Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

A 28-year-old Indian-origin <keyword id="38935" type="General" weightage="50" keywordseo="fraud" source="Orion">fraud</keyword>ster who targeted elderly and vulnerable victims in a scam impersonating a police officer or a bank official has been sentenced by a <keyword id="6354968" type="General" weightage="20" keywordseo="London" source="Orion">London</keyword> court to eight years of imprisonment on nine counts of fraud by false representation. <keyword id="18177369" type="General" weightage="50" keywordseo="kishan-bhatt" source="Orion">Kishan Bhatt</keyword> was sentenced at <keyword id="347034" type="General" weightage="50" keywordseo="snaresbrook-crown-court" source="Orion">Snaresbrook Crown Court</keyword> on Tuesday, after pleading guilty in November last year at the same court, the <keyword id="157066" type="General" weightage="20" keywordseo="Metropolitan-Police" source="Orion">Metropolitan Police</keyword> said. An investigation by the force's Specialist Economic Crime team found Bhatt had defrauded nine victims out of more than GBP 260,000 in total, besides numerous further attempts that were blocked by financial institutions or jewellers. "Fraud is far from a victimless offence, and the repercussions for the numerous victims involved in this situation extend beyond mere financial loss," said Detective Constable Sarah Cook, from the Met's Economic Crime division. "The emotional toll has been immense, leading to severe distress and devastation for those affected. Without the bank's goodwill gesture, these victims would have been deprived of their life savings," she said. "The outcome demonstrates the unwavering commitment of the Met in relentlessly pursuing individuals like Bhatt who engage in fraudulent activities. Our determination remains resolute in ensuring that such offenders are held accountable and brought to justice," she added. The Met Police were able to identify victims in London and Norfolk, eastern England after a jeweller in London's Hatton Garden area contacted police about an elderly, vulnerable woman attending their shop to buy gold. Bhatt's accomplice Artiom Kiseliov, 35, was sentenced to four-and-a-half-years' imprisonment last year in April on one count of fraud by false representation at Kingston Crown Court, outside London in Kingston Upon Thames. Kiseliov's arrest followed a suspicious jeweller contacting police in relation to a 90-year-old victim who had been contacted by a man claiming to be a police officer who had arrested a male with her bank card. The caller told the old lady she needed to protect her money and to do this she needed to invest in gold and jewellery as fraudsters would not be able to access it this way. She was instructed to buy expensive watches in excess of GBP 90,000 over a two-week period and then Kiseliov attended her home address to collect these on a number of occasions. She was advised that the men would keep them safe for her. In January 2022, Bhatt and Kiseliov drove her to Hatton Garden in London in an attempt to get her to buy gold as she believed she was helping the police with their investigation. The men had told her that the jewellers were corrupt and they would value the gold she bought, which would confirm the corruption. The jewellers asked for identification and told the woman to return another day whilst they completed ID checks and ordered the gold to store. She was driven to further jewellery stores by the fraudsters and made purchases, however, these were still pending when police were alerted and were cancelled by the jewellers. Met Police detectives launched an investigation and identified the vehicle Bhatt and Kiseliov used to transport the victim to these jewellers. Further enquiries obtained a phone number for Bhatt under an alias he was using. The police were able to establish that between September 2020 and May 2022, Bhatt targeted nine victims - aged between 29 and 90 - who were approached whilst he posed as a bank employee, a landlord and a police officer. Once he had gained their trust, he transferred money out of their accounts. The majority of the money has been refunded to the victims by banks, the Met Police said.

Indian-origin fraudster jailed for 8 years for targeting elderly victims in UK

Indian-origin Ramesh 'Sunny' <keyword id="5886401" type="General" weightage="100" keywordseo="balwani" source="Orion">Balwani</keyword>, the former business partner and 'boyfriend in secret' of <keyword id="2450348" type="General" weightage="50" keywordseo="elizabeth-holmes" source="Orion">Elizabeth Holmes</keyword>, founder and CEO of healthcare company Therano, has been found guilty of defrauding Theranos investors and patients in the US. Balwani faced 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. After a three-month trial, a jury has found him guilty of all 12 counts. He now faces up to 20 years in prison for each count, The <keyword id="6765301" type="General" weightage="50" keywordseo="verge" source="Orion">Verge</keyword> reported late on Thursday. Youngest billionaire <keyword id="3105" type="General" weightage="80" keywordseo="holmes" source="Orion">Holmes</keyword> has already been found guilty of defrauding investors. Indian-origin Balwani was Holmes' "boyfriend in secret". "They met when Holmes was 18 and Balwani was 37 -- she moved in with him the year after she dropped out of <keyword id="33081" type="General" weightage="50" keywordseo="stanford" source="Orion">Stanford</keyword>. She also said during the trial that she was raped as a Stanford student, which is part of why she didn't finish her degree," according to an earlier TechCrunch report. During the four months of court proceedings, Holmes detailed Balwani's controlling behaviour, including a written document that dictated her daily schedule, including what she ate, when she slept and how she dressed. She said, "He was so disappointed in my mediocrity and he was trying to teach me how to be better." Holmes founded Theranos in 2003 and the company was once valued at more than $9 billion. In 2015, an expose in The <keyword id="6384660" type="General" weightage="50" keywordseo="wall-street-journal" source="Orion">Wall Street Journal</keyword> revealed major problems with Theranos' technology. In 2018, Holmes and Balwani were charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. According to the US Department of Justice, Holmes and Balwani used advertisements and solicitations to encourage and induce doctors and patients to use Theranos's blood testing laboratory services, even though, according to the government, the defendants knew Theranos was not capable of consistently producing accurate and reliable results for certain blood tests. "It is further alleged that the tests performed on Theranos technology were likely to contain inaccurate and unreliable results," the Justice Department said. Holmes and Balwani defrauded doctors and patients by making false claims concerning Theranos's ability to provide accurate, fast, reliable, and cheap blood tests and test results, and by omitting information concerning the limits of and problems with Theranos' technologies. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/cooling-crude-oil-prices-companies-in-these-sectors-could-benefit-the-most/articleshow/92738107.cms">Cooling crude oil prices – companies in these sectors could benefit the most</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/nothing-phone-1-to-launch-soon-price-features-and-everything-we-know-so-far/articleshow/92738463.cms">Nothing phone (1) to launch soon – price, features, and everything we know so far</a>

