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Probe Agency Can Attach Share Value Gained From Crime-Link Funds: Delhi High Court
The Delhi High Court has ruled that any increase in the value of shares or assets derived from criminal proceeds can be considered as "proceeds of crime" under the Prevention of Money Laundering Act (PMLA).
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Rupee Gains 12 Paise To Settle At 85.68 Against US Dollar
The rupee sustained its rally for the third straight session and settled with a gain of 12 paise at 85.68 (provisional) against the US dollar on Wednesday, boosted by the renewed inflow of foreign funds and a weak American currency.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
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AI Search Startup Perplexity In Talks For $9 Billion Valuation
The new valuation, which includes the amount the company would raise, could triple its previous value of $3 billion from a funding round earlier this year.
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OpenAI Raises $6.6 Billion In Funds At $157 Billion Value
In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.
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Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.
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Salesman Funds Lavish Lifestyle After Stealing Rs 1 Crore Jewellery From Shop, Arrested
Police have arrested a 27-year-old salesman for allegedly stealing jewellery valued at Rs 1.05 crore from a shop in Maharashtra's Thane city, an official said on Sunday.
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Electoral Bonds Scheme Valid? Supreme Court Decision On Poll Funding Shortly
The Supreme Court will today pronounce its verdict on a set of petitions challenging the validity of the electoral bonds scheme.
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Probe Agency Can Attach Share Value Gained From Crime-Link Funds: Delhi High Court
The Delhi High Court has ruled that any increase in the value of shares or assets derived from criminal proceeds can be considered as "proceeds of crime" under the Prevention of Money Laundering Act (PMLA).
-
Rupee Gains 12 Paise To Settle At 85.68 Against US Dollar
The rupee sustained its rally for the third straight session and settled with a gain of 12 paise at 85.68 (provisional) against the US dollar on Wednesday, boosted by the renewed inflow of foreign funds and a weak American currency.
-
Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
-
AI Search Startup Perplexity In Talks For $9 Billion Valuation
The new valuation, which includes the amount the company would raise, could triple its previous value of $3 billion from a funding round earlier this year.
-
OpenAI Raises $6.6 Billion In Funds At $157 Billion Value
In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.
-
Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.
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Salesman Funds Lavish Lifestyle After Stealing Rs 1 Crore Jewellery From Shop, Arrested
Police have arrested a 27-year-old salesman for allegedly stealing jewellery valued at Rs 1.05 crore from a shop in Maharashtra's Thane city, an official said on Sunday.
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Electoral Bonds Scheme Valid? Supreme Court Decision On Poll Funding Shortly
The Supreme Court will today pronounce its verdict on a set of petitions challenging the validity of the electoral bonds scheme.
