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Stuck with a 36-hour layover in Bangkok in December 2016, I made a wild decision: I contacted a Thai friend via Facebook whom I had met decades earlier, when I was studying abroad in my early 20s. Shortly after, Pim arrived at the airport bearing two flared glasses brimming with ice-cold martinis. We hustled onto a flight bound for Phuket, Thailand, and spent the next 24 hours beachside catching up on the past quarter-century.

Swiggy investor 360 One WAM, formerly IIFL Wealth Management, valued the IPO-bound food- and grocery-delivery firm at $11.5 billion as of June, according to an investor presentation seen by ET. Swiggy recorded Rs 7,474 crore in revenue in the first half of fiscal 2024, 360 One said in the presentation made to its clients. This translates into Rs 14,947 crore on an annualised basis for the year through March. Food delivery sees cyclical changes in orders. So the final figure may differ and will only be known when Swiggy — which has confidentially filed for an IPO — discloses its financial results for the year.

Stocks that were in focus include names like Paytm, which fell 3.14%, Nucleus Software, which declined 6.04%, and Aarti Drugs, whose shares jumped 6% on Thursday.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

debt market for 14 weeks in a second streak of buying this year, evidence of the country’s appeal amid the ructions of worldwide financial markets. With the prospect of interest rate cuts on the horizon and the rupee treading water near historic lows, offshore investors have bought roughly $7 billion net of the South Asian country’s bonds since May. That’s more than twice the sum of net purchases for Indonesia, to which it is often compared, according to data compiled by Bloomberg.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Apple will allow iPhone and iPad users in the European Union delete the App Store or its Safari browser, the tech giant told developers on Thursday. Apple had long fiercely protected the App Store as the lone gateway for digital content to get onto its popular mobile devices. The change comes as the company loosens its grip on devices in the EU due to the bloc's landmark new digital rules. «The App Store, Messages, Camera, Photos, and Safari apps will be deletable for users in the EU,» Apple said on a support page for developers.

A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack from Yemen's Houthi rebels in the Red Sea, while also destroying a bomb-carrying drone boat in the area

The family of West Virginia Gov. Jim Justice says it has reached an agreement with a credit collection company to avert the foreclosure of their historic hotel as he runs for U.S. Senate

Finra has censured and fined Barclays Capital more than a million dollars for reported longstanding lapses in fingerprinting and background screening procedures for non-registered employees.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

The Drew Barrymore Show is set to continue until at least 2026. CBS has given the daytime talk show an early renewal for its sixth season, ensuring its run through the 2025-2026 TV season.

trigger the crash. However, experts have assured users that this issue does not pose any security threat.

Adani Power Ltd's resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL) through the insolvency resolution process. The company has admitted liabilities of Rs 15, 633 crore. Gautam Adani promoted listed power company had proposed to pay Rs 4,101 crore to acquire it through the bankruptcy process. “Successful acquisition and implementation of the resolution plan for acquisition of LAPL will advance APL's (Adani Power) position as India’s leading private sector power producer, with a combined operational power generation capacity of 15,850 MW,” said Adani Power in its stock exchange filing on Thursday.

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

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The United States Court of Appeals for the Second Circuit has partially reinstated a securities fraud lawsuit brought by Michael Rothenberg’s NY-based Moab Partners, L.P. against Macquarie Infrastructure Corporation (MIC) and several of its executives. The case, which has seen multiple rounds of appeals, was remanded back to the district court for further proceedings after a ruling from the Supreme Court.

investment platform InvestorAi has raised Rs 80 crore from stock market investor Ashish Kacholia, founder of Lucky Investment Manager and his associates, the company said in a statement on Thursday. The newly raised funds will be used to scale up business operations and add new products. Founded in 2018 by Akshaya Bhargava, Bridgeweave which runs InvestorAi platform is a Sebi-registered research analyst. The platform is aimed at using artificial intelligence and the latest technology to create winning investment outcomes for young millennials who are tech-first investors.

FAIMA) on Thursday decided to end its 11-day strike, called to protest against the rape and murder of a medic in Kolkata, following «positive directions» from the Supreme Court. The apex court earlier in the day asked protesting doctors to resume work and assured them that no adverse action would be taken after they rejoin. "#FAIMA has decided to call off the strike following positive directions from the #Chief Justice of India. We welcome the acceptance of our prayers for interim protections and the necessary steps to enhance security in hospitals. United, we will continue to fight legally," FAIMA, an umbrella body of doctors, said in a post on X. The move comes soon after several resident doctors' associations (RDAs) called off their strike over Kolkata incident, following an appeal from the Supreme Court.

The asset manager's shares slumped 12.5% yesterday after the firm said in a statement that Ken Leech, co-CIO of subsidiary Western Asset Management had taken a leave of absence.  Last month, Franklin Templeton said that the US Department of Justice and the Securities and Exchange Commission were launching an investigation into WAM's past trade allocations of treasury derivatives in a plethora of WAM-managed accounts.  WAM has said the company is «cooperating with the investigations». Based on the conclusion of the SEC's investigation, the firm said it will «take action as warranted». ...