MediaCatalyst

1279 Posts
02 Sep

Madras High Court refers ₹15 crore dispute between actor Ravi Mohan and production house to arbitral tribunal

MediaCatalystWorld
Madras High Court refers ₹15 crore dispute between actor Ravi Mohan and production house to arbitral tribunal The Madras High Court referred to an arbitral tribunal, the dispute between a film production house and actor Ravi Mohan over repayment of ₹6 crore received as advance in September 2024 for acting in two movies . The reference was made with the consent of senior counsel P.S. Raman, assisted by Vijayan Subramanian . Read full story: Source
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02 Sep

While rationalising the GST, the Centre must protect States’ revenue receipts, says Tamil Nadu Finance Minister Thangam Thennarasu

MediaCatalystPolitics
While rationalising the GST, the Centre must protect States’ revenue receipts, says Tamil Nadu Finance Minister Thangam Thennarasu Finance Minister Thangam Thennarasu spoke at a press conference at the Secretariat, elaborating on the status of the DMK’s 2021 election promises . Tamil Nadu has taken up several infrastructure as well as social welfare programmes . Read full story: Source
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02 Sep

SAP to invest over 20 billion euros in ‘sovereign cloud’ in boost to Europe’s AI ambitions

MediaCatalystTech
SAP to invest over 20 billion euros in 'sovereign cloud' in boost to Europe's AI ambitions SAP announced it will invest over 20 billion euros ($23.3 billion) into its sovereign cloud capabilities in Europe over the next 10 years . The aim of the initiative is to ensure customer data is stored within the European Union to maintain compliance with regional data protection regulations such as the General Data Protection Regulation . Read full story: Source
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02 Sep

There’s a ‘golden opportunity’ to pay 0% capital gains under Trump’s ‘big beautiful bill,’ experts say

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There's a ‘golden opportunity’ to pay 0% capital gains under Trump’s ‘big beautiful bill,’ experts say For 2025, you qualify for the 0% long-term capital gains rate if your taxable income is $48,350 or less for single filers . You calculate taxable income by subtracting the greater of the standard or itemized deductions from your adjusted gross income . If you sell investments, those gains count toward taxable income for the bracket . Read full story: Source
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02 Sep

EVs are giving Cadillac a shot at luxury leadership

MediaCatalystWorld
EVs are giving Cadillac a shot at luxury leadership About 25% of Cadillac's sales through the second quarter were electric vehicles . That's far outpacing the overall industry EV share of about 6% to 8% and even the luxury segment share of roughly 14% . The Escalade full-size SUV is still the biggest seller for the brand . Read full story: Source
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02 Sep

Russia clinches major new gas pipeline deal with China as West shuns supplies

MediaCatalystTech
Russia clinches major new gas pipeline deal with China as West shuns supplies Russia and China sign a legally binding deal to build the long-delayed Power of Siberia 2 gas pipeline . Pipeline is set to transit gas reserves in Russia's West Siberia to northern China via eastern Mongolia . Russia's gas exports to Europe have collapsed since Moscow's full-scale invasion of Ukraine in early 2022 . Russia has been trying to pivot to Beijing to replace Europe as its major gas customer . Read full story: Source
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02 Sep

Klarna aims to raise up to $1.27 billion in U.S. IPO

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Klarna aims to raise up to $1.27 billion in U.S. IPO Swedish fintech firm Klarna is looking to raise up to $1.27 billion in its long-awaited U.S. initial public offering . Klarna plans to offer 34,311,274 ordinary shares priced between $35 and $37 each . The offering will value the company at $14 billion, according to CNBC calculations . Read full story: Source
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