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Bisleri International chairman says no plans to sell packaged drinking water business as of now Tuesday 21 March 2023 10:22 AM UTC+00 Packaged drinking water company Bisleri International chairman Ramesh Chauhan has said that he has no plans to sell the company. The chairman added that he's not in talks with any parties to sell the business. The development has come days after Tata Consumer Products Ltd called off their negotiations with Bisleri. |
Gold price decreases after witnessing a surge on Tuesday Wednesday 22 March 2023 04:56 AM UTC+00 |
Indian Crypto Exchange WazirX banned over 2,400 users over unlawful activity Wednesday 22 March 2023 04:58 AM UTC+00 Indian Crypto-exchange WazirX, with reportedly around 10 million users, recently revealed in a report that the exchange had blacklisted 2,431 accounts after requests of blacklisting from Law enforcement agencies (LEA). This blocking on the platform is over suspicious and unlawful activity after verifying the transactions, between October 2022 to March 2023. The volume of transactions in question is estimated to be around $390 million. The platform showed 100% compliance with LEA requests |
US regulator threatens Coinbase of a potential lawsuit Thursday 23 March 2023 04:57 AM UTC+00 The Securities and Exchange Commission (SEC) is reportedly planning to sue Coinbase, one of the largest cryptocurrency exchanges in the world. The regulator has flagged the exchange's wallet service and feature called Coinbase Earn. The company received Well's notice from SEC, which is an indication that the regulator believes the company has violated investor protection laws and an alert for a potential action from SEC. The CEO of Coinbase alleged that they were handed with a legal notice while they asked for clear cryptocurrency regulation in the United States. |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Gold prices witnesses successive days of price drop Thursday 23 March 2023 07:08 AM UTC+00 In the past 24 hours, the price of 24 carat and 22 carat gold has dropped by Rs 550 in India. As of Thursday (March 23), 10 grams of 24 carat gold cost Rs 58,640, while 10 grams of 22 carat gold cost Rs 53,710. Yesterday, 10 grams of 24 carat gold was at Rs 59,190, while 10 grams of 22 carat gold was at Rs 54,220. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Bisleri International chairman says no plans to sell packaged drinking water business as of now Tuesday 21 March 2023 10:22 AM UTC+00 Packaged drinking water company Bisleri International chairman Ramesh Chauhan has said that he has no plans to sell the company. The chairman added that he's not in talks with any parties to sell the business. The development has come days after Tata Consumer Products Ltd called off their negotiations with Bisleri. |
Gold price decreases after witnessing a surge on Tuesday Wednesday 22 March 2023 04:56 AM UTC+00 |
Indian Crypto Exchange WazirX banned over 2,400 users over unlawful activity Wednesday 22 March 2023 04:58 AM UTC+00 Indian Crypto-exchange WazirX, with reportedly around 10 million users, recently revealed in a report that the exchange had blacklisted 2,431 accounts after requests of blacklisting from Law enforcement agencies (LEA). This blocking on the platform is over suspicious and unlawful activity after verifying the transactions, between October 2022 to March 2023. The volume of transactions in question is estimated to be around $390 million. The platform showed 100% compliance with LEA requests |
US regulator threatens Coinbase of a potential lawsuit Thursday 23 March 2023 04:57 AM UTC+00 The Securities and Exchange Commission (SEC) is reportedly planning to sue Coinbase, one of the largest cryptocurrency exchanges in the world. The regulator has flagged the exchange's wallet service and feature called Coinbase Earn. The company received Well's notice from SEC, which is an indication that the regulator believes the company has violated investor protection laws and an alert for a potential action from SEC. The CEO of Coinbase alleged that they were handed with a legal notice while they asked for clear cryptocurrency regulation in the United States. |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Gold prices witnesses successive days of price drop Thursday 23 March 2023 07:08 AM UTC+00 In the past 24 hours, the price of 24 carat and 22 carat gold has dropped by Rs 550 in India. As of Thursday (March 23), 10 grams of 24 carat gold cost Rs 58,640, while 10 grams of 22 carat gold cost Rs 53,710. Yesterday, 10 grams of 24 carat gold was at Rs 59,190, while 10 grams of 22 carat gold was at Rs 54,220. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Indian Crypto Exchange WazirX banned over 2,400 users over unlawful activity Wednesday 22 March 2023 04:58 AM UTC+00 Indian Crypto-exchange WazirX, with reportedly around 10 million users, recently revealed in a report that the exchange had blacklisted 2,431 accounts after requests of blacklisting from Law enforcement agencies (LEA). This blocking on the platform is over suspicious and unlawful activity after verifying the transactions, between October 2022 to March 2023. The volume of transactions in question is estimated to be around $390 million. The platform showed 100% compliance with LEA requests |