Indian-origin Ramesh Balwani gets 20 years in prison for defrauding investors and patients in US

Indian-origin start-ups never had it so good when it comes to getting lapped up by global giants. Only a couple of weeks ago, <keyword id="6354576" type="CITY" weightage="80" keywordseo="Facebook">Facebook</keyword> 
<a href="http://www.businessinsider.in/Facebook-AcquiresAn-Indian-Start-Up-For-The-First-Time/articleshow/28549060.cms">acquired</a> Bangalore-based tech start-up <keyword id="1959708" type="COMPANY" weightage="80" keywordseo="Little-Eye-Labs">Little Eye Labs</keyword> and now <keyword id="354776" type="UNKNOWN" weightage="100" keywordseo="search-giant">search giant</keyword> <keyword id="6355629" type="CITY" weightage="100" keywordseo="Google">Google</keyword> has picked up a three-year-old web security start-up with India connections. <keyword id="1573524" type="COMPANY" weightage="100" keywordseo="Impermium">Impermium</keyword>, Google’s latest <keyword id="30334" type="ORGANIZATION" weightage="100" keywordseo="acquisition">acquisition</keyword>, develops security products for websites and has offices in Bangalore and California. However, the financials of the deal has not been disclosed yet. 
 Besides <keyword id="1573526" type="PERSON" weightage="100" keywordseo="Mark-Risher">Mark Risher</keyword>, the <keyword id="5645" type="POSITION" weightage="80" keywordseo="CEO">CEO</keyword> of Impermium, the company has two Indian co-founders – <keyword id="2025990" type="UNKNOWN" weightage="100" keywordseo="Vish-Ramarao">Vish Ramarao</keyword> (CTO) and <keyword id="2025999" type="UNKNOWN" weightage="100" keywordseo="Naveen-Jamal">Naveen Jamal</keyword>. All three of them were colleagues in <keyword id="6363100" type="CITY" weightage="80" keywordseo="Yahoo">Yahoo</keyword> but decided to leave the company and started the new venture back in 2011. While Risher and Ramarao are based in California, Jamal is in charge of the Bangalore office. 
 Jamal originally hails from Thanjavur in Tamil Nadu. He had been to the US to pursue higher studies and also worked as a <keyword id="49316" type="POSITION" weightage="80" keywordseo="Software-engineer">software engineer</keyword> in Sift before joining Yahoo in 1998 as a <keyword id="2025975" type="POSITION" weightage="80" keywordseo="principal-engineer">principal engineer</keyword>. Ramarao is from Bangalore but went to the US for higher studies. Before joining Impermium, he led engineering for Yahoo! Mail anti-spam, security and data mining, and was involved in protecting every major component of the Yahoo network from spam, fraud, misuse. 
 Risher helped co-found the business in 2011, quickly picking up $1 million in <keyword id="948731" type="UNKNOWN" weightage="80" keywordseo="seed-funding">seed funding</keyword> from <keyword id="144381" type="COMPANY" weightage="80" keywordseo="Accel-Partners">Accel Partners</keyword>, <keyword id="2026002" type="ORGANIZATION" weightage="80" keywordseo="AOL-Ventures">AOL Ventures</keyword>, <keyword id="2026005" type="UNKNOWN" weightage="80" keywordseo="Archimedes-Capital">Archimedes Capital</keyword>, <keyword id="307981" type="COMPANY" weightage="80" keywordseo="Charles-River-Ventures">Charles River Ventures</keyword>, <keyword id="2026006" type="UNKNOWN" weightage="80" keywordseo="Embarcadero-Ventures">Embarcadero Ventures</keyword>, <keyword id="2025977" type="UNKNOWN" weightage="80" keywordseo="Freestyle-Capital">Freestyle Capital</keyword>, <keyword id="2026009" type="ORGANIZATION" weightage="80" keywordseo="Greylock-Discovery-Fund">Greylock Discovery Fund</keyword> and <keyword id="2025974" type="UNKNOWN" weightage="80" keywordseo="Morado-Ventures">Morado Ventures</keyword>, according to a TechCrunch report. In the same year, it raised $8 million in a <keyword id="2026013" type="UNKNOWN" weightage="80" keywordseo="Series-A-round">Series A round</keyword> led by <keyword id="220416" type="COMPANY" weightage="80" keywordseo="Highland-Capital-Partners">Highland Capital Partners</keyword> and supported by Freestyle Capital (which also contributed to the seed round) and Social+Capital Partnership. The start-up claims to have a 300,000 strong client base including key companies such as <keyword id="279713" type="COMPANY" weightage="100" keywordseo="Tumblr">Tumblr</keyword>, Pinterest, CNN, ESPN, Typepad and <keyword id="79961" type="COMPANY" weightage="80" keywordseo="Washington-Post">Washington Post</keyword>. 
 
Impermium has not detailed its future plans post the acquisition and its site now features just a note from Risher that says: 
 
When we founded Impermium three years ago, our mission was to help rid the web of spam, fraud, and abuse. As sites gain in popularity, criminals and miscreants are never far behind, and Impermium has worked hard to defend some of the largest and fastest-growing sites. By joining Google, our team will merge with some of the best abuse fighters in the world. With our combined talents we’ll be able to further our mission and help make the Internet a safer place. We’re excited about the possibilities. 
 
In an earlier interview with TOI, Risher said that the start-up had built a number of services that worked as a risk-determination system. Impermium calculates the severity of the risk based on parameters like where you accessed the account from, the device software and historical usage pattern of the links you are posting. 
 Prior to buying Impermium, Google acquired <keyword id="813970" type="COMPANY" weightage="80" keywordseo="Nest-Labs">Nest Labs</keyword>, the maker of the Nest Learning Thermostat and Protect smoke detector, for $3.2 billion in cash. The latest acquisition is bound to boost the <keyword id="851525" type="UNKNOWN" weightage="100" keywordseo="Internet-giant">Internet giant</keyword> as Impermium specialises in controlling spam, fraud and all kinds of web abuse.

