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'Adani Group Never Backed Down, Emerged More Formidable': Gautam Adani
Adani Group is set to invest $15-20 billion over the next five years across businesses, the company's Chairman Gautam Adani has said, touting the Group's strong balance sheet and robust business growth.
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Trump Media to Raise $2.5 Billion to Invest in Bitcoin
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
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Rare Sea Smoke and Streaming Snow Phenomena Captured Near Pine Island Glacier
In October 2024, Pine Island Glacier displayed unusual atmospheric phenomena, including rare sea smoke and blowing snow. Captured by NASA's Landsat 8, these events were visible due to clear skies. Strong winds pushed warmer water to the surface, creating sea smoke, while blowing snow from the West Antarctic Ice Sheet influenced the glacier’s land...
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CBSE Board Exam 2024 Highlights: Class 10 Social Science Paper Had Balanced Difficulty Level, Says Teacher
CBSE board exam 2024: CBSE Class 12 exams will be held until April 2 while Class 10 exams will take place till March 13.
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Switch To Other Apps From Paytm, Traders' Body To Businesses: 10 Points
The Confederation of All India Traders (CAIT) has asked traders to switch from Paytm to other payment apps, after the Reserve Bank of India (RBI) ordered Paytm Payments Bank to stop services from February 29 over alleged violations of norms.
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Budget For Home Ministry: Huge Raise In Funds For Security, Border Infra
Finance Minister Nirmala Sitharaman has taken a balanced approach in allocating funds to run policies, services, and activities under the Home Ministry in interim Budget 2024. For example, security related expenses have seen a hike of 22 per cent.
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Google Unveils A Brand-New Android Logo: 5 Points
Google has revealed its fresh Android logo, and according to brand manager Jason Fournier, it now bears a closer resemblance to Google's own logo, aiming to strike a balanced synergy between the two brands.
-
US Regulators Seize Troubled First Republic Bank, JPMorgan To Acquire It
JPMorgan Chase & Co. won the bidding to acquire First Republic Bank in an emergency government-led intervention after private rescue efforts failed to fill a hole on the troubled lender's balance sheet and customers yanked their deposits.
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Troubled Juventus Docked 15 Points In Suspect Transfer Trial
Juventus, three other Serie A clubs and 62 people including former Juventus chairman Andrea Agnelli were acquitted by the FIGC's court last year of using transfers to artificially boost their balance sheets
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CoinSwitch Gets Balance Sheet Verified by Independent Agency in Cryptoquake Aftermath
CoinSwitch Kuber has claimed to have received a verification of its balance sheets from INMACS. The aim was to prove that the Indian crypto exchange holds sufficient reserves to match its customer investments. It is however, noteworthy, that the report confirms of CoinSwitch’s fund sufficiency as of November 4, 2022, that is over two weeks ago. I...
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CryptoCom CEO Tries to Reassure Investors; Says Balance Sheet Strong, Exchange Not in Trouble
CryptoCom, the Singapore-based crypto exchange, attempted to reassure customers on Monday, as the CEO said the firm had a robust balance sheet and took no risks. An audited proof of reserves report will be published within weeks, he said, and that the exchange did not engage in any "irresponsible lending products". The cryptocurrency market is alre...
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Binance FTX Takeover Deal: How the Crypto Exchange's Plan to Buy Its Rival Unfolded in a Matter of Days
Binance signed a non-binding agreement to acquire rival crypto firm FTX on Tuesday, and the announcement capped a series of back-and-forth salvos between the CEOs of both firms. Earlier on Tuesday, FTX's CEO had assured investors that the firm's assets were in order. Here's how Binance's plan to buy its rival unfolded in a matter of days.
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FTX Founder Dismisses Balance Sheet Concerns After Rival Binance Announces Token Liquidation
FTX Founder Sam Bankman-Fried on Monday reassured investors in a series of tweets after Changpeng Zhao, the CEO of rival Binance said on Sunday that the exchange planned to liquidate its holdings of the former's token. Zhao had stated that the FTX token holdings would be sold "due to recent revelations that have come to light", but did not specify ...
