Good Morning Folks!!! Why does a chef's hat, known as a "toque," traditionally have 100 pleats? It’s not just a stylish accessory in the kitchen! Each pleat actually symbolizes the vast culinary knowledge a chef must possess. Think of a tasty, versatile treat that is nestled in the common pantries of every breakfast. This ingredient is a protein powerhouse that relishes your every taste bud. Can you master today's trivia? Stay tuned till the end of the newsletter to find out!

SEBI
Adani Group vs. Hindenburg: The SEBI Showdown

One Liner: SEBI sends a show-cause notice to Hindenburg over its report on Adani Group, stirring up a financial drama.

SEBI has thrown down the gauntlet, issuing a show-cause notice to Hindenburg over its explosive report on the Adani Group. This development follows allegations that Hindenburg's report, which raised concerns about Adani's financial practices, led to significant market disruptions. The notice demands Hindenburg justify its actions, potentially opening a new chapter in the saga. As Adani’s shares wobble and investors hold their breath, SEBI's move could spark major implications for market regulation and corporate accountability. Grab your popcorn 🍿🙈

FINANCE
Kotak Mahindra Caught In The Adani-Hindenburg Crossfire

One Liner: Kotak Mahindra’s shares tumble as the bank finds itself unexpectedly tangled in the Adani-Hindenburg clash.

Kotak Mahindra Bank is feeling the heat as its name surfaces in the ongoing Adani-Hindenburg debacle. Shares dipped after the bank's unexpected link to the saga spooked investors. The controversy stems from Hindenburg’s allegations against Adani, and now Kotak Mahindra is caught in the whirlwind. The bank's involvement is still murky, but the market reaction was swift and unforgiving. As the financial community buzzes, Kotak Mahindra is left picking up the pieces and trying to distance itself from the fallout of this high-stakes drama 📉😵‍💫

BENGALURU
BBMP To Delegate Responsibility To New Waste Collectors

One Liner: BBMP hands over solid waste management to a new firm, shaking up the city’s approach to dealing with its garbage woes.

In a bold move to tackle Bengaluru’s trash troubles, the BBMP has appointed a new company to manage solid waste, transferring 21 engineers to oversee the revamp. This shift aims to modernize waste management and improve efficiency, a pressing issue for the city's cleanliness. With the new firm at the helm, the city hopes to see a significant reduction in waste-related headaches and cleaner streets. It’s a fresh start for Bengaluru’s fight against the garbage pile-up, signaling a cleaner and greener future! 👏🌿

WORLD

Indian-American Rishi Shah is embroiled in a massive fraud scheme, involving Rs 8,300 crore, which has significantly impacted top U.S. investors. Shah, the co-founder of Outcome Health, is accused of defrauding investors by inflating revenue and manipulating contracts to secure substantial financial backing. This scandal has not only tarnished Shah's reputation but also shaken investor confidence in health tech startups. Shah's case underscores the critical need for stringent regulatory oversight to prevent such large-scale financial deceptions.

A recent study of 60-million-year-old fossilized grape seeds reveals that the extinction of dinosaurs played a crucial role in the widespread distribution of grapevines. The seeds, discovered in ancient sediments, indicate that post-dinosaur extinction, grapevines thrived and spread due to the absence of large herbivorous dinosaurs that previously hindered their proliferation. The findings underscore the significant impact of major extinction events on the evolution and distribution of plant species.

JPMorgan forecasts a significant crash in the U.S. stock market, attributing it to economic pressures from the BRICS nations. The financial institution predicts that the collaborative economic and geopolitical strategies of the BRICS countries will lead to a realignment of global financial markets, potentially causing a substantial downturn in U.S. stocks. JPMorgan's analysis highlights the increasing influence of the BRICS bloc in reshaping global trade and investment landscapes, potentially diminishing the dominance of U.S. financial markets.

Start-up: Top 10 Startups from Manipur

Watch: How an Abandoned Railroad Became One of NYC’s Most Popular Parks

Workshop: Saree Painting Workshop

Riddle

What is taken before you can get it?

ANSWER TIME!!

Answer(Trivia): Hundred ways to cook an egg

Answer(Riddle): Picture