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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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14.12 / 05:39
markets
Provident
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Investigations
J-K: Doda Police file chargesheets against 7 accused in UAPA cases
Jammu and Kashmir Police have filed chargesheets against seven accused persons in Doda district in two separate cases under the Unlawful Activities (Prevention) Act (UAPA). The chargesheets were presented on Friday before the NIA Court in Doda for judicial determination, said the police. Giving details SSP Doda, Sandeep Mehta said that all these accused persons have covertly or overtly supported the militant groups in the Doda district by providing them food and other logistics.
14.12 / 05:39
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ED restitutes assets worth Rs 4025 cr to JSW
JSW, which was a Successful Resolution Applicant to the assets of erstwhile Bhushan Power and Steel Ltd under the Insolvency and Bankruptcy Code (IBC) corporate resolution process (CIRP), the agency said on Saturday. The assets were initially provisionally attached by the ED under Section 5 of the Prevention of Money Laundering Act (PMLA). The attachment was made after investigations revealed that the former promoters of Bhushan Power and Steel Ltd had defrauded banks and diverted funds for private investments. The restitution was made under the second proviso to Section 8(8) of PMLA (restitution pending trial) read with Rule 3A of PMLA Restoration of Property Rules, with the approval of the Supreme Court on December 11 this year.
14.12 / 04:25
markets
Twitter
Digital
SEC
Software
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Investigations
Elon Musk has until Monday to respond to SEC Twitter settlement, source says
Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters. The development, which signals the investigation may be nearing a conclusion, is the latest salvo in a year-long public feud between the top U.S. markets regulator and the world's richest man. Musk on Thursday posted on X a copy of a letter sent by his lawyer to SEC Chair Gary Gensler saying the agency had given Musk 48 hours to agree to pay a penalty to settle the probe or face civil charges, and demanding to know whether Gensler was personally behind the development.
14.12 / 04:25
14.12 / 04:25
markets
Digital
Software
information
Schools
Courts
Investigations
Several Delhi schools receive fresh bomb threats, day after similar alerts
Delhi Police said. «Today again Delhi Schools including DPS RK Puram, Ryan International School, Vasant Kunj received a bomb threat email,» Delhi Police said. According to the police a group mail was received by the schools at 6:12 am today.
14.12 / 04:25
markets
Citi
Digital
Software
RAI
reports
Sporting
Manchester United head coach Ruben Amorim says he had "no doubts" about joining team ahead of derby clash
Manchester United head coach Ruben Amorim affirmed that he had no doubts about taking over at Old Trafford ahead of the upcoming Manchester derby in the Premier League, reported Sky Sports. Before signing a contract with Manchester United, Amorim was rumoured to be linked with the Red Devils' bitter rival Manchester City. Amorim was considered to be a potential candidate to replace current head coach Pep Guardiola. Since then, Guardiola committed his future to Manchester City, and recently, Amorim underlined that he was only focused on becoming United's new head coach.
14.12 / 04:25
markets
Digital
Software
Experts
War
peace
Syrians celebrate Assad's fall as US seeks a peaceful political transition
Assad was overthrown, a major symbolic moment for the country's dramatic change of power. The rebels are now working to establish security and start a political transition after seizing the capital on Sunday. U.S. Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday, pressing ahead with efforts to unify Middle East nations in support of a peaceful political transition in Syria. It's part of Blinken's 12th trip to the Mideast since the Israel-Hamas war erupted last year in Gaza but his first after Assad was ousted. The U.S. is also making a renewed push for an ceasefire in Gaza, where the war has plunged more than 2 million Palestinians into a severe humanitarian crisis.
14.12 / 04:25
markets
Digital
Software
Death
Actor
Experts
Courts
"Thanks to all who supported me": Allu Arjun expresses gratitude after bail in Sandhya theatre case
Chanchalguda Central Jail on Saturday, after being granted interim bail by the Telangana High Court on December 13. This came after the actor was arrested in connection with a tragic incident that occurred during the premiere of his movie 'Pushpa 2: The Rule' at the Sandhya Theatre on December 4. The actor was granted bail after furnishing a personal bond of Rs 50,000.
