In pulling off stunning profits in a short spell, Jane Street has challenged several principles and left multiple fingerprints for the income tax (I-T) authorities in India. An artful use of its arms in different jurisdictions to carry out diverse trades and escape tax will, in all likelihood, come under the scrutiny of the I-T…
Microsoft is closing its operations in Pakistan, marking the end of a 25-year presence in the South Asian nation. The Redmond-based company on Friday told TechCrunch that it is changing its operational model in Pakistan and will now serve its customers through resellers and “other closely located Microsoft offices.” “Our customer agreements and service will…
The Securities and Exchange Board of India (SEBI) has barred four entities of the Jane Street Group from accessing Indian securities markets, alleging fraud and manipulation in the derivatives segment. In its 105-page interim order, SEBI revealed a sophisticated, expiry-day-centric trading strategy deployed by the US-based proprietary trading firm. The order details how the Jane…
Shares of Tata Group’s Trent Ltd. fell as much as 9% at the start of trade on Friday, July 4, after the company warned of growth slowing down at its Annual General Meeting. At its AGM, Trent highlighted that its expects growth in the just concluded first quarter of financial year 2026 to be close…
A general view of the SEBI (Securities and Exchange Board of India) building is seen in the business district of Mumbai, India, on July 1, 2025. Nurphoto | Nurphoto | Getty Images The Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India’s securities market, according to an order posted on…
Wall Street Today: US stocks on the Dow Jones, Nasdaq, and S&P 500 rose on Thursday’s stock market session after the US Labor Department data revealed a strong job report for the economy amid the raging concerns over U.S. President Donald Trump‘s tariff policies. Also Read | Trump’s tax and spending bill nears vote in…
A 21-year-old Indian-origin man from Newark was arrested after he engaged in a fight on board a Frontier Airlines flight. Ishaan Sharma is accused of attacking a fellow passenger “without provocation,” following which he was arrested as the plane touched down in Miami. Ishaan Sharma, who allegedly attacked his fellow passenger on a flight, suffered…
Meesho files DRHP confidentially to raise Rs 4,250 crore in primary capital Moneycontrol Meesho files confidential prospectus for its IPO The Economic Times Meesho files confidential DRHP to raise $500 Mn in primary capital Entrackr Meesho pre-files DRHP with SEBI; aims to raise $500M in fresh issue YourStory.com Meesho files confidential draft papers for ₹4,250 cr IPO Mint Source link
Africa News Live Updates: KNA commander among 2 killed in army operation in Ruma Africa News Live Updates: Welcome to our live blog covering the latest from across Africa. Follow real-time updates on political transitions, security and peacekeeping operations, regional integration efforts, economic innovation, climate impacts, migration trends, and grassroots activism. Track the continent’s evolving…
Foxconn, which is Apple’s largest iPhone manufacturer, has pulled more than 300 Chinese engineers and technicians from its Indian production facilities, according to a report by Bloomberg on Wednesday. This can create operational hurdles for Apple while it ramps up preparations for iPhone 17 manufacturing. The development is in the context of the broader geopolitical…
