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"Pay Rs 80 Crore Or Face Baba Siddiqui's Fate": Mumbai Businessman Gets Threat Calls from Pakistan
Mumbai Police have launched a probe after a 51-year-old businessman filed a complaint alleging death threats and extortion attempts linked to gangster Chhota Shakeel's network.
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MTNL Defaults On Bank Loans Worth Nearly Rs 8,600 Crore
State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday.
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Midjourney Releases V7 Image Generation Model in Alpha, Comes With a Faster and Cheaper Draft Mode
Midjourney released its latest image-generation artificial intelligence (AI) model, V7, on Friday. The V7 AI model is currently available in an alpha version, and the company is currently letting its user base test the model’s capability. Arriving nearly a year after its predecessor V6, the V7 Alpha model is also the first in the AI firm’s line...
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Brave Browser Is Bringing its AI Assistant Leo to Android Devices
Brave browser, known for its privacy-focused features, is bringing its artificial intelligence (AI) assistant Leo to Android devices. The software firm first announced its AI chatbot in November 2023, when Leo was added to the desktop browser. The company’s chatbot can run on several large language models, which are available for both the free ve...
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Telegram Stories With Support for Editing, Dual Camera Mode and More Rolled Out for All Users
Telegram announced on Monday that Stories are now available to all users. The tool was initially introduced to Premium members last month and is now accessible to everyone on the platform. The firm also introduced new privacy settings for the stories and enable dual-camera mode for the same.
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Byju's Lenders Accused Of Using Bogus Default Claims To Take Control
Lenders to one of India's hottest tech startups, Byju's, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education technology provider, the firm's lawyer told a judge.
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Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
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Blockchain.com CEO Says US Debt Default Would Hit Cryptocurrencies Initially
A US government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain.com said on Thursday.
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Twitter Sued for $1.6 Million by Advisory Firm Over Unpaid Bills After Elon Musk Acquisition
Innisfree M&A Incorporated, a US-based advisory firm, sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million (roughly Rs. 15.7 crore) for what it says are unpaid bills after it advised the social media company on its acquisition by Elon Musk last year. "As of December 23, 2022, Twitter remains in default of its obligatio...
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Jaypee Group's Flagship Firm Defaults On Rs 4,059 Crore Loans: Report
Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported.
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Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform
Crypto lender Voyager Digital announced the suspension of withdrawals, trading and deposits to its platform. The move is said to be in terms with the firm exploring strategic alternatives to preserve the value of its platform.
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Developer Supertech's Rs 432 Crore Default Led To Bankruptcy Order
The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.
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Jio Platforms Invests $200 Million in InMobi's Lock Screen Content Company Glance
Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to new Jio smartphones this year, the companies said on Monday.
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Karvy Stock Broking Head Arrested For Fraud, Securities Norms Violation
Hyderabad-based Karvy Stock Broking is accused of raising loans from IndusInd Bank, HDFC Bank, ICICI Bank, and others pledging clients' securities and using the funds as working capital. It has defaulted on several such loans, the police have said.
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Central Probe Agency Charges Private Firm, Directors In Loan Fraud Case
The Central Bureau of Investigation (CBI) has charged Parikh Fabrics Private Limited and its directors for alleged defaulting on loan worth Rs 173.76 crore nine years ago in a consortium led by the State Bank of India, officials said on Thursday.
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"Pay Rs 80 Crore Or Face Baba Siddiqui's Fate": Mumbai Businessman Gets Threat Calls from Pakistan
Mumbai Police have launched a probe after a 51-year-old businessman filed a complaint alleging death threats and extortion attempts linked to gangster Chhota Shakeel's network.
-
MTNL Defaults On Bank Loans Worth Nearly Rs 8,600 Crore
State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday.
-
Midjourney Releases V7 Image Generation Model in Alpha, Comes With a Faster and Cheaper Draft Mode
Midjourney released its latest image-generation artificial intelligence (AI) model, V7, on Friday. The V7 AI model is currently available in an alpha version, and the company is currently letting its user base test the model’s capability. Arriving nearly a year after its predecessor V6, the V7 Alpha model is also the first in the AI firm’s line...
-
Brave Browser Is Bringing its AI Assistant Leo to Android Devices
Brave browser, known for its privacy-focused features, is bringing its artificial intelligence (AI) assistant Leo to Android devices. The software firm first announced its AI chatbot in November 2023, when Leo was added to the desktop browser. The company’s chatbot can run on several large language models, which are available for both the free ve...
-
Telegram Stories With Support for Editing, Dual Camera Mode and More Rolled Out for All Users
Telegram announced on Monday that Stories are now available to all users. The tool was initially introduced to Premium members last month and is now accessible to everyone on the platform. The firm also introduced new privacy settings for the stories and enable dual-camera mode for the same.
-
Byju's Lenders Accused Of Using Bogus Default Claims To Take Control
Lenders to one of India's hottest tech startups, Byju's, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education technology provider, the firm's lawyer told a judge.
-
Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
-
Blockchain.com CEO Says US Debt Default Would Hit Cryptocurrencies Initially
A US government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain.com said on Thursday.
-
Twitter Sued for $1.6 Million by Advisory Firm Over Unpaid Bills After Elon Musk Acquisition
Innisfree M&A Incorporated, a US-based advisory firm, sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million (roughly Rs. 15.7 crore) for what it says are unpaid bills after it advised the social media company on its acquisition by Elon Musk last year. "As of December 23, 2022, Twitter remains in default of its obligatio...
-
Jaypee Group's Flagship Firm Defaults On Rs 4,059 Crore Loans: Report
Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported.
-
Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform
Crypto lender Voyager Digital announced the suspension of withdrawals, trading and deposits to its platform. The move is said to be in terms with the firm exploring strategic alternatives to preserve the value of its platform.
-
Developer Supertech's Rs 432 Crore Default Led To Bankruptcy Order
The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.
-
Jio Platforms Invests $200 Million in InMobi's Lock Screen Content Company Glance
Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to new Jio smartphones this year, the companies said on Monday.
-
Karvy Stock Broking Head Arrested For Fraud, Securities Norms Violation
Hyderabad-based Karvy Stock Broking is accused of raising loans from IndusInd Bank, HDFC Bank, ICICI Bank, and others pledging clients' securities and using the funds as working capital. It has defaulted on several such loans, the police have said.
-
Central Probe Agency Charges Private Firm, Directors In Loan Fraud Case
The Central Bureau of Investigation (CBI) has charged Parikh Fabrics Private Limited and its directors for alleged defaulting on loan worth Rs 173.76 crore nine years ago in a consortium led by the State Bank of India, officials said on Thursday.
