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WeWork Inc.’s plan to sell the 27% it holds in its Indian unit and exit the country has collapsed, according to three people aware of the matter. This comes after the Competition Commission of India (CCI) had approved the proposal. Along with the bankruptcy-hit WeWork Inc., the coworking firm’s local partner WeWork India, promoted by Bangalore-based realtor Embassy Group, was also slated to divest a 13% stake to a consortium of investors including the Enam group family office, A91 Partners and CaratLane founder Mithun Sacheti in a Rs 1,200 crore secondary transaction, as reported first by ET on April 22. The Indian real estate group holds 73% in the India unit while WeWork Inc. owns the rest. The deal cleared by the regulator, as per a June 18 order, involved a two-step process that would see WeWork Inc. and Embassy together selling a stake of about 40% to new investors.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy companies

celebrity arrests comes up. Combs has been charged with multiple crimes and none of them sound very good for an influential rapper, who has connections in Hollywood as well as other powerful and influential sectors in the US, something he has apparently used to push forward his crimes, if reports are to be believed.

Donald Trump, the Republican Presidential candidate has been seen to be losing his grip in recent days, and has not focused very steadily on his Presidential campaign. Moreover, he seems to be one of those Presidential candidates, who may be very active throughout the campaign, and his essence is also very attracting, but he is yet to get footing in major battleground, which the former US President lost after Kamala Harris entered the Presidential race.

Kamala Harris has been receiving the support of many powerful and influential Americans in recent weeks, and this entails some of the richest philanthropists, celebrities and those with the ability to attract voters and swing the polls in Harris' way. The biggest name so far that has come out to support Harris publicly is Taylor Swift, who is one of the most followed celebrities in the US, as well as the rest of the world.

Donald Trump needs to focus on some of the key American issues in recent times, and promise the nation that he will work on them after coming to power. Only then can the former US President be elected to the White House by Americans, who are this time, searching for the candidate who will take forward the true vision of America. US elections: The new MAGA goal should be focusing on pressing issues United States is plagued with a number of crisis at this point, and one which tops it all off is the impending recession and its effect on the US economy. The stock markets and jobs data have already started reacting to recession fears, and even though inflation levels are falling to the normal baseline, recession fears is being driven up by majority of other factors including increasing unemployment rates. The US Fed Reserve went as far as introducing a whopping 50 bps rate cut but that could stop the bleeding for now, and if Trump really comes to power, he has to immediately begin planning necessary remedies to counter the root causes of an incoming recession.

Citi in 5-7 years as the US bank looks to expand its services business — which its CEO Jane Fraser calls its «crown jewel» — and more domestic firms turn global, a top executive said. «It's highly likely that India will break out into the top three based on what we are seeing,» Shahmir Khaliq, Citi's head of services, told ET in an exclusive interaction. «We are investing across the network and as the government makes India a great place to invest in, we are seeing the incremental inflow (and) we are seeing Indian companies looking to invest abroad.» At present, India is the fourth largest market for Citi's services business. «It would not be beyond the realm of the possible for us to expect to see India in the top three over the next five to seven years,» Khaliq said.

Mental health professionals are concerned about former US president Donald Trump's mental faculties. They say that he shows signs of cognitive decline. Renowned mental health experts, including a former White House doctor, have voiced serious concern about Donald Trump's mental health. Experts claim that Republican nominee Donald Trump is showing signs of cognitive decline, which can impact his decision-making abilities profoundly. Several health experts expressed their concern regarding the former US president Donald Trump. They told The Independent that they had similar concerns for US President Joe Biden before he joined the presidential race. They warned that Trump seems to have lost touch with reality, a sentiment highlighted by Biden’s own rambling speeches and erratic debate performances. Also Read :Is OpenAI facing an outage? Down Detector reports escalated issues around ChatGPT and related apps

the Democratic Party is raising its voice about the potential undercounting of the support of Republican Presidential candidate Donald Trump in the polls. It goes beyond a mere reflection of political rivalry as it gets developed from a broader aspect about the authenticity of polling data and thus, it is crucial as it shapes the strategies of the campaign and the outreach effort of the voters, reported The Guardian.

Orionids meteor shower, an astronomical spectacle linked to one of the solar system's most renowned celestial bodies: Halley’s Comet. Starting September 26, stargazers can prepare for a captivating display of shooting stars, as this meteor shower runs from September 26 through November 22, 2024, as per a report by Forbes.

Joe Biden during a live conversation gave advice to US Vice President Kamala Harris on how to emerge victorious in the US Presidential Elections 2024. According to People, Joe Biden was asked in a live interview what suggestions he has for Kamala Harris to defeat Donald Trump in the elections as Joe Biden is the only person who has already done that once.

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Kamala Harris is leading over former US president Donald Trump by 7 points, which is reflecting that Democratic nominee Kamala Harris is gaining support as she is preparing for the US presidential elections in 2024.

An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel

Transparency is key to creating an equitable, healthy and responsive legal system. CJI D Y Chandrachud and other senior justices of Supreme Court highlighted this well-established principle again, emphasising social media's active role in monitoring and amplifying courtroom proceedings. It also ensures that judicial commentary aligns with the decorum expected in courts of law. This comment came in the wake of the recent controversy sparked by certain 'gratuitous' comments made by Justice V Srishananda of Karnataka High Court against a woman advocate. Advocates Association of Bengaluru also had demanded a temporary stop on livestreaming of high court proceedings.

Hezbollah, defying calls from allies including the US for a halt in fighting. Israeli warplanes bombarded Lebanon, including a strike on the southern suburbs of Beirut that shook the capital. On its own side of the border, the Israeli army staged an exercise simulating a ground invasion. The relentless pressure on Iran-backed Hezbollah in Lebanon, including intense airstrikes and assassinations of some of its senior commanders, raised concern that of a wider war spreading across the region. The military, which has vowed to secure Israel's northern border and return thousands of Israeli citizens to communities there, said the exercise of its 7th brigade took place a few kilometres from the Lebanese border.

West Bengal Chief Minister Mamata Banerjee said on Thursday that her government has earmarked land for the establishment of a global capability centre in Kolkata in the semiconductor sector and a detailed discussion was held today with the US Consul General. «We have kept land ready for the purpose of formation of the global capability centre for the semiconductor industry. If this centre is set up, our talent pool will be utilized. It is a big achievement for West Bengal and we are happy. We have been pursuing it for the last three years and huge employment will be generated,» Mamata Banerjee said today. The state government held discussion with the US Consul General today in connection with the semiconductor and Chief Secretary said all support for the hub will be provided. «A team from the Bengal government is holding a discussion presently with their team in Bengaluru. A timeline will be fixed, We have held a meeting with the US Consul General Kathy Giles-Diaz, who was in Kolkata today,» Chief Secretary Manoj Pant said.