ROYALTY
Who is Jay Bakker, son of Jim Bakker? Months before PTL founder's death, son spoke about his relationship with father and the 1987 scandal changed his childhood
Jay Bakker, son of televangelists Jim Bakker and Tammy Faye Messner, has spoken openly about how his parents’ 1987 scandal shaped his childhood and strained his relationship with his father. He described turning to alcohol and rebellion while coping with public scrutiny, fear and family upheaval. In 2026, Jay recalled feeling unwelcome in his hometown after the scandal. Now based in Seattle, he leads Revolution Church while working odd jobs and raising his children.
Qualcomm and Arm head to trial again, potential for huge damages in focus
Qualcomm also alleges that Arm leaked to the media its 2024 threat to terminate a vital license agreement in a way that damaged discussions for a chip deal between Qualcomm and Meta Platforms.
"You have to play more matches": Khalid Jamil's takeaway after India's 0-4 defeat to Brazil
In a thrilling encounter in Kolkata, Brazil dominated India with a decisive 4-0 win. Despite the score, Indian players displayed remarkable resilience and grit on the pitch. After the match, Brazilian coach Carlo Ancelotti commended Indian coach Khalid Jamil for his efforts, while Jamil acknowledged the crucial need for experience and focus in upcoming games. This match added an unforgettable moment to Kolkata's legacy in football.
Couple invited for free holiday, movie tickets & salon voucher, persuaded to buy Rs 65,000 membership instead; court orders Rs 1.06 lakh, plus 9% annual interest on refund
A Delhi couple who alleged they were lured into buying a holiday membership after being promised free hotel stays and other benefits has secured relief from a consumer commission. The commission directed Royalty Holidays International to refund Rs 65,000 with 9% annual interest, besides paying Rs 30,000 compensation for mental harassment and Rs 11,000 towards litigation costs.
UP couple relocates to Panna after seeing social media posts about diamond finds, strikes jackpot with four gems worth Rs 12 lakh; couple to receive proceeds after state royalties and taxes are deducted
After relocating to Panna, Guddi Devi and Rajkumar Shrivas decided to lease a mining pit. They discovered four diamonds during their six-month digging effort, including two high-quality stones. The diamonds, weighing a total of 5.16 carats, are valued at approximately ₹12 lakh. These diamonds will be sold through a government auction, with royalties and taxes deducted from the proceeds.
ED says ex-Bengal minister Indranil Sen awarded Rs 85 cr tenders to associates, Rs 30 lakh to Mamata
Indranil Sen, a former minister, is under investigation for awarding tenders to close associates for personal gain. The Enforcement Directorate claims around Rs 30 lakh was transferred to Mamata Banerjee, which Sen described as a royalty payment. It is further alleged that Sen's company collected large sums from the public for preview shows of Durga Puja. The investigation revealed over one lakh tickets sold, with funds misappropriated.
- Go To Page 1
In 1957, two Minnesota brothers built a tiny loader to clean a turkey barn; their unusual 3-wheel machine led to Bobcat, which later sold more than 1 million loaders
In the 1950s, Cyril and Louis Keller engineered a groundbreaking compact loader tailored for turkey farmer Eddie Velo. Using simple materials to meet the unique demands of limited spaces, their inventive creation gained prominence at the 1958 Minnesota State Fair, drawing interest from Melroe Manufacturing Company. This marked the birth of the Bobcat skid-steer loader, a game-changer for farming and construction techniques.
Vadilal Industries strikes fresh deal with Vadilal Enterprises amid family dispute
Vadilal Industries Ltd has signed a revised supply agreement with Vadilal Enterprises for a 12-month period. This agreement is set to be effective from November 1, 2026, to October 31, 2027. The previous 10-year agreement was due to end on September 30, 2026, and could not be renewed. A family dispute within the promoter Gandhi family has complicated operational issues and leadership restructuring.
Sun Pharma signs major deal with LIB Therapeutics of US, gains access to $3.7-bn global market for bad cholesterol inhibitor PCSK9
Sun Pharma has signed an exclusive agreement with LIB Therapeutics for Lerodalcibep, a cholesterol-lowering medication. This deal covers all markets globally except for the United States and China. Lerodalcibep, a once-monthly PCSK9 inhibitor, will be marketed under the name Lyrokaul in Europe.
