Hindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X, stating, "Something big soon India." Last year, on January 24, Hindenburg Research released a report criticizing the Adani Group just before Adani Enterprises' planned share sale. The report resulted in an $86 billion decline in Adani Group's market value and a significant sell-off of its overseas listed bonds.
Hindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X (formerly Twitter), stating, "Something big soon India." Last year, on January 24, Hindenburg Research released a report criticizing the Adani Group just before Adani Enterprises' planned share sale. The report resulted in an $86 billion decline in Adani Group's market value and a significant sell-off of its overseas listed bonds.
Algerian boxer Imane Khelif won a gold medal on Friday at the Paris Olympics, emerging a champion in the women's welterweight division. Khelif secured her victory against Yang Liu of China with a unanimous 5:0 decision, capping off a remarkable series of fights at Roland Garros.
B9 Beverages Ltd, supported by Kirin Holdings, aims to surpass global beer brands by building India’s largest beer factory for $70 million. The company is planning a 2026 public listing and partnered with Morgan Stanley for fundraising, focusing on expanding production and enhancing profitability.
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories from this week. Let’s take a quick look.
USA has always been ahead in the Olympic race than almost the entire world, having produced some legends across different sports, who have brought infinite laurels and accolades to the nation. One such athlete is Michael Phelps, whose gold medal haul is more than what 162 countries have won till now.
The Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, the State Department announced on Friday. This move reverses a three-year-old policy aimed at pressuring the kingdom to end its involvement in the Yemen conflict.
An airplane carrying 57 passengers and four crew crashed Friday in Brazil's Sao Paulo state, killing everyone on board, according to the airline. The aircraft, an ATR 72-500 operated by Voepass airline, was traveling from Cascavel in southern Parana state to Sao Paulo's Guarulhos international airport when it crashed in the city of Vinhedo.
India's Bharat Mobility Show in January featured 28 automakers, including Tata Motors and Maruti Suzuki, focusing heavily on electric vehicles. The event showed heightened interest, with participation surpassing previous records and competing with major global auto expos. Emerging markets like India are experiencing robust growth in the automotive sector.
Indian talent has permeated the upper echelons of the US tech industry. While individuals like Satya Nadella and Sundar Pichai garner significant attention, a deeper dive reveals a robust pipeline of Indian-American leaders poised to shape the industry's future.
Dilip Dialani, who has been with Wipro for almost two decades, will take over from Nanda as COO of Americas One in Q3. Before he succeeded Delaporte as Wipro CEO, Srini had helmed Americas One as CEO.
Breaking at the Paris Olympics 2024 is one of the closely-followed event, simply because of the entertainment, thrill and excitement that cannot be felt in any other sport. Although, breaking or breakdancing, feels more like an art form than an actual sport, it has still become the most integral part of Paris Olympics this year, with thousands flocking to the venue to catch the athletes' live performance.
The festive season is set to generate 600,000-700,000 temporary jobs across various industries, with a 15-20% increase in demand for such positions compared to last year. This surge in temporary hiring is driven by expected increases in consumer spending, a recovering rural economy, and a vibrant stock market.
The festive season is set to generate 600,000-700,000 temporary jobs across various industries, with a 15-20% increase in demand for such positions compared to last year. This surge in temporary hiring is driven by expected increases in consumer spending, a recovering rural economy, and a vibrant stock market.
Brazilian aerospace firm Embraer is negotiating with the Indian government and major conglomerates to establish a manufacturing unit in India. CEO Arjan Meijer emphasized that progress hinges on securing market access for their jets, which compete with Airbus and Boeing in the regional aircraft segment.
An Olympic swimmer, Jules Bouyer, known for his appearances in Paris' La Defense arena in his swimming gears, had become an overnight sensation for his revealing swimsuit. There were uproars around barring this swimsuit from the Paris Olympics performances by traditionalists and a fair share of netizens. However, others did like and appreciate the swimmers classy look in the revealing swimsuit.
India proposed changes to the LLP Act and Companies Act to help domestic accounting firms merge and grow, aspiring to create audit firms comparable to the Big Four. The Institute of Chartered Accountants of India eased regulations, giving firms greater time and flexibility to explore partnerships, thereby enhancing their capabilities to handle larger clients.
China's Xiaomi was examined by Indian government agencies over alleged foreign exchange violations in 2022, which coincided with a large proportion of its top leadership changing. The company ceded its No. 1 spot in the December quarter of 2022 to Samsung, eventually sliding to fourth. But by the June quarter this year, Xiaomi was back at the top on the back of an aggressive expansion in offline retail. Vivo is another Chinese company that has faced investigations over allegations of tax violations and money laundering.
The Paris Olympics 2024 will feature as many as 39 gold medal events on August 10, which is the penultimate day of action. This will include eight medal events in athletics itself. Here's how you can catch all the live action around the Paris Olympics live in the US.
Wuthering Waves version 1.2, releasing on August 15, 2024, introduces new characters, weapons, and events. Players can engage in fresh content, including companion quests and themed events.
