CBI busts international cyber fraud racket; ₹2.8 crore in cryptocurrency seized, one arrested
In a major breakthrough under its ongoing anti-cybercrime initiative ‘Chakra-V’, the Central Bureau of Investigation (CBI) has unearthed a transnational cyber fraud network targeting citizens in the United States and Canada.
Acting on credible intelligence, the agency conducted searches at three locations across India and arrested one accused, Rahul Arora, in New Delhi.
Read MoreThe Burst
Alibaba: Crazy Buy or Sell, Sell Sell!
Just a few months ago, shares of Chinese e-commerce giant Alibaba (NYSE:BABA) plunged by 22.7 percent over the course of the month. The company had lost approximately 45 percent of its value over a one year period. These losses contrast sharply with Alibaba’s fundamentals, which are generally quite positive.
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Read MoreThe Ivy
Market Commentary: If I Had To Buy 1 Stock This Would Be It
We were put on the spot recently when a colleague asked “if you had to buy just one stock what would it be?”
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