Hindenburg Receives Show Cause Notice from SEBI

Hindenburg Research has publicly dismissed as ‘nonsense’ a purported show cause notice from the Securities and Exchange Board of India (SEBI). The notice alleges that the short-selling hedge fund engaged in fraudulent and unfair trade practices concerning trading in Adani Enterprises’ stock and violated Indian regulations. The US-based investment research firm asserted on its website that the notice from SEBI has been “concocted to serve a pre-ordained purpose: an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India.” It added that SEBI appeared to be…

Data Safeguard Expands Footprint in India with Inauguration of New R&D Center in Bhubaneswar, Odisha

Santa Clara, CA, USA/Bhubaneswar, Odisha – February 12, 2024 – Data Safeguard, a global leader in AI-powered data privacy compliance and synthetic fraud prevention solutions, has marked a significant milestone with the successful opening of its new Research and Development (R&D) Center in Bhubaneswar, Odisha. The inauguration ceremony, held today, highlights Data Safeguard’s commitment to innovation, global expansion, and the development of local talent.   Led by Founder and CEO Mr. Sudhir Sahu and a team of Co-Founders, Data Safeguard is renowned for its advanced AI-powered Software as a Service (SaaS) products, ensuring…

University of Cincinnati investigates fibroid growth pain

Exploring the growth mechanisms of uterine tumors could provide optimism for the numerous women enduring the agony of fibroids. Approximately 8 out of 10 women experience the development of noncancerous fibroids in their uterus, leading to symptoms such as pain, excessive bleeding, and infertility. Scientists at the University of Cincinnati have identified that fibroid cells employ distinct signaling pathways compared to uterine cells.  Stacey Schutte, an assistant professor of biomedical engineering at UC’s College of Engineering and Applied Science, said, “That’s important for identifying therapeutic targets because we want to…

Kavach Deployed On 1465 Route Km & 139 Locomotives

Kavach is an indigenously developed Automatic Train Protection (ATP) system. Kavach  is a highly technology intensive system, which requires safety certification of highest order. Kavach aids the loco pilot in train running within specified speed limits by automatic application of brakes in case Loco Pilot fails to do so and also help the train safely run during inclement weather. The first field trials on the passenger trains were started in February 2016. Based on the experience so gained and Independent Safety Assessment of the system by a 3rd party (Independent…

PM addresses Infinity Forum 2.0

The Prime Minister, Shri Narendra Modi addressed the second edition of Infinity Forum, a global thought leadership platform on FinTech via video conferencing today. The 2nd Edition of Infinity Forum is being jointly organized by the International Financial Services Centres Authority (IFSCA), and GIFT City, under the aegis of the Government of India, as a precursor event to Vibrant Gujarat Global Summit 2024. The theme of the 2nd edition of Infinity Forum is ‘GIFT-IFSC: Nerve Centre for New Age Global Financial Services’ Addressing the gathering, the Prime Minister recalled the…

U.S. Chamber and Indian Minister of Commerce Goyal, launching U.S.-India “Innovation Handshake” Initiative

On the periphery of the 2023 APEC Leaders Summit and in partnership with the Confederation of Indian Industry (CII), the U.S. Chamber of Commerce’s U.S.-India Business Council (USIBC) hosted the inaugural discussion roundtable on “Decoding the Innovation Handshake,” an industry-driven collaborative effort between the United States and India promoting innovation and fostering the development of critical and emerging technologies. U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce & Industry Piyush Goyal jointly led the event. Suzanne P. Clark, President & CEO of the U.S. Chamber of Commerce,…

Angelo Mathews first international batter in history to be dismissed, gets ‘timed out’

Sri Lanka is taking on Bangladesh at the Arun Jaitley Stadium in New Delhi in a bid to stay in the top seven on the points table. First time in international cricket, Angelo Mathews got timed out and lost his wicket in an uncanny fashion. Angelo Mathews creates unwanted records as Sri Lanka’s World Cup campaign goes from bad to worse. The dramatic event unfolded in the 25th over of the Sri Lankan innings after the fall of Sadeera Samarawickrama’s wicket. As per the playing guidelines during the ongoing ICC…

Israel on ‘very, very high alert’ on Lebanon border as Hezbollah chief to break silence

Israel’s military said it was on “very high alert” along its border with Lebanon on Friday, ahead of an expected speech from the leader of Hezbollah. Tensions continued to escalate ahead of the speech from Hassan Nasrallah, his first public comments since Hamas attacked Israel last month, stoking fears the conflict could become a regional one. On Thursday, Hezbollah – an ally of Hamas – attacked Israeli positions in the north with drones, mortar fire, and suicide drones. The Israeli military said it retaliated with warplanes and helicopter gunships. Israel…

Elvish Yadav, YouTuber, and reality star claimed that all the charges are fake; Maneka Gandhi counters

Five people have been arrested in Noida for supplying snakes and their venom at rave parties that were allegedly organized by social media sensation Elvish Yadav, the police said. The five men have told police that these parties were organized at various farmhouses in Delhi and its adjoining areas, Elvish Yadav used the snakes to shoot videos for YouTube and Instagram. The snake venom was consumed by people attending the rave parties that also hosted foreign nationals, it’s alleged. Denying the charges, the 26-year-old claimed that all the charges were…

Elon Musk warns Rishi Sunak against advanced forms of AI: “AI will put an end to work”

Tech billionaire Elon Musk has predicted that artificial intelligence will eventually mean that no one will have to work. He was speaking to Prime Minister Rishi Sunak during an unusual “in conversation” event at the end of this week’s summit on AI. The 50-minute interview included a prediction by Mr Musk that the tech will make paid work redundant. He also warned of humanoid robots that “can chase you anywhere”. The pair talked about how London was a leading hub for the AI industry and how the technology could transform…