Topic
ownership
Domestic funds reach record 21% stake in Indian companies as FPI ownership drops to 17%
Domestic institutional investors have raised their ownership of Nifty 500 companies to an all-time high of 21%, while FPI ownership declined to 17% — down from 21.5% a decade ago. According to Motilal Oswal Financial Services, domestic funds infused nearly $166 billion over 22 months, offsetting $58 billion of FPI outflows. The report called the ownership shift structural, with DII holdings rising for nine consecutive quarters.
Technology Sony Erases Digital Content From Libraries: A Reminder That You Don’t Own What You Buy
Sony has informed UK PlayStation customers that 551 previously purchased movies and shows from StudioCanal will be removed from their libraries as of September 1, due to licensing agreements. This incident underscores the reality that digital purchases are merely long-term licenses, as Sony has a history of content removal, including 314 titles in Germany and Austria in 2022 and the deletion of Funimation libraries after merging with Crunchyroll.
Business Spacex IPO: Record $75B Haul Tests Musk's 'Extreme' Ownership Model
SpaceX raised $75 billion in its IPO, valuing it at $1.75 trillion, the largest public offering in history. Despite a generous 30% retail allocation, individual investors are unlikely to see significant gains due to oversubscription and IPO mechanics. Meanwhile, CEO Elon Musk retains 85.1% voting power, raising governance concerns even as the company's 'extreme ownership' culture drives its success.
Technology Trump and AI Leaders Discuss US Investment Stakes
President Trump is set to meet with AI leaders to discuss potential US government investments in major AI companies. This move aims to create a partnership with the American public, similar to the previous Intel investment. Meanwhile, Senator Bernie Sanders proposes a 50% public ownership stake in AI firms.
Logistics Tax Strategies: Own or Lease Your Truck?
Understanding the tax implications of owning versus leasing a truck can significantly impact logistics operations. Key tax provisions like Section 179 allow for substantial deductions, influencing the decision-making process for freight operators.