Just In | RBI has superseded the boards of Srei Infrastructure Finance and #Srei Equipment Finance, announced a statement from the central bank

Here are all the details

https://www.livemint.com/companies/news/rbi-supersedes-boards-of-srei-companies-to-initiate-insolvency-proceedings-soon-11633345313407.html

Services of #Facebook, #Instagram, and #WhatsApp are coming back online after several hours of disruption that impacted millions

The users of the platforms remained clueless as they repeatedly received error messages for the most part of the day.

Read: https://bit.ly/2ZR1iWB

RBI supersedes boards of 2 SREI group leaders | Edtech unicorn Byju's raises Rs 2,200 crore in fresh round | Udaan looks to raise Rs 4,000 Cr to fund growth

Read the e-paper here: http://epaper.livemint.com

Facebook CEO #MarkZuckerberg apologised to the users who faced hours' worth of disruption in accessing the services of FB, Whatsapp & Instagram

Expressing his regret, Zuckerberg let users know that the platforms will gradually return online. Read: https://bit.ly/3mpufRd

The outages at #Facebook, #WhatsApp and #Instagram occurred because of a problem in the company’s domain name system, a relatively unknown -- at least to the masses -- but crucial component of the internet.

For more details: https://www.livemint.com/companies/news/the-reason-behind-whatsapp-facebook-instagram-outage-explained-11633391868867.html

#NewsInNumbers – a compilation of interesting numbers that matter!

Read the Mint Newsletter here: https://www.livemint.com/mint-top-newsletter/minttopofthemorning05102021.html

#mintnewsletter #business #economy

✈️Mumbai’s Chhatrapati Shivaji Maharaj International Airport will reopen terminal one for domestic flights from 20 October.

✈️The terminal has been closed for operations since April because of a steep decline in travel parameters. Read: https://bit.ly/3uEEkxg

#SEBI imposed a penalty of ₹1.02 Cr on #AdityaBirla Money Ltd for the violation of provisions of Portfolio Managers regulations, Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) regulations, code of conduct under SEBI Regulations,1992

https://bit.ly/3BcjAQ5

A federal jury has ordered #Tesla Inc to pay more than $130 million in damages to a Black former worker, finding he was subjected to a racially hostile work environment, the Wall Street Journal reported.

Read: https://bit.ly/3l8k1oY

#Tinder is rolling out a virtual currency to encourage users to spend more time swiping, scrolling and eventually spending real money on the most popular dating app in the U.S.

Read more: https://www.livemint.com/companies/news/tinder-rolls-out-in-app-currency-to-encourage-real-spending-11633391579997.html

Moody's upgrades outlook on India | Services PMI eases amid an inflationary trend in Sept | Govt may withdraw cases against telcos

Read the e-paper here: epaper.livemint.com

Facebook CEO #MarkZuckerberg publicly addressed a recent series of negative stories about the company by saying that accusations about #Facebook prioritizing profit over user safety are “just not true."

Read more: shorturl.at/nW146

#MintNewsletter | India’s path to economic recovery got all the right signals in Sept

Increasing public mobility, as well as a rapid acceleration of the covid-19 vaccination drive, gave ample hope.

Read: https://www.livemint.com/mint-top-newsletter/minttopofthemorning06102021.html

Here are the top ten stocks that may be in the news today.

#Stocks #StockMarket #StocksToWatch | Read: https://www.livemint.com/market/stock-market-news/bharti-airtel-jspl-vedanta-among-stocks-to-watch-today-11633485795388.html

#Licious has raised $52 million from IIFL Asset Management Ltd’s private equity fund at a billion-dollar valuation, making the online fish and meat store the 29th Indian #startup to enter the unicorn club this year.

#StartUp #StartUpIndia | Read: https://bit.ly/3oFuESe

#MintPremium | While some of these are holding companies, others are companies that have built a desirable stock portfolio over the last few years.

Here are 5 of them.

#Investing #Investment #Stocks | Read: https://www.livemint.com/market/stock-market-news/5-indian-companies-with-enviable-stock-portfolios-11633495504071.html

#PersonalFinance | Does a non-resident Indian (NRI) need to be present in India while purchasing a policy? No, they do not.

An NRI can easily purchase a policy abroad. In some cases, however, it is better to buy the policy while in India.

https://www.livemint.com/money/personal-finance/nris-can-buy-term-insurance-abroad-but-here-s-what-they-should-also-know-11633507803583.html

As digital payments firm Paytm awaits its approval from the Securities and Exchange Board of India (SEBI) for a $2.2 billion IPO, valuation guru Aswath Damodaran, has pegged the fintech firm's valuation to be at $20 billion. Paytm currently holds a valuation of $16 billion. https://www.livemint.com/companies/news/paytm-not-a-buy-and-hold-investment-valuation-guru-aswath-damodaran-on-upcoming-ipo-11633504118980.html