Sunday, December 19, 2021

Enforcement Directorate arrests NBFC CEO in probe against Chinese-backed loan apps

e was later produced before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad that sent him to 15 days' judicial custody, the agency said in a statement. The action is linked to the ED's investigation against a number of Indian NBFCs which are in the business of instant personal loans through mobile apps (applications). https://ift.tt/32h1Aay

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A look at the secretive process Meta used to get an advantageous deal for its Hyperion data center in Louisiana, including tax breaks and lack of public input (New York Times)

New York Times : A look at the secretive process Meta used to get an advantageous deal for its Hyperion data center in Louisiana, includi...