As SpaceX potentially readies to begin the progress of going public in the coming days, investors already have funds to play it. The Information reported Tuesday that the Elon Musk-run startup is looking to file its initial public offering prospectus with regulators as early as this week. Advisers involved said the company could raise more…
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NEW DELHI: The Uttar Pradesh government has taken action against 26 engineers for alleged negligence in the implementation of the Jal Jeevan Mission, with 12 of them suspended, an official statement said Wednesday.The action follows complaints regarding the poor execution of works under the scheme aimed at providing tap water to every rural household. Officials…
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British Airways is proposing a new incentive scheme that would reward pilots for reducing fuel burn and carbon emissions, with a potential bonus of up to 1% of basic salary if collective targets are metAccording to a document seen by Bloomberg, pilots would need to collectively cut their aircrafts’ carbon dioxide emissions by 60,000 tonnes…
In the growing policy moment for securities tokenization, the House Financial Services Committee gathered views on the innovation at a Wednesday hearing, though the specter of President Donald Trump’s family crypto ties did arise more than once. The lawmakers broadly agreed that tokenized securities generally need the same regulatory guardrails as traditional securities trading, which…
NEW DELHI: The Central Consumer Protection Authority (CCPA) on Wednesday warned hotels and restaurants of action in case it found them levying additional charges under heads such as “LPG charges,” “gas surcharge,” and “fuel cost recovery” in food bills.The authority issued an advisory invoking provisions of Consumer Protection Act observing that such charges are being…
Investor wealth surged by Rs 15.80 lakh crore over two trading sessions as equities rebounded sharply amid a decline in crude oil prices and growing hopes of de-escalation in the West Asia conflict.Stock markets have been gaining for the past two days, with the BSE Sensex rising 2,577.06 points or 3.54 per cent. On Wednesday,…