City Boston Financial News

BENGALURU , MUMBAI : In a rare case of a business family scion exiting the board of another family-owned company, Nisaba Godrej has resigned as an independent director from the board of VIP Industries Ltd. The development comes over differences in succession planning with Dilip Piramal, the founder-chair of the country’s second-largest luggage maker, which had a market capitalization of $830 million on 5 June. “As discussed, due to my differing view on leadership accountability and succession planning, I will be resigning from the Board effective June 3rd, 2024," Godrej, who is the executive chairperson of Godrej Consumer Products Ltd (GCPL), said in her resignation letter to Piramal, according to a disclosure made by the company to the exchanges.

Internet in India Report 2023 report by not-for-profit industry body Internet and Mobile Association of India (IAMAI) showed that internet users in India have crossed the 800 million mark. Ninety per cent of them use the internet daily, spending an average of 1.5 hours. Apart from consuming OTT content, communication remains one of the top activities done on the internet in India.

Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years

Stocks that traded heavily or had substantial price changes on Monday: Autodesk, Coherent rise; Waste Management, Hertz Global fall

Temu, a popular marketplace where consumers can buy direct from factories overseas at cheap prices, is drawing concerns from lawyers and privacy experts who allege the shopping app can be “invasive” for unwitting users.

Federal officials are looking into yet another close call between planes, this one at Reagan National Airport near Washington, D

EBAday has provided this to the Finextra and EBA community, year on year, for 18 years and will again in Lisbon at the CCL from 18-19 June 2024, leading the conversation on orchestrating the dialogue on payments and the advantages of collaboration.

Los Angeles Lakers are without a head-coach after La Lakers sacked David Ham. This came after LeBron James's impeccable success and Anthony Davis' heroics couldn't take NBA's most decorated team to conference finals. Now, there are reports that JJ Redick may become the head coach. Other names that have been doing the rounds are — Kenny Atkinson, David Adelman, Micah Nori, Chris Quinn, Tyronn Lue, Sam Cassell, and James Borrego, as per a report on Fox News.

Advocates say they won't slow their efforts to unionize college athletes even with the NCAA’s agreement this week to allow players to be paid from a limited revenue-sharing pool

Boston Consulting Group (BCG) will prepare a three-year roadmap to transform state-owned Bharat Sanchar Nigam (BSNL) so that it can effectively compete with private telecom operators.

Jaya Badiga, a certified family law specialist, has been appointed as a Judge in the Sacramento County Superior Court in the US state of California. Gavin Newsom, the Governor of California, made the appointment of Badiga, who has earlier served as a Commissioner at the Sacramento County Superior Court since 2022. Badiga, born in Vijayawada city of Andhra Pradesh, fills the vacancy created by the retirement of Judge Robert S. Lapham. Badiga, a member of the Democrat Party, also served as an Attorney at the California Department of Health Care Services in 2020 and at the California Governor's Office of Emergency Services in 2018.

Blake Lively when 'It Ends With Us' releases on the big screens after being in the development and talking stage since the middle of 2019. Known for The 'Age of Adaline', Lively will receive a brilliant co-star in Justin Baldoni who is also attached with the project. Interestingly, Baldoni will also be directing the project along with his presence on-screen, according to a WhatToWatch report.

Isabella Stewart Gardner Museum in Boston is no different. March 18, 1990, was an important day in the history of the museum as it faced one of its biggest incidents of theft. Thirteen pieces of art were stolen including three Rembrandts and a Vermeer worth approximately half a billion dollars. A new episode on CNN titled “How it Really Happened” was aired on May 19. This featured the TV interview of one of the guards whose hands were duct-tapped in the basement. 5 interesting facts

NBA playoffs 2024 are here and Boston Celtics are taking on Indiana Pacers in Eastern Conference finals and Minnesota Timberwolves will play Dallas Mavericks in the Western Conference finals.

Billionaire philanthropist Rob Hale has surprised the graduating class at the University of Massachusetts Dartmouth by giving each of them $1,000

Jennifer Lopez and Ben Affleck were spotted together on Sunday even as there were speculations that the couple were heading for potential divorce. Both Lopez and Affleck appeared at a theater in California, as per a Page Six report.

New federal estimates show Philadelphia remains the nation’s sixth-most-populous city, despite a decline in population throughout the pandemic

An autopsy of a Massachusetts teen who died after participating in a spicy tortilla chip challenge says his death was caused by eating a large quantity of chile pepper extract

New York Post. According to the report, the federal prosecutor identified the accused as Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28. They cited that this was the first time that a fraud like this had ever been the subject of US criminal charges. ALSO READ: SEBI recommends regulators to oversee crypto trade, RBI still sees ‘macro risk’ Stating that the Peraire-Bueno brothers executed their elaborate heist in April 2023, the federal officers say they stole $25 million from traders in just 12 seconds after fraudulently gaining access to pending transactions and then altering the movement of cryptocurrency.

A recent influx of investor disclosures has Bitwise, one of the United States’ leading Bitcoin ETF providers, “incredibly bullish” on BTC.

Stefano Sollima, known for «Without Remorse» and «Sicario: Day of the Soldado», is set to direct action thriller "Sugar Bandits" starring Will Smith. According to entertainment news outlet Variety, the movie is based on Chuck Hogan's novel "Devils In Exile". "Sugar Bandits" will see Smith play the role of a former special forces soldier who runs an elite vigilante squad working to wipe out the drug trade in Boston. He will also pull a double duty as a producer along with Jon Mone through Westbrook Studios with Ryan Shimazaki overseeing.