale amid repeated demands from…
On premium basis, the persistency was 75.3% and 61.1%, respectively and 75.6% and 63.9%, for the comparable period last year. MUMBAI: Economic and geopolitical uncertainty is beginning to weigh on household savings and insurance demand, with LIC reporting pressure on long-term policy persistency and caution in premium growth even as its first-quarter profit and value…
The tax-filing portal will show whether the refund is under processing, issued, or adjusted against an outstanding tax demand. ITR filing FY 2025-26: Filed your income tax return within the July 31, 2026 deadline? Are you eligible for an income tax refund? If you are wondering when your tax refund will be credited in your…
FPIs had withdrawn Rs 49,340 crore in June, Rs 32,963 crore in May, Rs 60,847 crore in April and a massive Rs 1.2 lakh crore in March. Prior to this selling streak, they had invested Rs 22,615 crore in Feb, according to CDSL data. NEW DELHI: Foreign portfolio investors (FPIs) sustained their buying momentum in…
The healthcare sector recorded another 18,855 instances in the first six months, equivalent to nearly 55% of the 34,480 detected and mitigated during all of 2025. NEW DELHI: Cyber threat activity targeting India’s finance and healthcare sectors remained elevated in the first half of 2026, with detections already crossing 60% of the levels recorded during…
Rupee trades in red on Monday Rupee began the week on a negative note, weakening 8 paise to 95.25 against the US dollar in early trade as a firmer greenback and higher global crude oil prices put pressure on the currency.The fall was limited by foreign institutional investor (FII) inflows and the country’s stronger foreign…
Stock market recommendations: AIA Engineering, and Cochin Shipyard are the top stocks to buy identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for August 10, 2026 week. The expert has also shared a technical view on Nifty50 and Bank Nifty for the coming days: Stock recommendations: AIA EngineeringAIAENG has given a…
