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US court orders Vembu to furnish $1.7-bn bond in divorce case
Financial Express Pune
|January 09, 2026
A CALIFORNIA COURT, hearing the divorce petition of Zoho co-founder and chief scientist Sridhar Vembu, has directed him to submit a bond of $1.7 billion, citing concerns over post-petition asset transfers and their potential impact on the division of marital property.
The development was first reported by The News Minute.According to the report, the court, referring to its pretrial findings, said Vembu had not been transparent about certain financial transactions and had acted "with
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Financial Express Pune
SpaceX IPO: Firm targets Nasdaq listing by June 12
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Melancholy of motherhood
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Comfort over correction
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CBI arrests one; two in remand
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May 17, 2026
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Delhi govt slashes VAT on ATF from 25% to 7%
The Delhi government on Saturday reduced the value-added tax on aviation turbine fuel from 25% to 7%.
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May 17, 2026
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US allows Russia oil sales waiver to expire
THE TRUMP ADMINISTRATION allowed a waiver that encouraged more Russian crude sales to lapse, even as the Iran war stokes concerns about global oil supplies and higher fuel costs.
1 min
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Financial Express Pune
Tata Electronics, ASML join hands to make chips in India
ELECTRONICS MANUFACTURING COMPANY Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday.
1 min
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Financial Express Pune
When scale becomes strategy
For India Inc, China’s 90% Model reads less like analysis and more like a strategic warning
4 mins
May 17, 2026
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Govt lost sight of the ball
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3 mins
May 17, 2026
Financial Express Pune
Should you take the shingles vax?
It is advisable for everyone over 50
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