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Business
Events leading up to FTX founder Sam Bankman-Fried’s 25-year sentence
Home Money & Banking Crypto Currency Updated - March 28, 2024 at 11:22 PM. | NEW YORK Below is a timeline of events leading up to the 32-year-old former billionaire's sentencing Sam Bankman-Fried was sentenced to 25 years in prison on Thursday over his conviction on fraud charges stemming from the dramatic collapse of the
Business
Sam Bankman-Fried: The man behind FTX’s rise and fall
Home Money & Banking Crypto Currency Updated - March 28, 2024 at 11:23 PM. | NEW YORK Bankman-Fried’s rapid ascent in the cryptocurrency world, which saw him amass a net worth of $26 billion by the age of 30, was followed by a dramatic downfall as he was found guilty on seven counts of fraud
Business
Sam Bankman-Fried sentenced to 25 years for $8 billion cryptocurrency fraud
Home Money & Banking Crypto Currency Updated - March 28, 2024 at 11:24 PM. | NEW YORK Bankman-Fried, once a billionaire and major political donor, now faces a steep downfall as he vows to appeal his conviction and sentence Sam Bankman-Fried | Photo Credit: Reuters Sam Bankman-Fried was sentenced to 25 years in prison by
Business
Banks’ see pick up in credit demand from farm, industry and services sector in Feb 2024
Home Money & Banking Updated - March 28, 2024 at 11:30 PM. Credit to industry grew by 8.6 per cent (y-o-y) in February 2024 as compared with 6.8% in February 2023 A man checks his mobile phones in front of State Bank of India (SBI) branch in Kolkata | Photo Credit: REUTERS Non-food bank credit registered
Business
BJP sets high target for LS seats; TMC upbeat on prospects
Home News Elections 2024 State of Play: West Bengal. BJP sets high target for LS seats; TMC upbeat on prospects Updated - March 28, 2024 at 11:40 PM. BJP yet to name candidates in four seats, TMC in all 42; Congress and Left Front are still debating seat sharing Two days prior to Holi, Trinamool
Business
Swiggy records $200 mn loss, doc shows
Indian food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023, according to an internal document of the company, which is looking to list on the stock market. The SoftBank-backed company could list by the end of this year, sources previously told Reuters. India's stock market is booming although
Business
BillDesk reports slight growth in revenue in FY23
Mumbai-based payments major BillDesk has reported a slight increase in operational revenue to Rs 2,678 crore for FY23, from Rs 2,442 crore a year earlier. However, the company’s net profit for the year dropped to Rs 141.9 crore, from Rs 149.6 crore a year ago. BillDesk’s financials were first reported by Entrackr. Elevate Your Tech
Business
Key conspirator arrested in Rameshwaram Café blast
In a significant development in the Rameshwaram Café blast case, the National Investigation Agency (NIA) has arrested a key conspirator following extensive raids across multiple locations in three states. Muzammil Shareef was apprehended and taken into custody as a co-conspirator after NIA teams conducted operations at 18 locations, including 12 in Karnataka, 5 in Tamil