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Bitcoin came within touching distance of $70,000 on Wednesday before pulling back to around $68,300 in Thursday morning trading, a nearly 5% swing from the session high to the overnight low of $67,700. The move marks the strongest attempt to reclaim the $70,000 level since the Feb. 5 crash but stopped short of a clean…
Biocon chief Kiran Mazumdar-Shaw Kiran Mazumdar-Shaw, founder and chairperson of Biocon, has found her successor within the family. She outlined a gradual succession plan, naming her niece Claire Mazumdar as her successor. Taking to X, she said, “Claire will transition into my role at the right time—I’m not planning to hang up my boots just…
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Bybit, the second-largest cryptocurrency exchange by volume traded, said it has returned to the U.K. two years after stricter rules around the promotion and marketing of crypto services forced it out. The company, which boasts some 80 million users worldwide, restarted U.K. services including spot trading on 100 currency pairs on Thursday, the company said…
SC issues notice to states and UTs, objects to misleading labelling (Image credit: PTI) NEW DELHI: The Supreme Court on Wednesday acknowledged the problems caused by sale of alcohol in tetra packs, deceptively labelled as ‘green apple vodka’ or ‘Chelly Mango Vodka’, and agreed to examine an anti-drunken driving NGO’s plea for standardization of excise…
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Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by Chairman Cha Myung-hoon, who controls 53.4% of the company, the local news agency Seoul Economic…
NEW DELHI: In a big relief for food businesses, the country’s food regulator has made licences valid for life.Under new rules notified by Food Safety and Standards Authority of India (FSSAI), food licences and registrations will now remain valid permanently, unless cancelled for violations. This means lakhs of restaurants, small eateries and vendors will no…