US regulator threatens Coinbase of a potential lawsuit Thursday 23 March 2023 04:57 AM UTC+00 The Securities and Exchange Commission (SEC) is reportedly planning to sue Coinbase, one of the largest cryptocurrency exchanges in the world. The regulator has flagged the exchange's wallet service and feature called Coinbase Earn. The company received Well's notice from SEC, which is an indication that the regulator believes the company has violated investor protection laws and an alert for a potential action from SEC. The CEO of Coinbase alleged that they were handed with a legal notice while they asked for clear cryptocurrency regulation in the United States. |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Gold prices witnesses successive days of price drop Thursday 23 March 2023 07:08 AM UTC+00 In the past 24 hours, the price of 24 carat and 22 carat gold has dropped by Rs 550 in India. As of Thursday (March 23), 10 grams of 24 carat gold cost Rs 58,640, while 10 grams of 22 carat gold cost Rs 53,710. Yesterday, 10 grams of 24 carat gold was at Rs 59,190, while 10 grams of 22 carat gold was at Rs 54,220. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Gold prices witnesses surge after two days of decrease in prices Friday 24 March 2023 04:47 AM UTC+00 |
South Korean crypto fraudster and founder of Terraform Labs, Do Kwon, arrested from Montenegro Friday 24 March 2023 04:55 AM UTC+00 Do Kwon, the crypto entrepreneur from South Korea and Interpol fugitive, have been arrested from Podgorica, the capital of Montenegro. In May 2022, Do Kwon's blockchain TerraUSD and Luna went bust and erased $45 billion dollars of market capitalisation overnight. Immediately, after the confirmation of his arrest, US Prosecutors announced eight charges against Kwon, which includes Securities fraud, wire fraud and conspiracy. |
US regulator threatens Coinbase of a potential lawsuit Thursday 23 March 2023 04:57 AM UTC+00 The Securities and Exchange Commission (SEC) is reportedly planning to sue Coinbase, one of the largest cryptocurrency exchanges in the world. The regulator has flagged the exchange's wallet service and feature called Coinbase Earn. The company received Well's notice from SEC, which is an indication that the regulator believes the company has violated investor protection laws and an alert for a potential action from SEC. The CEO of Coinbase alleged that they were handed with a legal notice while they asked for clear cryptocurrency regulation in the United States. |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Gold prices witnesses surge after two days of decrease in prices Friday 24 March 2023 04:47 AM UTC+00 |
South Korean crypto fraudster and founder of Terraform Labs, Do Kwon, arrested from Montenegro Friday 24 March 2023 04:55 AM UTC+00 Do Kwon, the crypto entrepreneur from South Korea and Interpol fugitive, have been arrested from Podgorica, the capital of Montenegro. In May 2022, Do Kwon's blockchain TerraUSD and Luna went bust and erased $45 billion dollars of market capitalisation overnight. Immediately, after the confirmation of his arrest, US Prosecutors announced eight charges against Kwon, which includes Securities fraud, wire fraud and conspiracy. |
Jack Dorsey's net worth drops $526 million after Hindenburg report Friday 24 March 2023 07:54 AM UTC+00 Jack Dorsey News: Block Inc, the payment and mobile banking services company co-founded by Jack Dorsey, has been accused of allowing fraudulent accounts to proliferate on its Cash App platform by Hindenburg Research. In a report released on Thursday, the short-seller alleged that the company generated illegitimate revenue and exaggerated user metrics by dressing up predatory loans and facilitating fraud against consumers and the government, misleading investors with inflated metrics and avoiding regulation. The report claimed that the "magic" behind Block's business was not disruptive innovation, as is widely believed, but rather these fraudulent practices. |
Parliament Budget Session 2023: Govt to set up finance secretary-led panel to enhance NPS Friday 24 March 2023 08:44 AM UTC+00 Parliament Budget Session: Amid the ongoing second leg of the Parliament Budget Session, the government, on Friday, announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS). According to the information the step is being taken with a view to take care of the concerns of employees while maintaining fiscal prudence. |
US regulator threatens Coinbase of a potential lawsuit Thursday 23 March 2023 04:57 AM UTC+00 The Securities and Exchange Commission (SEC) is reportedly planning to sue Coinbase, one of the largest cryptocurrency exchanges in the world. The regulator has flagged the exchange's wallet service and feature called Coinbase Earn. The company received Well's notice from SEC, which is an indication that the regulator believes the company has violated investor protection laws and an alert for a potential action from SEC. The CEO of Coinbase alleged that they were handed with a legal notice while they asked for clear cryptocurrency regulation in the United States. |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Gold prices witnesses surge after two days of decrease in prices Friday 24 March 2023 04:47 AM UTC+00 |
