India’s markets regulator, SEBI, is investigating six IndusInd Bank officials for potential insider trading. The probe focuses on whether these officials sold stock options with knowledge of undisclosed accounting irregularities. SEBI is examining the timing of trades and has requested a report from the bank regarding the accounting lapses and delayed disclosure, which led to executives stepping down.
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff
Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered