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US SEC charges several Indian-Americans with insider trading

The US Securities and Exchange Commission (SEC) has filed insider trading charges against several Indian-Americans in connection with three separate schemes that together yielded more than $6.8 million in illicit gains.

Jul 26, 2022

Multi bagger Dhruva Capital gains 205% in a month; went from Rs 7.54 to Rs 22.96 [details]

Dhruva Capital stock has given 205 per cent returns in the last month. The stock which was trading at Rs 7.54 on June 22 jumped by 205 per cent in a month to close at Rs 22.96 on July 22.

Jul 24, 2022

UAE grants actor Kamal Haasan a Golden Visa

UAE honours Kamal Haasan by granting him Golden Visa

The United Arab Emirates has granted Kamal Haasan, one of Tamil film industry's top stars, its prestigious Golden Visa.

Jul 22, 2022

Gautam Adani's is now world's fourth richest; wealthier than Bill Gates, Mukesh Ambani [see list]

Indian business tycoon Gautam Adani's net worth has reached $115.5 billion (Rs 9.2 lakh crore), making him the fourth richest person in the world.

Jul 21, 2022

Netflix loses one million customers in Q2; reasons behind alarming attrition rate explained

A Netflix Premium user in India should pay Rs 7,788 to enjoy the services in a year

Jul 21, 2022

Indian Rupee depreciates further: 1 US dollar equals 80 rupees

As predicted earlier, the Indian rupee on Tuesday crossed Rs 80 for a US dollar. The fall in rupee's value is owing to multiple factors like Russia-Ukraine war, outflow of foreign institutional investors and others, said experts.

Jul 19, 2022

Using wife merely as ATM amounts to mental harassment: K'taka HC

In an important judgment, the Karnataka High Court has said that using a wife without any emotional attachment as "a cash cow and ATM" amounts to mental harassment. The court also granted divorce to the wife in the case setting aside the order of the lower court.

Jul 19, 2022

Online interior design startup Modsy shuts down, lays off employees

Another startup Modsy shuts down, lays off all employees

Online interior design services startup Modsy has quietly shut operations and several customers have been left with unfinished renovations and project orders in process.

Jul 18, 2022

Blochchain platform 5ire raises $100 mn, becomes 105th unicorn in India

Indian-origin entrepreneurs' blockchain 5ire raises $100 mn, becomes 105th unicorn

5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021.

Jul 15, 2022

Another Rs 1,200 cr vanishes from BYJU'S funding round: Report

A whopping Rs 1,200 crore from a US-based company, recently announced by BYJU'S as a funding round, has gone off track, according to a media report.

Jul 11, 2022

Razorpay gets RBI approval for Payment Aggregator license

The central bank issued a payment aggregator framework in March 2020, stating that payment gateways will be mandated to have a license in order to acquire merchants and provide them with digital payments acceptance solutions.

Jul 11, 2022

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FPIs selling decreased; pull out only ₹4,418 crore from Indian market in July [details]

FPIs withdrew a sizable sum totalling Rs 1,10,628 crore from the Indian market during the April to June 2022 quarter.

Jul 10, 2022

Twitter buyout deal: Musk to pay $1 bn as deal termination fee to Twitter

Tesla CEO Elon Musk, who has cancelled the $44 billion Twitter buyout deal, will have to pay $1 billion in termination fee to the micro-blogging platform.

Jul 9, 2022

Businessman Punit Balan & Rapper Badshah buy the Mumbai team in Ultimate Kho Kho

Punit Balan said It's very important to adopt the right approach if you want to grow something. I have been involved in developing sports through leagues in the past and now alongside Ultimate Kho Kho, I want to play a part in Kho-Kho's journey to success

Jul 7, 2022

Dubai Offers a Warm Welcome and Impressive Stability for Indian Investors - Atinirmal G. Pagarani

Atinirmal G. Pagarani said There are various criteria that determine your eligibility and the tenure of your Golden Visa. For instance, any individual owning properties worth over AED 2 million in the UAE is eligible for the 5-year Golden Visa