Crypto’s Oktoberfest: Here’s why Bitcoin soared to 18-month high and what it means for speculators
Mehul Das • 1 year agoOctober has always been good for cryptocurrencies, with traders dubbing the month, 'Uptober.' This year the approval of an exchange-traded fund or ETF, that owns bitcoin on behalf of fund investors, by the US SEC is expected to fuel demand, because of which we see this rise
AI will lead to an unavoidable market crash, cause 'massive' financial crisis warns Wall Street watchdog
Mehul Das • 2 years agoGary Gensler, the Chairman of the US SEC has warned that using AI in the financial markets in an unregulated manner will lead to a massive stock market crash, which in turn will lead to a gargantuan, one of the worst financial crashes
AI chatbots can manipulate and crash the stock market irreparably, says a worried US SEC
Mehul Das • 2 years agoFinancial institutions relying on AI may not be such a good idea. Not only AI hallucinations may lead to inaccurate analysis, but AI chatbots can also manipulate the market and send it crashing down
Infosys shares jump nearly 13% as US SEC concludes probe in whistleblower case; market cap soars by Rs 28,489 cr
• 5 years agoShares of Infosys on Tuesday jumped nearly 13 percent after the company said the US Securities and Exchange Commission (SEC) has concluded the investigation in the whistleblower allegations made last year, and that it does not anticipate any further action by the regulator
Infosys says US SEC concludes probe in whistleblower case; no further action expected
• 5 years agoInfosys on Tuesday said the US Securities and Exchange Commission (SEC) has concluded the investigation in the whistleblower allegations made last year, and that it does not anticipate any further action by the regulator
Infosys faces yet another class-action lawsuit in US to recover losses suffered by investors
• 5 years agoUS-based Schall Law Firm has said it will file a class-action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of "unethical practices" at the Indian IT major
Infosys says no prima facie evidence to back whistleblower complaints; shares up 6.5% in morning trade
• 5 years agoIndian IT services major Infosys Ltd said on Monday it received no evidence to support the allegations in a whistleblower letter from last month, sending shares up as much as 6.5 percent in morning trade
Infosys row: Govt seeks details on wistleblower complaint to US market regulator against IT firm's management
Fp Staff • 5 years agoLast week, it was reported that the market regulator Securities and Exchange Board of India (SEBI) might seek clarification from Infosys management on charges levelled by the whistleblower.
Infosys row: US SEC to seek SEBI's cooperation into whistleblower allegations against IT-company
• 5 years agoUS market regulator SEC will be seeking cooperation from its Indian counterpart SEBI in its probe into Infosys, which has been rocked by whistleblower complaints of several alleged irregularities, sources said on Friday
Infosys whistleblower complaint probe: IT major asks investigators to complete probe in two week's time
Fp Staff • 5 years agoNandan Nilekani, the non-executive chairman will lead the team, which will be assisted by Inderpreet Sawhney, the general counsel at Infosys