Now Indian-origin
Start-up Impermium Is Joining Google

Twenty one people were arrested for <a href="http://www.businessinsider.in/searchresult.cms?query=visa+fraud&amp;sortorder=effectivedate">visa fraud</a> in the US out of which 10 were <a href="http://www.businessinsider.in/searchresult.cms?query=indian+americans&amp;sortorder=effectivedate">Indian-Americans</a>. The US authorities had created a <keyword id="3312886" type="UNKNOWN" weightage="20" keywordseo="fake-university">fake university</keyword> as a part of a sting operation to expose the <keyword id="581841" type="UNKNOWN" weightage="20" keywordseo="visa-scam">visa scam</keyword>. 
 
The federal authorities arrested 21 people in <a href="http://www.businessinsider.in/searchresult.cms?query=new+york&amp;sortorder=effectivedate">New York</a>, New Jersey, <a href="http://www.businessinsider.in/searchresult.cms?query=washington&amp;sortorder=effectivedate">Washington</a> and Virginia. 
 
According to reports, majority of students who received necessary visa and permits for US during the sting operation who reportedly paid huge sums of money were from India. 
 
"These defendants arranged to obtain visas by having individuals enroll in a fake university. Unfortunately for them, that fake university was run by undercover agents of the Department of Homeland Security," Paul J Fishman, US Attorney for New Jersey, told reporters. 
 
The arrested people were brokers, recruiters and employers who unlawfully and fraudulently obtained or attempted to obtain student visas and foreign worker visas for approximately 1,000 foreign nationals from 26 countries. 
 
Officials, however, did not give the number of Indian students who were trapped by this year-long sting operation done by immigration and law enforcement authorities. 
 
While the US Government did not reveal the nationality of the arrested people, names released by authorities indicate that 10 of them are either Indians or of Indian-origin. 
 
Those name include: Tajesh Kodali, Jyoti Patel, Shahjadi M Parvin, Narendra Singh Plaha, Sanjeev Sukhija, Harpreet Sachdeva, Avinash Shankar, Karthik Nimmala, Govardhan Dyavarashetty and Syed Qasim Abbas.

10 Indian-Americans arrested for visa fraud in US during a sting operation

Unless you have been living under a rock for the past few years, you have surely heard of <keyword id="6354947" type="PERSON" weightage="20" keywordseo="Bitcoin">Bitcoin</keyword>s and cryptocurrencies. The recent interest in cryptocurrencies like Bitcoin and Ether has brought the underlying technology behind them – namely blockchain – into the limelight. It is one of the hottest topics in the FinTech industry and currently being fervently discussed in the blogosphere. So, what is blockchain technology? Blockchain can be simply described as a decentralised ledger which is immutable. This means that once a record has been entered into the ledger, it cannot be erased or altered. It is a distributed list of digital records or transactions that are verified and monitored by a myriad of users simultaneously and almost instantaneously. Each record is referred to as a “block” and typically contains data linking it to the previous block, a timestamp, and transaction data. Since data recorded on a blockchain is not on any single centralized system, but exists on and verified by many different sources, it is theoretically incorruptible. This makes this technology useful for audit trails, keeping track of financial transactions and providing accountability and proof of who did what transaction. Another benefit of blockchain and distributed ledger technology is that it allows firms to code “Smart Contracts”, contracts that can self-execute parts of the transaction as long as certain criteria have been fulfilled. For example, loans could be disbursed automatically as long as the customer possesses the required credit scores. But is the hype surrounding blockchain truly worth major infrastructure changes or is it merely a technological mirage? One of the strongest arguments for using blockchain in the FinTech industry is that it can dramatically accelerate loan origination process and substantially reduce costs. A typical mortgage transaction requires a large number of intermediaries – legal, financial, real-estate – to get involved on behalf of the buyer, seller and lender. Every additional intermediary results in additional costs and time to the transaction. Depending on which part of the world you are in, processing times can range from 40 to 90 working days or more! Also, real estate registry records are still paper-based and antiquated, and <a href="https://www.pwc.com/us/en/financial-services/publications/viewpoints/assets/qa-what-is-blockchain.pdf" data-type="tilCustomLink" target="_blank">blockchain technology could digitise and accelerate the entire process and hypothetically make it more secure</a> since the data is not stored in one place, but on a distributed ledger shared and verified by multiple parties. Another value proposition of blockchain technology is security since records entered into the ledger cannot be altered and need to be verified by every party involved, fraud is theoretically impossible. <keyword id="6005770" type="PERSON" weightage="20" keywordseo="john-lim">John Lim</keyword>, CTO of <a href="http://www.endeavormalaysia.org/juris-technologies-is-malaysias-newest-endeavor-entrepreneur/" data-type="tilCustomLink" target="_blank">Juris Technologies</a> believes the hype surrounding blockchain is a bit overblown. "Blockchain enthusiasts assume that a loan origination process is an entirely manual approach between lawyers, evaluators and customers. Blockchain can reduce costs by making transactions electronic and paperless and supposedly removing intermediaries. But the people who are going to install the blockchain infrastructure are going to be the new intermediaries, and the cost of implementing this technology is not a small sum as well. Using blockchain does not in itself prevent fraud. The <a href="https://www.coindesk.com/mt-gox-ceo-mark-karpeles-arrested-in-japan/" data-type="tilCustomLink" target="_blank">Mt Gox</a> incident from 2014, where USD 450 million in BitCoin was defrauded; proves that human checks are still required at process-end-points (disbursement). Say person A sends money to person B, meanwhile mister hacker defrauds and modifies the network and sends a message to person A "transaction failed". Person A sends the money again, and the second batch is received by mister hacker. There is always a chance that a hacker may obtain access to an authorised personnel's compromised computer and breach the system. To expect that blockchain and distributed ledger is fraud-proof is naïve. However, thanks to blockchain we now have immutable records of the point at which the system was breached so we can detect and trace the roots of the fraud faster.” “While there is no doubt that blockchain technology is useful for cryptocurrencies; for smart contracts that can automatically disburse payment, implementing blockchain infrastructure can prove problematic. You need to have buy-in from different parties and intermediaries in mortgage loan origination, and for each party, it means something different. This integration won't be cheap. Also at any point in the process paper trails are required, like identity cards, passports or land deeds; the blockchain flow will be interrupted by the need to verify a document. Smart contracts can only fly if these documents are fully converted into legally binding electronic documents. The <keyword id="8695" type="LOCATION" weightage="20" keywordseo="Malaysia">Malaysia</keyword>n Digital Signature Act was legislated in 1997; it's been 20 years, and I don’t see any largescale usage of digital signatures in Malaysia or anywhere in the Indian subcontinent. BlockChain has its uses in loan origination, but the improvements I see are incremental until digital signatures become widely adopted,” said John Lim. (The author of this article is Ishtiaque Hossain. Author of <a target="_blank" href="https://www.amazon.com/Wallowing-Dhaka-Ishtiaque-Hossain-ebook/dp/B011F2UE3Y?ie=UTF8&amp;*Version*=1&amp;*entries*=0">Wallowing in Dhaka</a> , Ishtiaque is a writer from <keyword id="6381819" type="LOCATION" weightage="20" keywordseo="Dhaka">Dhaka</keyword>, Bangladesh currently working in the Malaysian FinTech industry. The opinions expressed in this post are the personal views of the author and do not necessarily reflect the views of Business Insider India.)

