Indian-Origin CEOs Outperform US-Born Counterparts

Billionaire Michael Milken's Strategy Yields 50x Returns

Indian-origin CEOs US companies stock returns

Quick Look

Indian-origin CEOs replacing US-born CEOs in US companies may lead to higher stock returns, according to billionaire Michael Milken's strategy, which yielded 50x returns in 15 years.

AI-generated summary

Font size

Indian-origin CEOs replacing US-born CEOs in US companies may lead to higher stock returns, according to billionaire Michael Milken's strategy, which yielded 50x returns in 15 years.

Read the full article on TOI World

Section 80CCD(2) provides a significant tax deduction for employer contributions to the National Pension System (NPS), a benefit that remains available under India's new tax regime. This makes Corporate NPS particularly attractive for salaried individuals, especially those in the private sector, allowing them to reduce taxable income and build retirement savings.

Economic Times

5 min read

Business·1 hour ago

Legality of Extra Credit Card Charges for Indian Consumers

Merchants in India often charge extra for credit card payments, but experts state this is generally prohibited by card network rules and RBI regulations. The Merchant Discount Rate (MDR) is a fee paid by merchants, not customers, and funds card benefits. Many merchants prefer UPI due to lower costs.

Economic Times

5 min read

Business·1 hour ago

Taxpayers Must Promptly Respond to Income Tax Department's Section 143(1) Intimations

Taxpayers receiving Section 143(1) intimations from the Income Tax Department with tax demands must respond within 30 days. Failure to do so can lead to 1% monthly interest penalties, classification as an 'assessee in default,' and initiation of recovery proceedings, even if the demand is disputed.

Economic Times

5 min read

Developing·4 hours ago

Ford and Aramark Review Self-Service Kiosks After Employee Theft Allegations

Ford Motors and Aramark are reviewing self-service kiosks at US factories after employees were fired over alleged snack theft. Workers claim payment failures and software glitches caused wrongful accusations, leading to some reinstatements and widespread reluctance to use the kiosks.

Times of India

3 min read

Developing·4 hours ago

Johnson & Johnson's Ottava Robotic Surgical System Receives FDA Approval

Johnson & Johnson (J&J) has secured marketing authorization from the US FDA for its Ottava robotic surgical system, allowing it to enter the soft-tissue robotic surgery market. The system, approved for several general surgery procedures, will initially launch with select US customers, challenging Intuitive Surgical's dominance.

Times of India

2 min read

Indian-Origin CEOs Outperform US-Born Counterparts

Quick Look

Related Topics

Related Stories

Central Government Implements Employees' Pension Scheme 2026

Section 80CCD(2): Employer NPS contributions offer tax deduction under new regime

Legality of Extra Credit Card Charges for Indian Consumers

Taxpayers Must Promptly Respond to Income Tax Department's Section 143(1) Intimations

Ford and Aramark Review Self-Service Kiosks After Employee Theft Allegations

Johnson & Johnson's Ottava Robotic Surgical System Receives FDA Approval