Michael Burry, one of America’s most closely watched investors and the man who is famous for predicting the 2008 housing crash, has revealed that he has increased his position in Alibaba Group (BABA). According to a report by Stockwits, in a Substack post, Burry said he purchased additional shares at $111.90, describing the Chinese tech…
NEW DELHI: In late 2020, during a pandemic-induced gap period before starting their freshman year at Stanford, Aadit Palicha and Kaivalya Vohra incorporated Kiranakart Technologies in Mumbai. After a pivot from a traditional grocery aggregator model to a hyper-local dark store network in mid-2021, they chose to officially drop out of their deferred university seats…
At check-in counters in Hyderabad, several passengers said airline and security personnel appeared unfamiliar with NCR’s newly opened airport, prompting repeated questions about their tickets Noida: Hours before they became some of the first passengers to land at Noida International Airport on Monday, travellers flying in from Hyderabad found themselves facing an unexpected challenge. They…
India’s Nitish Kumar Reddy (PTI Photo) Nitish Kumar Reddy’s growing value to India’s ODI setup earned high praise from Sunil Gavaskar after the all-rounder’s impactful display in the opening ODI against Afghanistan in Dharamsala on Saturday.In the rain-shortened 25-over contest, India captain Shubman Gill opted to bowl first after winning the toss. Afghanistan made a…
Filmmaker Anurag Kashyap has hit out at the Indian theatrical ecosystem for bleeding non-blockbuster Hindi films dry like the recently released, ‘Bandar’ and Imtiaz Ali’s ‘Main Vaapas Aaunga’ on screen count and show timings, while Hollywood releases like ‘Obsession’ continue to enjoy significantly better showcasing. In a candid interview recently, Kashyap argued that the industry’s…
NEW DELHI: Asaduddin Owaisi, the president of All India Majlis-e-Ittehadul Muslimeen (AIMIM), is all set to do a Bihar in Uttar Pradesh.Assembly elections in Uttar Pradesh are nearly 8-9 months away and all key stakeholders are busy firming up their strategies for the high-stakes contest. But the AIMIM president is already in action mode with…
Foreign investors eligible for new 15-year residency permit in Kuwait Foreign investors looking to build long-term businesses in Kuwait could soon have a much stronger reason to stay.In a major policy shift aimed at attracting global capital, Kuwait has unveiled a new residency programme that will allow eligible foreign investors, business owners and senior executives…
Uddhav Thackeray and Eknath Shinde MUMBAI: Amid speculation that a section of Shiv Sena (UBT) MPs may defect to Eknath Shinde’s Shiv Sena, party chief Uddhav Thackeray has called a meeting of all Sena (UBT) MLAs and MLCs on June 22, the first day of the monsoon session of the state legislature. Uddhav had convened…
A cargo ship crossing the North Pacific encountered a powerful storm that swept several shipping containers into the ocean. One of those containers carried 28,800 plastic bath toys consisting of yellow ducks, blue turtles, red beavers, and green frogs. What appeared to be a routine shipping accident soon turned into one of the most unusual…
A 6.3-magnitude earthquake struck Haixi Prefecture in northwest China’s Qinghai Province on Tuesday evening, prompting authorities to assess the impact in the sparsely populated high-altitude region.According to the China Earthquake Networks Center (CENC), the quake occurred at 5:06 pm local time (Beijing Time). The epicenter was located at 37.80 degrees north latitude and 95.56 degrees…