Elara Capital sees 66% upside in this smallcap stock, initiates coverage with ‘buy’ ratingSmallcap firm Genesys International is poised to leverage India’s estimated ₹29,300 crore geospatial market by 2030, according to domestic ...
26 Nov, 2024, 02.42 PM IST
Crypto firm Genesis Global Trading to pay $8 million penalty, surrender NY licenseGenesis - a cryptocurrency market-maker and brokerage firm - failed to maintain an effective compliance program for anti-money laundering a...
12 Jan, 2024, 09.38 PM IST
Crypto firm DCG says Genesis' agreement with creditors to result in 70-90% recoveryGenesis, which filed for bankruptcy protection in January and owes at least $3.4 billion to creditors, reached an in-principle agreement on...
13 Sep, 2023, 08.27 PM IST
Genesis Global Capital seeks to recoup over $600 million unpaid loans from DCGGenesis said recovering the unpaid sums would offer a "significant benefit" to its bankruptcy estate, but that DCG is "wrongfully in posses...
07 Sep, 2023, 11.52 AM IST
Crypto group DCG says bankrupt unit Genesis' creditors renege on dealDCG, a conglomerate in the digital asset space, had been looking to sell Genesis to repay some of the $3.4 billion, at a minimum, it owes c...
25 Apr, 2023, 07.03 PM IST
Crypto exchange Gemini to lay off 10% of staff: reportCrypto firms are off to a rocky start in 2023, with major players such as Coinbase Global Inc cutting jobs and Genesis Global Capital, the ...
24 Jan, 2023, 10.49 AM IST
Crypto lender Genesis files for Chapter 11 bankruptcyGenesis said that its other subsidiaries involved in the derivatives and spot trading and custody businesses and Genesis Global Trading are...
20 Jan, 2023, 09.59 PM IST
Lending unit of crypto firm Genesis files for US bankruptcyGenesis Global Capital, one of the largest crypto lenders, froze customer redemptions on November 16 after FTX stunned the financial world ...
20 Jan, 2023, 11.10 AM IST
Crypto empire DCG faces US investigation over internal transfersProsecutors have started requesting interviews and documents, one of the people said. The Securities and Exchange Commission is also conduc...
08 Jan, 2023, 09.54 AM IST
Crypto broker Genesis owes Gemini's customers $900 million: reportCrypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month's failure of Sam Bankman-Fried's FTX cryp...
03 Dec, 2022, 07.52 PM IST
US crypto broker Genesis says it is working to avoid bankruptcy filing"Our goal is to resolve the current situation in the lending business without the need for any bankruptcy filing," a Genesis spokesperson s...
30 Nov, 2022, 10.59 AM IST
Crypto broker Genesis taps insider as interim chief, cuts jobs by 20%Islim is replacing Michael Moro, who is stepping away from the CEO role effective Wednesday, the company said.
17 Aug, 2022, 10.53 PM IST
L Catterton tears ties with Genesis Luxury, sells 40% stake to rival Reliance BrandsThe unprecedented move, which left Genesis founders and investors stunned, is poised to change the dynamics of the business.
13 Sep, 2017, 05.04 PM IST
Sahara in talks to buy stake in Genesis LuxurySahara stepped into the fray after Genesis sought an exit for financial investor L Capital, which owns a 42% stake in the company.
01 Nov, 2013, 11.21 AM IST
LVMH-owned Sephora may dump Genesis Colors, in talks with DLF Brands for new franchise partner in IndiaThe spat between LVMH-owned private firm L Capital Asia and Genesis Colors may lead to Sephora finding itself a new franchise partner in In...
14 Oct, 2013, 04.00 AM IST
L Capital Asia keen to exit Genesis LuxuryL Capital Asia wants to exit the company and has asked its founder to either buy out its 40% stake or sell the luxury brands marketing firm.
25 Sep, 2013, 03.55 AM IST
- L Capital to pick up 15% more stake in Genesis Luxury Fashion
As per negotiations between the entities, the second tranche of investment is expected to close over the next 12-36 months.
01 Aug, 2011, 04.27 AM IST