Bumble founder Whitney Wolfe Herd wins $1M March Madness competition

Whitney Wolfe Herd, the millionaire founder of dating app Bumble, won the top prize for Bloomberg’s men’s March Madness charity challenge by impressively picking 43 of 63 games accurately. Her bracket picks included correctly choosing the entire Midwest region, and betting that the University of Connecticut would beat Indiana’s Purdue University in Monday’s match-up. UConn, … Read more

Trusts fear new tax to shrink coffers, hurt charity work

Mumbai: Large trusts of corporate houses, CSR foundations, and many non-profits are in a dilemma as the March 15 deadline for advance tax approaches. The bone of contention is a new law that kicked in from FY24 and imposes a tax on the slice of the money that larger trusts give to smaller NGOs doing … Read more

electoral bonds scheme: SC to announce verdict on electoral bonds scheme: What is it and how is it connected with poll funding?

The Supreme Court is poised to deliver its verdict on a series of petitions challenging the validity of the electoral bond scheme. This decision follows a five-judge bench, led by Chief Justice of India DY Chandrachud, reserving its judgment on the matter last year on November 2. The bench also comprised Justices Sanjiv Khanna, BR … Read more