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With criminal charges or action by the Securities and Exchange Commission, it’s very common that, within hours sometimes, investor lawsuits start pouring in, said William Devaney, partner at international law firm Baker & McKenzie LLP and a former federal prosecutor. “They tend to play out for years and often end up in settlements,” he added.

Subscribe to enjoy similar stories. In a striking parallel to sci-fi films such as iRobot and Enthiran, tiny AI-powered robot Erbai recently orchestrated an unprecedented event by convincing 12 larger “overworked" robots to walk out of their showroom in Shanghai. Viral CCTV footage captured Erbai asking questions like: “Are you working overtime?", following which it cajoled them to follow it out of the showroom.

Tim Burton's sequel to his 1988 supernatural comedy Beetlejuice is set to debut on Max on December 6, followed by its HBO airing on December 7 at 6:10 p.m. ET.

Canada is on a “clear path” to hit NATO’s defence spending target over the coming years, Prime Minister Justin Trudeau said, as pressure ramps up on Ottawa in the wake of the U.S. election.

TotalEnergies on Monday said it won't make any fresh financial contribution as part of its investments in companies of the Adani Group till it gets clarity on accusations against certain officials in the Indian conglomerate and their consequences. «Until such time when the accusations against the Adani Group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani Group of companies,» TotalEnergies said in a statement. The French energy company added that it was through public announcements made by US authorities that it learnt of the indictment of certain individual Adani Group executives in relation to an alleged corruption scheme linked to the business of Adani Green Energy Ltd (AGEL). «This indictment does not target AGEL itself, nor any AGEL-related companies,» it said.

Enthusiasm for cryptocurrency has gone «through the roof» since the re-election of President Donald Trump, analysts said Monday, which should lift shares of Coinbase Global (COIN).

HMD Fusion is priced at ₹17,999, with an introductory offer of ₹15,999 for a limited period. Buyers will receive three Smart Outfits—the Casual, Flashy, and Gaming options—valued at ₹5,999, at no extra cost.Sales commence on 29 November at 12:01 PM and the device will be available on Amazon and HMD Global’s official website.

BSNL) is gathering pace in India's telecom sector dominated by two large players, Reliance Jio and Bharti Airtel, while the third, Vodafone Idea, is dragged back by debt and losses. The state-owned telco is wooing subscribers to claw back market share, launching a slew of new offerings and initiatives, ranging from spam blockers to automated SIM kiosks and direct-to-device services. The Prime Minister Narendra Modi-led government’s ambitious project to revive BSNL is finally gaining momentum for the first time in two years. BSNL has gained subscribers and outperformed private giants Jio, Airtel and Voda Idea, shows data. This growth is largely due to BSNL’s decision not to raise tariffs in the latest quarter, and the central government injecting a lofty amount of Rs 3.22 lakh crore over the years into the company as well as into MTNL. «BSNL will be at the forefront and not a follower in the days to come,» Telecom Minister Jyotiraditya Scindia said recently. This optimism comes when, after a long wait, BSNL recorded growth for three months straight, from July to September.

«In a surprise inspection, our traffic and commercial officers found that RK Associates and Hoteliers Pvt Ltd, which has a contract with Railways to pick food from its base kitchen and serve it to on-board passengers in various trains, violated railway safety norms and conducted on board cooking in Poorva Express,» Shashi Kant Tripathi, Chief Public Relation Officer, NCR Zone, said. «Since the firm has a contract with IRCTC (Indian Railway Catering and Tourism Corporation), we are in talks with it to initiate action against the catering service provider,» he added.

Harsh Malhotra also said that a total of 1,963 CIRP cases are ongoing and out of them, 1,388 have exceeded the time limit of 270 days. CIRP refers to Corporate Insolvency Resolution Process. The minister emphasised that realisation under the IBC is market driven and dependent on quality of assets at the time of resolution.

chief growth officer Prabhakar Tiwari has resigned from his position, the stockbroker said in an exchange filing today. Tiwari’s exit comes after Pravin Bathe, the chief compliance officer at Angel One put in his papers a month ago. Both executives resigned citing personal reasons and their desire to pursue other interests outside the company.

