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YOU WONT BELIEVE: 11 - What They Never Told You

Adani stock manipulation exposed: Offshore trail points to two investors with links to Adani family

After the Hindenburg report accused the Adani Group of stock manipulation earlier this year, the conglomerate’s stocks had seen a sharp dip, and the Supreme Court had ordered a probe amid protests by opposition parties.

Newslaundry

Brightcom Group CMD, CFO resigns

Brightcom Group CMD & CFO resign following SEBI investigation into irregularities. ED searches locations of Brightcom Group & auditor. Board proposes transition leadership team & search for CEO & CFO to ensure smooth continuation of operations. Steps taken to ensure compliance with regulations.

The Hindu

Roberto Colaninno, Chairman and CEO Of The Piaggio Group, Dead At 80

Italian businessman Roberto Colaninno, chairman and CEO of the Piaggio Group, has died at the age of 80. His business accomplishments are well remembered.

RideApart

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Meta banned creators from a Facebook Group for speaking out about payout discrepancies

Two creators who spoke out about payment shortfall that Meta ascribed to a glitch—including a creator who discussed legal remedies—were summarily ejected from the Meta-run group.

Fortune

World’s Top 5 EV Automotive Groups Ranked By Sales: H1 2023

Five OEMs were responsible for the majority of global plug-in electric car and all-electric car sales during the first half of 2023.

InsideEVs

Sand, rocks to be removed from Muthalapozhi harbour mouth from August 1

Work on removing accumulated sand and scattered rocks from the Muthalapozhi harbour mouth will begin on Tuesday, the State government said on Monday.

The Hindu

Manchester United legend urges Glazers to leave as supporter group fears 18-month saga

The Manchester United ownership is an issue that has been rumbling on in the background for the past nine months - and there aren't any signs of a conclusion being reached

FourFourTwo

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Wealth manager WH Ireland cuts jobs after completing ‘urgent’ search for funds

WH Ireland successfully raised £5 million at a steep discount this morning, after warning it was in danger of collapse if it failed to do so

Evening Standard

Coutts CEO Peter Flavel stands down over Nigel Farage row

Coutts’ chief executive Peter Flavel, the boss of the private bank which closed Nigel Farage’s account, will step down immediately, NatWest Group has said.

Evening Standard

Tata Group to set up EV battery factory in UK

In a major development, Tata Group has announced that it will establish a battery cell gigafactory in the UK. Read further on Dynamite News:

Dynamite News

William Hill owner 888 warns licence could be at stake as watchdog probes new investors

Kenny Alexander, who built the business now known as Entain before a shock exit, led a vehicle that bought a stake in 888 last month

Evening Standard

Recruiter PageGroup sees profit fall as firms defer hiring decisions

Cautious employers are delaying hiring decisions and workers are nervous to accept offers as economic uncertainty hits the jobs market, global recruiter PageGroup showed as it posted a fall in profits.

Evening Standard

Pennon invests in three new renewable energy generation projects

The Exeter-based utilities group is the parent firm for South West Water and Bristol Water

Birmingham Post

International electric car brand opens first showroom in Wales

GWM ORA has partnered with Sinclair Group to open the showroom in Swansea

Birmingham Post

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Birmingham Post

Wynnstay 'on track' to achieve targets for 2023 as it posts half year results

The company saw revenue increase by 22% in the first six months of the year

The Hindu

Biocon Group launches month-long sustainability initiatives with ‘Nature Positive’ Campaign

Biocon Group, a leading global biopharmaceutical organization, kicked off an extensive month-long ‘Nature Positive’ campaign on June 30, Friday, at Yarandahalli Lake.

Evening Standard

Cake Box set to double shop numbers to 400 despite profit decline

The group set a new target as it neared its previous goal of 400 shops

The Hindu

Lulu Group commits to invest over ₹3,500 crore in Telangana

The Abu Dhabi-headquartered Lulu Group to invest ₹3,500 crore across sectors, in Telangana over next five years.

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Evening Standard

Collaborative design project to support Liverpool’s homeless young people wins prestigious Davidson Prize

Helping Hands, which addresses the need for temporary homeless accommodation and support services, was announced as the winner of the 2023 Davidson Prize at Tuesday night’s award ceremony.

The Hindu

Lloyds Banking Group setting up tech development centre in Hyderabad

British financial services major Lloyds Banking Group (LBG) is setting up a technology centre in Hyderabad as part of a larger 3 billion pound strategic investment aimed at transforming its digital offering.

Birmingham Post

Admiral Group expands with acquisition of French online home insurance firm

The deal bolsters Admiral's current market share in the French online home insurance market

Birmingham Post

Tewkesbury's Duraflex Windows Systems is set to close with the loss of more than 100 jobs

The company is owned by Cardiff-based UK Windows and Doors Group

Birmingham Post

Fashion group N Brown blames 'poor early spring weather and low consumer confidence' for continuing sales fall

N Brown's brands include Simply Be, Jacamo and JD Williams

Birmingham Post

People on the move: key appointments and promotions of the week

Companies featuring in this week's round-up include Gentoo Group,

Evening Standard

Issa brothers’ EG Group launches huge $6.1 billion debt refinancing deal as loan deadlines loom

The firm said it expected to reduce total net debt down from $9.8 billion in March

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