Blockchain Technology can be a gamechanger in the FinTech industry

<ul class="summary-list"><li>Activist short-seller Hindenburg Research wiped out $153 billion in market value from Adani Group.</li><li>It recently disclosed that it made just $4 million for its efforts.</li></ul>Nate Anderson, the chief mind behind activist short-seller Hindenburg Research, has had an eventful past 18 months.In January 2023, he accused the Indian conglomerate owned by Gautam Adani — one of the world's richest people — of fraud, subsequently wiping out $153 billion in market value from its associated companies. This led Indian regulators to his doorstep and forced him into defensive mode. A war of words has persisted ever since.A year and a half later, the battle continues. And based on new information released by Hindenburg, one might wonder whether it was all worth it.The firm — which describes itself as specializing in "<a target="_blank" href="https://hindenburgresearch.com/about-us/">forensic financial research</a>" — recently disclosed that it's <a target="_blank" href="https://hindenburgresearch.com/adani-update-sebi/">made just $4 million</a> from its considerable efforts. Compared to the nine figures of market value it helped erase, and the $80 billion wiped from Adani's personal fortune, that's a drop in the bucket.Detailed below is the considerable back-and-forth that's taken place since Hindenburg's initial shot across the bow of Adani Group. The tale that follows highlights the lengths a global conglomerate — and the regulatory body with a vested interest in keeping it afloat — will go to defend itself. It also shows the resolute nature of Anderson as he continues fighting back.<h2 id="7df22065-9960-4dfb-a5ba-2a5dced6dda0">The initial report</h2>Hindenburg accused Indian business magnate Gautam Adani in 2023 of pulling off the "largest con in corporate history." It was the result of a two-year-long investigation, which found a number of financial and accounting irregularities in Adani's empire, the firm said in its <a target="_blank" href="https://hindenburgresearch.com/adani/">106-page report.</a>"Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades," the report said. "We believe the Adani Group has been able to operate a large, flagrant fraud in broad daylight in large part because investors, journalists, citizens and even politicians have been afraid to speak out for fear of reprisal," it later added.Hindenburg identified at least 38 shell companies closely related to Adani Group, which it said appeared to engage in stock manipulation and money laundering. It cited "numerous examples"of those companies funneling money through private companies owned by Adani, before cash was set to Adani's listed public companies.The short-seller's investigation also found Adani's private and public companies to have "numerous" undisclosed transactions with other parties, the researchers found, which violates regulatory laws in India.The "labyrinthian network of shells appears to serve several functions, including shuffling losses into private entities to boost reported earnings, and surreptitiously moving money to prop up entities in the group," Hindenburg said.Adani Group was also affiliated with a number of funds that displayed "flagrant irregularities," the research firm said, such as being offshore entities, having concealed ownership information, and having portfolios being "almost exclusively" invested in Adani's firms.One such fund, Elara, controlled another fund that was around 99% concentrated in Adani shares. That suggested to the researchers it was "obvious Adani controls the shares," the report said.Hindenburg attached a list of 88 questions for Adani to answer, which included inquiries into the billionaire's close contacts, Adani Group executives, and investigations into the company by regulators."If Gautam Adani embraces transparency, as he claims, they should be easy questions to answer," the report said.<h2 id="87ef9631-a695-4bbc-86a3-c6c5152527e7">The response</h2>Nursing deep stock losses, Adani Group hit back with its own <a target="_blank" href="https://www.adani.com/-/media/Project/Adani/Invetsors/Adani-Response-to-Hindenburg-January-29-2023.pdf">413-page response</a>, calling Hindenburg's original report "nothing but a lie.""We are shocked and deeply disturbed to read the report published by the 'Madoffs of Manhattan,'" the reply said, referring to Hindenburg. "The document is a malicious combination of selective misinformation and concealed facts relating to baseless and discredited allegations to drive an ulterior motive," it added.The firm disclosed information on its accounting practices and professional relationships, while disputing many of the claims in the Hindenburg report.Transactions that were identified as suspicious by Hindenburg's team were in compliance with local laws and accounting standards, it said. Offshore companies and funds mentioned in Hindenburg's report were merely public shareholders in Adani-listed companies, the retort added."A listed entity does not have control over who buys/sells/owns the publicly traded shares or how much volume is traded, or the source of funds for such public shareholders nor it is required to have such information for its public shareholders under the laws of India. Hence we cannot comment on trading pattern or behavior of public shareholders," Adani's report said.The firm also criticized Hindenburg for its financial stake in releasing the report, calling the firm an "unethical short seller" and guilty of a "flagrant breach of applicable securities and foreign exchange laws.""This is rife with conflict of interest and intended only to create a false market in securities to enable Hindenburg, an admitted short seller, to book massive financial gain through wrongful means at the cost of countless investors," it said.Hindenburg issued a reply to Adani on the same day, denying any wrongdoing from its original report. They argued that Adani Group's reply failed to answer most of their questions. The conglomerate also didn't dispute the existence of certain "suspect" transactions, nor did it explain "their obvious irregularities," researchers added."We also believe that fraud is fraud, even when it's perpetrated by one of the wealthiest individuals in the world," Hindenburg Research said in its reply.Adani Group eventually <a target="_blank" href="https://www.ft.com/content/d0d318ce-b223-4026-8e7a-69bbd55d36f7">lawyered up</a> and readied for a fight, though the damage had already been done. In less than a week, Adani, known as the world's third richest man, saw his personal wealth plummet by $52 billion.<h2 id="5d579a08-65ec-42f4-bed2-9a0ffa2f2dd5">Conflict over Hindenburg's short-selling arrangement</h2>Indian regulators have raised specific questions about the structure of Hindenburg's short bet on Adani Group. The Securities and Exchange Board of India — the country's version of the SEC — sent a notice to Hindenberg in June 2024, raising questions about the nature of the report and the firm's relationship with Kingdon Capital Management, a New York hedge-fund involved in building a short position against Adani Group.Hindenburg's initial report was described to be "misleading" and have contained "inaccurate statements.""These misrepresentations built a convenient narrative through selective disclosures, reckless statements, and catchy headlines, in order to mislead readers of the report and cause panic in Adani Group stocks, thereby deflating prices to the maximum extent possible and profit from the same," the notice read.Regulators also revealed that Hindenburg had shared its research with Kingdon prior to publication. The two companies had a profit-sharing agreement, the notice says, with Hindenburg set to get 25% of Kingdon's profits for the short bet.Kingdon ended up making $22.3 million on the bet, $5.5 million of which is owed Hindenburg. $4.1 million of that had been paid as of the start of June, the document shows.Hindenburg shrugged off the letter as "nonsense," and an attempt to ward off whistleblowers who expose corruption among the country's most powerful people and companies."One might think that a securities regulator would be interested in meaningfully pursuing the parties that ran a secret offshore shell empire engaging in billions of dollars of undisclosed related party transactions through public companies while propping up its stocks through undisclosed share ownership via a network of sham investment entities," Hindenburg said in its reply.It added: "Instead, SEBI seems more interested in pursuing those who expose such practices."<h2 id="9e74ab2d-614e-4861-acce-77b6ae2aed56">A passion for 'finding scams'</h2>Backlash is nothing new to Anderson, who's <a target="_blank" href="https://markets.businessinsider.com/news/stocks/carl-icahn-hindenburg-research-short-seller-adani-group-nikola-block-2023-5">targeted other high-profile financiers</a> and began sniffing out wrongdoers on Wall Street long before he launched Hindenburg Research in 2017.This decade alone he's been instrumental in weeding out companies in the electric-vehicle industry. His work on Nikola led to fraud charges against its founder, and he also called out now-defunct Lordstown Motors for hyping up commercial interest in its product.More recently he <a target="_blank" href="https://hindenburgresearch.com/icahn/">took aim at activist investor Carl Icahn</a> and his famed operation, Icahn Enterprises."Find[ing] scams" has been a life-long passion, he <a target="_blank" href="https://www.nytimes.com/2021/08/16/business/short-seller-wall-street-scams-hindenburg.html">told the New York Times in a 2021 interview</a>, adding that he had spent hours off-the-clock looking into potential schemes, to the chagrin of some of his former bosses."I didn't plan it this way," he told the Times. "It was a side hobby that my employers were sometimes annoyed by."Fraud-finding is one of his top goals of 2024, he wrote in a <a target="_blank" href="https://x.com/NateHindenburg/status/1609949199730348033">post</a> on X in January."My 2023 New Years professional resolution is to work with our @HindenburgRes team to expose some of the biggest frauds and financial charlatans in the world," Anderson wrote. "I am very confident we will achieve this goal."

