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Indian-origin laboratory owner from the US state of Georgia was sentenced to 27 years in prison for his involvement in a USD 463 million genetic testing scam spanning over three years to defraud Medicare. Minal Patel, who owned LabSolutions LLC, was sentenced on Friday to 27 years in prison for his role in the scheme to defraud Medicare by submitting over USD 463 million in genetic and other laboratory tests that patients did not need and were procured through the payment of kickbacks and bribes.

World Athletics Championships has taken off, with the thrilling action commencing on Saturday, August 19. The event, spanning nine days and located in Budapest, Hungary, is set to provide a captivating preview of athletes' peak performances leading up to the forthcoming Paris Olympics Games in the following year.

Google, details like an individual's name, date of birth, contact number, email, and other particulars can potentially be exploited for criminal purposes like financial fraud and identity theft. The Google Dark Web Report feature will send alerts to users in case their personal information is detected on the dark web, granting them the opportunity to respond appropriately and enhance their vigilance in order to safeguard themselves against such fraudulent activities.

Audit regulator National Financial Reporting Authority (NFRA) is making sustained efforts to ensure that auditors who sign off on financial statements of companies and banks are independent. Mint takes a look at steps taken by the regulator. To draw investments, the reliability of financial statements and governance in Indian firms is essential, especially as policy makers actively promote India's prospects to global investors, aiming for developed country status within the next 25 years.

Sunny Deol and Ameesha Patel starrer 'Gadar 2' has been making waves at the Indian box office, and now the movie has achieved another remarkable feat by surpassing the Rs 300 crore milestone within just eight days since its release. The film's journey at the box office has been nothing short of spectacular, solidifying its position as a blockbuster hit. On its eighth day in theatres, 'Gadar 2' garnered an impressive net collection of approximately Rs 20.50 crore, propelling its cumulative earnings to an impressive Rs 305.15 crore within India. Industry insiders and trade analysts are foreseeing continued success for the film as it enters its ninth day, with predictions of an approximate Rs 30 crore collection, as reported by Sacnilk.com. Renowned trade analyst Taran Adarsh expressed his anticipation for the film's performance on the upcoming weekend, stating, «300 NOT OUT… #Gadar2 continues to ROAR… Mass pockets are in an altogether different league… Also, the contribution from Tier 2 and Tier 3 sectors will set a new benchmark… Expect BIGGG JUMP on [second] Sat and Sun… [Week 2] Fri 20.50 cr. Total: Rs 305.13 cr.» Sumit Kadel, another film trade analyst, joined the chorus of praise, heralding the film's accomplishments in a tweet: «As I write this — #Gadar2 has entered Rs 300 CR CLUB IN FLAT 8 Days!!! ALL TIME BLOCKBUSTER.»

Also read: British 'chat show king' Michael Parkinson passes away at 88 Letby committed the murder of Baby O on Thursday, 23 June. She proceeded to kill his twin brother, Baby P, the following day. A day later, she reached out to the doctor with whom she had been exchanging messages, seeking reassurance after one of the consultant paediatricians, Dr.

Narendra Modi has cited two research findings to assert that tax compliance and individual incomes have risen manifold in the last nine years. Uttar Pradesh has emerged as one of the top performers while the North-East states of Manipur, Mizoram and Nagaland have shown a 20 percent increase in filing of income tax returns. In a post on social media site Linked-In, Prime Minister Modi referred to the research pieces on the Indian economy by SBI Research and by senior journalist Anil Padmanabhan.

mutual fund treated by most investors like bank accounts as a safe place to store spare cash. They hold only high-quality liquid assets such as Treasurys and, in some cases, short-term corporate debt. The funds recently paid an average interest rate of 5.15%, according to Crane Data, the highest level since 1999.

Indian athletes are already in Budapest and got ample time to acclimatize to the local conditions. The track and field athletes of India have displayed promising form this year, and the good performance is likely to continue at the big stage of the World Athletics Championships 2023.

India Men's Junior Hockey Team will face off against Germany today at 10:30 pm in the second match of the 4-Nation Dusseldorf 2023 tournament. The tournament is being played as part of the preparations for the upcoming FIH Hockey Men's Junior World Cup 2023 which will be played in Malaysia between 5-16 December this year.

