BusinessNews

Google Set to Unveil Pixel 9 Pro and AI Enhancements at Annual Launch Event

Alphabet’s Google will host its annual Made By Google launch event on Tuesday, where major announcements are expected. The event will feature the introduction of Google’s latest smartphones, the Pixel 9 Pro and Pixel 9 Pro Fold, marking what the company describes as the dawn of a “new era of phones.” These new devices are anticipated to bolster Google’s position against Apple’s…
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BusinessNews

MCA Data Contradicts Sebi Chairperson Madhabi Puri Buch’s Claim About Agora Advisory’s Status

The Ministry of Corporate Affairs (MCA) website reveals that Agora Advisory, the consultancy co-founded by Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch and her husband Dhaval Buch, is listed as “active.” This contradicts Puri Buch’s assertion that the company became dormant upon her appointment to Sebi. Hindenburg Research accessed data indicating that Agora…
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Business

Global Investors Demand Resignation of SEBI Chief Madhabi Buch Amid Hindenburg-Adani Allegations

Amid ongoing controversy sparked by Hindenburg Research’s report, global investors are increasingly calling for the resignation of Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch. The call comes in response to allegations that Buch and her husband had stakes in an offshore fund linked to the Adani Group, which allegedly inflated Adani stocks in the past. Hindenburg…
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StartupSuccess Story

From Data Entry to Fintech Mogul: The Inspiring Journey of CRED Founder Kunal Shah

Kunal Shah, the renowned entrepreneur and founder of fintech giants CRED and Freecharge, has a remarkable story that diverges sharply from the typical Silicon Valley narrative. Recently, Sanjeev Bikhchandani, the founder and executive vice-chairman of Info Edge, shared a compelling account of Shah’s unconventional rise to success on social media platform X, shedding light on his humble…
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BusinessNewsStartup

HealthCRED Secures $1.2 Million Seed Funding to Expand B2B Healthcare Financing Operations

HealthCRED, a B2B healthcare financing startup, has raised $1.2 million in seed funding led by Antler India, TRTL VC, DeVC, iSeedVC, and Angel List India. The funding round also saw contributions from angel investors such as Subho Ray, President of the Internet and Mobile Association of India (IAMAI), and Nitin Gupta, CEO of Uni Cards. The new capital will be used to expand HealthCRED’s…
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BusinessNews

Hindenburg Report Exposes $5 Billion Mutual Fund Investment in Adani Group; SEBI Chief Allegedly Linked

A recent report by US-based short-seller Hindenburg Research has disclosed that mutual funds have invested nearly $5 billion (Rs 41,814 crore) across 10 Adani Group companies. The report indicates that except for New Delhi Television (NDTV), mutual funds have invested in every listed Adani Group company. The investment breakdown shows that Adani Ports and SEZ has the highest mutual fund exposure…
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Featured

Unmasking the Danger: 10 Ways AI Can Go Rogue (And How to Spot Them)

Large language models pose risks like manipulation, cyberattacks, and unintended self-improvement, but safeguards are being developed. The rapid advancement of large language models (LLMs) has ignited both excitement and apprehension. While their potential for good is immense, so too is the possibility of misuse and unintended consequences. Understanding the specific dangers these powerful AI…
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BusinessNews

360 ONE Denies Hindenburg’s Claims: No Adani Investments, Reaffirms Regulatory Compliance

In the wake of Hindenburg Research’s explosive report implicating high-profile figures in financial misconduct, 360 ONE (formerly IIFL Wealth) has issued a comprehensive rebuttal to address allegations regarding its investment activities. The company, which manages multiple funds, has firmly denied claims that its IPE-Plus Fund 1 was involved in any investments related to the Adani Group…
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StartupSuccess Story

Jeyandran Venugopal on Balancing Security, Efficiency, and Cost

In a recent discussion at ETSpectrum, Jeyandran Venugopal, Flipkart’s Chief Product and Technology Officer, shed light on the e-commerce giant’s strategic approach to cloud adoption. Venugopal detailed how Flipkart harnesses the cloud to achieve optimal security, efficiency, and cost-effectiveness. Optimizing Cloud Security Security remains a top priority for Flipkart as it scales its cloud…
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BusinessNews

Jammu & Kashmir Bank MD & CEO Baldev Prakash Discusses Governance Reforms and Financial Provisions

Baldev Prakash, the Managing Director and CEO of Jammu & Kashmir Bank, has been instrumental in driving significant changes within the institution since assuming his role on December 30, 2021. In an exclusive interview with Manojit Saha in Mumbai, Prakash shared insights into the steps taken to address governance issues and enhance compliance at the bank. Governance and Compliance…
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