How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money

By Fakir Hassen Johannesburg, Jun 3 () Indian-origin South African Nischal Mewalall, an expert in fighting money laundering and terrorism financing, has been appointed as the chief operating officer of SABRIC, a non-profit company that assists in combating organised bank-related crimes. The South African Banking Risk Information Centre (SABRIC) was formed by the country's major banks, and besides assisting in combating organised bank-related crimes, it also keeps people informed about the latest banking scams and fraudster activity. Mewalall was appointed after an extensive search, Chair of the SABRIC Board Yacoob Abba Omar said. "He brings to the organisation a wealth of experience and insights which can only help build on SABRIC's firm foundations, while also looking at innovative responses to the ever-evolving world of crime and fraud," Omar said in a statement. Mewalall joins SABRIC from his post of head of crime and security risk management at the First National Bank, one of South Africa's leading financial institutions. He was responsible for coordinating the detection and response to crime and security threats across the bank's mother company FirstRand Group. Mewalall started his career at the National Prosecuting Authority as a prosecutor and subsequently spent 13 years at the Financial Intelligence Centre leading the regulatory body's monitoring and analysis division. He has extensive experience in combatting money laundering and terrorist financing in South Africa through collaboration with law enforcement, prosecution services, and tax and intelligence agencies. Mewalall has served in various public sector structures, including the anti-corruption task team, as director and board member of the Southern African Fraud Prevention Service, and as the deputy chair of SABRIC Integrated Crime Risk Management Committee. "I look forward to leading SABRIC and building on its success by leveraging technology, data and artificial intelligence to bring even greater value to our members and stakeholders," he said. Mewalall also highlighted his passion for using technological innovation to solve contemporary crime challenges. FH ANB ANB

Indian-origin S African appointed COO of company assisting in combating organised bank-related crimes

<ul class="summary-list"><li>Hindenburg Research accused India's Adani Group of "brazen stock manipulation" in report published this week.</li><li>Pershing Square CEO Bill Ackman said he found the short-seller's report "highly credible and extremely well researched".</li></ul>Bill Ackman has voiced his support for Hindenburg Research's report accusing the Indian conglomerate Adani Group of "brazen stock manipulation and accounting fraud".Short-sellers Hindenburg accused the world's third-richest man Gautam Adani of "<a href="https://hindenburgresearch.com/adani/" target="_blank" rel="noopener">pulling the largest con in corporate history</a>" in a report published Tuesday, which the research firm said revealed the findings of a two-year investigation. Adani Group had inflated its own valuation by manipulating the stock market and committing accounting fraud, the report had said."I found the Hindenburg report highly credible and extremely well researched," Pershing Square Capital Management CEO Ackman aid on Twitter late Thursday.Adani has said <a href="https://markets.businessinsider.com/news/stocks/adani-group-legal-action-hindenburg-short-seller-2023-1">it could explore legal action</a> against Hindenburg, with CFO Jugeshinder Singh calling the activist investor's report <a href="https://www.adani.com/Newsroom/Media-Release/Media-Statement-on-Hindenburg-Research-Report" target="_blank" rel="noopener">"maliciously mischievous" and "unresearched"</a>.It's since issued an <a href="https://markets.businessinsider.com/news/stocks/adani-hindenburg-fraud-allegations-share-sale-2023-1">18-page presentation called "Myths of Short Seller"</a> where it sought to double down on its fightback against Hindeburg's report."Adani Group's response speaks volumes," Ackman said. "Caveat emptor."Ackman also compared Adani Group to <a href="https://markets.businessinsider.com/stocks/hlf-stock">Herbalife</a> – the multi-level marketing company that <a href="https://markets.businessinsider.com/news/currencies/bill-ackman-biggest-trades-hong-kong-dollar-short-covid-netflix-2022-12#3-herbalife-2012-3">Pershing Square unsuccessfully shorted between 2012 and 2017</a> in one of the billionaire investor's biggest-ever losses."Adani's response to Hindenburg Research is the same as Herbalife's response to our original 350-page presentation," he added. "Herbalife remains a pyramid scheme."Ackman added that his funds don't have long or short positions in either Adani or Herbalife – and said readers should view the tweets as his judgment on Hindenburg's latest report rather than investment advice.Read more: <a href="https://markets.businessinsider.com/news/currencies/bill-ackman-biggest-trades-hong-kong-dollar-short-covid-netflix-2022-12">Bill Ackman's latest short is a 'smart lottery ticket' bet against the Hong Kong dollar – here are 7 of his biggest trades</a>

