Business Archives - Page 3 of 3

Business

Naarithva: Connecting Artisans, Celebrating Heritage, and Embracing a Journey of Gratitude

Byfashionpassion@2024July 19, 2023July 19, 2023

Naarithva, a pioneering brand in Indian artisanal heritage, joyfully celebrates its continued growth and resilience. With great pride, the brand marks yet another significant milestone by introducing Dhawanee by Naarithva (Salwars, Suits, Gowns & Dresses). Founders Naresh, a Badminton Coach, and Smitha, a corporate...

Business

Enforcement Directorate Issues Show Cause Notices to Xiaomi Senior Executives and Foreign Banks for Alleged FEMA Violations

Byfashionpassion@2024June 12, 2023June 12, 2023

In a recent development, the Enforcement Directorate (ED) has taken action against Xiaomi, a prominent multinational technology company, and certain foreign banks, alleging violations under the Foreign Exchange Management Act (FEMA). The ED, responsible for enforcing economic laws and combating financial crimes in India,...

Business

Former Samsung Electronics Executive Indicted in South Korea for Alleged Data Leak to China

Byfashionpassion@2024June 12, 2023June 12, 2023

In a recent development, South Korean prosecutors have taken legal action against a former executive of Samsung Electronics, accusing him of stealing the company’s technology to establish a chip factory in China. The individual, who previously held a vice president position at SK Hynix...

Business

UBS Completes Takeover of Credit Suisse, Creating a Wealth Management Powerhouse

Byfashionpassion@2024June 12, 2023June 12, 2023

UBS, one of the world’s leading financial institutions, has successfully concluded its acquisition of Credit Suisse, marking a significant milestone in the world of wealth management. This strategic move has propelled UBS to new heights, positioning it as a true behemoth in the industry....