A Wall Street Journal report on Sunday, quoting sources, revealed how “Facebook declined to act after discovering that the BJP (Bharatiya Janata Party) was circumventing its political ad transparency requirements.†The rules, the report added,…
Goldman names new head of digital assets in…
Goldman Sachs is renewing its push into Wall Street's digital future.The firm made Mathew McDermott, a managing director who ran the investment bank's internal funding operations, its new global head of digital assets last month,…
Rate cut cycle seems to be over, loan…
A huge number of companies could apply for loan restructuring and then we could see a rerun of the cycle of 2011-13 and those kind of debt issues, says the analyst, asksandipsabharwal.comSome attempts to boost…
Trump issues executive orders banning U.S. transactions with…
A smartphone screen displays the app store view of the TikTok app in this arranged photograph in London, on Monday, Aug. 3, 2020.Hollie Adams | Bloomberg | Getty ImagesPresident Donald Trump on Thursday issued executive…
RBI asks banks not to open current accounts…
With a view to improve credit discipline, the Reserve Bank on Thursday barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities, stressing that there is a "need for…
How to pick best smallcaps? Top PMS manager…
NEW DELHI: People who tell you smallcaps deliver mega returns do not say what it takes to earn them and what is the probability of success. A seasoned smallcap fund manager on Dalal Street says…
Immunity boosting chapatis, tea, among eight products developed…
BENGALURU: An immunity booster chapati, a telemetry-based device for contactless monitoring of covid-19 patients, an air sanitizer for air-conditioned offices are among the eight products developed by startups at Bangalore Bioinnovation Centre (BBC), all of…
How Livongo and Teladoc closed an $18.5 billion…
Livongo's founder and early investor on route to the meeting in Dallas.Source: Hemant TenejaThe merger of Livongo and Teladoc, two of the largest publicly traded companies in digital health, came together in less than three months…
RBI allows one-time restructuring of loans. Here’s what…
The Reserve Bank of India (RBI) has allowed a one time restructuring of loans without classifying them as NPAs to help companies and individuals manage the financial stress caused by the Covid 19 pandemic. The…