Bitcoin’s BTC$61,217.08 recent weakness is being driven by softer capital flows rather than concerns over quantum computing or other risks, according to Wall Street broker Bernstein. Growing concerns that future quantum computers could eventually break the cryptography underpinning Bitcoin have become a recurring topic in crypto markets, especially after recent research from Google suggested the…
MUMBAI: Rajiv Bajaj has said he will step down from the board of Bajaj Finserv due to a significant increase in his responsibilities at Bajaj Auto following the setting up and scaling of two major new subsidiaries: Bajaj Auto Technology and Bajaj Auto Credit. Bajaj has said he will not stand for re-election at the…
NEW DELHI: Adani Energy Solutions (AESL) has inked a securities purchase agreement to acquire a 100% equity stake in IntelliSmart Infrastructure for Rs 3,050 crore. IntelliSmart Infrastructure is a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services (EESL).The proposed acquisition will strengthen AESL’s position as India’s largest smart…
NEW DELHI: Government slammed Pakistan for fake news blaming India for the ongoing violent protests in POK, urging the international community to hold Pakistan accountable for its “misdeeds and abuses”.The ministry of external affairs said it had taken note of a pattern of fake news and videos emanating from Pakistan.“It is a desperate attempt by…
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