South Korean crypto fraudster and founder of Terraform Labs, Do Kwon, arrested from Montenegro Friday 24 March 2023 04:55 AM UTC+00 Do Kwon, the crypto entrepreneur from South Korea and Interpol fugitive, have been arrested from Podgorica, the capital of Montenegro. In May 2022, Do Kwon's blockchain TerraUSD and Luna went bust and erased $45 billion dollars of market capitalisation overnight. Immediately, after the confirmation of his arrest, US Prosecutors announced eight charges against Kwon, which includes Securities fraud, wire fraud and conspiracy. |
Jack Dorsey's net worth drops $526 million after Hindenburg report Friday 24 March 2023 07:54 AM UTC+00 Jack Dorsey News: Block Inc, the payment and mobile banking services company co-founded by Jack Dorsey, has been accused of allowing fraudulent accounts to proliferate on its Cash App platform by Hindenburg Research. In a report released on Thursday, the short-seller alleged that the company generated illegitimate revenue and exaggerated user metrics by dressing up predatory loans and facilitating fraud against consumers and the government, misleading investors with inflated metrics and avoiding regulation. The report claimed that the "magic" behind Block's business was not disruptive innovation, as is widely believed, but rather these fraudulent practices. |
Parliament Budget Session 2023: Govt to set up finance secretary-led panel to enhance NPS Friday 24 March 2023 08:44 AM UTC+00 Parliament Budget Session: Amid the ongoing second leg of the Parliament Budget Session, the government, on Friday, announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS). According to the information the step is being taken with a view to take care of the concerns of employees while maintaining fiscal prudence. |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Gold prices witnesses surge after two days of decrease in prices Friday 24 March 2023 04:47 AM UTC+00 |
South Korean crypto fraudster and founder of Terraform Labs, Do Kwon, arrested from Montenegro Friday 24 March 2023 04:55 AM UTC+00 Do Kwon, the crypto entrepreneur from South Korea and Interpol fugitive, have been arrested from Podgorica, the capital of Montenegro. In May 2022, Do Kwon's blockchain TerraUSD and Luna went bust and erased $45 billion dollars of market capitalisation overnight. Immediately, after the confirmation of his arrest, US Prosecutors announced eight charges against Kwon, which includes Securities fraud, wire fraud and conspiracy. |
Jack Dorsey's net worth drops $526 million after Hindenburg report Friday 24 March 2023 07:54 AM UTC+00 Jack Dorsey News: Block Inc, the payment and mobile banking services company co-founded by Jack Dorsey, has been accused of allowing fraudulent accounts to proliferate on its Cash App platform by Hindenburg Research. In a report released on Thursday, the short-seller alleged that the company generated illegitimate revenue and exaggerated user metrics by dressing up predatory loans and facilitating fraud against consumers and the government, misleading investors with inflated metrics and avoiding regulation. The report claimed that the "magic" behind Block's business was not disruptive innovation, as is widely believed, but rather these fraudulent practices. |
Parliament Budget Session 2023: Govt to set up finance secretary-led panel to enhance NPS Friday 24 March 2023 08:44 AM UTC+00 Parliament Budget Session: Amid the ongoing second leg of the Parliament Budget Session, the government, on Friday, announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS). According to the information the step is being taken with a view to take care of the concerns of employees while maintaining fiscal prudence. |
Akasa Air to hire nearly 1,000 people by March 2024 Friday 24 March 2023 01:19 PM UTC+00 |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Gold prices witnesses surge after two days of decrease in prices Friday 24 March 2023 04:47 AM UTC+00 |
South Korean crypto fraudster and founder of Terraform Labs, Do Kwon, arrested from Montenegro Friday 24 March 2023 04:55 AM UTC+00 Do Kwon, the crypto entrepreneur from South Korea and Interpol fugitive, have been arrested from Podgorica, the capital of Montenegro. In May 2022, Do Kwon's blockchain TerraUSD and Luna went bust and erased $45 billion dollars of market capitalisation overnight. Immediately, after the confirmation of his arrest, US Prosecutors announced eight charges against Kwon, which includes Securities fraud, wire fraud and conspiracy. |
