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Home > Articles
SEBI Bans Essel Group Chairman and ZEEL CEO for Fund Misappropriation-thumnail

SEBI Bans Essel Group Chairman and ZEEL CEO for Fund Misappropriation

SEBI bars Essel Group Chairman Subhash Chandra and ZEEL CEO Punit Goenka from directorial roles in listed companies. Investigations revealed their misuse of positions to divert funds for personal benefit.

News

Jun 13, 2023

Increasing Tensions: China and India Expel Journalists in Escalating Media Standoff-thumnail

Increasing Tensions: China and India Expel Journalists in Escalating Media Standoff

The relationship between China and India has been strained since a violent clash along their shared border in 2020. The recent expulsion of journalists from both countries has further deepened the rift between these Asian economic powerhouses. In a tit-for-tat response, Chinese authorities have asked the last Indian journalist in China to leave, while Indian journalists in China faced visa denials. This article will explore the background, events, and implications of this escalating media standoff.

News

Jun 12, 2023

UBS Completes Emergency Takeover of Credit Suisse, Creates Swiss Banking Giant-thumnail

UBS Completes Emergency Takeover of Credit Suisse, Creates Swiss Banking Giant

UBS, the world’s largest wealth manager, announced on Monday that it has successfully completed its emergency takeover of Credit Suisse, a move that creates a giant Swiss bank with a

Investment & Funding

Jun 12, 2023

VW, Glencore Back $1 Billion SPAC Mine Arrangement to Get EV Metals-thumnail

VW, Glencore Back $1 Billion SPAC Mine Arrangement to Get EV Metals

VW (Volkswagen) AG’s battery arm will uphold the arrangement with a $100 million prepayment for future nickel conveyances, while items merchant Glencore Plc will purchase $100 million of ACG stock.

News

Jun 12, 2023

For expansion of renewable energy, Amp Energy India secures $250 million in funding from SMBC, ICG, and AIIB-thumnail

For expansion of renewable energy, Amp Energy India secures $250 million in funding from SMBC, ICG, and AIIB

Amp Energy India, a pioneer in the energy transition and India’s first totally balanced independent power producer (IPP), has raised up to USD 250 million to support its expansion. SMBC

News

Jun 12, 2023

The Urgent Need to Address Quality Issues in Pharmaceutical Industry in India-thumnail

The Urgent Need to Address Quality Issues in Pharmaceutical Industry in India

For over a decade, the pharmaceutical industry in India has faced growing concerns regarding the quality and safety of its medicines, both domestically and internationally. This issue is particularly alarming as India’s pharmaceutical sector is a significant contributor to the country’s economy and a major supplier of generic medicines to the global market. In this article, we will delve into the pressing need for improved regulatory standards and enhanced accountability within India’s pharmaceutical industry, emphasizing the detrimental consequences of substandard medicines on patients worldwide.

Business

Jun 12, 2023

Novartis to buy Chinook for $3.5 billion to boost late-stage pipeline-thumnail

Novartis to buy Chinook for $3.5 billion to boost late-stage pipeline

Chinook Therapeutics, Inc., a biopharmaceutical company specializing in the discovery, development, and commercialization of precision drugs for kidney diseases, today announced that it has entered into a merger agreement and

Industry

Jun 12, 2023

Prime Minister Modi has urged G20 ministers to create a strategy for sustainable development-thumnail

Prime Minister Modi has urged G20 ministers to create a strategy for sustainable development

Prime Minister Narendra Modi has urged G20 development ministers to gather in Varanasi, Uttar Pradesh, on Monday to design plans for SDGs to be realized by 2030 and for women-led development.

News

Jun 12, 2023

India’s GDP has now reached $3.75 trillion; says Finance Minister-thumnail

India’s GDP has now reached $3.75 trillion; says Finance Minister

According to Union Finance Minister Nirmala Sitharaman, India’s Gross Domestic Product (GDP) would reach $3.75 trillion in 2023 from over $2 trillion in 2014. India was referred to as a

Finance

Jun 12, 2023

The Saudi Arabian government signs an agreement with the Chinese electric vehicle company Human Horizons worth $5.6 billion-thumnail

The Saudi Arabian government signs an agreement with the Chinese electric vehicle company Human Horizons worth $5.6 billion

According to a statement from the Saudi state news agency, the Saudi Arabian government has agreed to a $5.6 billion partnership with Chinese electric vehicle manufacturer Human Horizons to work together on the design, production, and marketing of automobiles.

Business

Jun 12, 2023

“Philanthropic Billionaire George Soros Hands Over $25 Billion Empire to Son Alex-thumnail

“Philanthropic Billionaire George Soros Hands Over $25 Billion Empire to Son Alex

“Billionaire George Soros entrusts his $25 billion empire to son Alex, highlighting a potentially influential role in US elections. The 92-year-old philanthropist, known for his significant donations to Democratic causes, addresses concerns over a potential return of Donald Trump. Soros’ decision sparks intrigue and speculation about the future of his vast financial and political influence.”

Business

Jun 12, 2023

Sriram Krishnan will lead the opening of Andreessen Horowitz’s first international office in London-thumnail

Sriram Krishnan will lead the opening of Andreessen Horowitz’s first international office in London

The company said in a statement that the London office, which will open later this year, will engage with institutions in the UK and assist the development of blockchain technology and entrepreneurs. It will be overseen by one of the firm’s general partners, Sriram Krishnan.

Business

Jun 12, 2023


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