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SEBI tightens grip to combat market abuse in mutual fund, including front-running and fraudulent transactions

The Securities and Exchange Board of India (SEBI), the stock market regulator, has issued a circula…

ANI   


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2 mins read

Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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23andMe appoints new board members as it works to stem the company's slide

23andMe has appointed three new independent directors to its board.

Lauren Edmonds   


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Raymond shares hits record high after textile company's board announces demerger of real estate arm

The shares of Raymond surged around 10 per cent to Rs 3236 per share as the stock markets opened th…

ANI   


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Indian Railways plans 7,000 additional journeys with 164 special trains during festive season

For certain areas where the railways expect overcrowding, additional seating arrangements and resti…

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Mark Cuban says Silicon Valley tech bros have lost their grip on reality and now want to be the board of directors to Trump's CEO

"It's not so much a support thing. It's more like a takeover thing," Cuban said of the support Tru…

Kwan Wei Kevin Tan   


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Bed Bath & Beyond board members were concerned Ryan Cohen got insider info before his $60 million windfall, new deposition details show

Bed Bath & Beyond's CEO testified she had concerns about Ryan Cohen's relationship with some board …

Jennifer Sor   


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Tesla investor Ross Gerber says he's been dumping the stock because no one wants the company's cars or robots

"We've seen sales go down, and that's what's happening. If you're expecting a great quarter, you're…

Jennifer Sor   


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SEBI bans industrialist Anil Ambani and 23 entities associated with him for trading in stock markets for 5 years

This final order of the market regulator comes after a thorough investigation of allegations, which…

ANI   


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3 mins read

OpenAI board members brush off warning from ex-directors and defend Sam Altman as 'highly forthcoming'

OpenAI board members Bret Taylor and Larry Summers responded to recent criticism from ex-board dire…

Ana Altchek   


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Read the memo 23andMe's cofounder sent to staff after the entire board quit

23andMe's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to…

Geoff Weiss   


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4 mins read

Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …

PTI   


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Sheryl Sandberg leaves Meta's board of directors

Sheryl Sandberg on Thursday announced to leave Meta's board of directors and will not stand for re-…

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Sheryl Sandberg is leaving Meta's board of directors

Sheryl Sandberg said she was leaving the board of directors at Meta after 12 years. She also served…

Kelsey Vlamis   


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Elon Musk has 'betrayed' Tesla investors by prioritizing his other companies over the carmaker, Elizabeth Warren says

Elon Musk could be shirking responsibilities at Tesla by focusing on his other companies, Elizabeth…

Jennifer Sor   


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4 mins read

Stock market closing: Nikkei makes a sharp rebound, Sensex ends below 79k and Nifty slips below 24k

Britannia (up by 2.81%), JSW Steel (up by 2.35%), Tech Mahindra (up by 1.74%), Larsen and Toubro (u…

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Eammon Jacobs   


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SEBI working on a model offer document for firms to 'fill in the blanks' to get IPO approvals, says Buch

SEBIs Madhabi Puri Buch revealed initiatives to speed up IPO approvals with a new templated approac…

PTI   


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Sam Altman is leaving a key OpenAI board. His departure should satisfy some big critics.

OpenAI just announced the members of its revamped Safety and Security Committee. CEO Sam Altman is …

Shubhangi Goel   


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Tesla's board of directors will return $735 million on claims they were overpaid

The settlement excludes Elon Musk, who is the subject of a separate lawsuit over his $56 billion co…

Jennifer Sor