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CORPORATE OBFUSCATION
One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...- Word of the Day: PerspicuityWord of the day: English offers many terms for clarity, yet perspicuity stands apart for its formal dignity and philosophical resonance. It...
- Mind the wall when making a U-turnWalmart scaled back its DEI initiatives. The company faced criticism for its vague response. The response recalled Zomato's controversial h...
- Delhi HC dismisses Amtek Group promoter's plea seeking quashing of his arrestThe Delhi High Court dismissed Arvind Dham's plea to quash his arrest by the Enforcement Directorate in a Rs 2,700 crore bank fraud case. T...
- Moody's report flags seven indicators highlighting risks in corporate structuresIndia and South Asia have the most firms with circular ownership concerns like hidden shareholders in a company, indicating risky shell com...
- These two business tycoons bought Adani shares amid short seller fightThe participation by some of India’s biggest corporate names, some with potentially rival business interests, comes as the Hindenburg Resea...
- More tax receipts without raising ratesFor US MNCs alone, corporate profit shifting to tax havens has risen from 5-10% of the gross profits in the 1990s to 20-30% now. The practi...
- Emerging cyber threat predictions in 2021The coming year will see cyber defenders having to seek new ways to protect data, according to cybersecurity firm Cyfirma.
- AMU's bank account seized after varsity failed to pay property tax of over Rs 14 crore"There was property tax due of around Rs 14.83 lakh crore of Aligarh Municipal Corporation on AMU. The dues were pending for the last 8 to ...
- Cyber agency alerts against ransomware attacks of 'Egregor' virusThe agency also suggested some counter-measures to keep safe from such ransomware attacks.
- Sebi must blacklist board members, officials found guilty of governance deficit: Narayana MurthyStating that a corporation must provide total protection to whistleblowers against vendetta by the bosses, Murthy said an important duty of...
- Razed illegal alterations, Kangana obfuscating issue: BMCRanaut's lawyer Rizwan Siddiqui claimed the BMC had damaged the property, leading to water and electricity connections getting disrupted. “...
- Growing up is hard! Lessons in IPO survivalOften growing losses in tech businesses are seen by private investors as smoke signals.
- WeWork plans IPO roadshow as soon as next weekWeWork, which filed to go public last month, is targeting a share sale of about $3.5 billion, a person familiar with the matter said in Jul...
- NBFCs seeking to pass off governance, solvency issues as liquidity problem: Uday Kotak"India needs to do significant capacity building in its economic and financial sectors"
- Next gen cyberattacks will rely on vulnerabilities in 2018: Trend MicroAs information technology and operational technology (IT/OT) continue to converge, enterprise applications and platforms will be at risk of...
- Banks tie up with startups for novel payment solutionsBanks such as RBL Bank, IndusInd Bank and Yes Bank have opened up their APIs so that their systems could be directly integrated with the ba...
- Banks don’t lend; they invest in mutual fundsThe RBI governor wants moral suasion to stop banks from putting their money in mutual funds.
- Telecom scam: Go after the corruptTo stop corruption, the govt should amend its flawed policy as well.
- Taxing Trapping: Wealth tax collection costs half as muchThe wealth tax rate is 1%, so the wealth that is taxed amounts to just Rs 42,500 crore, less than one per cent of the value of India's tota...
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