Tuesday, October 27
For their contribution to sports, star Indian atheletes including World Champion Gukesh and double Olympic medallist Manu Bhaker will be honoured with Khel Ratna Award 2024. Men's hockey captain Harmanpreet Singh and Paralympic gold-winner Praveen Kumar also finalised for Khel Ratna, said Sports Ministry's statement.Major Dhyan Chand Khel Ratna Award’ is given for the spectacular and most outstanding performance in the field of sports by a sportsperson over the period of the previous four years.Major Dhyan Chand Khel Ratna Award 2024S. No.Name of the SportspersonDiscipline1.Gukesh DChess2.Harmanpreet SinghHockey3.Praveen KumarPara-Athletics4.Manu BhakarShootingAdditionally, the ministry announced names of players who will be honoured with the prestigious Arjuna Awards for outstanding per
Family trusts, often used to ring-fence wealth and enable smoother succession planning by ageing patriarchs of Indian households, will not have the freedom to add cousins, nephews, niece, or other `non-relatives’ as ‘beneficiaries’ in future.If a trust deed gives trustees the liberty to include such persons even years later, the trust could be taxed today on all properties, securities and funds that have been transferred to it, according to a judicial pronouncement this week.A discretionary trust is formed by the settlor (often the head of the family who transfers the assets). Immediate family members are named as beneficiaries, and independent professionals or a trusteeship company serve as trustees responsible for distributing a trust's earnings from like interest, rent, and capita
Mahindra Group is looking forward to the new year with hope and confidence, driven by its aspiration to achieve growth at scale, according to its CEO & Managing Director Anish Shah . In his new year message to employees of the group, Shah said over the past year the group has accelerated its growth trajectory and its businesses are on an ambitious growth path and are firing on all cylinders. "We look ahead with hope and confidence, driven by our aspiration to achieve growth at scale. We will continue to lead with purpose, to set audacious goals and work with discipline and determination to achieve them," he said. Reflecting on 2024, Shah said, "It has been an incredible year in all dimensions, our performance far surpassed our audacious goals." Crediting the team Mahindra for turni