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Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore)Â in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
-
'Adani Group Never Backed Down, Emerged More Formidable': Gautam Adani
Adani Group is set to invest $15-20 billion over the next five years across businesses, the company's Chairman Gautam Adani has said, touting the Group's strong balance sheet and robust business growth.
-
Trump Media to Raise $2.5 Billion to Invest in Bitcoin
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
-
Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
-
Rare Sea Smoke and Streaming Snow Phenomena Captured Near Pine Island Glacier
In October 2024, Pine Island Glacier displayed unusual atmospheric phenomena, including rare sea smoke and blowing snow. Captured by NASA's Landsat 8, these events were visible due to clear skies. Strong winds pushed warmer water to the surface, creating sea smoke, while blowing snow from the West Antarctic Ice Sheet influenced the glacier’s land...
-
CBSE Board Exam 2024 Highlights: Class 10 Social Science Paper Had Balanced Difficulty Level, Says Teacher
CBSE board exam 2024: CBSE Class 12 exams will be held until April 2 while Class 10 exams will take place till March 13.
-
Switch To Other Apps From Paytm, Traders' Body To Businesses: 10 Points
The Confederation of All India Traders (CAIT) has asked traders to switch from Paytm to other payment apps, after the Reserve Bank of India (RBI) ordered Paytm Payments Bank to stop services from February 29 over alleged violations of norms.
-
Budget For Home Ministry: Huge Raise In Funds For Security, Border Infra
Finance Minister Nirmala Sitharaman has taken a balanced approach in allocating funds to run policies, services, and activities under the Home Ministry in interim Budget 2024. For example, security related expenses have seen a hike of 22 per cent.
-
Google Unveils A Brand-New Android Logo: 5 Points
Google has revealed its fresh Android logo, and according to brand manager Jason Fournier, it now bears a closer resemblance to Google's own logo, aiming to strike a balanced synergy between the two brands.
-
US Regulators Seize Troubled First Republic Bank, JPMorgan To Acquire It
JPMorgan Chase & Co. won the bidding to acquire First Republic Bank in an emergency government-led intervention after private rescue efforts failed to fill a hole on the troubled lender's balance sheet and customers yanked their deposits.
-
Troubled Juventus Docked 15 Points In Suspect Transfer Trial
Juventus, three other Serie A clubs and 62 people including former Juventus chairman Andrea Agnelli were acquitted by the FIGC's court last year of using transfers to artificially boost their balance sheets
-
CoinSwitch Gets Balance Sheet Verified by Independent Agency in Cryptoquake Aftermath
CoinSwitch Kuber has claimed to have received a verification of its balance sheets from INMACS. The aim was to prove that the Indian crypto exchange holds sufficient reserves to match its customer investments. It is however, noteworthy, that the report confirms of CoinSwitch’s fund sufficiency as of November 4, 2022, that is over two weeks ago. I...
-
CryptoCom CEO Tries to Reassure Investors; Says Balance Sheet Strong, Exchange Not in Trouble
CryptoCom, the Singapore-based crypto exchange, attempted to reassure customers on Monday, as the CEO said the firm had a robust balance sheet and took no risks. An audited proof of reserves report will be published within weeks, he said, and that the exchange did not engage in any "irresponsible lending products". The cryptocurrency market is alre...
-
Binance FTX Takeover Deal: How the Crypto Exchange's Plan to Buy Its Rival Unfolded in a Matter of Days
Binance signed a non-binding agreement to acquire rival crypto firm FTX on Tuesday, and the announcement capped a series of back-and-forth salvos between the CEOs of both firms. Earlier on Tuesday, FTX's CEO had assured investors that the firm's assets were in order. Here's how Binance's plan to buy its rival unfolded in a matter of days.
-
FTX Founder Dismisses Balance Sheet Concerns After Rival Binance Announces Token Liquidation
FTX Founder Sam Bankman-Fried on Monday reassured investors in a series of tweets after Changpeng Zhao, the CEO of rival Binance said on Sunday that the exchange planned to liquidate its holdings of the former's token. Zhao had stated that the FTX token holdings would be sold "due to recent revelations that have come to light", but did not specify ...
-
Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore)Â in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
