Swiss bank lobby UBS warns on rehabilitation risk

Zurich, April 11 (Reuters) – Switzerland’s main banking lobby said on Friday that the Swiss economy could face serious consequences. If UBS was overcome, warned of the risks of killing the bank with extreme rules. The Switzerland is portraying strict banking rules to make the region more strong after 2023 collapse of Credit Suisse. UBS … Read more

Byju’s Alpha Sues original company, byju raveendran, and other officials alleged for the theft $ 533 million, fraud – details. Company trade news

BIJU’s Alpha Inc., United States-based Special Finance Finance Vehicle Indian Ed-Tech Unicorn Byju’sSPV said in an official release on 9 April, “its original company, Bayju Ravendron, his wife Divya Gokulnath, brother Riju Ravindran and Kansiglir Anita Kishore have been sued. Case filed in US bankruptcy court for Delaware district, accused “orchestrated theft” $ 533 million, … Read more

SoftBank Seeks Record $16.5 Billion Loan for AI Projects in US

(Bloomberg) — SoftBank Group Corp. is seeking a loan of as much as $16.5 billion to help fund artificial intelligence investments in the US, according to people familiar with the matter, in what would be the tech investor’s largest-ever facility denominated solely in dollars.  The bridge loan under discussion has a tenor of about 12 … Read more

Home Sweet Loan OTT Release: Indonesian Drama Film Now Streaming on Netflix

The Indonesian drama film Home Sweet Loan, directed by Sabrina Rochelle Kalangie, was released in cinemas on September 26, 2024. Adapted from the novel of the same name by Almira Bastari, the film tells the story of Kaluna, a young office worker striving to buy her dream home while balancing family responsibilities. Starring Yunita Siregar, … Read more

El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions

El Salvador is introducing reforms to the use of Bitcoin in its financial and industrial sectors. The Central American country has agreed on a deal with the International Monetary Fund (IMF) to receive a loan of $1.4 billion (roughly Rs. 12,130 crore). As part of the agreement between the IMF and El Salvador, the government … Read more

Indian Reserve Bank controls the board of directors of Aviom India Housing for governance issues

Reserve Bank of India cited governance concerns and defaults in meeting various payment obligations by affordable housing financier Aviom India Housing Finance Pvt. Ltd. (Bloomberg)

2025-01-27 20:27:00 : The Indian Reserve Bank (RBI) replaced the board of directors of Aviom India Housing Finance Pvt. The Co., Ltd., the reason is to govern issues and fulfill the default of various payment obligations. The regulatory agency stated that it exercised power in accordance with the 45-IE (1) of the Indian Reserve Bank … Read more

“Had To Pay Off Loan, Sold Poori Sabzi”: Sachin Tendulkar, Virat Kohli’s Ex-Teammate Recalls Struggle

A sportsperson’s life more often than not is full of struggles. More so in India, where competition can be intense. But then, Indian sport is abound with stories where despite humble background, players rose to became stars with sheer discipline and hard work. Former India player Manoj Tiwary is one such name. He … Read more

England Defender Kyle Walker Joins AC Milan From Manchester City On Loan Deal

England right-back Kyle Walker has completed a loan move to AC Milan from Manchester City, the clubs announced on Friday. The 34-year-old Walker will join Milan for the remainder of the season in a deal that could become permanent in the summer. Walker endured a difficult campaign as City captain and had not … Read more