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Harley-Davidson is discontinuing India operations: Here's why

24 Sep 2020

Harley-Davidson is discontinuing India operations: Here's why

In an unexpected move, American motorcycle maker Harley-Davidson has announced the plan to discontinue its operations in the Indian market.

Carnival, world's largest cruise line operator, falls victim to cyberattack

18 Aug 2020

Carnival, world's largest cruise line operator, falls victim to cyberattack

As the world struggles with the COVID-19 pandemic, hackers are using the opportunity to attack unsuspecting organizations and their customers.

India's Serum Institute signs COVID-19 vaccine deal with America's Novavax

06 Aug 2020

India's Serum Institute signs COVID-19 vaccine deal with America's Novavax

Serum Institute of India (SII) is set to source the COVID-19 vaccine developed by American biotech company Novavax.

Now, Elon Musk is selling Tesla-branded 'short shorts'

06 Jul 2020

Now, Elon Musk is selling Tesla-branded 'short shorts'

After selling fancy electric cars, setting up an underground rapid movement system, and renting rocket and space capsule to NASA for manned missions, the maverick Elon Musk is onto selling something absurd - 'short shorts'.

Uber fired over 3,500 employees in a 3-minute Zoom call

14 May 2020

Uber fired over 3,500 employees in a 3-minute Zoom call

In a major shocker, Uber has fired more than 3,500 of its employees in customer service, recruitment through a Zoom call that lasted just over three minutes.

Telegram shutters its cryptocurrency project: Here's why

13 May 2020

Telegram shutters its cryptocurrency project: Here's why

Telegram, one of the biggest messaging platforms in the world, has decided to shutter its blockchain and cryptocurrency project - the Telegram Open Network (TON).

Going offline: Elon Musk says he's disconnecting from Twitter

02 Nov 2019

Going offline: Elon Musk says he's disconnecting from Twitter

As far as his social media activities are concerned, Elon Musk seems perplexed, at best.

Has Pakistan curbed terror financing? FATF to decide soon

13 Oct 2019

Has Pakistan curbed terror financing? FATF to decide soon

Pakistan, already having a bad reputation for encouraging terrorism in its land, is facing a testing time.

FATF notes Pakistan's actions against terrorism haven't been enough

07 Oct 2019

FATF notes Pakistan's actions against terrorism haven't been enough

The global-watchdog Financial Action Task Force (FATF) gave Pakistan months to act strongly against terrorism, but the country failed to do so.

Elon Musk lost $1 billion in just two minutes

05 Apr 2019

Elon Musk lost $1 billion in just two minutes

Elon Musk lost $1 billion in just two minutes after shares of his electric-car company Tesla tumbled on Thursday due to poor deliveries.

Elon 'Tusk': Musk changes Twitter name; hints about Tesla news

28 Feb 2019

Elon 'Tusk': Musk changes Twitter name; hints about Tesla news

Apart from being one of the world's biggest technology entrepreneur, Elon Musk is also known for his witty tweets.

Chanda Kochhar case: Whistleblower says it's just "tip of iceberg"

25 Jan 2019

Chanda Kochhar case: Whistleblower says it's just "tip of iceberg"

On Thursday, the Central Bureau of Investigation (CBI) charged former ICICI Bank CEO Chanda Kochhar with criminal conspiracy, but the whistleblower has said this is just the tip of the iceberg.

Tesla replaces Elon Musk, appoints Robyn Denholm as chairman

08 Nov 2018

Tesla replaces Elon Musk, appoints Robyn Denholm as chairman

Tesla has appointed 55-year-old Robyn Denholm to chair the board of the company after founder Elon Musk was ousted from the post a month back.

Pakistan: FATF team to examine steps taken against terror financing

09 Oct 2018

Pakistan: FATF team to examine steps taken against terror financing

A second team of the Financial Action Task Force (FATF) is in Pakistan to hold meetings with top officials to discuss the measures taken by the country to counter terror financing after it was added in the 'grey list' for providing monetary assistance to terrorists.

Elon Musk to resign as Tesla Chairman, will remain CEO

30 Sep 2018

Elon Musk to resign as Tesla Chairman, will remain CEO

Elon Musk has reached a settlement with Securities and Exchange Commission (SEC) over fraud charges, as a result of which he will step down from the Chairman post of Tesla. Musk will continue to remain the CEO of the electric car making company.

Elon Musk sued for fraud, might be ousted from Tesla

28 Sep 2018

Elon Musk sued for fraud, might be ousted from Tesla

Tesla CEO Elon Musk has been sued for fraud by US federal regulators, the Securities and Exchange Commission (SEC), over his Tesla privatization tweet.

Elon Musk's Tesla is now facing a criminal investigation

19 Sep 2018

Elon Musk's Tesla is now facing a criminal investigation

The US Department of Justice (DoJ) has initiated a criminal probe against electric car maker Tesla over public statements made by company CEO Elon Musk.

Tesla to remain public, Elon Musk announces

25 Aug 2018

Tesla to remain public, Elon Musk announces

After about two weeks of commotion over Musk's claim of taking Tesla private, the South African-born entrepreneur, on Friday night, announced that Tesla isn't going private after all.

Following Musk's interview, Tesla shares plummet again

18 Aug 2018

Following Musk's interview, Tesla shares plummet again

There has been a lot of speculation about Tesla's future of late, and on Friday, the company's stocks took a pounding after a lengthy Elon Musk interview raised further questions about the company's future.

More revelations in Kochhar 'scam': Family's Mumbai flat under scanner

21 Jun 2018

More revelations in Kochhar 'scam': Family's Mumbai flat under scanner

More reports have surfaced about a 'nexus' between Chanda Kochhar, ICICI Bank CEO, and Videocon's Venugopal Dhoot.

