#Binance chief #ChangpengZhao has stepped down and pleaded guilty to breaking US anti-money laundering laws as part of a $4.3 billion settlement, one of the largest corporate penalties in US history.

Read here: https://www.read.ht/RKfy

#MintCharts | On 19 November, the world celebrated the 10th Women's #Entrepreneurship Day, an annual effort to bring to the fore the issues faced by women business leaders. The landscape for #women in the world of business is witnessing an improvement, with startups faring better than traditional corporates in representation of women at the top levels.

Check out today’s Plain Facts infographic that looks into how welcoming is the business world for women.

#PersonalFinance | Should it be mutual funds or the national pension scheme (#NPS)?

Most investors, particularly salaried individuals, are divided on their opinions. But, financial planners recommend the pension scheme because of the sheer tax advantage it enjoys over mutual funds. Now, with the flexibility to opt for periodic withdrawal of a lump sum at retirement, it bolsters their case even more.

Read here: https://www.read.ht/RKhh

#PersonalFinance | Bank fixed deposits (#FDs) continue to be popular investment products not just among senior citizens, who are looking for guaranteed income, but also among investors who can't stomach risk.

Here is a list of banks that offer the highest FD rates for deposits up to Rs 1 crore over various tenures.

#BreakingNews | #OpenAI's former CEO, #SamAltman is set to make a comeback, successfully thwarting a recent boardroom coup that had plunged the company into disarray over the past few days.

Altman is set to resume his position as the Chief Executive Officer, and the recently appointed board will be led by Bret Taylor. Other members include Larry Summers and Adam D'Angelo, as detailed in the company's statement on X.

Read here: https://www.read.ht/RKkF

#PersonalFinance | As a non-resident, the buyer is obligated to deduct tax at 20% on the computed long-term capital gains if you provide documentary evidence of the cost.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/does-a-non-resident-have-to-pay-tax-on-sale-of-property-in-india-11700592010495.html#:~:text=As%20a%20non%2Dresident%2C%20the,documentary%20evidence%20of%20the%20cost.

#TataTechnologiesIPO | The three-day #IPO bidding process will end on November 24. #TataTechnologies IPO is be the first IPO from the Tata Group in nearly two decades.

Check out 10 key risk factors from RHP before investing:

https://www.livemint.com/market/ipo/tata-technologies-ipo-check-out-10-key-risk-factors-from-rhp-before-investing-11700330133899.html

Edelweiss Mutual Fund MD & CEO Radhika Gupta has once again reiterated her concerns regarding investments in cryptocurrency noting the risks associated with investing in a sector that isn't well-regulated while hoping that the examples of Binance and FTX will be a strong reminder for people.

https://www.livemint.com/market/cryptocurrency/what-is-not-well-regulated-is-not-investment-worthy-edelweisss-radhika-gupta-on-perils-of-investing-in-crypto-11700626445845.html

#MamaearthQ2Results | #HonasaConsumers net profit doubles to ₹30 crore in first results post listing, revenue up 21%

Read here: https://www.read.ht/RKpe

#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene & our own qualitative research.

We have restricted the choice universe to 10 categories out of the total 37 & given you at least two options to pick from each.

Software giant #Adobe has acquired Bengaluru-based AI startup ‘Rephrase.ai’, an #artificialintelligence-driven video creation platform.

The information was shared by Rephrase.ai's cofounder Shivam Mangla on his official X handle.

Read here: https://www.read.ht/RKzB

#PersonalFinance | Whether one opts to invest in the top 50–100 firms or chooses to diversify and stand apart from the crowd, what shapes one’s portfolio is their investment approach.

https://www.livemint.com/money/personal-finance/investing-right-the-difference-your-approach-can-make-to-your-portfolio-11700673020417.html#:~:text=The%20approach%20has%20a%20number,changing%20market%20conditions%20and%20opportunities.

#PrakashRaj has been summoned by the ED for questioning in connection with a money laundering case linked to an alleged ₹100 crore ponzi and fraud case against Tiruchirapalli-based Pranav Jewellers.

Read here: https://www.read.ht/RLLZ

#MintCharts | #ITC topped the healthiness rankings by Access to Nutrition Initiative (ATNI), among Indian food and beverage companies. This is followed by Hindustan Unilever, Nestle India, PepsiCo India and Coca-Cola India.

However, ATNI, a global non-profit that measures private sector accountability for nutrition, noted that the average healthiness scores of these companies has remained unchanged from its 2020 findings.

#PersonalFinance | The worsening air quality has implications— dire consequences for people facing respiratory issues, say experts. Not only do they have to bear medical expenses but also make drastic changes in the way they live, work or stay - writes Aprajita Sharma

Read here: https://www.read.ht/RL3t

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

‘Technology will not replace humans!’ said billionaire philanthropist #BillGates who believes that it could allow a three-day work week.

He shared his thoughts while talking to South African comedian and writer #TrevorNoah on his podcast 'What Now'

Read here: https://www.read.ht/RL8X

#WarrenBuffett’s #BerkshireHathaway or BH International has exited listed fintech company #One97Communications (#Paytm’s parent) in an open market transaction, bulk deals’ data published by bourses shows.

The firm has booked a loss of ₹507 crore on its total investment in Paytm made five years ago.

Read more: https://www.read.ht/RM3u

#BestoftheWeek, 25 November | Board vs founders, election spending, and duty-free alcohol, here's a look at Mint's best works from the week gone by

(Shashwat Mohanty writes)

https://www.livemint.com/weekend/mints-best-of-the-week-why-do-we-write-11700797439201.html

No extension required in #Adani probe, #Sebi tells SC | #Rupee falls 6 paise, hits record low of 83.40 | #RBI seizes Abhyudaya Bank


Read today's Mint e-paper here: https://epaper.livemint.com

Conduct thorough research to understand the true value of the company against its market price, says Jitesh Agarwal, Founder, Treelife.

In an interview with MintGenie, Agarwal said that investors must regularly review their mutual fund holdings.

https://www.livemint.com/money/personal-finance/overvaluation-in-ipos-is-surely-a-concern-says-jitesh-agarwal-of-treelife-11700816999206.html