A US court has given its final approval for the proposed settlement of class action lawsuits against Infosys McCamish, according to a BSE filing by Infosys on Saturday.Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity…
Prediction markets are increasingly being framed not as gambling platforms but as vehicles for monetizing information, though founders acknowledged the line can blur depending on user intent at Consensus Hong Kong 2026. Ding X, founder of Predict.fun, argued that prediction markets more closely resemble insurance underwriting or poker than roulette. “It’s more information trading and…
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NEW DELHI: Justice Yashwant Varma, who has been in the eye of a storm for more than 13 months since the accidental discovery of wads of burnt notes in his official bungalow in New Delhi, has resigned as a judge of Allahabad high court.In a letter to President Droupadi Murmu on Friday, Varma said he…
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Businesses can now open current and overdraft accounts with more banks as the RBI has raised the loan threshold for restrictions to Rs 10 crore. This move offers greater flexibility, allowing companies to manage payments and collections across a wider banking network. The revised framework, effective April 1, 2026, aims to reduce dependence on single…
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MUMBAI/KOLKATA: Several brokerages downgraded ITC and cut their target price for its stock by up to 26% on the back of a proposed sharp hike in taxes on tobacco products. These cuts came even as analysts and brokers awaited the finer details of the govt’s proposed tax changes, effective Feb 1.Analysts at brokerage houses expect…