MUMBAI: US-based private equity (PE) firm L Catterton has picked up a minority stake in Haldiram Snacks Food amid a rush among investors to take a bite of India’s growing consumer market. The latest investment in Haldiram’s, known for its wide range of namkeen (snacks), sweets and ready to eat products comes less than a…
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A group of former executives of Signature Bank, the crypto-friendly bank shuttered in 2023 March, announced on Thursday the launch of a new blockchain-powered, full-reserve bank aiming to offer programmable U.S. dollar payments. Dubbed N3XT, the bank operates under a Wyoming Special Purpose Depository Institution (SPDI) charter, settles payments instantly using a private blockchain system…
Kraken, the cryptocurrency exchange preparing to go public in the U.S. early next year, has unveiled an invitation-only VIP program tailored to ultra high net worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when it comes to providing high-touch services to wealthy individuals, family…
Crypto markets suffered major whipsaw action in morning U.S. trade, with bitcoin BTC$87,390.00 in the space of a few minutes rallying from around $87,000 to above $90,000 and then back to the $87,000 area. The largest crypto was recently trading at $87,300, down by 0.5% over the past 24 hours after being higher by more…
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NEW DELHI: Microsoft founder Bill Gates on Thursday pulled out of AI Impact Summit and not be delvering his keynote address.Originally, Gates was supposed to be one of the primary speakers at the event. However, Gates faced flak after his name appeared in portions of Epstein files released by the US justice department.In a post…
The government has notified coking coal as a critical and strategic mineral, a step aimed at reducing India’s heavy dependence on imports and strengthening the domestic steel supply chain, according to an official statement.The move is expected to facilitate faster approvals, improve ease of doing business and accelerate exploration and mining activities, including the development…
NEW DELHI: Congress MP Shashi Tharoor on Wednesday declined to accept the ‘Veer Savarkar Award’, calling the organisers “irresponsible” for announcing his name without him having agreed to receive it.Tharoor was named among the first winners of the newly instituted Veer Savarkar International Impact Award 2025, to be presented by Highrange Rural Development Society India….
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