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Starbucks on Tuesday (August 13) appointed Chipotle's Brian Niccol as its new chief executive officer, with Laxman Narasimhan stepping down with immediate effect.

Laxman Narasimhan no longer Starbucks CEO; Brian Niccol to lead coffee chain

An application filed in the Supreme Court on Tuesday (Aug 13) stated that the latest allegations by Hindenburg Research against Securities and Exchange Board of India (SEBI) Chairperson Madhabi Buch have created an “atmosphere of doubt,” making it essential for the court to complete its investigation into the Adani Group and disclose its findings.

Hindenburg Vs SEBI: Supreme Court plea seeks directive to complete Adani Group probe

Sebi chief Madhabi Buch and Adani vs Hindenburg row: An independent judicial panel should probe the alleged links between Adani group and Sebi chairperson Madhabi Puri Buch, said former finance ministry secretary EAS Sarma, who had written to the finance minister after fresh allegations were made by Hindenburg Research, in an exclusive chat with WION on Tuesday (Aug 13).

Hindenburg vs Adani: Sebi chief Madhabi's links need judicial probe, ex-official EAS Sarma tells WION

In the ongoing Hindenburg saga, the latest is an application made to the Supreme Court, requesting that SEBI finish the ongoing investigations into the Adani group of companies.

Hindenburg vs SEBI chief: New plea in Supreme Court on Adani probe

In the ongoing controversy surrounding SEBI chief Madhabi Puri Buch, we look at the wider demand for an independent probe into Hindenburg's allegations. A report by the Indian Express shows the web of funds & investments, which Hindenburg alleges show the link between the SEBI chief and the Adani group.

'Web of funds': Hindenburg demands SEBI Chief's client list

India has seen several high-profile cases, with the latest Hindenburg allegations on SEBI chief Madhabi Puri Buch invoking memories of former ICICI Bank CEO Chanda Kochhar.

Hindenburg allegations on SEBI chief invoke Chandra Kochhar's case

Foreign investors pulled out a record amount of capital from China during the second quarter of 2024, reflecting significant pessimism about the world's second-largest economy.

Foreign investors withdraw record amounts from China in June quarter

Retail inflation declined to a five-year low of 3.54 per cent in July mainly on account of subdued prices of food items, and base effect, according to official data released on Monday.

India: Retail inflation slips to five-year low of 3.54 per cent

All Adani stocks opened in red on Monday post the news of the ongoing Hindenburg-SEBI saga. Adani Enterprises trades 3.5 per cent lower and Adani Power is down nearly 5 per cent at 10:24 AM.

Adani stocks open in red post the ongoing Hindenburg and SEBI chief saga

After the Hindenberg allegations, questions are being asked if SEBI chief Madhabi Puri Buch failed to disclose her links to Adani Enterprises. The specific issues at stake are: whether she fully and unequivocally disclosed her investments in a fund that had inflated the stock prices of Adani group firms in the past, and why she didn't recuse herself from recent SEBI investigations into Adani when she was chairperson.

Who'll watch the watchdog? Did SEBI chief Madhabi Buch fail to disclose Adani links, recuse from probes?

Amid the furore over the Hindenburg Research report alleging that Sebi chairperson Madhabi Puri Buch and her husband had stakes in an offshore fund linked to Adani group, global investors have started calling for her to resign.

Hindenburg vs Adani: Global investors say Sebi chief Madhabi Buch should resign to restore confidence

While a face-off between the US short seller and SEBI’s Chief is escalating, India's markets regulator has asked investors to remain calm. However, the spat is becoming more controversial with the back and forth between the two parties.

Hindenburg vs SEBI Chief: US short-seller counters SEBI chief's rebuttal statement

With the portal wars now white-hot, Realtor.com's revenue has cooled off. Move, Inc., the parent company of Realtor.com, posted a 2 per cent year-over-year revenue decline to $143 million in the fiscal year fourth quarter, it announced Thursday.

Realtor.com revenue erodes amid portal rivalry

Utility company Hawaiian Electric raised concerns on Friday after it revealed that it had not arranged financing for the $1.99 billion Maui wildfire settlement it reached this month.

Hawaiian Electric flags concern over wildfire settlement financing uncertainty

Tesla has stopped orders for the cheapest version of its Cybertruck, listed at $61,000. Instead, it is getting ready an existing $100,000 version for immediate order, promising deliveries as early as this month, according to its website.

Tesla halts orders for cheapest Cybertruck, introduces $100,000 model

Turkiye announced on Saturday that it restored access to the social media platform Instagram, saying that officials had agreed the company would work with authorities to address the government's concerns.

Turkiye lifts 9-day long Instagram ban, restoring access

US inflation likely picked up modestly in July but not enough to deter the Federal Reserve from a widely anticipated interest-rate cut next month. The consumer price index on Wednesday is expected to have risen 0.

Minor US inflation increase unlikely to hinder Fed rate cut in September

Hedge funds at the fastest pace in more than five years added bearish bets in Japanese stocks in a week between Aug 2 and Aug 8, according to Goldman Sachs in a note Friday, when the Nikkei dropped by the largest amount for the index since Black Monday in 1987 on Aug 5.

Bank reports hedge funds ramping up bearish bets on Japanese stocks

The landscape of small and medium-sized enterprises (SMEs) in India is rapidly evolving, driven significantly by technological advancements. Among these, cloud-based data analytics is emerging as a transformative force.

Empowering Indian SMEs through cloud-based data analytics 

Toyota promised Friday to beef up supervision of its vehicle certification to ensure that the scandal that erupted recently over improper tests never happens again.

Toyota's scandal-ridden certification process sends shockwaves through Japan's auto industry

Shares in Paramount Global jumped 6 per cent premarket Friday after investors cheered the strong growth of the media group's streaming business, even as the company joined its rival Warner Bros Discovery in writing down the value of its TV assets.

Paramount's streaming triumph fuels investor optimism amid traditional TV turbulence

A large majority of economists surveyed believe that interest rates will come down by only a quarter point in September, at odds with some calls by large Wall Street banks for a jumbo cut at the next meeting.

Economists remain cautious amid divergent projections on Fed rate cuts

The number of Americans filing new claims for unemployment benefits fell sharply last week, according to Reuters, easing fears of a possible slowdown in the US labour market.

US jobless claims fall sharply, easing recession fears

The sharp slowdown in the US job market, which sent global stock markets into turbulent days, has triggered speculation that the Federal Reserve might cut interest rates before its next scheduled meeting in September.

Global market turmoil sparks speculation on early Fed rate cut

Despite reporting a record loss, Suzano SA, the world's largest wood pulp supplier, still manages to report optimism driven by the potential future benefits of a weakened Brazilian currency.

Suzano SA looks past record loss on weakened Brazilian real

A group of some 1,200 technology workers vowed to support Kamala Harris's presidential bid, part of an effort to demonstrate wide industry support in Silicon Valley for Democrats outside its most vocal investor class.

Tech industry rallies behind Kamala Harris in show of collective support