asmit

Delhivery Q2 loss narrows to Rs 103 cr

Logistics company Delhivery on Saturday said its consolidated net loss narrowed to Rs 103 crore in the second quarter ended September 30, 2023. The company had reported a net loss of Rs 254 crore for the year-ago period, it said in a regulatory filing.

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

FTX founder Sam Bankman-Fried has been found guilty of defrauding customers of his cryptocurrency exchange, resulting in one of the largest financial fraud cases ever. The verdict follows FTX’s bankruptcy filing and the loss of Bankman-Fried’s personal fortune. Bankman-Fried, a former billionaire, was convicted on all seven counts he faced after a monthlong trial. He …

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Sam Bankman-Fried trial gives jury inside view of FTX’s final days

Sam Bankman-Fried’s fraud trial has given an unprecedented window into how a group of graduates from elite US universities in their late 20s and early 30s tried, and ultimately failed, to avert one of the biggest and swiftest corporate meltdowns ever. Now, the former billionaire’s fate could hinge on how jurors view his actions in …

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Housing.com invests in fintech start-up Easiloan

Housing.com has made an undisclosed investment in Easiloan, a fintech startup specializing in digitizing the home loan process. Easiloan, founded in 2021, offers personalized home loan solutions through partnerships with over 20 banks in India. The investment capitalizes on the growing home loan market, with an estimated 16% growth in the home loan portfolio from …

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