In a significant development in the Indian Securities market, the Securities and Exchange Board of India (SEBI) has directed influencer Ravindra Bahrti to repay a sum of Rs 12 crore due to unlawful gains made through false promises of astronomical (1000%) returns. This action underscores SEBI’s commitment to protecting investors’ interests and maintaining market integrity. […]
Business
Byju’s Founder Byju Ravindran’s Networth Plunges to Zero.
Once boasting a net worth of Rs 17,545 crore, the crown jewel of the startup ecosystem, Byju’s owner Byju Ravindran has witnessed a dramatic fall from grace. In the latest Forbes Billionaire Index list he has been listed at zero. This harsh reality reflects the turbulent path of Byju, the tech behemoth he established, showcasing […]
Indian Influencer Marketing Expecting Boom, Predicted to reach 3,375 crore by 2026
India in recent years has presented itself as a land of opportunities, be it Bollywood, or online content creation. Following the same pattern India is expected to see growth of 25% by 2026 in the influencer marketing industry, according to a joint report by EY and Collective Artists Network’s Big Bang Social. That means the […]
Beat The Heat, With The Best Air-conditioners this Summer.
As the summer approaches, the temperature has increased adversely in the past few days. With the availability of a plethora of options, selecting a reliable air-conditioner to assist you in combat the scorching heat and humidity, can be overwhelming. But worry not, this comprehensive guide will delve into the best and the most advanced ACs […]
Ramdev Appears in Supreme Court Over Patanjali’s Misleading Ads
Patanjali and its Founder Baba Ramdev found themselves in the hot seat as they appeared before the Supreme Court today. They have been summoned regarding allegations of misleading advertisements for Patanjali Ayurvedic Products. Previously, the apex court had criticized Patanjali for failing to comply with its directives and demanded the personal presence of both Yoga […]
Indian Stock Market Scales New Heights on First Day of Fiscal Year 2025
1st April 2024, the Indian stock market started a new financial year (FY25) with a bang! Both the benchmark indices, Sensex and Nifty, have registered an all-time high amidst positive Asian cures and sustained foreign fund inflows. Continuing its winning streak for the third consecutive day, a 30-share index representing leading companies in India, surged […]
Swiggy Struggles With Bumpy Road to IPO
Indian food delivery giant Swiggy is preparing for a much-anticipated initial public offering (IPO), but the road ahead seems to be filled with potholes. The internal document obtained by Reuters, reveals a significant loss of $200 million for the nine months leading up to December 2023, adding to the company’s abundant $500 million loss for […]
LIC Fires Employee Caught Front-Running Trades
India’s largest insurance company LIC(Life Insurance Company) dismissed an employee, Yogesh Garg, on Wednesday, for his involvement in the front-running scheme which is currently being investigated by the Securities and Exchange Board of India (SEBI). In an exchange filing on Wednesday LIC confirmed Garg’s removal, stating “Yogesh Garg was an employee in the cadre of […]
Chitkara Signs MoU with Escalon Business Services to Boost Accounting Education
Chitkara University has signed a Memorandum of Understanding (MoU) with a prominent US-based firm, Escalon Business Services. This will serve as a golden opportunity for students enrolled in the B.Com Finance and BBA Fintech programs to enhance their academic and professional development. This strategic collaboration will equip students with the latest industry knowledge, practical skills, […]
Government warns of high-security vulnerabilities to Apple iOS and iPadOS users
Apple users have been recently been urged by the Indian Computer Emergency Response Team (CERT-In) regarding critical threats that could potentially allow attackers to cripple their devices, steal sensitive information and bypass security measures. The warning issued highlights multiple flaws impacting iOS and iPadOS versions earlier than 16.7.6 for older devices and 17.4 for newer […]