asset ownership

Traditionally, property ownership in India was a symbol of security and status, but it often involved high costs and illiquidity. The introduction of Real Estate Investment Trusts (REITs) now allows individuals to invest in income-generating properties without direct ownership.

VinFast is restructuring its Vietnam manufacturing business in a $530 million deal, creating a new entity, VFTP, to handle production and associated liabilities. This move aims to improve capital efficiency and accelerate the EV maker's path to profitability, with VFTP potentially exploring contract manufacturing. The core VinFast business will focus on R&D, sales, and customer service, adopting an asset-light model.

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

Facing the loss of a cherished family member is a profound challenge, and the added realization that their fixed deposit lacks a will or nominee can feel daunting. But don't despair—the money is still retrievable. This informative guide is tailored for legal heirs, detailing the steps to reclaim these funds, including securing heirship evidence and providing an indemnity bond.

1.10L Enumerators To Conduct Door-to-door Survey Across 34 Districts

In a significant crackdown, Bihar's Economic Offences Unit conducted raids at five sites associated with Amrendra Kumar, the sub-registrar from Supaul. The operation revealed a staggering Rs 10 crore in assets, far beyond what his official salary could justify.

French luxury giant LVMH is selling its stake in Marc Jacobs for Rs 7,090 crore to a joint venture of WHP Global and G-III Apparel Group. While LVMH shifts focus to heritage brands, Marc Jacobs remains Creative Director. This marks a significant shift in the luxury market's strategy, with brand managers taking a larger role.

A nuanced understanding of the various ITR forms for FY 2025–26 is essential for globally mobile professionals, domestic salaried taxpayers, and individual investors

Michael Jackson's estate has been embroiled in disputes since his 2009 passing. While executors John Branca and John McClain managed assets, including selling parts of his music catalog and Neverland Ranch, beneficiaries like Paris Jackson raised concerns about financial mismanagement and alleged 'skimming.' A recent legal victory for Paris saw executors ordered to return substantial bonus payments to the estate.

Donald Trump faced criticism after paying tribute to late media and wrestling mogul Ted Turner while simultaneously attacking CNN as “woke.” Critics argued the statement shifted focus from Turner’s groundbreaking legacy in broadcasting and professional wrestling to political grievances, overshadowing his transformative impact on CNN, WCW, and the Monday Night Wars.