News

Coinbase, a leading cryptocurrency exchange, has registered with India's Financial Intelligence Unit, paving the way for its entry into the country's growing digital asset market. The company plans to launch retail trading services later this year, aiming to capitalize on the rising interest in cryptocurrencies among Indian investors.

Billionaire Shiv Nadar has gifted a majority stake in HCL Corp and Vama Delhi to his daughter, Roshni Nadar Malhotra, solidifying her position as the largest shareholder and ensuring continuity of ownership within the Nadar family. This strategic succession plan grants Malhotra control over both entities and exempts her from making an open offer due to an exemption granted by the Securities and Exchange Board of India.

The Chief Electoral Officer of Delhi has partnered with bike taxi company Rapido to offer free rides to voters from polling booths to their homes on May 25th, aiming to address transportation barriers and encourage citizens to exercise their democratic right to vote. This initiative will provide voters with a convenient and hassle-free voting experience, ensuring that every eligible voter can cast their vote without hindrance.

Intel has appointed Lip-Bu Tan as its new CEO, tasked with navigating the company through challenging times and restoring its position as a world leader in the semiconductor industry. Tan's appointment comes amidst fierce competition and increasing pressure to expand domestic semiconductor manufacturing.

A Gujarat man, AC Patel, attempted to enter the US using a forged Pakistani passport but was caught and deported, facing charges of impersonation and passport misuse. This incident highlights the methods used by human traffickers to exploit lost or stolen passports for illegal immigration and the increased scrutiny of undocumented immigrants in the US.