#ChandaKochhar and her husband Deepak have been named in the #CBI's 11,000 page chargesheet filed earlier this year. The case pertains to cheating and irregularities in sanctioning of loans to #VideoconGroup firms.

Read here: https://www.livemint.com/news/india/chanda-kochhar-husband-bought-rs-5-3-crore-flat-for-merely-rs-11-lakh-cbi-tells-court-11687857733986.html

#India is likely to grow at 6.7 per cent for the next three years, retaining its tag as the fastest-growing major economy, said S&P Global Ratings.

Read here: https://www.livemint.com/news/india/india-will-be-among-fastest-growing-economy-in-asia-pacific-says-s-p-global-ratings-11687864952457.html

Deepak Parekh dubbed the #HDFC-#HDFCBank merger as the biggest transaction in #India's corporate history and the proposed entity will have combined assets of ₹18 lakh crore

Read here: https://www.livemint.com/companies/people/hdfc-chairman-deepak-parekh-to-step-down-post-merger-with-hdfc-bank-11687867461546.html

Byju's Founder and chief executive #ByjuRaveendran seeks to reconstitute the company's board only after the completion of the fundraising as new investors may possibly occupy some of the vacancies.



Read here: https://www.livemint.com/companies/news/byjus-likely-in-advance-talks-to-raise-1-billion-funding-to-prevent-investors-revolt-report-11687872889167.html

Prosus had downsized the value of its 9.6 per cent stake in Byju's to around $493 million in the financial year ended March 31.

Read here: https://www.livemint.com/news/prosus-slashes-byjus-valuation-to-5-billion-dollars-11687878465990.html

Foreign stocks have to be declared in the ITR every year as long as they are held in your name and not just report the capital gains or losses when you sell them.

https://www.livemint.com/money/personal-finance/how-to-report-foreign-stocks-in-your-income-tax-returns-11687886370675.html

With erratic rains in India in the last two-three months, FY24 has begun on a dull note. This would mean AC companies will likely face heat in the June quarter (Q1FY24).

https://www.livemint.com/market/mark-to-market/ac-cos-may-face-the-heat-in-june-qtr-11687889161517.html

A fresh European Union (EU) push to punish suppliers lax on the environment and human rights has sparked unease in New Delhi, given its potential to raise compliance costs and disrupt small businesses.

https://www.livemint.com/economy/eus-planned-due-diligence-law-sparks-unease-in-india-11687895216030.html

Islamabad hopes a bailout decision from #IMF in a day or two, #Pakistan PM Shehbaz Sharif said, after a telephonic conversation with IMF Managing Director MD Kristalina Georgieva about the bailout funds.

https://www.livemint.com/news/world/pakistan-hopes-for-imf-bailout-decision-in-a-day-or-two-pm-shehbaz-sharif-11687897165234.html

#ShapoorjiPallonji Group has raised ₹14,300 crore from a clutch of private credit investors and high-net-worth individuals, pledging its shares in Tata Sons Ltd as collateral, primarily to refinance its debt.

https://www.livemint.com/companies/news/sp-raises-14-300-cr-via-high-yield-debt-11687888307623.html

#PersonalFinance | Foreign stocks have to be declared in the #ITR every year as long as they are held in your name and not just report the capital gains or losses when you sell them.

Read here: https://www.livemint.com/money/personal-finance/how-to-report-foreign-stocks-in-your-income-tax-returns-11687886370675.html

#PersonalFinance | A house in probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult - the main obstacle being cost. 🏡

Here are the prices of some properties in bands.

#PersonalFinance | Over years, the changes may be significant; policyholders are not aware of these changes and learn about them when they file a claim.

https://www.livemint.com/money/personal-finance/revolutionizing-the-insurance-industry-from-private-sector-to-policyholder-rights-and-increased-competition-11687886429284.html

A majority of workers feel they’re fairly paid, but at the top of the list are independent workers across all industries, according to a recent survey of 2,500 American workers.

https://www.livemint.com/special-reports/being-happy-with-your-paycheck-isn-t-just-about-how-big-it-is-11687852761340.html

Search giant #Google is cutting jobs at its mapping service app Waze amid a growing trend in #SiliconValley around scaling down the operations and a drive for efficiency.

https://www.livemint.com/companies/news/google-layoffs-search-giant-to-cut-job-at-mapping-service-waze-11687919123654.html

The Indian #rupee opened little changed against the US dollar amid a moderation in the domestic current account deficit (CAD) and an uptick in US yields.

https://www.livemint.com/market/stock-market-news/rupee-opens-3-paise-higher-at-82-against-the-us-dollar-11687923363544.html

Even as India is being hailed as the next global growth story, a crucial building block for that success — its startup ecosystem — is getting pummeled.

https://www.livemint.com/companies/news/turmoil-at-byju-s-highlights-hurdles-for-india-startup-scene-11687933873612.html

Makers of fast moving consumer goods will need to resort to more price cuts to ward off competition and ensure volumes rebound, analysts at BNP Paribas have said in a report.

https://www.livemint.com/industry/manufacturing/makers-of-consumer-goods-in-new-delhi-urged-to-cut-prices-to-boost-volumes-analysts-say-11687937449061.html

#Opinion | If anyone had stayed invested in stocks that constituted the #Sensex over the past 44 years and a little more, they would have ended up earning a return of more than 15% annually.

Read here: https://www.livemint.com/opinion/columns/longterm-returns-of-sensex-a-reality-check-for-indian-retail-investors-amidst-high-valuations-and-trading-habits-11687881123183.html

#AI systems can now perform staggeringly impressive tasks, and their ability to reproduce what seems like the most human function of all, namely language, has ever more observers writing about them.

https://www.livemint.com/ai/artificial-intelligence/talking-about-ai-in-human-terms-is-natural-but-wrong-11687946481959.html

The stock hit a 52-week high of ₹2,634.25 on the #BSE earlier in the session today, with a market value of ₹1.01 trillion.

Read here: https://www.livemint.com/market/stock-market-news/indigo-becomes-indias-leading-airline-to-touch-rs-1-trillion-in-market-value-11687947783694.html