The sobriquet Big 4 refers to Deloitte LLP, Ernst & Young LLP, KPMG LLP and PwC. One of Adani Group’s international partners, the French energy giant TotalEnergies SE, said that it welcomes the announcement of the Adani Group to mandate one of the big four accounting firms to carry out …
Read More »Binance-WazirX Dispute Rages as the Indian Crypto Exchange Is Told to Move Funds Out of Binance
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration. Binance has invited Zanmai Labs, the entity operating Indian crypto exchange WazirX, to work out arrangements to withdraw any remaining assets held in Binance wallets, according to a blog post on Friday. The …
Read More »Mukesh Ambani becomes richest Asian again as stock meltdown wipes billions off Gautam Adani’s net worth
Gautam Adani has lost his title of Asia’s richest person to Mukesh Ambani as a rout in his conglomerate’s stocks deepened to $74 billion after a US-based short-seller report.Mukesh Ambani, Chairman of Reliance Industries, once again reclaimed India and Asia’s richest spot with a net worth of $81 billion, according …
Read More »Byju’s layoffs: IIT graduate who lost his job says, ‘Jo hota hai…’
Byju’s has laid off another 1,000-1,200 employees, as the world’s most-valued edtech company seeks to bring down costs amid slower revenue growth and a worsening funding winter. Ed-tech firm Byju’s laid off 1,000 to 1,200 more employees in its second round of layoffs in the last few months amid mass …
Read More »Amul hikes milk prices. Check details
The price of Amul Gold will now be Rs 66 per litre, Amul Taaza will be Rs 54 per 1 litre. Gujarat Cooperative Milk Marketing Federation Limited, which markets the Anand-based cooperative brand Amul, on February 3 announced a hike of up to Rs 3/litre on fresh milk. After this …
Read More »Adani Group Value Halved, $100 Billion Wipeout As Stocks Nosedive
Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission were also suspended when they hit their limits. Mumbai: Billionaire Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has lost in a phenomenal stock rout — was due to Prime Minister …
Read More »Google CEO Sundar Pichai says its ChatGPT rival coming soon as a ‘companion’ to search
Users will soon be able to use language models “as a companion to search,” Pichai said on a conference call following the internet search giant’s fourth-quarter earnings report on Thursday. Alphabet Inc. Chief Executive Officer Sundar Pichai said Google will make artificial intelligence-based large language models like LaMDA available “in …
Read More »Shark Tank India 2: Anupam Mittal opts out of funding a floral jewellery brand due to its wrong business pitch
Three different business pitches are presented to sharks in the latest episode of Shark Tank India 2. While two of them manage to get funding from sharks, there’s one that fails to win any investment. Anupam calls its branding and business pitch all wrong. Take a look at all the …
Read More »Shark Tank: Peyush Bansal offers blank cheque to pitcher for his safe disposal of sanitary pads idea, Aman Gupta reacts
Shark Tank’s Peyush Bansal recently offered double the amount asked by pitcher Ajinkya Dhariya and was ready to give him a blank cheque. Anupam Mittal, Vineeta Singh and Namita Thapar also lured him with their offers. .Shark Tank India has seen several promising entrepreneurs impressing the ‘sharks’ with their innovative ideas. …
Read More »Why is Gautam Adani’s Indian empire in turmoil?
Gautam Adani, 60, is a publicity-shy school dropout of humble origins who rose to become fabulously rich.The business empire of Gautam Adani is in mayhem, losing more than $100 billion in value and sending the Indian tycoon tumbling down the global rich list after allegations of major accounting fraud. Who …
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