Demolitions in Kanpur, Prayagraj not related to rioting, UP tells SC

The Uttar Pradesh government has told the Supreme Court that demolitions of illegal structures were carried out by its Kanpur and Prayagraj municipal bodies as per law and were not related to punishing the accused involved in violent protests following remarks by two BJP leaders on Prophet Mohammed. In … Read more

Hedge Fund: This hedge fund manager tells you how to generate alpha in volatile times

Greed and fear often hinder investors’ ability to think rationally. When the market goes haywire, chances of making huge losses become a real possibility as the emotional aspect comes to play. This is where quant strategies score. Quant funds rely on algorithmic or systematically programmed investment strategies. Investments in various strategies are based on multiple … Read more

Musk tells Twitter staffers company must ‘get healthy’

Elon Musk warned Twitter staffers its business needed to “get healthy” and undergo a “rationalisation of headcount and expenses” as he addressed the social media platform’s employees directly for the first time since launching his $44bn takeover bid. Speaking to its 8,000-strong workforce via a smartphone video, Musk on Thursday laid out a bold vision … Read more

Share a new plan to monetise assets within 15 days: Govt tells oil PSUs

The government has asked public sector oil and gas companies to share a new plan for asset monetisation after the original plan to monetise oil and gas pipelines through infrastructure investment trusts (InvITs) was shelved. The government has asked the companies to share the plan within 15 days, reports Mint. … Read more

Resolve lease issue by govt redress mechanism, SC tells Srinagar hotel

The Supreme Court disposed of a petition filed by a Central government company against the State of Jammu and Kashmir’s termination of its lease to operate its hotel near Dal Lake in Srinagar. The petitioner, Hotel Corporation of India Limited (HCI), is a fully-owned Central Government company under the … Read more

New Heritage Minute Tells the Story of Onondaga Distance Runner Tom Longboat

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Publishing date: Jun 04, 2022  •  34 minutes ago  •  3 minute read … Read more

Maharashtra Dy CM asks DCP to lose weight, tells partymen to wear masks

Maharashtra Deputy Chief Minister Ajit Pawar on Friday asked a police official to lose weight. He was giving away keys of modern motorcycles to the force at an event in Pimpri Chinchwad when deputy commissioner of police Kakasaheb Dole came forward and promptly received the “lose weight” advice from … Read more

Elon Musk tells workers to return to the office or quit. The gloves are off: ‘Tesla is kick-starting its own local Great Resignation’

Elon Musk is giving his employees an ultimatum. Tesla’s  TSLA, +5.89% chief executive officer and founder responded Thursday to an apparent leaked email that called on employees to return to the office: “They should pretend to work somewhere else” were his choice of words on Twitter TWTR, +2.04% in the early hours of Thursday morning. The … Read more

Brainard tells House committee about potential role of CBDC, future of stablecoins By Cointelegraph

Brainard tells House committee about potential role of CBDC, future of stablecoins United States Federal Reserve vice chair Lael Brainard submitted a written statement in advance to the Financial Services Committee’s virtual hearing, “On the Benefits and Risks of a U.S. Central Bank Digital Currency (CBDC),” that took place Thursday. That was a sound strategic … Read more