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SEBI notice says Hindenburg shared Adani report with client 2 months before publishing

Mumbai, July 8 (IANS) Markets regulator Securities and Exchange Board of India (SEBI), in its 46-page show-cause notice to Hindenburg Research, has detailed how the US short-seller shared an advance copy of its critical report on the Adani Group with New York-based hedge fund manager Mark Kingdon two months before its public release. The show-cause […]

Welspun One raises Rs 2,275 crore to boost logistics infra in India

Mumbai, July 8 (IANS) Integrated fund and development management platform Welspun One on Monday said it has raised a second fund worth Rs 2,275 crore, inclusive of co-investment commitments, to strengthen logistics infrastructure in the country. The funds were raised from a diverse pool of approximately 800 Limited Partners (LPs), including high-net-worth and ultra-high-net-worth individuals, […]

Consulting firm Mercer appoints Siddhartha Gupta as India President

New Delhi, July 8 (IANS) US-based consulting firm Mercer on Monday announced the appointment of Siddhartha Gupta as its India President. Gupta brings a wealth of experience and expertise to this role, having most recently served as Mercer Mettl’s Chief Executive Officer. “I am excited to take on this role and lead efforts to further […]

South Korea’s regulator set to take steps against Google over YouTube bundling allegations

Seoul, July 8 (IANS) South Korea’s antitrust regulator is expected to take punitive steps against Google regarding allegations that it has unfairly bundled YouTube’s music service with its premium subscription programme, officials said on Monday. The tech giant was accused of providing the YouTube Music streaming service to users of the ad-free YouTube premium programme […]

73 pc Indian firms plan to use GenAI to enhance security measures: Report

New Delhi, July 8 (IANS) About 73 per cent of Indian organisations plan to harness generative artificial intelligence (GenAI) within the next 12 months to enhance security measures and align IT objectives with broader business goals, a new report said on Monday. However, only 8 per cent of organisations showed high confidence in effectively implementing […]

Euro 2024 semifinal: Dominant Spain look to move past struggling France (Preview)

New Delhi, July 8 (IANS) The 2024 European Championship has reached its final legs, as only four teams remain of the original 24 that entered the competition. Spain, France, England, and the Netherlands are the four contenders remaining in the race for European glory. Spain are the favourites heading into the semifinals. Luis Da le […]

Sumbul Touqeer’s rainy day special: Tea, pakodas & Maggi with family and friends

Mumbai, July 8 (IANS) Actress Sumbul Touqeer Khan has expressed her love for the monsoon season, sharing that tea, pakoras, and Maggie with family and close friends on a rainy day is the perfect combination. Speaking about her love for the rain, Sumbul shared: “Rains have something special in them. Tea, pakoras, and Maggie with […]

‘Imagine Dragons’ star Dan Reynolds reveals why he gave up on Mormonism

Los Angeles, July 8 (IANS) Dan Reynolds, frontman of the pop rock band Imagine Dragons, has opened up about his decision to leave the Mormon church. The singer, who was brought up in a “really conservative” Mormon family and even served a two-year mission in Nebraska, has been vocal about his departure from the church, […]