IndusInd Bank Raises ₹16,550 Crore Through CDs, Backed by PSU Banks
Prime Highlights: • So, PSU banks have put a lot of money into IndusInd Bank's CDs—why? Well, they're offering good rates. • When IndusInd Bank hit some money troubles, PSU…
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New UPI Rules from April 1: Inactive Numbers to Lose Access
Prime Highlights: Banks and Payment System Providers (PSPs) must freeze UPI IDs of dormant or reassigned mobile numbers from April 1, 2025. Users need to maintain their mobile numbers registered…
Purdue Pharma’s Bankruptcy Fees Exceed $250 Million Amid New $7.4 Billion Settlement Plan
Prime Highlights: The company filed a $7.4 billion plan to resolve lawsuits related to its OxyContin medication, which contributed to the U.S. opioid addiction crisis. The new bankruptcy plan includes…
Rimini Street Appeals $58 Million Legal Fee Award in Ongoing Oracle Copyright Battle
Prime Highlights: The 15-year copyright battle between Rimini Street and Oracle returns to the U.S. appeals court, focusing on a $58 million legal fee award to Oracle. Rimini seeks to…
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Apple Wins Lawsuit Against Tech Writer Over Copyright Infringement Allegations Regarding Tetris Movie
Prime Highlights: US District Judge Katherine Failla dismissed Dan Ackerman's copyright lawsuit against Apple and the Tetris Company over the 2023 Tetris movie. Ackerman claimed the film copied elements from…
KPMG Secures Approval to Launch US Law Firm
Prime Highlights: KPMG has received approval from the Arizona Supreme Court to launch KPMG Law US, becoming the first Big Four accounting firm to practice law in the U.S. The…
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