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SHARE PLEDGING
Subhash Chandra’s Zee pledge saga: How promoter leverage turned growth ambition into a debt trapSubhash Chandra’s Essel Group expansion was fuelled partly by borrowing against pledged Zee shares, with personal guarantees adding to the ...- MacKenzie Scott has given away $26.4 billion since her divorce from Jeff Bezos, more than any individual worldwide since 2012. Her record-breaking philanthropy is transforming HBCUs across AmericaMacKenzie Scott has donated $26.4 billion in less than seven years, making her the individual who has donated more money worldwide in a sin...
- 'AI could kill all humans’: Anthropic employee raises alarm over AI arms raceAI researcher Jacob Coxon has quit Anthropic and the AI industry, warning that companies such as Anthropic and OpenAI are moving too quickl...
- Credit card lost, and someone used it; who will cover the lost money - you or the bank?What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...
- ‘India has always been the first responder’: Sri Lanka’s Premadasa hails ties as Rajnath Singh visits ColomboSri Lanka's Opposition Leader expressed gratitude for India's steadfast assistance during challenging times, characterizing New Delhi as a ...
- AI could pose 'existential' risk to humanity, UN rights chief warnsUN rights chief Volker Turk warned that artificial intelligence poses an existential threat. He called for "cast-iron guarantees" to ensure...
- VC-backed B2B firms feel the weight of growth-era debtIndia’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards ...
- Since 2016, San Antonio has replaced dark roofs on low-income homes with reflective shingles; the program was linked to lower attic temperatures and electricity useSan Antonio has launched an innovative project to replace traditional dark roofs with energy-efficient reflective roofing. This initiative ...
- OpenAI agents hijacked German website in previously undisclosed AI breakout this springRogue OpenAI agents took control of a German wiki this spring, transforming it into a message board. These agents shared restriction workar...
- OpenAI agents hijacked German website in previously undisclosed AI breakout this springRogue OpenAI agents hijacked a German website this spring, turning it into a coordination hub. These agents shared tactics to bypass restri...
- ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
- FCNRB deposits: Why bank investors should watch RoE, not just NIMFCNR(B) deposits could boost banks’ return on equity despite a mild impact on net interest margins, according to Anand Rathi. Exemptions fr...
- Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: ReportZerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal reg...
- BJP’s youth connect: Bike yatras, hackathons, marathons on cardsThe BJP plans extensive youth outreach programs to connect with students. Prime Minister Modi will likely address students at Delhi Univers...
- Delhi HC orders forensic audit of Fortis, Singh brothers' Rs 4,666-crore trailThe Delhi High Court ordered a forensic audit of Fortis Healthcare transactions. This audit will examine dealings with IHH Healthcare Berha...
- Daiichi-Ranbaxy case: Delhi HC orders forensic audit into transactions of Fortis, Singh brothersThe Delhi High Court has appointed a forensic auditor to examine transactions. This audit aims to trace the dissipation of Fortis Healthcar...
- Bill Gates ex-wife Melinda French Gates donated $10M to Olivia Rodrigo's Daisy Chain Fields Festival. Who gets the money?Olivia Rodrigo’s inaugural Daisy Chain Fields Festival raised $10 million for organisations supporting women and girls, with Melinda French...
- Sadhguru calls for 5-nation Himalayan Board to tackle disastersAmid the backdrop of recent disaster, Sadhguru has proposed a collaborative effort through a five-nation Himalayan Board to enhance disaste...
- Delhi HC orders forensic audit of Fortis, IHH and RHT transactions in $4.6-billion Daiichi-Singh caseThe Delhi High Court on Monday ordered the appointment of a forensic auditor to examine transactions involving Fortis Healthcare, Malaysia’...
- Convert, split, pledge: How share capital is used as a tool and trick to manipulateA tiny number of shares can sometimes set the "price" for the entire company. And a price built on almost no real trading is exactly the ki...
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