Co-Founders Nazım Salur and Serkan Borançılı of Turkish food and grocery delivery startup, Getir, have filed a $700 million lawsuit against Abu Dhabi investor Mubadala Investment Company. They allege the sovereign wealth fund breached a 2024 restructuring agreement by withholding key assets, including the valuable Getir Finance platform. This legal action escalates a dispute following Uber's acquisition of Getir's Turkish operations.
Stock market today: The BSE Sensex, comprising 30 shares, rose 173.81 points or 0.21 percent to settle at 83,450.96. During the session, the index touched an intraday high of 83,598 and a low of 82,987.43. The 50-share NSE Nifty also edged higher, gaining 42.65 points or 0.17 percent to close at 25,725.40.
Gold prices saw a dip of over 1% in futures trade Tuesday, influenced by easing safe-haven demand, improved geopolitical sentiment, and a stronger US dollar. Analysts suggest this is a corrective phase within a broader bullish trend, with investors advised to rebalance on dips amid choppy markets. Global markets also experienced a decline in gold futures.
Persistent rain washed out the Zimbabwe vs Ireland match, confirming Zimbabwe's Super 8 qualification and eliminating Australia. The abandoned fixture led to a points split, finalising the Super 8 Group G1 lineup with India, South Africa, West Indies, and Zimbabwe....
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