CLSA assessed that the exposure of public sector banks has not increased in the past three years. Amid the dust raised by Hindenburg Research’s report on the Adani Group, CLSA said the Indian banking sector’s exposure to the group is less than 40 per cent of total group debt. Analysts with …
Read More »Entrepreneur support. Telangana signs pact with Coinbase to promote Web 3.0 community
Coinbase will be supporting Web 3.0 entrepreneurs of Telangana through capacity-building sessions, mentorship programs, and promoting initiatives. The Telangana Government has signed an agreement with Coinbase Inc. to jointly build a strong Web 3.0 community in the State. Coinbase will be supporting Web 3.0 entrepreneurs of Telangana through capacity-building sessions, …
Read More »UK car production collapses to lowest for 66 years
The number of new cars made in the UK has sunk to its lowest level for 66 years as firms warn the country is not doing enough to attract manufacturers. The 10% drop is the worst performance since 1956, according to the Society of Motor Manufacturers and Traders. A struggle …
Read More »Justin Bieber sells rights to songs for $200m
Justin Bieber has sold his share of the rights to his music to Hipgnosis Songs Capital for a reported $200m (£162m). The firm now owns the pop star’s stake in some of the biggest hits of recent years, including Baby and Sorry. Bieber, one of the best-selling artists of the …
Read More »ShareChat co-founders Farid Ahsan, Bhanu Pratap Singh step down; new leadership team to take over
ShareChat, the Indian social media platform, announced today that co-founders Bhanu Pratap Singh and Farid Ahsan have stepped down from their active roles in the company. According to a ShareChat spokesperson, the duo has played a vital role in building the company to unicorn status and beyond. However, they will …
Read More »Share Market Crash Highlights: Nifty ends below 17900, Sensex sheds 770 pts; Bank Nifty falls 2.5%, PSU Bank tanks over 3.5%
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended deep in red on Wednesday falling below the crucial levels on the monthly F&O expiry day. The bloodbath on the Dalal-street pulled all the broader and sectoral indices down. The BSE Sensex crashed 773.69 points or 1.27% to …
Read More »U.S. Accuses Google of Abusing Monopoly in Ad Technology
The Justice Department’s antitrust lawsuit, which a group of states joined, was the fifth by U.S. officials against the company since 2020. The Justice Department and a group of eight states sued Google on Tuesday, accusing it of illegally abusing a monopoly over the technology that powers online advertising, in the agency’s …
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