Hindenburg Research, noted for contentious short selling and aggressive practices, has ceased operations. Ajay Bagga, a market expert, highlighted concerns over their model, citing potential financial unviability and regulatory pressure. Known for damaging company reputations for profit, Hindenburg’s 'predatory' approach and lack of transparency have raised ethical and legal debates in the financial world.
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Zomato CEO Deepinder Goyal apologised for imposing a Rs 2 fee for enabling a vegetarian mode, calling it "stupid." He assured the charge would be removed and corrective measures would be taken to prevent such mistakes. This response followed criticism from Rohit Ranjan, who highlighted the issue on LinkedIn, calling the charge unfair.
BJP leader Amit Malviya shared a photo linking Karnataka CM Siddaramaiah with actress Ranya Rao, who is accused in a gold smuggling case. Malviya took a dig at Deputy CM DK Shivakumar, who had earlier denied any political connection to the case, further escalating tensions.
AIMIM chief Asaduddin Owaisi criticized BJP leaders, labeling them "tubelights" after controversial remarks by BJP MPs against the Supreme Court and Chief Justice of India. Owaisi defended the judiciary, referencing Article 142 of the Constitution. The BJP has distanced itself from the MPs' statements, with party president J.P.
Nigerian boxing champion Gabriel Olanrewaju tragically died after collapsing during a fight in Ghana. The 40-year-old lost consciousness in the third round and later died in the hospital, raising concerns over the bout's organization and approval.
Anonymous, the hacking collective, claims responsibility for a significant cyberattack targeting Russia. They assert to have released 10TB of leaked data, encompassing details on Russian businesses, Kremlin assets, pro-Russian officials, and alleged information related to Donald Trump. This action is declared as part of their 'cyber war' in defense of Ukraine, following earlier warnings about Trump's connections with Russia.
Zomato CEO Deepinder Goyal discussed the company's performance in quick commerce and claimed Zepto burns more cash. However, Zepto CEO Aadit Palicha countered, labeling Goyal's statement as inaccurate and assuring transparency through their financial filings, affirming commitment to the Indian startup ecosystem.
President Donald Trump has announced a new tariff regime, imposing a 10% baseline tax on imports from all nations and higher levies on countries with a trade surplus with the US. This action, justified as correcting trade imbalances, has significantly affected India with a 26% tariff on all its exports, leading to a negative market reaction.
Gurindervir Singh's journey from a small village in Punjab to becoming India's fastest man is inspiring. Despite facing adversities like health issues and financial struggles, his determination led him to break national records. With his father's motivation and relentless training, he aims for more success while highlighting the financial challenges faced by Indian athletes.
Spanish police arrested two individuals in connection with the disappearance of a 33-year-old Cuban man in October 2023. A Google Street View image, showing a white-shrouded object being loaded into a car, aided the investigation. While not the sole factor, the image corroborated other evidence, including suspicious text messages sent from the victim's phone.
Anaheim Ducks forward Trevor Zegras has been suspended for three games without pay for interference on Detroit Red Wings forward Michael Rasmussen. The suspension results from a high hit delivered by Zegras after Rasmussen had already passed the puck, causing an injury to Rasmussen.