WazirX Scraps Proposal to Share $240 Million Loss with All Users – Files FIR Report
Insights by: John Parsaie & Sumit Kochar WazirX, India’s largest cryptocurrency exchange, was victimized by a major cyber-attack that resulted in the loss of $230 million in funds. As part of its initial damage control strategy, the exchange proposed a loss-sharing plan that would distribute the impact of the loss among all of its users. […]
Unlocking Corporate Governance: Lessons from the Landmark Piramal Case in India
Contributed by: Sarthak Kasliwal Introduction: In a recent landmark case involving Piramal Enterprises Ltd. (PEL), the Securities and Exchange Board of India (SEBI) has illuminated critical corporate governance lessons that warrant the attention of the Indian business landscape. The repercussions of alleged non-disclosures of material information by Piramal Pharma Limited (PPL), a subsidiary of PEL, […]
