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Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
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Forest Funds Used For Buying iPhones, Laptops In Uttarakhand: CAG Report
A central audit has found massive financial irregularities in Uttarakhand, including the use of funds meant for forest conservation for buying iPhones and office decor items, besides the violation of other rules.
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Ola Electric Opens 3,200 Stores Amid Year of Consumer Complaint Woes
Ola Electric has increased the number of showrooms and service centers to 4,000, Ankush Aggarwal, group head of financial services and retail auto business, said at an event Wednesday.
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Deloitte Fined Rs 2 Crore Over Lapses In Zee Audit. Here Are Other Cases
NFRA has fined Deloitte Haskins & Sells LLP of Rs 2 crore for alleged lapses in auditing Zee during the 2018-19 and 2019-20 financial years.
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Explained: Why Deloitte Faced Rs 2 Crore Penalty Over Zee Audit
The National Financial Reporting Authority (NFRA) has slapped a penalty of Rs 2 crore on Deloitte Haskins & Sells LLP, along with a fine on two chartered accountants for lapses in the audit of Zee Entertainment Enterprises Ltd (ZEEL).
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Financial Watchdog NFRA Fines Deloitte Rs 2 Crore Over Zee Audit
The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered accountants for lapses in the auditing of Zee Entertainment Enterprises Ltd
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CCI Rejects Apple Request to Put Antitrust Report on Hold
The CCI internal order showed that Apple in November alleged that the main complainant in the antitrust investigation - Indian non-profit Together We Fight Society (TWFS) - had not complied with the directives to give an assurance that the old investigation reports had been destroyed.
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SpiceJet Faces Spot Checks, Night Surveillance Over Cancellations
SpiceJet, for the second time in two years, has been placed under "enhanced surveillance" by the Directorate General of Civil Aviation following reports of cancelled flights and financial stress.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
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Explained: Mystery Of Byju's 'Hidden' $533 Million Stuck In Offshore Trust
Edtech firm Byju's parent company, Think & Learn Pvt, has found itself embroiled in a complex web of financial mismanagement, offshore dealings, and legal disputes. At the centre of it is $533 million and a Florida hedge fund.
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59% Budget Used In First Half Of This Fiscal Year: Rail Minister's Audit
The Indian Railways utilised 59 per cent of its total capital expenditure in the first six months of the financial year 2023-24, Railways Minister Ashwini Vaishnaw said on Saturday.
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Government Orders Probe on Edtech Firm Byju's Over Financial Issues
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn, which operates under the bran...
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Your Crypto Keys Could Soon Float Safely in Low-Earth Orbit via ‘Space Wallet’ Created by CryptoSat, Dfns
In order to offer the next advanced safety solutions for digital assets, Cryptosat and Dfns have come together to create a ‘Space Wallet’. The Space Wallet will use an ‘innovative threshold signature scheme’ to offer an improved security against financially damaging attacks.
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Byju’s Tells Investors It Will Submit Long-Delayed 2022 Audited Earnings to Indian Regulators by September
Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September and 2023 results by December, a person with direct knowledge of the matter said.
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Byju's Ropes In New Auditor After Deloitte Resigns
Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn.
-
Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
-
Forest Funds Used For Buying iPhones, Laptops In Uttarakhand: CAG Report
A central audit has found massive financial irregularities in Uttarakhand, including the use of funds meant for forest conservation for buying iPhones and office decor items, besides the violation of other rules.
-
Ola Electric Opens 3,200 Stores Amid Year of Consumer Complaint Woes
Ola Electric has increased the number of showrooms and service centers to 4,000, Ankush Aggarwal, group head of financial services and retail auto business, said at an event Wednesday.
-
Deloitte Fined Rs 2 Crore Over Lapses In Zee Audit. Here Are Other Cases
NFRA has fined Deloitte Haskins & Sells LLP of Rs 2 crore for alleged lapses in auditing Zee during the 2018-19 and 2019-20 financial years.
-
Explained: Why Deloitte Faced Rs 2 Crore Penalty Over Zee Audit
The National Financial Reporting Authority (NFRA) has slapped a penalty of Rs 2 crore on Deloitte Haskins & Sells LLP, along with a fine on two chartered accountants for lapses in the audit of Zee Entertainment Enterprises Ltd (ZEEL).
-
Financial Watchdog NFRA Fines Deloitte Rs 2 Crore Over Zee Audit
The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered accountants for lapses in the auditing of Zee Entertainment Enterprises Ltd
-
CCI Rejects Apple Request to Put Antitrust Report on Hold
The CCI internal order showed that Apple in November alleged that the main complainant in the antitrust investigation - Indian non-profit Together We Fight Society (TWFS) - had not complied with the directives to give an assurance that the old investigation reports had been destroyed.
-
SpiceJet Faces Spot Checks, Night Surveillance Over Cancellations
SpiceJet, for the second time in two years, has been placed under "enhanced surveillance" by the Directorate General of Civil Aviation following reports of cancelled flights and financial stress.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
Explained: Mystery Of Byju's 'Hidden' $533 Million Stuck In Offshore Trust
Edtech firm Byju's parent company, Think & Learn Pvt, has found itself embroiled in a complex web of financial mismanagement, offshore dealings, and legal disputes. At the centre of it is $533 million and a Florida hedge fund.
-
59% Budget Used In First Half Of This Fiscal Year: Rail Minister's Audit
The Indian Railways utilised 59 per cent of its total capital expenditure in the first six months of the financial year 2023-24, Railways Minister Ashwini Vaishnaw said on Saturday.
-
Government Orders Probe on Edtech Firm Byju's Over Financial Issues
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn, which operates under the bran...
-
Your Crypto Keys Could Soon Float Safely in Low-Earth Orbit via ‘Space Wallet’ Created by CryptoSat, Dfns
In order to offer the next advanced safety solutions for digital assets, Cryptosat and Dfns have come together to create a ‘Space Wallet’. The Space Wallet will use an ‘innovative threshold signature scheme’ to offer an improved security against financially damaging attacks.
-
Byju’s Tells Investors It Will Submit Long-Delayed 2022 Audited Earnings to Indian Regulators by September
Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September and 2023 results by December, a person with direct knowledge of the matter said.
-
Byju's Ropes In New Auditor After Deloitte Resigns
Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn.