ICICI Bank's Kochhar to "go on leave" till probe completed

19 Jun 2018

ICICI Bank's Kochhar to "go on leave" till probe completed

Three months after reposing "full faith and confidence" in ICICI Bank CEO Chanda Kochhar, the bank's board has announced she "has decided to go on leave till the completion of the enquiry" into conflict-of-interest allegations against her.

Chanda Kochhar probe extends to US, SEC now investigating case

10 Jun 2018

Chanda Kochhar probe extends to US, SEC now investigating case

The probe against ICICI Bank chief Chanda Kochhar and her family's allegedly illegal business dealings with the Videocon group is going international.

Facebook warns users about other Cambridge Analytica-sized scandals

28 Apr 2018

Facebook warns users about other Cambridge Analytica-sized scandals

Facebook is on the hunt for other Cambridge Analytica-sized scandals and has warned both users and investors about the same.

Jack Dorsey receives $0 from Twitter for third straight year

13 Apr 2018

Jack Dorsey receives $0 from Twitter for third straight year

Twitter CEO and co-founder Jack Dorsey declined to take any salary from the company in 2017, making it the third consecutive year Dorsey ran Twitter for free.

Indian-origin ponzi schemer charged in US with $250,000 fraud

25 Mar 2018

Indian-origin ponzi schemer charged in US with $250,000 fraud

An Indian-origin man in the US has been charged with stealing more than $250,000 in a Ponzi scheme in which his friends and coworkers invested.

Theranos founder, her Indian-American boyfriend charged with $700m fraud

15 Mar 2018

Theranos founder, her Indian-American boyfriend charged with $700m fraud

US Federal regulators charged the blood-testing company Theranos, its Founder and CEO Elizabeth Holmes, and her Indian-American boyfriend-turned-Theranos President Ramesh Sunny Balwani with $700m fraud.

5 reasons why Bitcoin's value will decrease in 2018

18 Jan 2018

5 reasons why Bitcoin's value will decrease in 2018

Bitcoin garnered a lot of attention last year when it started at $963.38 and reached $19,870.62 by December'17.

Apple CEO Tim Cook earned Rs. 652 crore in 2017

29 Dec 2017

Apple CEO Tim Cook earned Rs. 652 crore in 2017

This year, Apple paid a whopping $102mn (Rs. 651.8 crore) to CEO Tim Cook; his earnings increased by 79% thanks to iPhone X's performance.

Ibibo founder and MakeMyTrip MD Ashish Kashyap resigns

07 Sep 2017

Ibibo founder and MakeMyTrip MD Ashish Kashyap resigns

Ashish Kashyap, the founder of the Ibibo Group and the president of India's largest online travel operator MakeMyTrip, announced his resignation yesterday.

China bans ICOs, USA issues warnings on them

05 Sep 2017

China bans ICOs, USA issues warnings on them

ICOs might be an excellent fundraising option but it's facing intense heat from various governments.

Bill Gates has made his largest donation since 2000

16 Aug 2017

Bill Gates has made his largest donation since 2000

According to a recently released Securities & Exchange Commission filing, Microsoft founder Bill Gates recently made his biggest donation since 2000.

Google will pay the $2.7b fine without defending itself

28 Jun 2017

Google will pay the $2.7b fine without defending itself

What started as a defensive stance suddenly took a turn towards acceptance. Google was levied a massive $2.7 billion fine by the European Union for breaking their antitrust law.

MakeMyTrip raises $330 million in funding

03 May 2017

MakeMyTrip raises $330 million in funding

Sources stated that MakeMyTrip has raised $330 in its latest round of funding from a mix of private placement of shares and from issuing fresh stock to investors Ctrip and Naspers.

MakeMyTrip, ibibo merger cleared by CCI

22 Jan 2017

MakeMyTrip, ibibo merger cleared by CCI

Documents filed by MakeMyTrip to the US Securities and Exchange Commission show that the Competition Commission of India has approved its acquisition of Ibibo Group.

Is Mark Zuckerberg diving into politics? Speculations mount

06 Jan 2017

Is Mark Zuckerberg diving into politics? Speculations mount

Facebook founder Mark Zuckerberg revealed that his personal goal for 2017 is to tour and meet people in every US state.

Ibibo and MakeMyTrip to merge

19 Oct 2016

Ibibo and MakeMyTrip to merge

Online-focused travel groups MakeMyTrip and Ibibo announced their merger plans.

Wells Fargo CEO steps down

13 Oct 2016

Wells Fargo CEO steps down

In the wake of the fake account creation scandal, Wells Fargo announced that their CEO John Stumpf would retire, "effective immediately."

$200 million settlement for Well Fargo's CEO, Stumpf

23 Sep 2016

$200 million settlement for Well Fargo's CEO, Stumpf

As calls for the stepping down of Wells Fargo and Co.'s CEO John Stumpf grew louder, sources revealed that he may be entitled to a $200 million severance payout.

Senator says Wells Fargo CEO "should resign"

22 Sep 2016

Senator says Wells Fargo CEO "should resign"

A US senator lambasted Wells Fargo and Co.'s CEO John Stumpf over his involvement in the unauthorized opening of over 2 million accounts to meet sales targets.

Mike Rothenberg accused of wiring money without seking investor's permission

22 Sep 2016

Mike Rothenberg accused of wiring money without seking investor's permission

San Francisco-based venture firm, Rothenberg Ventures' founder Mike Rothenberg is facing an ongoing inquiry by the SEC (U.S. Securities and Exchange Commission).