Bill Ackman says he finds short-seller's Adani Group report 'highly credible' – and notes similarities to 'pyramid scheme' Herbalife

Ramesh "Sunny" <keyword id="5886401" type="General" weightage="100" keywordseo="balwani" source="Orion">Balwani</keyword>, the Indian-origin former chief operating officer of a US-based failed blood-testing start-up, Theranos, has lost his bid to remain free while he appeals his conviction on fraud charges that prosecutors said risked patient health and defrauded the firm's investors of millions of dollars, according to a media report. A federal judge on Thursday, in a 17-page ruling, denied the motion by Balwani to remain free until his appeal to a higher court is resolved, the CBS News channel reported. US District Judge <keyword id="4723270" type="General" weightage="50" keywordseo="edward-davila" source="Orion">Edward Davila</keyword> held a nearly two-hour hearing on Balwani's motion in mid-February but delayed ruling until six days before the convict must report to prison. Balwani, 57, was sentenced in December last year in California to 12 years and 11 months in federal prison for fraud that risked patient health by misrepresenting the accuracy of Theranos blood analysis technology and that defrauded the blood-testing company's investors of millions of dollars. In addition to the 155-month prison term, District Judge Davila sentenced Balwani to three years of supervision following his release from jail. Balwani was ordered to surrender on March 15, 2023, to begin serving his prison sentence. In the order issued late Thursday, District Judge Davila wrote that although Balwani "is not likely to flee or pose" a danger to the community, "the most important requirement for staying free while the 9th Circuit Court of Appeals looks at the case was not met, the report said. The convict did not show that there was a "substantial" error in the trial that would "likely result in a reversal or new trial," the report added. Balwani was employed from September 2009 through July 2016 at the Palo Alto-based blood-testing company founded in 2003 by his former girlfriend, <keyword id="2450348" type="General" weightage="50" keywordseo="elizabeth-holmes" source="Orion">Elizabeth Holmes</keyword>, who was once touted as Silicon Valley's rising star. Balwani and <keyword id="3105" type="General" weightage="50" keywordseo="holmes" source="Orion">Holmes</keyword>, who was the firm's chairperson and CEO, claimed Theranos developed a "revolutionary blood analyser" that could run any blood test run by conventional labs using only a minor blood sample drawn via a fingerstick rather than the traditional draw from a vein, US Attorney <keyword id="14530905" type="General" weightage="50" keywordseo="stephanie-hinds" source="Orion">Stephanie Hinds</keyword> said in a statement at the time of the trial. The duo asserted that the Theranos proprietary analyser produced results that were cheaper, more reliable and less variable than the existing methods and obtained results faster than ever possible before. However, proof from last year's trial demonstrated that Balwani and Holmes knew that the analyser performed only a few basic tests and was slower than existing devices. According to the statement, The duo repeatedly used conventional machines to obtain the blood test results that the Theranos analyser was supposed to perform. They led investors and the public to believe that Theranos was conducting all its tests using only its analyser. Trial evidence showed that the fraud brought "spectacular personal wealth" to Balwani, who owned nearly 30 million shares of Theranos - over 6 per cent of the company - worth hundreds of millions of dollars at the peak of the fraud. Last year, Davila sentenced Holmes to 11 years and three months in federal prison and ordered her to surrender to begin serving her sentence on April 27, 2023. Federal criminal charges were initially filed against Balwani and Holmes in June 2018. In July 2020, a federal grand jury returned a superseding indictment charging both with two counts of conspiracy to commit wire fraud and ten counts of wire fraud. In July this year, Balwani was convicted by a federal jury on all counts after a four-month trial. Balwani was tried separately from Holmes, and in her trial, Holmes was not convicted of all counts. Balwani was born in Pakistan, but his family is said to have moved to India. He moved to the US from India during the 1980s and studied at the University of Texas. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/news/iit-kanpur-licenses-gene-therapy-to-reliance-life-sciences/articleshow/98539624.cms">IIT Kanpur licenses gene therapy to Reliance Life Sciences</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/karnataka-records-its-first-h3n2-variant-death/articleshow/98539607.cms">Karnataka records its first H3N2 variant death</a>

