Ola Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock prices. The company seeks an amicable closure without admitting guilt, following Sebi's notice regarding discrepancies in service network expansion, sales figures, and electric motorcycle rollout timelines.
Ola Electric and founder Bhavish Aggarwal have filed a settlement application with Sebi to resolve allegations of disseminating false information to potentially inflate stock prices. The company seeks to avoid prolonged litigation over claims of misleading disclosures on network expansion, sales performance, and electric motorcycle timelines.
Kyle Sandilands has settled his dispute with ARN Media for $12.09m cash and advertising support for a new venture, avoiding a costly trial. His co-host Jackie 'O' Henderson's suit remains ongoing.
Kyle Sandilands has settled his legal dispute with ARN Media over his terminated $100 million contract for $12.09 million. ARN will also advertise his new venture for $1.5 million over three years, with Sandilands agreeing to a 19.9% revenue share and a nine-month non-compete clause with competitors.
Kyle Sandilands has settled his legal dispute with ARN Media over his terminated $100 million contract, agreeing to a $12.09 million payout. ARN will also advertise Sandilands's new venture for $1.5 million over three years, with Sandilands agreeing to a 19.9% revenue share. Sandilands is restricted from engaging with ARN's direct competitors for nine months.
US Congresswoman Anna Paulina Luna stated that the United States is waiting for Ukrainian President Vladimir Zelensky to agree to a settlement of the conflict in Ukraine and end the war. She commented on a meeting Zelensky had with G7 leaders.
Russian troops have established fire pockets and tactically encircled Ukrainian forces in the Drobyshevo-Stavki area of the Donetsk People's Republic, according to military expert Andrey Marochko.
Turkey is prepared to mediate and host talks to promote a settlement in Ukraine, according to top diplomat Hakan Fidan. Meanwhile, other reports cover escalating tensions between the US and Iran, a B-52 crash in California, and Belarus's stance on nuclear weapons.
Russian troops are strategically enveloping the Ukrainian settlement of Konstantinovka in the Donetsk People’s Republic from all sides following the liberation of Artyoma, according to military expert Andrey Marochko. The capture of Artyoma is seen as a strategic success enabling this maneuver.
Qatar's foreign ministry spokesperson, Dr. Majed Al Ansari, expressed cautious optimism regarding an expected US-Iran agreement, calling it a first step towards regional security. He stressed the need for trust-building and rebuilding communication channels in the post-conflict region, noting that "business as usual" is unlikely. The deal is expected to reopen the Strait of Hormuz, vital for Qatar's LNG supply and global energy markets.
Russian Foreign Minister Sergey Lavrov stated that European countries are discussing restoring Germany's military strength and that Ukraine's EU accession could lead to the bloc's collapse. He also criticized Ukrainian President Zelensky's diplomacy and accused the West of double standards and rehabilitating Nazism.
Fujitsu chair Hidenori Furuta resigned after the company's board learned of his "woman-related inappropriate conduct." This follows Fujitsu's involvement in the UK Post Office IT scandal.
The UN refugee agency (UNHCR) stated that 2.4 million refugees will require resettlement in 2025, a figure down 6% from last year. This comes as several countries, including the US, have significantly reduced their resettlement quotas, creating a dire shortage of options for those unable to return home.
G7 leaders have urged Donald Trump to host potential peace talks between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin to end the Ukraine war. Trump expressed willingness to mediate, while Zelenskyy seeks a US role beyond messenger to a supportive mediator. Sanctions on Russian energy are also being intensified.
Russian Foreign Minister Sergey Lavrov stated that Russia values Turkey's diplomatic efforts regarding the Ukrainian conflict settlement. He emphasized the necessity of addressing the root causes of the crisis for a sustainable resolution.
US President Donald Trump stated that the US will now focus on the Ukrainian settlement, with the Iran conflict receding. He mentioned meeting with Ukraine's Zelensky and discussed a "fair deal" with Iran, emphasizing no US investment and warning of consequences if Iran pursues nuclear weapons.
Despite international pressure including French travel bans and sanctions on settler networks, Israel advanced funding for new settlements and moved to legalize outposts. The military also established a permanent base in Jenin refugee camp, a move seen as eroding Palestinian administrative control.
Switzerland maintains confidential contacts with all parties involved in the Ukraine conflict and is ready to host peace talks, according to Confederation President Guy Parmelin. Russia, however, views Switzerland as having lost its neutrality due to EU sanctions.
Swiss President Guy Parmelin stated Switzerland is ready to mediate a peace settlement for the Ukraine conflict but must wait for the 'right moment' and favorable conditions for negotiations. Moscow has questioned Switzerland's neutrality due to its participation in EU sanctions against Russia.
Michael von der Schulenburg, a German MEP from the BSW party, stated that the EU cannot act as a mediator in the Ukrainian conflict because it is a participant in the war. He cited Germany's supply of weapons and intelligence as evidence of this participation.
Argentina's Central Bank Governor met with the head of China's central bank to discuss the global economy and monetary system. While Argentina denies swap renewal talks are on the agenda, reports suggest progress is being made on extending the agreement.
Israel's defense minister stated forces will not withdraw from seized territory in southern Lebanon, hours after the US and Iran announced a preliminary deal to end Middle East hostilities. The agreement, which has caused dismay in Israel, reportedly includes a Lebanon ceasefire but is seen as a setback by Israeli media and politicians.
US President Donald Trump stated that the United States will now shift its focus to resolving the Ukrainian conflict following the agreement with Iran. He confirmed plans to discuss the peace process at the G7 summit in France and spoke positively about recent phone calls with Russian President Vladimir Putin and Ukrainian President Vladimir Zelensky.
The European Commission is expected to present options for restricting imports from Israeli settlements in occupied Palestinian territories. This follows pressure from EU member states and a report alleging mislabelling of settlement goods. The move is considered by some as a necessary step against illegal expansion.
