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PYRAMID COLLAPSE
Nithin Kamath recalls falling for a pyramid scheme, warns retail investors against 'easy money' promisesZerodha co-founder Nithin Kamath shared his past entanglement with a pyramid scheme in his late teens, emphasizing that wealth building req...- Bitcoin crashes 50%: Should you buy the dip or stay away from crypto?Investors must weigh extreme volatility, uncertain cycles and India’s harsh tax rules before adding exposure.
- Computer science is losing its exemption: Everyone can code nowA popular pyramid model for computer science professions is flawed. For decades, skill alone determined success in tech. Now, Artificial In...
- Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
- In 2003, archaeologists investigating storm damage near a Mexican pyramid found a hidden tunnel that reframed Teotihuacan’s sacred worldHeavy rains in 2003 unexpectedly revealed a hidden tunnel at Teotihuacan. This ancient site near Mexico City yielded thousands of ritual ar...
- 'Hospital infra isn't sole determinant of better care, outcomes also matter,' says Max Healthcare ChairmanMax Healthcare has significantly increased its bed capacity to 6,500 with a new Saket facility. This expansion targets both domestic patien...
- Third Eye: Left wondering, on lighter note and coconut weaponFormer Navy chief Admiral Hari Kumar's abrupt resignation as chairman of the National Maritime Foundation has puzzled the Naval community. ...
- 1000-year-old pyramid in Mexico partially collapsed due to rains, drought, heat. Details hereA pyramid in Mexico has been damaged partially due to rains, and other climate-related events.
- Rose Valley chairman Gautam Kundu arrested by EDRose Valley raised money in the guise of hotel bookings luring depositors promising hefty returns like any other money circulating scheme o...
- Don't fall prey to promises of multi-level marketing firms: RBIRBI said investors should not fall prey to these kind of unscrupulous entities as the pyramid structure mandates all members to enroll more...
- Will Indian IT companies' business model become stagnant?Indian IT cos, which rode outsourcing wave, may lag a bit while becoming sustainable corporations says mgmt guru Stuart L Hart.
- Now, Madoff family to be sued over missing billionsBernard Madoff claims he ran his multi-billion-dollar Ponzi scheme alone, but his close family will be sued this week in a widening probe, ...
- Madoff family to be sued over missing billions: trusteeBernard Madoff claims he ran his multi-billion-dollar Ponzi scheme alone, but his close family will be sued this week in a widening probe, ...
- Credit Suisse clients lost 1 bn francs in Madoff scamClients of Switzerland's second biggest bank Credit Suisse have lost up to a billion Swiss francs in the alleged pyramid scheme of Wall Str...
- Madoff firm to be sold offUS authorities said Monday they were liquidating Bernard L. Madoff Investment Securities LLC of New York, following his arrest for alleged ...
- Man Group says $360 mn invested with MadoffBritain-based hedge fund manager Man Group said on Monday it had 360 million dollars (270 million euros) invested in two funds with the sca...
- HSBC refuses comment on report of $1.5 bn Madoff exposureGlobal banking giant HSBC declined to comment on a report it had a potential exposure of $1.5 bn to an alleged fraud scam by NY trader Bern...
- Nomura says it could lose $ 302 mn in Madoff scandalJapan's top broker Nomura said on Monday it faced losses of up to 27.5 billion yen (302 million dollars) due to the scandal surrounding New...
- Rich and powerful investors top Madoff's fraud victims: ReportMadoff cultivated an exclusive list of investment clients including big banks, hedge funds and individuals.
- Memphis MarvelsThe pyramids and ancient art works around the sites of Memphis, Saqqara and Dahshur in Egypt mesmerise people.
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