The US Securities and Exchange Commission (SEC) filing alleged that the Adani Group, in collaboration with Azure Power, paid $265 million in bribes to state electricity officials across several states, including Andhra Pradesh, Chhattisgarh, Tamil Nadu, Odisha, and Jammu and Kashmir, between 2021 and 2023. These bribes reportedly secured power supply contracts after the Solar Energy Corporation of India faced challenges finding buyers for the 12 gigawatts of solar electricity awarded to Adani and Azure Power in 2020.
In the latest letter submitted with the US Securities and Exchange Commission, Musk's legal team cited Twitter's multi-million dollar severance payment to former security chief and whistleblower Peiter "Mudge" Zatko.
San Francisco/New Delhi: Satish Kumbhani, founder of cryptocurrency platform BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely “relocated from India to an unknown location” abroad. A federal grand jury in San Diego last week indicted Kumbhani with orchestrating a global Ponzi scheme. BitConnect is an […]
Although the FAA did not directly name Robinhood, GameStop and others, it acknowledged that extreme stock price volatility has the potential to expose investors to "rapid and severe losses and undermine market confidence".
According to CoinMarketCap, the XRP's value declined more than 42 per cent in the past 24 hours and was down more than 63 per cent from its 30-day high of $0.76
The lawsuit which said that XRO is a security not currency, claimed that Ripple's former CEO and founder Christian Larsen and its current CEO Bradley Garlinghouse violated securities laws by selling XRP over a seven-year period starting in 2013.