One of the most common errors we make is visualising our income as arriving from a distant source like our organisation. We put a ‘psychological distance’, a gap between our income and ourselves. Sarah Newcomb, in her book Loaded highlights this phenomenon, which might resonate with those who perceive their income originating externally. “Our money … Read more
Infosys co-founder and chairman emeritus NR Narayana Murthy has gifted Infosys shares worth ₹240 crore to his four-month-old grandson, Ekagrah, who now holds a 0.04% stake in the company. This gesture follows the tradition of grandparents gifting shares, gold, cash, and other assets, but this raises questions about the tax implications for both the giver … Read more
Bengaluru/Mumbai: The Securities and Exchange Board of India (Sebi) has issued regulations to amend the REIT Regulations 2014, establishing guidelines for creation of Small and Medium Real Estate Investment Trusts, or SM REITs. This move aims to regulate the fractional ownership industry and safeguard investor interests, incorporating both commercial and residential properties within the new … Read more
An Nvidia employee posted this note on Team Blind, a platform that lets verified employees discuss issues anonymously. To be sure, Nvidia—a chip manufacturer that has been in the news recently after its market capitalization surged to over $2 trillion, thereby becoming the third most valuable US-listed firm behind Microsoft and Apple—does not fly its … Read more