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CoinSwitch’s Singhal on handling a crypto heist; Kunal Bahl outlines Titan Capital’s new fund
- Zomato’s gross order value more than doubled to Rs 6,132 crore; its profits fell to Rs 176 crore on a QoQ basis, due to increased expenses from adding stores and warehouses.
- IMF lowered its global growth forecast for next year and warned of accelerating risks, ranging from wars to trade protectionism.
- The IMF pointed out that the adoption of electric vehicles represents a fundamental transformation of the global automotive industry, with 'far-reaching consequences.'
- HSBC’s first female CFO, Pam Kaur, aims to conquer the challenge of navigating a new interest rate cycle and fractitious geopolitical relations using the 'Power of Chi'.
- CoinSwitch Co-founder Ashish Singhal shed light on how the company would have handled the WazirX crypto heist. He believes companies should absorb losses internally when possible and protect fully protect users.
- Titan Capital, founded by Snapdeal’s Kunal Bahl and Rohit Bansal, has launched a follow-on fund to invest in top-performing companies from its portfolio of 280 startups.
- Ankita Asthana and her team have built WeddingNama, a startup that offers wedding photography, film-making services, and more.
- Moody's raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31% rise in Q3 earnings on Tuesday.
- Allianz SE is in talks to scrap two Indian joint ventures with Bajaj Finserv Ltd. as part of a dispute over the direction of the partnership.
- Anthropic has enabled its AI to control actions on a computer, from searching the internet to inputting text, as companies seek to leverage the technology to create virtual agents.
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