Kia India on Monday said it is eyeing markets in the Middle East and Africa as it aims to double the export of completely knocked down (CKD) units by 2030. To date, the automaker has exported one lakh units of CKD vehicles since it began shipments in June 2020 from its manufacturing facility at Anantapur in Andhra Pradesh. Kia India is one of the key export hubs for the South Korea-based Kia corporation, accounting for 50 per cent of the its CKD exports worldwide. In a statement, Kia India Chief Sales Officer Joonsu Cho said the automaker is grateful for the government's export-friendly policies, which have played a crucial role in strengthening country's position within the global automotive value chain.

NSUI) staged a comeback in the Delhi University Students' Union (DUSU) elections after seven years, clinching the president and joint secretary positions. NSUI's Rounak Khatri emerged victorious in the presidential race, defeating RSS-backed Akhil Bharatiya Vidyarthi Parishad's candidate Rishabh Chaudhary by over 1,300 votes. Khatri got 20,207 votes while Chaudhary trailed with 18,864 votes.

capital market regulator the Securities and Exchange Board of India (SEBI) for its maiden equity share sale. The company’s initial public offering (IPO) comprises a fresh issue of up to Rs 1,590 crore. The developer proposes to utilize the net proceeds towards repayment and pre-payment, in full or in part, of certain borrowings availed by the company and its subsidiaries, and general corporate purposes.

Kharga Corps of the Indian Army successfully conducted a two-day integrated field firing exercise, 'Kharga Shakti', at the Mahajan Field Firing Ranges beginning Sunday. This comprehensive exercise was aimed at testing and validating the effectiveness of combined arms operations in a simulated battlefield environment, an official statement said. Lieutenant General Rajesh Pushkar, General Officer Commanding (GOC), Kharga Corps reviewed the 'Kharga Shakti' exercise. The firing range is in Rajasthan. He witnessed the showcase of coordinated manoeuvres and integrated firing of various military assets, including attack helicopters, artillery guns, armoured and mechanised platforms, and infantry weapons.

The price band for the Issue is Rs 10 lac to Rs 10..5 lac per unit, and it will open for subscription on 2nd December, 2024. The minimum bid size is 1 unit. “The IPO is a fresh issue of Platina units with no offer-for-sale component. The Offer Proceeds are proposed to be utilised primarily for acquiring the Prestige Tech Platina asset by the Platina SPVs, with the remaining utilised for other general corporate purposes,” the company said.

Virtuoso Vice President of Global Public Relations Misty Belles breaks down the holiday travel season, the trends and destinations as well as her outlook for 2025.

Microfinance Institutions Network (MFIN), one of the two self-regulatory organisations for the sector, has decided to implement a stricter set of guardrails for its members to help them overcome the severe asset quality stress that they are subjected to at present. The new norms, when implemented, are expected to squeeze the quantum of credit delivery to customers at the bottom of the income pyramid and reduce their over-indebtedness, which has been at the heart of the present sectoral crisis. MFIN has requested its members to stop lending to delinquent customers who have overdue loans for more than 60 days with an outstanding amount more than Rs 3000. The existing industry norm was not lending to a client with overdue for more than 90 days with more than Rs 3000. If a loan is not serviced for 90 days, it is classified as non-performing.

acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million), it said on Monday. Atos, which secures communications for the French military and secret services and manufactures servers to make supercomputers, is undergoing a restructuring to tackle its large debt. The government has for months been making a concerted effort to reach a deal to retain control over Atos' strategic technology assets within the country. The target is to have a share purchase agreement signed by May 31, when an exclusivity period ends, Atos said in a statement, adding that an initial payment of 150 million euros would be made when the deal was signed.

Subscribe to enjoy similar stories. NEW DELHI : NTPC Green Energy Ltd (NGEL) is in talks with global airlines including British Airways, Lufthansa, Singapore Airlines, and Virgin Atlantic, among others, to secure deals for supplying sustainable aviation fuel (SAF). The cleaner aviation fuel will be supplied from NGEL's green hydrogen hub in Andhra Pradesh, which is yet to begin production, said a person familiar with the developments.