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Colonial legacy: Corporate control is a 200-year-old problem in India
Many of today's Indian conglomerates also began life this way. In 1958, more than a decade after the departure of British rulers, the Tata Group had nine agencies managing 60 companies
 "Colonial legacy: Corporate control is a 200-year-old problem in India")
New York to host FIFA World Cup 2026 in victory over Dallas, Los Angeles
The quarterfinals will be held in Boston, Los Angeles, Miami and Kansas City, Missouri
 "New York to host FIFA World Cup 2026 in victory over Dallas, Los Angeles")
Gen Z, millennials 'doom spending' to cope with economic uncertainty
For younger generations, financial goals like buying a house and saving for retirement can feel out of reach - so they are splurging on $2,500 Chanel bags and more
 "Gen Z, millennials 'doom spending' to cope with economic uncertainty")
US, UK forces hit dozens of Houthi sites to counter ship attacks
US intends further strikes, Houthis promise 'escalation', more Red Sea assaults
 "US, UK forces hit dozens of Houthi sites to counter ship attacks")
Militant danger at Red Sea spurs global crude oil buyers to go local
The fragmentation will not be permanent, but for now it's making it tougher for import-dependent nations like India and South Korea to diversify their sources of oil supply
 "Militant danger at Red Sea spurs global crude oil buyers to go local")
Elon Musk took illegal drugs with some Tesla board members: Reports
The relationship between Musk and his directors was slammed by a Delaware judge this week, who cited the board's conflicts of interest in her ruling that Musk's $55 billion pay package was excessive.
 "Elon Musk took illegal drugs with some Tesla board members: Reports")
India will withdraw its troops from island nation by May 10: Maldives
India will replace its military personnel operating the three aviation platforms by the date, with the first phase of the withdrawal concluding by March 10
 "India will withdraw its troops from island nation by May 10: Maldives")
BMW eyes India's emerging electric car mkt with focus on affluent consumers
BMW, which introduced battery-powered vehicles in India last year, currently sells five electrified models, the most among all carmakers
 "BMW eyes India's emerging electric car mkt with focus on affluent consumers")
US President Biden delivers reprisal to Iran with room for de-escalation
The biggest question from Friday night's airstrikes was what the next step would be. On a call with reporters, a spokesman said there would be more in coming days
 "US President Biden delivers reprisal to Iran with room for de-escalation")
Zuckerberg's wealth surges by $28 bn as Meta rallies, surpasses Bill Gates'
It's a big comeback for Zuckerberg's wealth, which fell below $35 billion in late 2022 as tech stocks collapsed in the face of inflation and interest rate hikes, only to come soaring back in 2023
 "Zuckerberg's wealth surges by $28 bn as Meta rallies, surpasses Bill Gates'")
US retaliates for fatal drone attack, hits Iranian militias in Iraq, Syria
"Our response began today," Biden said in a statement. "It will continue at times and places of our choosing."
 "US retaliates for fatal drone attack, hits Iranian militias in Iraq, Syria")
Apple's China slump deepens even as total iPhone sales grow again
Sales in China dropped 13 per cent to $20.8 billion in the fiscal first quarter, which ended December 30, the company said on Thursday. That fell far short of the $23.5 billion predicted by analysts
 "Apple's China slump deepens even as total iPhone sales grow again")
RBI likely to consider canceling Paytm Payments Bank permit: Report
No final decision has been reached as yet and the RBI's thinking may change based on Paytm's representation, the people said
 "RBI likely to consider canceling Paytm Payments Bank permit: Report")
Foreigners turn cautious on India stocks as selling crosses $3 bn
Indian stocks have benefited from global funds' waning appetite for China
 "Foreigners turn cautious on India stocks as selling crosses $3 bn")
In 2 days, Paytm erases $2 bn in market value as RBI action spooks market
Paytm is now down about 77 per cent from its initial public offering in 2021
 "In 2 days, Paytm erases $2 bn in market value as RBI action spooks market")
A 5,800% renewables stock surge has some Indian investors worried
The biggest stock winners in India's renewable sector are now all facing the challenge from minuscule earnings, which has sent valuations through the roof
 "A 5,800% renewables stock surge has some Indian investors worried")
Harvard University faces new threat of state tax on $51 billion endowment
Harvard, the oldest and richest college in the US, has long been a target for its immense wealth
 "Harvard University faces new threat of state tax on $51 billion endowment")
India equity-focused investment trusts in Japan grow 11% in January
In contrast, flows into Chinese shares dropped the most among 14 emerging markets that are covered by Japan's data on international investment positions
Meta, Amazon job cuts in 2023, belt-tightening pay off for investors
The question now becomes whether leaner, more focused versions of Meta and Amazon can continue to strive for the bold and ambitious tech advancements that have made them household names
 "Meta, Amazon job cuts in 2023, belt-tightening pay off for investors")
Govt to spend less on farmer fertiliser subsidy as world prices soften
India's budget deficit is projected to be 5.8% of gross domestic product in 2023-24. The government aims to curb the deficit to 5.1% in the next financial year
 "Govt to spend less on farmer fertiliser subsidy as world prices soften")
