Future launches Supreme Court challenge against own lenders - filing
Future Group on Tuesday challenged its own lenders in the Supreme Court in a bid to avoid being named a defaulter for missing payments, citing its ongoing dispute with partner Amazon.com Inc, according to a legal filing seen by Reuters.
Neil Young threatens to pull songs off Spotify over Joe Rogan: report
Neil Young, the legendary rocker, reportedly posted a letter to his management team that he wanted his music pulled from Spotify because it is providing a platform for popular podcast host Joe Rogan to spread COVID-19 vaccine misinformation.
US stocks down significantly hours before opening bell, five blue chippers to report 4th-quarter earnings
U.S. stocks were trading in negative territory early Tuesday hours before markets opened after see-sawing Monday as the Dow fell more than 1,000 points early in the day before recovering and ending the day higher.
Why central banks oppose crypto but explore own digital currencies
Digital payments like UPI are electronic instructions that authorise intermediaries such as banks to facilitate transactions. Even if they are ‘cashless’ modes of payment, they involve transfer of fiat money. Now imagine a UPI-like system where digital currency issued by a central bank is transacted instead of bank balances. The need for interbank settlement disappears and you can pay someone securely, without third-party risks. What if money itself could be ‘digital’?
IPO listings see Rs 2 lakh crore erosion, tech startups account for half
The selloff in the market in the past few weeks has wiped out over Rs 2 lakh crore from recently listed stocks that include leading ones like One97 Communications (Paytm), FSN E-Commerce Ventures (Nykaa), Zomato, PB Fintech (PolicyBazaar) and CarTrade. However, Nazara Technologies, a gaming company that is backed by billionaire investor Rakesh Jhunjhunwala, has remained mostly insulated from the recent rout in tech-enabled, consumer-facing companies.
Big Game 2022: Dancers criticize halftime show recruiters for alleged unpaid gigs, call for change
A number of dancers are speaking out and taking umbrage with the idea that recruiters are allegedly requesting individuals to work as unpaid volunteers for the halftime show of February’s big game.