Monday, January 13, 2025

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Angel Investor warns MicroStrategy’s Bitcoin buying spree could threaten decentralization

Jason Calacanis, renowned as the “World’s Greatest Angel Investor,” has raised concerns about MicroStrategy’s aggressive Bitcoin acquisition strategy. He cautioned that Bitcoin’s foundational principle...

EY report projects 6.5% economic growth for India amid calls for fiscal reforms and investment acceleration

India's economic growth is projected to grow by 6.5 percent in the current and next financial year, according to an EY report. The report...

TeraWulf to deliver over 70 MW of data center infrastructure for G42’s US operations

TeraWulf Inc. (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced...

About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns in the region

Economic downturns, such as recessions and stagnation, alongside concerns around the increasing frequency of weather events,  natural disasters and  labour and talent shortages, remain...

Eco-friendly paper disposal producer Aaradhya disposal industries files DRHP with NSE emerge

Aaradhya Disposal Industries Limited, a manufacturer and exporter of high-quality eco-friendly paper products, announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge....

Swiss Re targets a net income of more than USD 4.4 billion for 2025

Swiss Re's Group Chief Executive Officer Andreas Berger said: "We have taken decisive actions in 2024 to increase the resilience of our business. We achieved...

Eleganz Interiors, Leading Interior Fit-Out Provider, Files DRHP with NSE Emerge

Eleganz Interiors Limited ("Eleganz" or "the Company"), a leading provider of interior fit-out solutions in India, announced the filing of its Draft Red Herring...

Incarnation Specialty selects Intellect’s end-to-end underwriting ecosystem, eMACH.ai Xponent, along with InsureMO’s middleware capabilities

IntellectAI, the Insurtech business unit of Intellect Design Arena offering AI and data-powered underwriting solutions, and InsureMO, a leading global insurance infrastructure platform, announced that Incarnation Specialty, signed...

Helping industries do better with generative AI: ABB launches Genix Copilot with Microsoft

Building on its long-standing collaboration with Microsoft, ABB has launched ABB Ability Genix Copilot, a generative AI solution that helps energy, utilities and other...

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Swiggy and Zomato under fire: FHRAI to Aapproach commerce ministry over alleged anti-competitive practices by quick food delivery apps

The Federation of Hotel and Restaurant Associations of India (FHRAI) plans to raise concerns with the Ministry of Commerce and Industry regarding standalone quick...

U.S. job growth soars in December, unemployment falls to 4.1%

The U.S. labor market ended the year on a strong note, as job growth unexpectedly accelerated in December, while the unemployment rate fell to...

RBI imposes monetary penalty on Indian School Finance Company Pvt. Ltd., Telangana

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000/- on Indian School Finance Company Pvt. Ltd. (ISFC), a non-banking financial...

Standard Chartered secures Luxembourg license for digital asset custody in EU

Standard Chartered, a leading global financial institution, has announced a significant milestone in its expansion into digital asset services. The bank's digital asset custody...