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Stream Finance Discloses $93 Million Loss After Probe, Halts Operations
DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.
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Indian-Origin CEO Hits BlackRock With "Breathtaking" $500-Million Fraud
BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a loan fraud allegedly orchestrated by Indian-origin telecom executive Bankim Brahmbhatt.
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Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
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How One Indian School Shaped CEOs Of Microsoft, Adobe And More
From tech giants to global finance, Hyderabad Public School alumni like Satya Nadella, Shantanu Narayen, and Ajay Banga lead at the highest level.
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First Look: Inside Apple Koregaon Park, Pune's Brand New Apple Store
Apple's new Koregaon Park is set to be inaugurated tomorrow, September 4. It is the company's fourth official store in India, located in Kopa, Pune. Customers can shop for Apple products such as iPhone, iPad, and Mac. There are experience zones for various Apple services, too. Apple offers Genius Bar support and Today at Apple sessions, enabling us...
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Perplexity Reportedly Offers to Buy Google Chrome for More Than Its Own Valuation
Artificial intelligence (AI) startup Perplexity on Tuesday launched an audacious bid to buy the Google Chrome browser in its entirety, according to a report. The Aravind Srinivas-led company is said to have offered Google $34.5 billion (roughly Rs. 3.02 lakh crore) for the rights to the world’s most popular web browser, a sum which is even higher...
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Global Food Brand Rankings 2025: Nestle Leads Again, Amul Breaks Into Top 15
Amul moved up eight spots in the global food brand rankings by Brand Finance, becoming the 14th most valuable brand worldwide for this year.
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IITian Founder's Strong-Worded Response To Candidate's Last-Minute Job Rejection: "Reflects Poorly..."
Mr Shetty assured the engineer that his workplace is flexible and that they could have found a solution if he had approached them instead of outright refusing to join.
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Canned-Food Producer Del Monte Foods Files for Bankruptcy
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
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X User Says "Indians Are The Most Overworked People On Earth", Sparks Discussion
Akshat Shrivastava, a finance advisor and a content creator, has sparked a debate online after saying that Indians are the most overworked people on earth, not by choice, but because of systemic pressures ingrained from a young age.
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
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"Come Clean...": Supreme Court On Row Involving Arunachal Chief Minister's Wife
The Supreme Court has directed the Union Home and Finance Ministries to "come clean" amid questions being asked about the award of government contracts to the wife and family of Arunachal Pradesh Chief Minister Pema Khandu.
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Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
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Industrialist's "Elon Musk Can't Be Successful In India" View Sparks Debate
Vellayan Subbiah, Chairman of Cholamandalam Investment and Finance Company, who was also part of the panel, added that Indian entrepreneurs are "unstoppable".
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Stream Finance Discloses $93 Million Loss After Probe, Halts Operations
DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.
-
Indian-Origin CEO Hits BlackRock With "Breathtaking" $500-Million Fraud
BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a loan fraud allegedly orchestrated by Indian-origin telecom executive Bankim Brahmbhatt.
-
Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
-
How One Indian School Shaped CEOs Of Microsoft, Adobe And More
From tech giants to global finance, Hyderabad Public School alumni like Satya Nadella, Shantanu Narayen, and Ajay Banga lead at the highest level.
-
First Look: Inside Apple Koregaon Park, Pune's Brand New Apple Store
Apple's new Koregaon Park is set to be inaugurated tomorrow, September 4. It is the company's fourth official store in India, located in Kopa, Pune. Customers can shop for Apple products such as iPhone, iPad, and Mac. There are experience zones for various Apple services, too. Apple offers Genius Bar support and Today at Apple sessions, enabling us...
-
Perplexity Reportedly Offers to Buy Google Chrome for More Than Its Own Valuation
Artificial intelligence (AI) startup Perplexity on Tuesday launched an audacious bid to buy the Google Chrome browser in its entirety, according to a report. The Aravind Srinivas-led company is said to have offered Google $34.5 billion (roughly Rs. 3.02 lakh crore) for the rights to the world’s most popular web browser, a sum which is even higher...
-
Global Food Brand Rankings 2025: Nestle Leads Again, Amul Breaks Into Top 15
Amul moved up eight spots in the global food brand rankings by Brand Finance, becoming the 14th most valuable brand worldwide for this year.
-
IITian Founder's Strong-Worded Response To Candidate's Last-Minute Job Rejection: "Reflects Poorly..."
Mr Shetty assured the engineer that his workplace is flexible and that they could have found a solution if he had approached them instead of outright refusing to join.
-
Canned-Food Producer Del Monte Foods Files for Bankruptcy
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
-
X User Says "Indians Are The Most Overworked People On Earth", Sparks Discussion
Akshat Shrivastava, a finance advisor and a content creator, has sparked a debate online after saying that Indians are the most overworked people on earth, not by choice, but because of systemic pressures ingrained from a young age.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
-
"Come Clean...": Supreme Court On Row Involving Arunachal Chief Minister's Wife
The Supreme Court has directed the Union Home and Finance Ministries to "come clean" amid questions being asked about the award of government contracts to the wife and family of Arunachal Pradesh Chief Minister Pema Khandu.
-
Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
-
Industrialist's "Elon Musk Can't Be Successful In India" View Sparks Debate
Vellayan Subbiah, Chairman of Cholamandalam Investment and Finance Company, who was also part of the panel, added that Indian entrepreneurs are "unstoppable".
