[ad_1] MUMBAI: A special court rejected CBI‘s chargesheet against Indiabulls Housing Finance Ltd (IHFL), share broker Sanjay Dangi, and DB Realty promoters (Shahid Balwa and Vinod Goenka) along with their associate firms in Rs 4,733 crore DHFL-Yes Bank loan fraud case. The court concluded there was inadequate proof to demonstrate their participation in any bank…
[ad_1] India’s foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in over two years. This surge follows a decline of USD 1.781 billion in the previous week, which brought reserves down to USD 638.698 billion,…
[ad_1] Gold prices have reached new record highs, but Gold ETFs experienced a notable slowdown in February, with monthly inflows dropping by 47.22% to Rs 1,979 crore, compared to Rs 3,751 crore in January. Despite this decline, the inflows in Gold ETFs have still seen a 99% year-on-year increase, from Rs 997 crore in February…
[ad_1] NEW DELHI: Illegal online financial activities, including betting and gambling, have surged dramatically in India in recent years. A report by the Digital India Foundation revealed that digital platforms recorded a staggering 1.6 billion visits in just three months across four major websites.The report highlighted that the majority of these visits were organic, exceeding…
[ad_1] BENGALURU: Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM, has agreed to put $17.5 million into a fund to settle pending class-action lawsuits and resolve allegations following a cybersecurity incident in 2023. Infosys said that it reached an agreement with the plaintiffs of these lawsuits pending against IMS and a few of its…
[ad_1] Hon Hai Precision Industry Co. posted a surprise earnings fall after weak Chinese iPhone sales eroded margins, though the Nvidia Corp. supplier forecast a doubling in AI-related revenue this quarter.The Taiwanese company’s net income plunged 13% to NT$46.3 billion ($1.4 billion), far short of analysts’ estimates for a 2.3% gain. Hon Hai, one of…
[ad_1] BENGALURU: Global capability centres are increasingly recruiting talent from IT services companies, with approximately half their workforce now sourced directly from these firms. Data from HR consultancy Xpheno indicates that GCCs have modified their recruitment approach, incorporating both experienced professionals and fresh graduates.Recent statistics reveal GCCs now source 45-48% of their workforce from IT…
[ad_1] Bollywood actor Salman Khan‘s past has come back to haunt him, this time around, because of his Chori Chori Chupke Chupke co-star, Adi Irani, who spilled secrets from the film sets. In a recent chat, Irani revealed an on-set incident where Khan accidentally threw him into a glass frame, leaving him injured and what’s…
[ad_1] Elon Musk’s X platform banned over 5 lakh Indian accounts for violating policies, including promoting terrorism and child sexual exploitation. Users should avoid violating policies to prevent account suspension. Elon Musk’s social media platform, X (formerly Twitter), has banned over 5 lakh accounts in India. Reuters has reported that these accounts were banned for…
[ad_1] (Image: https://www.guinnessworldrecords.com/) For Alberto Davila Aragon from Bristol, UK this Pi day was one of the memorable days for him. The 10 year old school boy recalled how he won the Pi digits competition in his school in March 2024 which made him world record holder for most decimal places of Pi recalled in…