Qualcomm, Apple extend licensing agreement for chips
The partnership between the two companies has been shaped by a 2019 settlement that ended a two-year global legal battle over wireless-patent royalties and modem-chip supply. They announced the truce in April 2019 as a U.S. jury trial between them was beginning in San Diego.
BlackBerry lifts annual revenue forecast on strength in automotive software business
Revenue at BlackBerry's QNX division, which develops software for safety-critical systems in vehicles, robotics, medical devices and industrial applications, rose 27% to $80.3 million in the second quarter ended August 31.
SoftBank's growing bets on AI and semiconductor assets
Founder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the semiconductor supply chain, data centres, large language model development and robotics.
'Passport to the future' or 'the new Dubai': Hunt for oil in Brazil's Amazon fuels hopes and fears
Indigenous chief Wagner Karipuna gazes worriedly at the tranquil river flowing past his village in the Brazilian Amazon as he imagines the nightmare scenario of an oil spill being carried here by the tides. He fears an "immense disaster" if an oil leak off the coast is carried into the Curipi River, which runs alongside his village of 1,800 inhabitants.
States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: Crisil
Revenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore, according to Crisil Ratings. This financial expansion is driven primarily by a 12–13% rise in GST collections—supported by robust consumption and import gains—alongside an 11–12% increase in tax devolution from the Centre. Stable growth in liquor, petroleum, and stamp duty taxes will further reinforce state balance sheets.
AI startup Demoverse raises $600K to let consumers co-create products with brands
Demoverse secured six hundred thousand dollars in pre-seed funding led by Lumikai. This platform uses artificial intelligence to let consumers shape product concepts before production. Brands can now predict demand and reduce excess inventory, especially in fashion. Consumers whose ideas are used will earn royalties when products are commercialised.
In 2009, Bogotá captured landfill methane from 2 million tonnes of waste; the result sent electricity to Colombia’s national grid, cutting emissions at Doña Juana landfill
For years, Bogotá’s Doña Juana landfill simply accumulated city waste while quietly leaking methane into the atmosphere. That changed in 2009 when the site launched a major gas-capture operation. Engineers drilled network pipelines across the facility to collect biogas generated by two million tonnes of rotting trash each year. Instead of flaring the fuel, workers route it into heavy engines that supply clean, continuous electricity directly to Colombia’s national grid. The effort turns a massive urban burden into reliable local energy, cutting roughly 800,000 tonnes of greenhouse emissions every single year.
In 1905, Beatrix Potter used Peter Rabbit royalties to buy threatened farmland in UK; the result protected 4,000 acres and 14 farms, preserving the Lake District’s working countryside
When Beatrix Potter bought Hill Top Farm in 1905, she was doing much more than investing her book royalties. She was starting a quiet, decades-long campaign to protect the English landscape from encroaching commercial development. Over the next thirty-eight years, the author used her publishing wealth to buy up vulnerable farmland across the Lake District. She steadily outmaneuvered developers who wanted to build over the region's rolling hills and valleys. By her death in 1943, she had secured over 4,000 acres of land and fourteen active farms, shielding the countryside for generations to come.
From INSAS to AK-203: How India's 'Sher' assault rifle came to be
The journey from INSAS to the indigenous AK-203 'Sher' involved years of negotiations, technical challenges and efforts to secure technology transfer from Russia. The article traces how India selected the AK-203, established a joint venture at Korwa in Uttar Pradesh and overcame hurdles to begin delivering the fully indigenous assault rifle to the Army.
Franklin D. Roosevelt’s father bought this 110-acre New York property for $40,000 in 1867; the estate kept expanding until it covered nearly 1,600 acres when the president died in 1945
Franklin D. Roosevelt estate: Franklin D. Roosevelt’s family estate in Hyde Park, New York, began with his father’s purchase of the property. Known as Springwood, the estate expanded significantly over the years to nearly 1,600 acres. Roosevelt’s childhood experiences there influenced his life and presidency. The estate later served as a political retreat and a venue for important meetings. Roosevelt also planned for its preservation, and it is now part of the Home of Franklin D. Roosevelt National Historic Site.