Top Theranos executive Sunny Balwani loses bid to stay prison-free during appeal

New Delhi, Mar 12 () The Commerce Ministry is in the process of restructuring its Directorate General of Commercial Intelligence and Statistics (DGCI&amp;S) for creating a new Data Management and Research Unit (DMRU), sources said. The Kolkata-based DGCI&amp;S is an organisation for collection, compilation and dissemination of India's merchandise trade statistics and commercial information. Sources said that to bridge issues of data management and analysis being out of sync with policy related requirements, a complete integration is necessary. The entire organization of DMRU will be placed in New Delhi, and there will be a comprehensive revamp of IT system and data management. As per the plan there will be two stages of implementation, they added. While the first stage will address data access for official use and migration into a cloud-based server system, the second stage will be a comprehensive revamp of data collection and processing. The implementation of commercial intelligence operations will be moved to the Directorate General of Foreign Trade (DGFT). "As per the plan, DGCI&amp;S will be merged with the department of commerce and it will be replaced by DMRU," sources added. Further, DMRU will build capabilities in big data analysis, deployment of artificial intelligence and it will be responsible to bring data driven policy making in the department. It will also work closely with DGTR (Directorate General of Trade Remedies) and DGFT to build capabilities in trade defense, fraud prevention as well as data led export promotion. The new unit will integrate with trade commissioners at various Indian embassies and territorial divisions with a view to systematically and regularly collect inputs regarding commercial opportunities abroad and create a portal based access restricted to Indian business persons. Besides, it will collect trade and commercial intelligence about non-tariff barriers faced by Indian imports, information about government subsidies, intelligence about dumping and circumvention and disseminate the same to relevant wings of the department of commerce and line ministries based on the need. "DMRU will be responsible to set up data exchange mechanisms with other departments and ministries for trade related data. It shall build data repositories by setting up exchanges with GSTN as well as line ministries responsible for administration of different industrial sectors," sources said. It will also be responsible to set up data exchange mechanisms with partner countries and international organisations. There will be a total of 17 Group A officers in the new unit. On the need for the new unit, sources added that considerable mismatches have been detected in DGCI&amp;S data. It was also not capturing data related to trans-shipments, last known country of destination and other vital data for policy making. The institution originated in pre-independent India in 1871 and is located in Kolkata. RRRVK

ComMin to create Data Management and Research Unit by restructuring DGCI&S

In what can be a setback for <keyword id="6357549" type="UNKNOWN" weightage="20" keywordseo="Indian-IT-companies">Indian IT companies</keyword> such as <a href="http://www.businessinsider.in/searchresult.cms?query=tcs&amp;sortorder=effectivedate">Tata Consultancy Services </a>(<keyword id="6357150" type="CITY" weightage="20" keywordseo="TCS">TCS</keyword>), <a href="http://www.businessinsider.in/searchresult.cms?query=infosys&amp;sortorder=effectivedate">Infosys</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=wipro&amp;sortorder=effectivedate">Wipro</a>, etc, the <a href="http://www.businessinsider.in/searchresult.cms?query=H1B+visa&amp;sortorder=effectivedate">H1-B bill </a>is introduced in the <a href="http://www.businessinsider.in/searchresult.cms?query=donald+trump&amp;sortorder=effectivedate">US House of Representatives</a>. 
 
One of the key features of the bill is more than doubling the minimum salary of H-1B visa holders to USD 130,000, which can be difficult for <a href="http://www.businessinsider.in/searchresult.cms?query=indian+IT+sector&amp;sortorder=effectivedate">Indian IT market</a>. 
 
Following the tabling of the bill in America, IT stocks plunged. 
 
The High-Skilled Integrity and Fairness Act of 2017 introduced by California Congressman Zoe Lofgren prioritises market based allocation of visas to those companies willing to pay 200 per cent of a wage calculated by survey, eliminates the category of lowest pay, and raises the salary level at which H-1B dependent employer are exempt from non displacement and recruitment attestation requirements to greater than USD 130,000. 
 
This is more than double of the current H-1B minimum wage of USD 60,000 which was established in 1989 and since then has remained unchanged. 
 
"My legislation refocuses the H-1B programme to its original intent - to seek out and find the best and brightest from around the world, and to supplement the US workforce with talented, highly-paid, and highly-skilled workers who help create jobs here in America, not replace them," said Lofgren. 
 
"It offers a market-based solution that gives priority to those companies willing to pay the most. This ensures American employers have access to the talent they need, while removing incentives for companies to undercut American wages and outsource jobs," he said. 
 
Lofgren said it removes the 'per country' cap for employment based immigrant visas so that all workers are treated more fairly and to move to a system where employers hire the most skilled workers without regard to national origin. 
 
It raises the salary level at which H-1B dependent employer are exempt from attestation requirements to a new required wage level of 35 percentile points above the median national annual wage for Computer and Mathematical Occupations published by the Department of Labour Occupational Employment Statistics (roughly USD132,000), which would be adjusted in the future without the need for new legislation, and eliminates the Master's Degree exemption for dependent employers. 
 
The legislation sets aside 20 per cent of the annually allocated H-1B visas for small and start-up employers (50 or fewer employers) to ensure small businesses have an opportunity to compete for high-skilled workers, while still protecting against outsourcing. 
 
It among other things removes visa hurdles for students and other temporary visa holders by building a bridge from F-1 student status to Lawful Permanent Residence and removes paperwork burdens by streamlining H-1B filing requirements and reducing administrative costs. 
 
The legislation tightens employee protection by stipulating that employers may not reduce beneficiary wages, regardless of whether the deduction is in accordance with a voluntary authorisation by the employee. 
 
It makes exceptions for taxes, garnishments, and deductions that are reasonable and customary in the occupation. 
 
In related development, Senator Sherrod Brown has announced to introduce H-1B and L-1 Visa Reform Act in the Senate which he said would close loopholes in the H-1B and L-1 visa programs and provide increased protections for both American workers and visa holders. 
 
"We need to crack down on the fraud and abuse that allows corporations to avoid paying Americans fair wages and exploit foreign workers," said Brown. 
 
"During his campaign, President Trump promised to increase oversight of our H-1B and L-1 visa programs and reform starts with this bipartisan legislation to ensure that American businesses are giving American workers a fair shot at good-paying jobs," he said. 
 
The bill would require that employers first offer a vacant position to an equally or better qualified American worker before seeking an H-1B or L-1 visa holder. 
 
It would also establish wage requirements for L-1 workers and improve H-1B wage requirements to encourage companies to hire qualified American workers and prevent them from using foreign workers as a source of cheap labour. 
 
Under the H-1B and L-1 Visa Reform, the Department of Labor (DOL) and the Department of Homeland Security (DHS) would have additional oversight authority to investigate fraud and abuse as well as to increase penalties for companies that violate the bill's requirements. 
 
The bill also requires DOL and DHS to share information so that visa petitions are effectively scrutinised.

