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CORPORATE RUMOURS
Operation Tiger turns real: Two Shiv Sena (UBT) MPs confirm switch to Shinde-led Shiv SenaTwo Shiv Sena (UBT) Lok Sabha MPs, Nagesh Patil Ashtikar and Omprakash Raje Nimbalkar, have defected to the Eknath Shinde-led faction, citi...- Fully prepared for smooth, secure conduct of NEET-UG re-exam: NTAThe agency said it is closely monitoring social media and taking firm action against rumour-mongering and fraudulent "paper leak" claims, w...
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
- Yatra founders explore stake sale as consolidation buzz swirls in online travelYatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel...
- Haryana: Internet services to be suspended on May 30 in Faridabad ahead of demolition driveMobile internet and bulk SMS services are suspended in a Faridabad zone on May 30. The Haryana government issued the order to maintain publ...
- Is there a curfew in Pune today? Here's what police said amid social media claimsPune Police have clarified that no city-wide curfew is in effect, debunking social media rumors of a 14-day lockdown. Officials stated that...
- Petrol-diesel panic in Odisha: Hundreds queue up outside fuel stations; bikes allegedly given fuel worth only Rs 200Long queues formed at petrol pumps across Odisha due to rumours of a fuel shortage. Panic buying intensified after a price hike. Commuters ...
- Quote of the day by Lou Simpson: "Attempting to guess short-term swings in individual stocks, the stock market or the economy is not likely to produce consistently good results. Short-term developments are too unpredictable."Legendary investor Lou Simpson emphasised that predicting short-term market swings is unlikely to yield consistent results due to inherent ...
- The Boys Season 5 episode 7 OTT release date and time in India: When and where to watch Emmy-winning superhero hit series in HindiThe Boys Season 5 Episode 7 is set to release today (May 13), continuing the weekly drop format. Following Homelander's newfound immortalit...
- Quiet moves by corporate giant spark buzz in India’s alcobev and drinks industryIn a surprising turn of events, a prominent Indian firm is said to be eyeing the bustling beverage market. With a series of discussions inv...
- Omar Abdullah says J&K’s dual power structure a ‘recipe for disaster’Jammu and Kashmir Chief Minister Omar Abdullah calls for full statehood, deeming the current administration the worst. He notes progress in...
- 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...
- Let us act responsibly, support seamless fuel availability for all: Indian Oil Chairman cautions against panic buyingIndian Oil Corporation Chairman Arvinder Singh Sahney urged the public to act responsibly and disregard unverified rumors of petrol and die...
- No fuel shortage, say oil firms; urge public to avoid panic buyingIndian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd said there is no shortage of petrol, diese...
- Sebi's rumour verification rule and its implicationsA new Sebi rule requires top listed companies to confirm, deny, or clarify market rumours reported in mainstream media, focusing on materia...
- India's top 100 listed companies must verify market rumours in 24 hoursStarting June 1, the top 100 listed companies must confirm or deny market rumors in mainstream media within 24 hours. The rule aims to prev...
- Formation of Industry Standards Forum by SEBI – a pragmatic era in regulation implementationIn a novel, unique and constructive move it has invited three of the main industry associations to together form an Industry Standards Foru...
- Sebi extends timeline for mandatory verification of market rumours by listed entitiesSebi had in March this year approved a proposal to verify market rumours to strengthen corporate governance and disclosure framework. The m...
- Suits & Sayings: Difficult time for start-up's poster boy; pharma scion avoids limelight after liquor trade controversy; Delhi's entrepreneur couple plans exotic Bali getawaySome fund managers are set to take a break for the F1 race next weekend in Singapore.
- Infibeam complains to IT Minister and Sebi about WhatsApp messageA WhatsApp message led to large sell-off in Infibeam shares, a 71 per cent fall in price to Rs 57.90.
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