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Star Entertainment says it has raised $565 million from investors after receiving “significant interest”, even though the take-up rate on the institutional entitlement offer was only 67 per cent.

The time-consuming and expensive process of drafting a commercial contract for construction projects has been a sore point for both law firms and their clients for decades.

In a new round of sanctions, the US Department of Treasury's Office of Foreign Assets Control (OFAC) has added ten more individuals to its blackbook. 

By Andrew Goudsward and Mike Scarcella

The Federal Trade Commission and 17 state attorneys general have filed an antitrust lawsuit against Amazon

The head of SBS corporate strategy has laid out an ambitious vision to be able to deliver bespoke content in the language of any user’s choice, enmeshing the specialist broadcaster in the daily media diet of foreign-language speaking Australians.

Household energy users who set out to electrify their homes and reduce their emissions footprints often don’t know where to start, says AGL.

Global banking regulation has bolstered the case for bigger is better when it comes to financial services in the current age. But the bigger banks grow, the harder it is to innovate the types of solutions that deliver step-changes for customers.

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Crypto exchange HTX experienced a security breach over the weekend that resulted in the loss of $8 million worth of crypto assets.

Rohini Nilekani Philanthropies, said here on Tuesday. “You cannot have societies where wealth is only used to benefit the wealthy. Otherwise, why would societies want to create that wealth?” she said, adding that Indian philanthropists must challenge old ideas and innovate.

Click here! Amazon’s illegal, exclusionary conduct makes it impossible for competitors to gain a foothold. With its amassed power across both the online superstore market and online marketplace services market, Amazon extracts enormous monopoly rents from everyone within its reach, the complaint read “Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies," FTC Chair Lina M.

₹1.5 trillion ($18 billion) cumulatively to companies in the online gaming sector for alleged underpayment of taxes over several years, three people aware of the matter said. Projections of such taxation notices come a day after Mumbai-based Sporta Technologies, which runs the popular fantasy gaming platform Dream11, filed a writ petition in the Bombay High Court appealing retrospective show-cause notices by the DGGI for FY18 and FY19.

Check out the companies making headlines in midday trading.

Mumbai: Sometime in 2008, a team from financier Bajaj Finserv was at a consumer durables store when a family of four walked in. They wanted to buy a 32-inch television on loan but were told it would take at least three days. The Bajaj team wondered why the loan could not be processed the same day so that the family could take the TV home by evening.

The cryptocurrency industry is no stranger to disruptions, shake ups, and rumors. Just recently, Binance, the world’s largest cryptocurrency exchange platform, became the center of attention with news of several executives leaving the company. Binance's CEO, Changpeng Zhao, has stated that these departures are not related to the company’s issues with regulators.

Recent events have brought the phenomenon of liquidation into the spotlight, with FTX - a previously prominent cryptocurrency exchange - experiencing a major shakeup in the form of liquidations affecting Bitcoin ($BTC) and Ethereum ($ETH) holdings.

State Bank of India (SBI) has rolled out a digital platform allowing NRIs to effortlessly open NRE (Non-Residential External) and NRO (Non-Resident Ordinary) accounts, encompassing both savings and current accounts, through its mobile application, YONO. This new service primarily caters to NTB or 'new to bank' customers, offering them a streamlined and efficient process for initiating their accounts with SBI. The introduction of this digital facility marks a pivotal moment, fulfilling a longstanding demand from NRI clientele who sought a hassle-free method for initiating and managing their accounts within India, the bank said in a statement. An NRE account stands as a bank account established in India under the name of an NRI, primarily utilized to house foreign earnings. In contrast, an NRO account is opened in the name of an NRI within India to manage income generated from various sources such as rent, dividends, pensions, interests, and more. Leveraging advanced technology, the bank has devised a seamless and digitized account opening process that emphasizes efficiency and precision, effectively making it a comprehensive solution for all NRI banking requisites.

European Union antitrust regulators' investigation into Photoshop maker Adobe's $20 billion bid for cloud-based designer platform Figma has been put on hold while they wait for requested information from the companies. The European Commission said it stopped the clock effective Sept. 19 and will set a new deadline once the companies provide the data.

₹2900 crore from ₹2094 crore in the fiscal before, it said in a blog. Its revenue, on the other hand, grew by 35.5% to ₹6875 crore in FY23 from ₹4694 crore in the financial year ended March 2022. The major sources of its income are stock brokerages, onboarding fees, commissions from selling mutual funds via Zerodha Coin and the sale of APIs.

By Diane Bartz