Setback for TCS, Infosys, Wipro, other IT companies? Donald Trump Govt introduces H-1B Bill

<ul><li>Emotet malware was developed as a banking trojan that steals personal information.</li><li>The malware was deactivated a year ago but has again been detected in November 2021.</li><li>This time, <keyword id="182214" type="General" weightage="20" keywordseo="google-chrome" source="Orion">Google Chrome</keyword> users are at risk as it targets stealing credit and <keyword id="14160108" type="General" weightage="20" keywordseo="debit-card-information" source="Orion">debit card information</keyword>.</li></ul>Google Chrome users are yet again at the risk of being compromised by another banking trojan. This time, it’s not a new one, but it is capable of stealing your credit and debit card information. The malware known as Emotet mainly spreads through spam mails and tempts users to click on the infected files and links. Originally, the Emotet virus was used to access the sensitive and private information of foreign devices. After staying dormant for a while, it seems like Emotet has made its way back again with its new variant that targets Google Chrome users by stealing their card information. Emotet peeks into your system and tries to steal card information like name, expiry date and card numbers from Google Chrome profiles. It collects information and then transfers it to the command-and-control (C2) server. Also, it has the ability to hide from anti-virus software. Tips to keep yourself protected from Emotet <ul><li>Install all security updates to prevent the virus from sneaking in.</li><li>Scan your system regularly and install all the necessary virus and malware protection programs.</li><li>Read the mails carefully and avoid clicking on fishy links.</li><li>Keep a backup of your data.</li></ul>Emotet is considered one of the most dangerous malware as it not only spreads via mail but also is used as a dropper for other malwares like TrickBot. TrickBot is also a banking trojan that steals and accesses personal information, financial details and account credentials by sending fraud banking links. SEE ALSO: <a href="https://www.businessinsider.in/india/news/how-to-use-indian-railways-destination-alert-service/articleshow/92106794.cms" style="">What is Indian Railways destination alert service and how to use it</a> <a href="https://www.businessinsider.in/tech/apps/news/how-to-prevent-your-instagram-account-from-getting-hacked/articleshow/92103322.cms" style="">How to prevent your Instagram account from getting hacked</a>

This new Google Chrome malware can steal your credit and debit card information

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Apple CEO Tim Cook toured China and India last week, and <a href="http://www.businessinsider.com/photos-tim-cooks-big-trip-to-asia-2016-5">judging from the photos taken of him</a>, it seems like he made some long-lasting&#xa0;memories.But there was one episode outside New Delhi last Friday he'd&#xa0;likely rather forget: <a href="http://economictimes.indiatimes.com/news/politics-and-nation/apple-ceo-tim-cook-caught-on-wrong-foot-over-fake-cover/articleshow/52371739.cms">According to the Economic Times</a>, Cook had a moment at a store in Gurgaon where he pointed to what was apparently an Apple-branded iPhone case and wondered out loud if it was "counterfeit."Turns out, the case&#xa0;was real. <a href="http://economictimes.indiatimes.com/news/politics-and-nation/apple-ceo-tim-cook-caught-on-wrong-foot-over-fake-cover/articleshow/52371739.cms">From the story</a>:When Tim Cook visited an Apple retail store on Friday at Galleria market in Gurgaon, he raised concern over a 'counterfeit' accessory. Officials of Apple India and functionaries at the retail store went into a tizzy as Cook demanded an explanation right on the spot.To relief of the India team and the supplier, the accessory - a turquoise-colored iPhone cover - was found to be original. Cook thought it's fake as the color and the different packaging is perhaps not sold in the US or some of the other markets.The episode underscores Apple's challenges in India as it hopes to turn the country into another major market for iPhone sales.&#xa0;One issue in India, apart from l<a href="http://www.businessinsider.com/apple-brand-awareness-in-india-under-50-2016-4">ow brand awareness</a>, is that the distribution network is not as robust as it is in other countries, such as China. Apple sells through "authorized dealers" in India, but the lack of a strong network of retailers means that certain stores might see fake knockoff Apple products as a quick route to a buck.&#xa0;That's part of the reason Apple wants to open its own stores in the country - to give Indians a reliable place to buy iPhones as well as increase brand awareness around the country.In fact, the location Cook visited does not show up when you search for <a href="https://locate.apple.com/in/en/storetype/?s=2&amp;a=28+1001%2C+Sector+30+M+Wide+Rd%2C+DLF+Phase+IV%2C+Sector+28%2C+DLF+Phase+IV%2C+Sector+28%2C+Gurgaon%2C+Haryana+122002%2C+India&amp;f=lllll2l">certified shops around Gurgaon</a>&#xa0;on Apple's website.&#xa0;The case Cook mistook for a fraud may have been <a href="http://www.bestbuy.com/site/apple-iphone-6s-silicone-case-turquoise/4561491.p?id=1219767656025&amp;skuId=4561491">this model&#xa0;that was phased-out in the United States</a>, but the dealer in India might have had leftover stock - and given the prevalence of fake Apple goods in both China and India, it's a justifiable&#xa0;error.&#xa0;Here's what the scene looked like:&#xa0;<div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/an-in-wall-vacuum-makes-sweeping-so-much-easier-2016-5">An in-wall vacuum makes sweeping so much easier</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="dpdmttMzE6RxfJlmyc4f-c4pN1QaXh0-" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "Indian origin fraud" and got 13 results

Indian-origin fraudster jailed for 8 years for targeting elderly victims in UK

PTI

Indian-origin Ramesh Balwani gets 20 years in prison for defrauding investors and patients in US

IANS

Now Indian-origin Start-up Impermium Is Joining Google

Sanghamitra Mandal

10 Indian-Americans arrested for visa fraud in US during a sting operation

BI India Bureau

Blockchain Technology can be a gamechanger in the FinTech industry

Guest Author

How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money

Jennifer Sor

Indian-origin S African appointed COO of company assisting in combating organised bank-related crimes

PTI

Bill Ackman says he finds short-seller's Adani Group report 'highly credible' – and notes similarities to 'pyramid scheme' Herbalife

George Glover

Top Theranos executive Sunny Balwani loses bid to stay prison-free during appeal

PTI

ComMin to create Data Management and Research Unit by restructuring DGCI&S

PTI

Setback for TCS, Infosys, Wipro, other IT companies? Donald Trump Govt introduces H-1B Bill

BI India Bureau

This new Google Chrome malware can steal your credit and debit card information

Shradha Aneja

Tim Cook reportedly thought a real iPhone case made by Apple was a fake

Kif Leswing

Popular Keywords

Buying Guides