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India Inc's first quarter of FY24 wrapped up this week. Given the high base effect of the previous year’s June quarter, the revenue of Nifty 50 rose by 5% YoY in Q1FY24, representing the slowest growth in ten quarters. On the other hand, the profitability witnessed an adrenaline rush, recording the highest yearly growth of 33% in six quarters.

music festival Lollapalooza will return to India with its second edition, set to be held in January 2024, the organisers announced Friday. The music festival will take place on January 27 and 28 at the Mahalaxmi Race Course here, a press release stated.

benchmarks Sensex and Nifty 50 clocked losses for the fourth straight week, the broader market also lost some of its momentum as was visible in the stock performance. In the week gone by, 55 smallcap stocks gave double-digit positive weekly returns, as compared to 75 stocks a week ago. In the BSE 500 index, 24 stocks had given double-digit returns in the week ended August 11, but this number was sharply down to six in the week ended August 18, data by Ace Equity showed.

California's autos regulator said on Friday it is investigating «recent concerning incidents» involving autonomous vehicles operated by General Motors unit Cruise in San Francisco and asked the company to take half its robotaxis off the roads. The statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars. The regulator also said it has asked Cruise to immediately reduce its active fleet of vehicles by 50% until the investigation is complete and Cruise takes actions to improve road safety.

The Matildas are determined to finish their groundbreaking Women’s World Cup, and send off their wave of new fans, on a high note by claiming bronze at their home tournament.

Shia LaBeouf is set to debut on stage in a new play by Pulitzer Prize winner David Mamet. The play, titled "Henry Johnson," will be directed by Marja-Lewis Ryan, known for her work on «The L Word: Generation Q.» The venue for the premiere will be The Electric Lodge in Venice, California. The cast includes David Paymer, who has been nominated for an Academy Award, along with Dominic Hoffman, a frequent collaborator of Mamet and Evan Jongkeit from Broadway, taking on the role of Henry Johnson. «I'm grateful to work with David Mamet,» said LaBeouf. «His talent is unmatched, and it's an honor to collaborate with one of the greatest living playwrights. 'Henry Johnson' is a unique story that has inspired and challenged me as an actor. Marja's guidance and Evan's mentorship have been invaluable in my growth as a performer. This experience has deepened my respect for the power of storytelling. I'm thankful for the opportunity to learn and create with them.» The play revolves around a man whose life is disrupted by an act of kindness. The premiere is scheduled for September 1, 2023. Mamet commented, «According to Constantin Stanislavski, directors who alter the text miss its essence. Many directors merely teach English and rely on stage managers. May God bless Ms. Ryan.» The play will run from September 1 to 24.

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Investing.com — The Dow eked out a win, but that was of mere consolation as stocks posted their worst weekly loss since March ahead of the Fed chair Jerome Powell’s appearance at the Jackson Hole economic policy symposium next week.

industrial activity may have recovered from pre-pandemic levels, but experts indicate that a broad-based recovery remains elusive. An ET analysis found that 12 of the 22 manufacturing firms captured in the index of industrial production were still operating at lower levels than during the pre-pandemic period. “It is becoming progressively clear that notwithstanding some high volatile growth numbers, it is not broad-based. Deficiency in spending is manifest here,” said Madan Sabnavis, chief economist, Bank of Baroda. While the overall industrial activity was up 9.6% in Q1 FY24 compared with Q1FY20, computer electronic and optical products was down 33.1%, whereas wearing apparel was down 34.5% during this period. “The weakness in electronic good productions is despite the fact that India’s electronic goods exports has shown strong growth of 47% YoY in Q1FY24 and 51% in FY23. On the import front, electronic goods has seen a more moderate growth at 4.9% YoY in FY23 and 6.3% growth in Q1FY24. As a result, net electronic goods imports has reduced in Q1FY24,” said Gaura Sengupta, India Economist, IDFC First Bank. Economists note that government capex also has much to do with diverse performance. “While infrastructure and construction-linked sectors have been outperforming, the consumer-linked segments still need to catch up,” said Upasna Bhardwaj, chief economist, Kotak Mahindra Bank.

Broadway performer Chris Peluso, known for his roles in musicals like «Mamma Mia!» and «Lestat,» has died at 40. According to Playbill, Peluso's family confirmed his passing on August 15, a year after he paused his theater career to receive treatment for schizoaffective disorder. Peluso's alma mater, the University of Michigan, shared a tribute on their musical theater department's Instagram, expressing their sorrow and extending condolences to his family.