investors

Adani Stocks Drops Down, Investors Lose Billions

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Adani Stocks Drops Down, Investors Lose Billions

Shares of Adani Group companies fell up to 7% leading to investors losing around ₹53,000 crore as the combined market capitalization of 10 Adani stocks falling to ₹16.7 lakh crore. This comes after allegations were leveled against Sebi chief by US short seller Hindenburg in a report which alleged that Madhabi Puri Buch and her … Read more

FTX founder Sam Bankman-Fried allowed $250 million bond, house arrest

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FTX founder Sam Bankman-Fried allowed $250 million bond, house arrest

The cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million (nearly Rs. 2, 070 crore) bond and live in his parents’ home in California while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said Thursday. Assistant US Attorney Nicolas Roos said in the US … Read more