Jack Dorsey's net worth drops $526 million after Hindenburg report Friday 24 March 2023 07:54 AM UTC+00 Jack Dorsey News: Block Inc, the payment and mobile banking services company co-founded by Jack Dorsey, has been accused of allowing fraudulent accounts to proliferate on its Cash App platform by Hindenburg Research. In a report released on Thursday, the short-seller alleged that the company generated illegitimate revenue and exaggerated user metrics by dressing up predatory loans and facilitating fraud against consumers and the government, misleading investors with inflated metrics and avoiding regulation. The report claimed that the "magic" behind Block's business was not disruptive innovation, as is widely believed, but rather these fraudulent practices. |
Parliament Budget Session 2023: Govt to set up finance secretary-led panel to enhance NPS Friday 24 March 2023 08:44 AM UTC+00 Parliament Budget Session: Amid the ongoing second leg of the Parliament Budget Session, the government, on Friday, announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS). According to the information the step is being taken with a view to take care of the concerns of employees while maintaining fiscal prudence. |
Akasa Air to hire nearly 1,000 people by March 2024 Friday 24 March 2023 01:19 PM UTC+00 |
US nominee for World Bank President Ajay Banga to meet PM Modi at end of his global tour Thursday 23 March 2023 05:19 AM UTC+00 New Delhi: The US nominee for World Bank President Ajay Banga will arrive in India on Thursday capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America and Asia. During his two-day visit to New Delhi from March 23 to 24, Banga will Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Minister of External Affairs S Jaishankar. |
After Adani bombshell, US short-seller Hindenburg Research signals another 'big report' soon Thursday 23 March 2023 07:02 AM UTC+00 Hindenburg Research: Just weeks after targeting Indian conglomerate Adani Group, US short-seller Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. |
Bharat 6G Project: India aims for high-speed internet by 2030, PM Modi unveils vision document Thursday 23 March 2023 07:10 AM UTC+00 India is preparing to introduce high-speed 6G communication services by 2030 through the recently unveiled Bharat 6G project. The project aims to identify and finance research and deployment of next-generation technology across the country, according to a vision document unveiled by Prime Minister Narendra Modi on Wednesday. |
Infosys announces Kiran Mazumdar-Shaw's retirement from board; names new lead for independent director Thursday 23 March 2023 12:17 PM UTC+00 |
Now, Accenture to lay off 19,000 employees, cut around 2.5% workforce Thursday 23 March 2023 01:56 PM UTC+00 Accenture layoffs: IT services firm Accenture Plc has announced that it will cut around 2.5% of its workforce, or 19,000 jobs, with more than half of the layoffs affecting staff in non-billable corporate functions. The company has revised down its annual revenue and profit forecasts due to the worsening global economic outlook that is causing a decline in corporate spending on IT services. The news sent Accenture's shares up more than 4% before the bell. |
Gold prices witnesses surge after two days of decrease in prices Friday 24 March 2023 04:47 AM UTC+00 |
South Korean crypto fraudster and founder of Terraform Labs, Do Kwon, arrested from Montenegro Friday 24 March 2023 04:55 AM UTC+00 Do Kwon, the crypto entrepreneur from South Korea and Interpol fugitive, have been arrested from Podgorica, the capital of Montenegro. In May 2022, Do Kwon's blockchain TerraUSD and Luna went bust and erased $45 billion dollars of market capitalisation overnight. Immediately, after the confirmation of his arrest, US Prosecutors announced eight charges against Kwon, which includes Securities fraud, wire fraud and conspiracy. |
Jack Dorsey's net worth drops $526 million after Hindenburg report Friday 24 March 2023 07:54 AM UTC+00 Jack Dorsey News: Block Inc, the payment and mobile banking services company co-founded by Jack Dorsey, has been accused of allowing fraudulent accounts to proliferate on its Cash App platform by Hindenburg Research. In a report released on Thursday, the short-seller alleged that the company generated illegitimate revenue and exaggerated user metrics by dressing up predatory loans and facilitating fraud against consumers and the government, misleading investors with inflated metrics and avoiding regulation. The report claimed that the "magic" behind Block's business was not disruptive innovation, as is widely believed, but rather these fraudulent practices. |
Parliament Budget Session 2023: Govt to set up finance secretary-led panel to enhance NPS Friday 24 March 2023 08:44 AM UTC+00 Parliament Budget Session: Amid the ongoing second leg of the Parliament Budget Session, the government, on Friday, announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS). According to the information the step is being taken with a view to take care of the concerns of employees while maintaining fiscal prudence. |
Akasa Air to hire nearly 1,000 people by March 2024 Friday 24 March 2023 01:19 PM UTC+00 |
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