14.12 / 04:25
UPS
Extreme
film
Actor
love
Courts
Allu Arjun gets bail, breaks silence for 1st time on his arrest, promises to help stampede victim's family in every way
Allu Arjun, who was previously detained in relation to the unfortunate demise of a woman during a stampede at Sandhya Theatre in Hyderabad during the screening of his recent film 'Pushpa 2: The Rule', has been granted bail after spending a night in custody. The superstar has finally broken the silence on the entire fiasco. In a media interaction, the ‘Desamuduru’ actor summed up the whole ordeal as “unfortunate.” He also pledged support to the dead fan’s family. “I thank everyone; this incident was very unfortunate; we are extremely sorry whatever happened; we are with the family; this never happened with anyone; I am there to support the family in every way; I am thankful to everyone." He also maintained that he had full faith in the legal system. “I believe in law; it’s very challenging situation for the family. I thank everyone for their love and support. I am here only because of your love,” he said.
14.12 / 04:25
markets
UPS
IPO
Manufacturing
Analysis
Trade
band
IPO Calendar: 4 new issues, 9 listings to watch out for next week as 2024 draws to a close
primary market is sustaining the strong momentum seen throughout the year with 4 new IPOs opening for subscription next week. These include two in the mainboard segment from Mamata Machinery and Transrail Lighting. Apart from the new issue openings, the Street will see as many as 9 listings, of which three will be from Mobikwik, Vishal Mega Mart and Sai Life Sciences.
14.12 / 04:25
markets
COST
Digital
Software
rights
PKC-ERCP project: Ashok Gehlot demands MoU to be made public
Congress leader and former Chief Minister Ashok Gehlot on Saturday demanded that the Memorandum of Understanding (MoU) signed between Rajasthan and Madhya Pradesh governments regarding the PKC-ERCP link project be made public. He said that the newly signed agreement was being kept a secret and people had the right to know whether this project would be beneficial. This comes as Prime Minister Narendra Modi is set to lay the foundation stone for the Modified Parbati-Kalisindh-Chambal-Eastern Rajasthan Canal Project (PKC-ERCP) on December 17. «The opposition has demanded that the MoU signed between Rajasthan and Madhya Pradesh government under PKC-ERCP (Modified Parbati-Kalisindh-Chambal-Eastern Rajasthan Canal Project) should be made public. People have the right to know whether this project will be beneficial for Rajasthan. The newly signed agreement is being kept a secret. It is being said that the new scheme doesn't have provision for irrigation which was there in the earlier ERCP scheme,» Gehlot told ANI.
14.12 / 04:25
markets
UPS
Analysis
Research
wellness
Trade
Experts
Mind Over Money: From portrait sketching to behavioural science: The multifaceted life of Ajit Menon
Mind Over Money, Ajit Menon, CEO of PGIM India Mutual Fund, shares insights as a dynamic leader who seamlessly blends creativity, empathy, and innovation to drive growth while fostering a culture of trust and empowerment. With decades of experience in capital markets, he emphasizes the importance of holistic well-being, believing that a fit body fosters a fit mind.
14.12 / 03:13
UPS
wellness
Olympics
hockey
FIH
Meet Indian hockey's next gen drag flick champions
Subscribe to enjoy similar stories. Over the past few weeks, Indian hockey has enjoyed two success stories with a similar storyline, threaded by a common link. At the Women’s Asian Champions Trophy in November, India were favourites as defending champions.
14.12 / 03:09
markets
Digital
CEO
Strategy
Software
President
donates
OpenAI's Sam Altman to donate $1 million to Trump's inaugural fund
OpenAI said Friday that its CEO, Sam Altman, was planning to donate $1 million to President-elect Donald Trump's inaugural fund, joining a number of tech companies and executives who are working to improve their relationships with Trump. «President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,» Altman said in a written statement sent to The New York Times. His planned donation was first reported by Fox News.
