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'Better to get the money back': MACC recoups RM900m in tax evasion case, opting for recovery over court action

KUALA LUMPUR, Jan. 11 -- Malaysia's anti-graft authorities have quietly clawed back RM900 million from a single company involved in tax evasion, opting for financial recovery over prosecution in what ... Read More


'Better to get the money back': MACC recovers RM900m in tax evasion case, opting for recovery over court action

KUALA LUMPUR, Jan. 11 -- Malaysia's anti-graft authorities have quietly clawed back RM900 million from a single company involved in tax evasion, opting for financial recovery over prosecution in what ... Read More


Saving straws and skipping plastic bags? Oxfam says world's richest 1pc already blew 2026 climate budget

LONDON, Jan. 11 -- The world's wealthiest 1 per cent have already exhausted their annual carbon budget - the amount of CO2 that can be emitted while keeping global warming within the 1.5degC limit - j... Read More


RBI advocates disclosure of NPA & inspection info; banks oppose

New Delhi, Jan. 11 -- Four major banks -- Bank of Baroda, RBL Bank, Yes Bank and State Bank of India -- have approached the CIC objecting to the disclosure of information such as the list of defaulter... Read More


Grok AI obscenity issue: X accepts mistake & removes 600 accounts

New Delhi, Jan. 11 -- Microblogging platform X admitted its mistake and removed about 3,500 pieces of content, as well as deleted over 600 accounts, after the IT Ministry raised concerns over obscene ... Read More


CII suggests expedited, demand-led approach for privatisation of public sector enterprises

NEW DELHI, Jan. 11 -- Industry lobby CII has suggested an accelerated four-pronged strategy to unlock value from the disinvestment of public sector enterprises, calling for a demand-driven approach in... Read More


Mukesh Ambani hails PM Modi for India's resilience

Ahmedabad, Jan. 11 -- Reliance Industries CMD Mukesh Ambani on Sunday hailed India's resilience amid global uncertainty and said challenges created by this geopolitical situation cannot touch or troub... Read More


India auto ancillary sector poised to benefit from demand upcycle, EV push: Report

New Delhi, Jan. 11 -- India's auto ancillary sector is entering a favourable phase, supported by a structural demand upcycle, policy tailwinds and rising vehicle content intensity, according to a rece... Read More


Greg Abel's salary as Berkshire CEO is way more than Warren Buffett! Here's how much cash he's getting paid in 2026

New Delhi, Jan. 11 -- Berkshire Hathaway is increasing the salary of its new CEO this year, the company has said in a recent filing. According to the filing on Tuesday, Greg Abel, who recently succeed... Read More


Explainer: Simplified I-T Act to come into force from Apr 1

New Delhi, Jan. 11 -- Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws in 2026-27 Budget will be incorporated in ... Read More