Sidhartha Shukla
moneycontrol
Mumbai, MH, India
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Past articles by Sidhartha:
RBI-backed cryptocurrency? Why idea of crypto-rupee may not be as good as it sounds
If central bank backed digital currencies remove elements which make cryptocurrencies robust and secure and hope to achieve the same result, they might be in for a rude awakening. → Read More
Bankruptcy proceedings for Monnet Ispat begins, IRP calls for expression of interest from buyers
The Hindu BusinessLine reports that the IRP has called for expression of interest (EoI) from buyers for Monnet Ispat and Energy. The last date for submission of EoI by buyers is September 25, the report states. → Read More
Bitcoin price dips below $4,000 as ban of exchanges in China spooks crypto-street
At time of reporting, bitcoin was trading at USD 3,835 levels, as per the Coindesk price index. → Read More
Digital India, ransomware, and the rise of cyber threats in the country
India’s rise as a digital power not only requires digital awareness among the burgeoning set of internet users, it also demands the strengthening of the IT infrastructure with regards to security. → Read More
Blockchain funding: ICOs raise around $800 mn in Q2CY17, exceed VC by over 3x
From April to June, ICOs helped raise USD 797 million, compared to USD 235 million raised via VCs. This is more than a 2,000 percent jump compared to the first quarter of 2017, when only USD 36 million was raised through ICOs. → Read More
McDonald's-Bakshi row: NCLT to announce decision today; fate of 6500 hangs in balance
Last month, McDonald's had cancelled the franchise agreement for 169 restaurants in north and east India with Vikram Bakshi's CPRL, which is a 50:50 joint venture between the two. → Read More
Panic sell-off: Cryptocurrencies lose over $36 bn in m-cap as China cracks down on ICOs
As reported by Chinese news outlet Caixin, the central bank's document labels ICOs as an unauthorized fundraising tool that may involve financial scams and pyramid schemes, and which “severely disrupt the social and economic order.” → Read More
Bitcoin tops $4700, altcoins at new highs; a wrap of the major action on cryptostreet
Here’s a look at some of the most popular cryptocurrencies and how they have fared over the month. → Read More
COMMENT: Will Bajaj Auto triumph with Triumph?
The deal makes sense for both partners. For Bajaj, the strong international brand positioning of Triumph will help it to capture the emerging mid-size bike segment faster where its presence is negligible. → Read More
Narayana Murthy hits back at Infosys board: Here's the complete statement
Vishal Sikka resigned earlier today from the post of Infosys' CEO, saying that the constant allegations from the company's founders was making it difficult to create value in the company. Co-founder of Infosys, Narayana Murthy said in a statement that his primarily concern was the deteriorating standard of corporate governance which he repeatedly brought to the notice of the company's board.… → Read More
India vs China, US vs North Korea: A look at nuclear prowess of the nations
In terms of nuclear arsenal, the US, India, China and North Korea are among the top 10 nations in the world. → Read More
Interview: CEO of world's largest bitcoin cloud miner answers the most important questions on bitcoin mining
In an extensive conversation with Moneycontrol, Marco Streng, CEO of Genesis Mining, the largest cloud mining company in the world, sheds light upon the cloud mining industry, its challenges and the road ahead for cryptocurrencies. → Read More
As markets tank, bitcoin rockets past $3700; is it the new safe haven?
Since the start of 2017, bitcoin's price against the US dollar has appreciated over 280 percent, while the total cryptocurrency market cap has rallied over 670 percent. → Read More
Luxury homes prices in Bengaluru, Delhi record negative growth, Mumbai sees marginal surge
Staggering price appreciation for Chinese cities, albeit a declining trend. European cities of Madrid, Berlin and Paris record healthy growth. → Read More
BitBay forays into India, to offer trade in 6 more cryptocurrencies apart from Bitcoin
The website will offer multiple cryptocurrencies to buy, sell and trade. Equipped with advance security features and offering dummy trading to create wide awareness. → Read More
Union Bank to raise Rs 6,350 cr in FY18; to file 10 more cases to insolvency courts
Announcing its first quarter results on Thursday, the public sector bank's CEO and MD Rajkiran Rai G. said they have asked for Rs 1,500 crore capital from the government. → Read More