14.12 / 03:09
markets
Digital
Aviat
Strategy
Software
Celebrity
International
Civil aviation minister Rammohan Naidu unveils centenary celebrations logo of Kolkata airport
Rammohan Naidu on Friday unveiled the centenary celebrations logo of Netaji Subhash Chandra Bose International Airport (NSCBI Airport) in Kolkata. «Kinjarapu Rammohan Naidu, Hon'ble Union Minister of Civil Aviation has unveiled the official logo to mark 100 years of glorious service of Netaji Subhash Chandra Bose International Airport (NSCBI Airport), Kolkata today,» as per an official release. The logo launch event was graced by Vumlunmang Vualnam, Secretary, MoCA; Vipin Kumar, Chairman, Airports Authority of India (AAI) and other senior officials of MoCA and AAI.
14.12 / 03:09
markets
UPS
SUN
Software
Gemini
Experts
Geminid Meteor shower peaks: A celestial spectacle you can’t miss; All you need to know
Geminid meteor shower, one of the year’s most spectacular cosmic events, is set to peak on December 14-15, 2024. Known for its bright and fast streaks of light, this shower can produce up to 120 meteors per hour under perfect conditions. However, the near-full moon during the peak may reduce visibility, allowing for about 15 meteors per hour in most areas. This celestial show is unique as it originates from an asteroid rather than a comet, adding an extra layer of intrigue for stargazers. Viewing opportunities are available worldwide, with clear skies offering the best chance to experience the spectacle.
14.12 / 03:09
markets
BLOCK
Platform
Software
WSJ
reports
Schools
Meta urges California attorney general to stop OpenAI from becoming for-profit: reports
Meta Platforms is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday. In a letter to Attorney General Rob Bonta dated Thursday, Meta said that allowing OpenAI to become a for-profit company would set a dangerous precedent of allowing startups to enjoy the advantages of nonprofit status until they are poised to become profitable, WSJ reported. «OpenAI's conduct could have seismic implications for Silicon Valley. If OpenAI's new business model is valid, non-profit investors would get the same for-profit upside as those who invest the conventional way in for-profit companies while also benefiting from tax write-offs bestowed by the government,» the WSJ report quotes Meta as saying in the letter.
14.12 / 03:09
markets
CEO
Apple
Software
President
donates
Donald Trump hosts Apple CEO Tim Cook at Mar-a-Lago as big tech leaders continue outreach to president-elect
Cook is the latest in a string of big tech leaders — including OpenAI's Sam Altman, Meta's Mark Zuckerberg and Amazon's Jeff Bezos — who have sought to improve their standing with the incoming president after choppy relations with Trump during his first term. Trump has said he has spoken with Cook about the company's long-running tax battles with the European Union.
14.12 / 03:09
markets
Digital
Strategy
Software
Death
Research
Schools
OpenAI whistleblower Suchir Balaji found dead in San Francisco apartment
Suchir Balaji, a former researcher at OpenAI and a whistleblower who raised concerns about copyright breaches in the development of generative AI, was found dead in his San Francisco apartment on November 26. According to the San Francisco police and Medical Examiner's Office, the 26-year-old’s death has been ruled a suicide, with no evidence of foul play. Balaji’s passing has added urgency to the ongoing debates over the ethical and legal implications of AI development.
14.12 / 03:09
markets
UPS
Analysis
Trade
electronic
reports
ICICI Bank may sell 19% in IMSPL to First Data for up to Rs 190 crore
ICICI Bank, India's second largest private lender, Friday said it may realise ₹160-190 crore from the sale of a 19% stake in ICICI Merchant Services to Netherlands-based First Data Holdings 1 (Netherlands) BV. «The board of directors of ICICI Bank at its meeting held today, approved a proposal for sale of a 19% stake held in ICICI Merchant Services (IMSPL), an associate of the bank, subject to receipt of requisite approvals,» the lender said in an exchange filing.
14.12 / 03:09
markets
Manufacturing
security
Analysis
Election
Trade
Cycling
Infra, mfg, commodity stocks may gain in 2025 on demand revival
investment demand in 2025, according to ICICI Securities. There are signs of bottom formation and recovery in commodity prices such as cement, metals and oil, along with gross refining margins of oil companies, the brokerage said in a note to clients.
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