CoinDCX offers $11 million bounty to recover $44 million
CoinDCX experienced a $44 million security breach from an internal operational account, prompting a recovery bounty. Customer funds remained secure as the company absorbed the loss. This incident, following previous breaches at WazirX and BuyUcoin, highlights ongoing concerns about operational security within Indian crypto exchanges, emphasizing platform-specific failures rather than regulatory gaps.
ADIA invests $200 million in medical devices co Meril
Abu Dhabi Investment Authority (ADIA) is set to invest $200 million for a 3% stake in the Indian medical device company, Meril, valuing the company at $6.6 billion. This investment, pending regulatory approval, will position Meril with backing from both ADIA and Warburg Pincus. The funding aims to accelerate Meril’s growth and R&D efforts in…
Parliament panel for TDS refunds after due date without fine
A parliamentary panel led by BJP’s Baijayant Panda has recommended continuing tax exemptions for anonymous donations to religious-cum-charitable trusts in the new Income Tax Bill, 2025. The committee suggests allowing taxpayers to claim TDS refunds even after the ITR filing deadline without penalties. The report also proposes significant changes to how the bill treats income…
Titan to buy 67% in Dubai’s Damas jeweller for ₹1.6k cr
Titan, owner of Tanishq, is set to acquire a 67% stake in Dubai-based jewellery retailer Damas from Mannai Corporation for $189 million, marking a significant expansion into the West Asian market. This acquisition, Titan’s second-largest, aims to broaden its reach beyond the Indian diaspora to diverse nationalities in the GCC region.
2 sixes and OUT! Vaibhav Suryavanshi fails to fire again in second Youth Test vs England
Vaibhav Suryavanshi, the aggressive left-handed opener, grabbed attention again in the second Youth Test against England U-19 with a quickfire 20 off 14 balls. This followed his impressive performance in the first match, where he scored a half-century and took two wickets. England U-19 posted 309, led by Ekansh Singh’s century. Suryavanshi aims to contribute…
Who is the new Astronomer CEO? Andy Byron’s replacement issues first statement on Coldplay concert cheating incident
After a viral video exposed an affair between Astronomer’s CEO and HR chief at a Coldplay concert, Andy Byron resigned. The board has appointed Pete DeJoy, cofounder and Chief Product Officer, as interim CEO. DeJoy acknowledged the unusual circumstances and reaffirmed the company’s commitment to its mission and customers, emphasizing resilience and dedication.
How will Porter Martone’s NCAA decision impact the Flyers’ long-term roster plans?
Porter Martone, the Flyers’ 2025 sixth overall pick, is heading to Michigan State, leveraging new NCAA eligibility rules. This decision impacts Philadelphia’s development plans, creating opportunities for prospects like Alex Bump and Nikita Grebenkin. While Martone’s absence shifts the Flyers’ forward competition, his NCAA development could ultimately benefit both him and the team in the…