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Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

by AIP Online Bureau | Mar 22, 2026 | Eco/Invest/Demography, International News, Technology

The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world’s richest person, was accused of falsely claiming on ​social media that Twitter underreported how many fake and spam accounts, known as bots, were...
Govt may consider OFS option for raising public float in IDBI Bank

Govt may consider OFS option for raising public float in IDBI Bank

by AIP Online Bureau | Mar 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price. New Delhi:The government may consider selling...
Chubb releases details structure of the Gulf Maritime Insurance Facility with DFC

Chubb releases details structure of the Gulf Maritime Insurance Facility with DFC

by AIP Online Bureau | Mar 22, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

The facility will provide war marine risk insurance for hull & liability as well as cargo. Coverage will be offered for war hull risk insurance, for war P&I insurance and war cargo insurance. NEW YORK:Chubb, the world’s largest publicly traded property...
Post Brexit,UK seeks closer EU ties on financial services for growth

Post Brexit,UK seeks closer EU ties on financial services for growth

by AIP Online Bureau | Mar 22, 2026 | Eco/Invest/Demography, Policy, Regulation

Six years after Britain left the European Union, Keir Starmer’s Labour administration is trying to forge closer links with the bloc, and Reeves has identified financial services as a key area that can help revive the UK’s stuttering economy. As part of that, ministers...
Govt launches carbon market portal,domestic market to start within next 4 months

Govt launches carbon market portal,domestic market to start within next 4 months

by AIP Online Bureau | Mar 21, 2026 | Climate, Environment, Renewable Energy, Indian News, Policy, Technology

Manohar Lal the Union Minister for Power & Housing and Urban Affairs said the carbon market would function as a mechanism to balance emissions by allowing entities with surplus carbon credits to sell them to those falling short of compliance targets. New Delhi:The...
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