Lawyers win big in $787.5 million Fox defamation caseAt least 31 lawyers from nine different firms were involved in Dominion Voting Systems' $787.5m settlement with Fox Corp, which marked the ...
20 Apr, 2023, 04.16 PM IST
US adds two B-1B Lancer heavy bomber jets at Aero IndiaMajor General Julian C Cheater, Assistant Deputy Under Secretary of the Air Force, International Affairs, said, "The B-1 offers flexible op...
14 Feb, 2023, 05.50 PM IST
Artificial intelligence: The new face of educationThe pandemic actually gave us a whole new perspective on online learning. With the online meets replacing actual classes, both the students...
03 Nov, 2021, 09.33 AM IST
Robinhood fined $70 mn for harming 'millions' via misleading info, outagesThe broker, which has been credited with democratizing trading, is under scrutiny by federal and state policymakers following this year's m...
01 Jul, 2021, 08.41 AM IST
Tech Mahindra divests 73.38% stake in subsidiary to US-based Resolve Systems for $2 millionThe transaction is expected to be completed by November 15, 2019.
18 Aug, 2019, 04.30 PM IST
Avenue Cap to pick up majority stake in Arcil for Rs 1,000 croreKnown for its deals in the distressed debt space, Avenue Capital will pump in about Rs 1,000 crore to acquire the stake, said one of the pe...
23 Jul, 2018, 07.38 AM IST
Bitter, protracted courtroom battles are bogging down India's insolvency resolution pushThe successful resolution of about $210 billion in stressed loans is crucial to PM Modi's efforts to clean-up the balance sheets of state-r...
14 May, 2018, 04.31 PM IST
Bankruptcies are booming in India, but where are the judges?Quick resolution is critical for Modi's attempts to end the simmering crisis. But his efforts are badly hamstrung by the lack of a most bas...
25 Apr, 2018, 04.50 PM IST
Bad-debt pioneer has a warning for bargain hunters in IndiaIndia is embarking on its most far-reaching effort to break up distressed corporate borrowers.
29 Nov, 2017, 07.29 PM IST
'Dirty dozen' debtors lure big funds to their bad loansIndia's 12 large debtors that have been ordered to go through bankruptcy courts are in focus for funds. Some global debt funds increasingly...
23 Nov, 2017, 04.23 PM IST
For India, it’s a $207 billion mess. For Uday Kotak, it's a once-in-a-lifetime opportunityKotak, the seventh richest person in India and Asia's wealthiest banker, said the govt’s move to resolve the bad-debt crisis is a watershed...
21 Nov, 2017, 09.39 AM IST
Nimesh Kampani-backed JM Financial eyes aviation, defence sectors with Seabury tie-upBoth companies will seek to leverage their client relationships, as well as their regional and domestic expertise in a mutually beneficial ...
18 Aug, 2015, 05.52 AM IST
Delhi Law Minister Somnath Bharti was once unethical spammerBharti's name is linked to a tech firm that spammed website owners and tried to make them pay for directory services they never solicited.
02 Feb, 2014, 10.44 AM IST
Delhi law minister Somnath Bharti was once unethical spammerLong before Somnath Bharti ventured into politics, he ran a business on the web that many allege was "unethical" and operated in the "grey ...
02 Feb, 2014, 03.05 AM IST
- Job losses reflect economy in recession: Bush
President George W. Bush on Friday said he was concerned about the more than 500,000 US jobs lost in November as the economic recession dee...
06 Dec, 2008, 08.58 AM IST
- World leaders pledge financial reform as gloom deepens
US President Bush has urged nations to recommit to free markets despite the turmoil. 2008: Year of global crisis | Survive crisis I World's...
26 Oct, 2008, 02.45 AM IST
- BNP, Indian executive in dock for data theft
Thomas Weisel, a US-based investment banking outfit, has sued BNP Paribas and one of its Indian employee in California court alleging data ...
09 Aug, 2008, 12.07 AM IST