Dr Reddy's inks pact with Gilead for once-yearly HIV prevention drug lenacapavir
Dr Reddy's Laboratories and Gilead Sciences have signed a licensing agreement. This pact involves investigational once-yearly lenacapavir for HIV prevention. The agreement facilitates manufacturing and supply planning for 120 countries. This collaboration builds upon a previous pact for twice-yearly lenacapavir.
Who was M.S. Subbulakshmi? Rashmika Mandanna to play legendary Indian Carnatic singer-actress on screen, Kamal Haasan gives first clap
Rashmika Mandanna takes on the iconic role of M.S. Subbulakshmi in the biopic titled M.S. A Legacy On Screen. The project was launched by superstar Kamal Haasan, who set the rhythm with the first clap. Exploring the rich legacy of M.S. Subbulakshmi, the film explores her journey as a renowned Carnatic musician and actress, including her major impact on global stages.
In 1982, Paul Newman started selling salad dressing; more than four decades later, the brand had given over $600 million of its profits to charity
Paul Newman's salad dressing business began in 1982 with a unique purpose. This venture has since donated over $600 million to various charitable causes. Newman's Own Foundation now solely owns the company, continuing his legacy. The foundation focuses on transforming the lives of children facing adversity.
Quote of the day by Charlene, Princess of Monaco: ‘We need to instill the values that are important for future generations…’ – Royal and Olympic swimmer on values, education and future generations
Princess Charlene of Monaco emphasizes the critical role of early education in instilling respect among children. She advocates for the demonstration of core values through positive role models. Through her foundation, she fosters discipline and teamwork via sports initiatives. The Princess also stresses the importance of teaching boys to respect women early on.
In 1994, George Foreman stopped fighting inside the boxing ring and put his name on a grill; five years later, one kitchen appliance deal paid him $137.5 million
George Foreman’s biggest business success came after boxing. He retired from the ring in 1997, then became the face of a kitchen grill that carried his name. What began as a celebrity endorsement grew into a major consumer brand. In 1999, Salton reportedly paid Foreman $137.5 million to buy out his rights. His second career showed how a famous name could become a valuable business asset.
Karnataka HC quashes Rs 482-crore penalty on ACC, directs govt to execute mining lease
The standoff escalated in 2025 when the department issued a revised royalty demand of Rs 367.51 crore (after adjusting Rs 125 crore already deposited by the firm), followed by a separate penalty notice of Rs 482.70 crore under the Mines and Minerals (Development and Regulation) Act.
Australian Idiom of the Day: ‘Blow one's own trumpet’ - Why self-praise backfires, a lesson on humility
Sharing your accomplishments may seem fulfilling, yet it can unintentionally push people away, regardless of their authenticity. True talent and integrity shine through without need for boastfulness. Embracing humility allows actions to convey messages more powerfully than mere words. Those who practice modesty cultivate deeper relationships by allowing others to shine as well. Authentic success doesn’t demand a megaphone; outstanding work attracts recognition organically.
Tata Sons may be valued at steep discount of up to ₹12.5 lakh crore in IPO
Tata Sons' potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16 lakh crore. Investors will price listed stakes and unlisted businesses, applying a holding company discount. The Reserve Bank of India rejected Tata Sons' plea to remain private. This decision effectively mandates the conglomerate's public listing soon.
In 2008, Red Hot Chili Peppers bassist Flea paid $3.85 million for a 1915 Los Angeles house and renovated it with rooftop solar; Jack Black later bought it for $5.965 million
Flea, the renowned bassist of the Red Hot Chili Peppers, recently sold his Los Feliz abode for a significant profit following its renovation. The property boasted rooftop solar panels, which studies suggest enhance property values. Buyers are increasingly willing to invest more for homes with solar energy systems, leading real estate professionals to highlight their positive effect on buyer perception.
In 2020, Brazilian musician Alok launched Instituto Alok to back Amazon conservation with 400,000 seedlings. Today, its projects have helped restore 3 million m² of native forest
Brazilian musician Alok is taking his environmental work beyond the stage through Instituto Alok, founded in 2020. The initiative supports Amazon forest restoration while working closely with local communities. In the Marajó region, one project has restored 291.5 hectares, nearly 3 million square metres, and planted more than 245,000 seedlings. Its community-led approach shows how Amazon conservation can also support families and create a more sustainable future.
Load More
