Rajeev Misra must be doing something rightRajeev Misra’s impressive fundraising should thus serve as a lesson for hedge fund managers. These days, you don’t have to be good, but you...
20 Jul, 2022, 10.29 AM IST
Israeli private detective used Indian hackers in job for Russian oligarchs: court filingIndependent journalist Scott Stedman told a court in New York that jailed private detective Aviram Azari worked "on surveillance and cyber-...
28 May, 2022, 08.48 PM IST
SoftBank founder Masayoshi Son loses $25 billion in tech's brutal winterFrom China’s tech crackdown to Russia’s invasion of Ukraine, inflation to the markets, a litany of troubles has beset Masayoshi Son and his...
16 Mar, 2022, 09.39 AM IST
Singapore’s Nium to acquire Wirecard’s forex unit in IndiaThe acquisition of Wirecard Forex will mark Nium’s entry into the Indian market, where it will directly engage in a variety of payment serv...
07 Jul, 2021, 09.55 AM IST
Wirecard’s Indian deal started with ‘fraud’, UK judges sayThe transactions in 2015 are being scrutinised in courts in London and Chennai, with the former minority holders of Hermes I-Tickets Pvt. L...
03 Mar, 2021, 03.13 AM IST
Short sellers got crushed in 2020 as Tesla, Moderna soaredA monthly index of short-selling hedge funds is down 32% this year through October, according to data provider Hedge Fund Research.
10 Dec, 2020, 08.44 PM IST
Why the Wirecard Scandal is relevant for India - Chapter 2: Need to protect the whistleblowerA review of the history of the Wirecard scam reveals that the questionable conduct of its business operations, the unaccounted high volume ...
12 Sep, 2020, 11.01 AM IST
Why the Wirecard scandal is relevant for India - Part 1: Regulators and fintech boomCOVID-19 pandemic, the enthusiasm for fintech services and fintech software in daily transactions involving monies has been palpable everyw...
05 Sep, 2020, 12.14 PM IST
UK watchdog asks big 4 to separate audit practicesAuditors are under greater regulatory scrutiny than ever after a serious of high-profile lapses in recent years, with Ernst & Young's role ...
06 Jul, 2020, 11.46 PM IST
Pine Labs eyes Asia operations of sinking WirecardAt least four major payment deployers, including Hitachi Payments and Atos-backed Wordline Technology, have made enquiries about its sale, ...
04 Jul, 2020, 08.57 AM IST
Implosion of high-flying billionaire trio shows pledging risksPledging is big in Asia, where state-owned banks dominate financial markets and high-growth companies are more common. Tycoons in China and...
03 Jul, 2020, 09.27 AM IST
New woes for SoftBank's Son: Wirecard may go the WeWork wayAs Wirecard drama unfolds, it may well turn into this year's WeWork, another PR disaster for Son.
02 Jul, 2020, 12.14 PM IST
Scandal-hit Wirecard files for insolvencyWirecard AG filed for insolvency, the culmination of a stunning accounting scandal that led to the arrest of its CEO and left the German pa...
26 Jun, 2020, 04.08 AM IST
Wirecard deal shows Masayoshi Son's no simple opportunistAssuming Wirecard gets past its legal issues, it looks like Masayoshi Son has once again combined good planning with fortuitous timing to c...
25 Apr, 2019, 02.43 PM IST
European shares dip as China policy concerns temper earnings boostResults from Credit Suisse will be followed by those from UBS Group AG and Barclays on Thursday and Deutsche Bank on Friday.
24 Apr, 2019, 02.03 PM IST
Wirecard stock slides on India report, sell callWirecard shares extended early losses and dropped as much as 10 percent in Frankfurt on Friday.
15 Mar, 2019, 07.59 PM IST
Cryptocurrency up 695% on deal with Visa that didn't happenMonaco announced mobile application along with plans to debut five different payment cards.
03 Oct, 2017, 03.47 PM IST