 "Binance denies liability for WazirX’s recent cyber attack, citing lack of ownership and distancing itself from the compromised platform.")
Binance, the global cryptocurrency leader, has clarified its lack of responsibility regarding the recent cyber attack on the Indian crypto exchange WazirX. In a blog post, Binance asserted that it does not own or operate WazirX, despite previous claims of an acquisition. The attack, which resulted in the theft of over $230 million, led WazirX ...
 "Aurobindo Pharma finalizes acquisition of GLS Pharma, enhancing its oncology portfolio, gaining full ownership by December 2024.")
Aurobindo Pharma Ltd has announced its plan to acquire the remaining 49 percent stake in GLS Pharma Ltd for Rs 22.5 crore, making GLS a wholly-owned subsidiary. This agreement, finalized on September 18, 2024, involves purchasing 5,90,361 equity shares at Rs 381.12 per share. Aurobindo initially acquired a 51 percent stake in GLS from Suresh ...
 "Vedanta’s bold demerger aims to transform asset management into ownership, investing .9 billion to become global industry leaders.")
Vedanta Ltd is undergoing a major transformation with a proposed demerger of its various business units, which cover over 15 commodities. This strategic move aims to transition the company from asset managers to asset owners, allowing it to create independent companies focused on sectors like aluminium, oil and gas, power, and steel. With 75% approval ...
