Ireda bonds get tax exemption: Centre grants Section 54EC status to support green energy; move to ease capital gains burden on investors

The government has granted tax benefits to bonds issued by the Indian Renewable Energy Development Agency. Investors can now claim capital gains tax exemptions by investing in these bonds. This move aims to boost low-cost fundraising for renewable energy projects. The proceeds will fund projects capable of servicing debt independently.

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Virender Sehwag’s Rs 130 crore Krishna Niwas mansion in Delhi’s Hauz Khas has 12 lavish rooms, dog lawn, a cricket-themed trophy room and more

Virender Sehwag, celebrated for his fearless cricket and transformative approach to the game, has built a diverse empire beyond the pitch. From his luxurious Krishna Niwas mansion in Delhi, valued at Rs 130 crore, to his Haryana farmhouse retreat, Sehwag balances business ventures, charitable work, and digital content creation, reflecting his bold and authentic style.

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Top engineer quits Elon Musk’s AI firm: Joins OpenAI; says ‘Jensen Huang was right…’

Uday Ruddarraju, xAI’s head of infrastructure engineering, has resigned after a year, having been instrumental in building the Colossus supercomputer and training Grok 3. He expressed gratitude to Elon Musk and the xAI team for the experience. Shortly after his departure, Ruddarraju announced he is joining OpenAI, with OpenAI President Greg Brockman welcoming him and…

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Top engineer quits Musk’s AI firm: Joins OpenAI; says ‘Jensen Huang was right, Elon & his teams…’

Uday Ruddarraju, xAI’s head of infrastructure engineering, has resigned after a year, having been instrumental in building the Colossus supercomputer and training Grok 3. He expressed gratitude to Elon Musk and the xAI team for the experience. Shortly after his departure, Ruddarraju announced he is joining OpenAI, with OpenAI President Greg Brockman welcoming him and…

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