$44 billion acquisition: US jury finds Elon Musk ‘misled’ Twitter shareholders in 2022

A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter (now X) investors in 2022 by disparaging the company in an effort to secure a lower purchase price for the platform, Bloomberg News reported on Friday.Jurors concluded that Musk intentionally misled shareholders by claiming the social media company—later renamed X—had an…

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Amid plans to induct Noel’s son, Tata trust cancels meet

MUMBAI: The Sir Ratan Tata Trust (SRTT) cancelled its Saturday board meeting, which was expected to consider the induction of chairman Noel Tata’s son, Neville Tata, as a trustee. In contrast, board meetings of Sir Dorabji Tata Trust (SDTT) and Tata Education and Development Trust (TEDT) proceeded as scheduled.The cancellation suggests that Neville’s appointment may…

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Crypto used for terror funding in J&K? Agencies flag digital ‘hawala’ network; how it works | India News

NEW DELHI: Security agencies have flagged a sophisticated “crypto hawala” network allegedly being used to bypass the country’s financial safeguards to funnel untraceable foreign funds into Jammu and Kashmir, raising concerns that the money is being used to finance terror activities in the Union territory, officials said on Sunday.The development has put the security establishment…

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Problems with online refunds? NCH helps citizens recover Rs 45 crore since April; e-commerce complaints top list

When five scheduled pickup requests were cancelled without explanation, Ramesh Kumar (name changed) approached the National Consumer Helpline. Months after ordering the furniture online, Kumar, the Jodhpur resident was still stuck with defective goods and no refund. Then his call to 1915, changed everything. Within days, government’s National Consumer Helpline stepped in and secured his…

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