FTX's chief engineer tweaked a code to exempt Alameda Research, owned by Bankman-Fried, from a feature that would have sold off Alameda's assets if it was losing too much borrowed money.
Stocks with high Indian mutual-fund ownership have risen at a compound annual growth rate of 16% over the past 12 years, compared with 11% for stocks with high foreign ownership.
Sanjay Shah and Solo Capital Partners LLP are central figures in the Danish Cum-Ex scandal that helped investors to rapidly sell shares and claim multiple refunds on dividend taxes.
The Sensex has rebounded 34% from its March low but the jury is still out with the IMF cutting India’s growth outlook by the most among all major economies.
Radhika Gupta, whose neck has a permanent tilt, has set up India’s first domestic hedge fund & become country’s only female head of a major asset manager.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
COMMENTS