BUSINESS

Amid FTX collapse, another crypto exchange suspends withdrawals
IANS -
"Limiting our services to prevent further risks, the technical team has had to manually proofread and restore the system to ensure maximum accuracy of all users' holdings," AAX said in an official statement on Sunday.
Kotak Cherry customers can now invest in WealthBaskets
IANS -
Kotak Cherry customers can invest in stock baskets and ETFs through WealthBaskets, thus giving them access to premium investment solutions using their existing broking account by simply logging in to the Kotak Cherry mobile app/website.
IL&FS commences interim distribution payout
IANS -
The Group has completed distribution of Rs 623.38 crore, on an interim basis, to the secured lenders/secured financial creditors of RMGL comprising Union Bank of India, Bank of India, Indian Bank, Punjab & Sind Bank, UCO Bank, Bank of Baroda, Punjab National Bank and Indian Overseas Bank.
BS-3 petrol, BS-4 diesel vehicles to run in Delhi from today as curbs end
IANS -
No, further order has been issued about continuation of the curbs. Amid spike in air pollution, the Transport Department of Delhi Government had banned these vehicles till Sunday (November 13).
Cloud lending platform Lentra raises $60 mn, aims global expansion
IANS -
The company said it will use the funds for products and platform strengthening and also for global expansion, including the US.
Ex-T-Mobile CEO wants to run Twitter, Musk says 'no'
IANS -
Legere is known to successfully reboot the culture at T-Mobile. "Hi @elonmusk, maybe I should run @Twitter. You can stop managing daily business, and 'content moderation' and then support product/technology, let someone else 'run' @Twitter," Legere tweeted late on Sunday.
Crypto.com mistakenly sends Ethereum worth $400 million to another exchange
IANS -
Crypto.com CEO Kris Marszalek said in a tweet that the company was supposed to send 320,000 cryptos to one of its offline wallets, but accidentally sent it to a "whitelisted" address belonging to the corporate account at Gate.io.
Elon Musk mocks sitting US Senator who slammed $8 Blue with verification
IANS -
In his letter to Musk, Markey, Senator for the state of Massachusetts, wrote that "a Washington Post reporter easily created a fake Twitter account in my name, and by paying $8 was also able to obtain Twitter's blue checkmark, signifying that Twitter had 'verified' the account was indeed that of a sitting US Senator".
Indian-origin Nishad Singh under scanner for crypto exchange FTX crash
IANS -
Nishad Singh lived with the FTX founder along with 9 others. Singh was in the inner circle of FTX's 30-year-old founder, Sam Bankman-Fried. "Gary Wang (Chief Technology Officer), Nishad and Sam control the code, the exchange's matching engine, and funds," said a person familiar with the matter.
Twitter manager vomits after Elon Musk ordered to fire employees: Report
IANS -
According to The New York Times, Elon Musk gathered several human-resource executives in a "war room" in the company's offices and told them to prepare for widespread layoffs. He said Twitter's workforce needed to be slashed immediately, and those who were cut would not receive bonuses set to be paid on November 1.
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