CM inaugurates new pavilion in MAC
The MA Chidambaram Stadium at Chepauk, a venue steeped in history where the first Ranji Trophy match between Madras and Mysore was played in 1934 has a newly-built pavilion and terrace which was inaugurated by Tamil Nadu Chief Minister MK Stalin
Capital woes
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit that claims the company didn’t disclose the risks that future interest rate increases would have on its business.
India has well-regulated & well-supervised banking sector: RBI Guv
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country’s banking system, while stressing how recent developments in the US have brought to the fore the criticality of banking sector regulation and supervision.
Tata Consumer ends acquisition talks with Bisleri
Tata Consumer Products Ltd said on Friday that it has now ceased negotiations with Bisleri with regard to a potential transaction. The company has not entered into any definitive agreement or binding commitment on this matter
‘Trouble in Credit Suisse unlikely to impact India’s banking system’
India’s banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Although Credit Suisse is more relevant to India’s financial system than Silicon Valley
Washington turns to Wall Street to help rescue dying bank
The scene was reminiscent of the last financial crisis, nearly 15 years ago: Faced with a blossoming emergency in the banking sector, worried regulators and policymakers in Washington turned to Wall Street for help.
Creators can now gear up for podcasts in YouTube Music
Video-sharing platform YouTube on Friday announced that US creators can now create podcasts in YouTube Studio and inclusionAof podcasts in the company’s Music app is coming soon.
Amazon shuts Kindle magazine, newspaper subscriptions
Amazon has stopped selling magazine and newspaper subscriptions through Kindle Newsstand as of March 9, and also stated that it will stop delivering current Kindle Newsstand subscriptions in September.
‘Artificial pancreas improves blood sugar control for kids ages 2-6’
According to a new study, an artificial pancreas created at the University of Virginia Center for Diabetes Technologies improves blood sugar management in children aged 2 to 6 with type 1 diabetes.
