Business
Enforcement Directorate Issues Show Cause Notices to Xiaomi Senior Executives and Foreign Banks for Alleged FEMA Violations
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
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...
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....
In recent news, Oreo maker Mondelez International has found itself caught in the middle of a heated controversy involving its operations in Russia. The multinational food company, known for its popular cookie brand and other beloved snacks, is facing a backlash from Nordic countries...
Entertainment
Jennifer Lawrence expresses willingness to reprise role as Katniss Everdeen in upcoming film, The Hunger Games: The Ballad of Songbirds
Jennifer Lawrence, the talented actress who won an Oscar, has recently expressed her openness to returning to her iconic role as Katniss Everdeen in the upcoming prequel of The Hunger Games series, titled The Hunger Games: The Ballad of Songbirds and Snakes. In a...