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Business

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Business

Donald Trump’s Genius Act: Major crypto bill for stablecoins passed in US; here is what to know

US President Donald Trump on Friday signed the “GENIUS Act,” a brand new legislation aimed toward regulating cost stablecoins, marking a big step towards bringing legitimacy and oversight to the cryptocurrency business. The legislation, formally titled “Guiding and Establishing National Innovation for US Stablecoins,” represents a significant coverage shift for digital belongings in the US.

Business

Jio Financial Services, Allianz to form 50:50 reinsurance JV in India 

Jio Financial Services Limited and Allianz form 50:50 reinsurance JV in India. File. | Photo Credit: Reuters Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), by way of its wholly-owned subsidiary Allianz Europe B.V., have entered right into a binding settlement to form a 50:50 home reinsurance three way partnership to serve the insurance

Business

GNG Electronics unveils ₹460-crore IPO

 (L-R): Ajay Pancholi (Director, GNG Electronics Limited), Sharad Khandelwal (Founder and Managing Director, GNG Electronics Limited) and Raakesh Jhunjhunwala (Chief Financial Officer, GNG Electronics Limited). | Photo Credit: Special Arrangement GNG Electronics Ltd., which is into repairing and promoting of used laptops and computer systems amongst different devices at one third the price of new

Business

Air India crash aid: Tata Group launches Rs 500 crore trust for victims’ families and responders, to offer long-term support and Rs 1 crore ex gratia for every life lost

Tata Sons and Tata Trusts on Friday introduced the formation of a devoted Rs 500 crore welfare trust to support victims of the Air India Flight AI-171 crash in Ahmedabad that claimed 260 lives, together with 19 on the bottom.In an official assertion, Tata Sons and Tata Trusts mentioned “The Trust will provide both immediate

Business

A year after cyberattack, WazirX investors are waiting for legal woes to finish 

WazirX famous that its focus areas had been to restore belief, distribute belongings, and restart operations safely [File] | Photo Credit: REUTERS A year after the cyberattack towards a multi-signature pockets that led to the lack of belongings value over $230 million, the cryptocurrency trade WazirX pressured that it was dedicated to distributing customers’ crypto

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