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IndiaTV Business: Google News Feed: Digest for March 27, 2023

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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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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. 
Kiran Mazumdar-Shaw has retired as the independent director of the board in Infosys upon completion of her tenure, IT services major announced on Thursday. 
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 on March 24: In the last 24 hours, Gold prices surged by Rs 450 after seeing two days of successive drops. As of March 24, 2023 (Friday), 10 grams of 24 carat gold is at Rs 59,090 and 10 grams of standard gold (22 carat) is at Rs 54,120.
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 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: 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
The e-commerce and cloud computing conglomerate is currently working on a Non Fungible Token (NFT) related project. According to reports, after a subscription renewal for Prime Video, a streaming service of Amazon, the user received a confirmation email which read that digital token is now available in the gallery of the user. Moreover, the mail reads that the user can only sell the NFT after registering as a reseller. 
In the last 24 hours, Gold prices increased again and maintained their upward trend. On Saturday, Pure gold at 10 grams is currently priced at Rs 59,650 and standard gold at 10 grams is trading at Rs 54,640. On Friday, the gold prices were Rs 59,090 for 24 carat (10 gm) and Rs 54,120 for 22 carat (10 gm).
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