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Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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S&P 500 Ends 4-Week Losing Streak: Investor Fear Eases Slightly, But Greed Index Remains In 'Extreme Fear' Zone
S&P 500 Ends 4-Week Losing Streak: Investor Fear Eases Slightly, But Greed Index Remains In 'Extreme Fear' Zone
Mar 24, 2025
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Friday. U.S. stocks settled higher on Friday, with the S&P 500 recording slight gains during the session. The broad-market S&P 500 also reported gains last week after recording losses for four straight weeks. The Nasdaq...
Russian rouble strengthens as Russian, US officials start talks in Saudi Arabia
Russian rouble strengthens as Russian, US officials start talks in Saudi Arabia
Mar 24, 2025
MOSCOW, March 24 (Reuters) - The Russian rouble strengthened on Monday as U.S. and Russian officials began talks in Saudi Arabia aimed at making progress towards a broad ceasefire in Ukraine. By 0930 GMT, the rouble was up 1% at 83.60 against the dollar in the over-the-counter market. The rouble underwent a correction last week, losing about 4% against the...
US Equity Investors to Focus on Risks Related to Trade Tariffs, Fed's Preferred Inflation This Week
US Equity Investors to Focus on Risks Related to Trade Tariffs, Fed's Preferred Inflation This Week
Mar 24, 2025
06:26 AM EDT, 03/24/2025 (MT Newswires) -- US equity investors will watch for the back-and-forth from the Trump administration on international trade tariffs while staying focused on the Federal Reserve's preferred inflation data this week. * In response to the upcoming tariff announcements from the US on April 2, Premier Li Qiang said China is ready for potential unexpected shocks....
Crude Oil Prices Edge Lower Amid Geopolitical Uncertainty
Crude Oil Prices Edge Lower Amid Geopolitical Uncertainty
Mar 24, 2025
05:17 AM EDT, 03/24/2025 (MT Newswires) -- Crude oil prices eased early on Monday on a mixed supply-demand outlook mainly due to recent geopolitical events, including talks aimed at ending the Russia-Ukraine war. Brent crude lost 0.2% to US$71.99/barrel and West Texas Intermediate crude fell 0.2% to US$68.14/b at last look. Both benchmarks are coming off two straight weekly gains...
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Activist Starboard nominates three directors to Autodesk's board
Activist Starboard nominates three directors to Autodesk's board
Mar 26, 2025
(Reuters) - Starboard Value is nominating three directors to design and engineering software maker Autodesk's ( ADSK ) board, the activist investor said on Wednesday, rekindling its proxy battle with the company over margin concerns. The nominees include Geoff Ribar, former CFO of Cadence Design Systems ( CDNS ), and Christie Simons, a senior Partner at Deloitte & Touche, and...
Activist Starboard nominates three directors to Autodesk's board
Activist Starboard nominates three directors to Autodesk's board
Mar 26, 2025
March 26 (Reuters) - Starboard Value is nominating three directors to design and engineering software maker Autodesk's ( ADSK ) board, the activist investor said on Wednesday, rekindling its proxy battle with the company over margin concerns. The nominees include Geoff Ribar, former CFO of Cadence Design Systems ( CDNS ), and Christie Simons, a senior Partner at Deloitte &...
Ninestar to sell Lexmark to Xerox in deal worth up to $150 million
Ninestar to sell Lexmark to Xerox in deal worth up to $150 million
Mar 26, 2025
BEIJING, March 26 (Reuters) - China-based printer maker Ninestar Corp plans to sell printer and printing software maker Lexmark International II to Xerox in a deal estimated at $75 million to $150 million, it said in an exchange filing on Wednesday. ...
Activist Starboard nominates three directors for Autodesk
Activist Starboard nominates three directors for Autodesk
Mar 26, 2025
March 26 (Reuters) - Starboard Value is nominating three directors to design and engineering software maker Autodesk's ( ADSK ) board, the activist investor said on Wednesday, rekindling its proxy battle with the company over margin concerns. ...
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Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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Bitcoin’s (BTC) Shrinking Supply Could Set Off the Next Price Surge
Bitcoin’s (BTC) Shrinking Supply Could Set Off the Next Price Surge
Jun 4, 2025
As Bitcoin hovers near its May high, new data suggest that there has been a tightening the leading crypto assets supply amid surging institutional demand. Sygnum Banks June 2025 Monthly Investment Outlook attributes the assets positive momentum to its growing appeal as a safe haven and broader institutional adoption, which are now driving a structural reduction in liquid supply. Bitcoin...
Altcoins Retrace Again as Bitcoin (BTC) Price Loses $105K Level (Market Watch)
Altcoins Retrace Again as Bitcoin (BTC) Price Loses $105K Level (Market Watch)
Jun 5, 2025
Bitcoins underwhelming price actions continued in the past 24 hours as the asset has lost some ground compared to yesterday and sits below $105,000. The altcoins have posted even bigger losses, especially AVAX, UNI, HYPE, XMR, ENA, and a few others. BTC Falls Beneath $105K It was just two weeks ago, on Bitcoin Pizza Day, when the primary cryptocurrency skyrocketed...
Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K
Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K
Jun 5, 2025
A solo Bitcoin miner has successfully validated a block on the Bitcoin network, earning a reward worth over $330,000. Identified as Solo CK, the individual mined Bitcoin block #899826 on June 5 at 04:48:18 UTC. $330K Mining Reward On-chain data from mempool shows that the reward included the standard block subsidy and 0.026 BTC in transaction fees. This brought the...
USDC Issuer Circle Raises $1.1B in Its IPO (Report)
USDC Issuer Circle Raises $1.1B in Its IPO (Report)
Jun 5, 2025
Circle, the issuer of the USDC stablecoin, has raised $1.1 billion in its initial public offering (IPO), which was priced above expectations. The development comes as the U.S. Congress is currently reviewing federal legislation on stablecoins. Circle’s Valuation Could Hit $6.2 B According to a Bloomberg report, Circle’s IPO is likely to price above its marketed range after attracting demand...
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