Former Credit Suisse bankers

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Global Markets & Equities 15 Oct 2026, 10:11 PM IST

Swiss Top Court Upholds Bonus Cuts for Former Credit Suisse Bankers After UBS Takeover

Switzerland’s top court has upheld the government’s decision to strip bonuses from former Credit Suisse bankers after the lender’s emergency takeover by UBS, closing the bankers’ final legal avenue to recover the pay. The ruling reinforces the state’s authority to intervene in compensation disputes tied to the 2023 rescue of Credit Suisse and underscores the political sensitivity surrounding executive pay in a bank failure.

By RDU Global Wire5 min read

National Governance & Policy15 Oct 2026, 04:01 PM IST

Kerala High Court Suspends Sentence of Former DGP Tomin J. Thachankary in Disproportionate Assets Case

The Kerala High Court has suspended the sentence of former Director General of Police Tomin J. Thachankary and granted him bail while his appeal against conviction is heard. In his challenge, Thachankary has argued that the prosecution relied on a flawed sanction order and miscalculated key income and asset components, including rental receipts, property income, family payments and assets linked to his wife.

5 min readRead →

Frontier AI & Machine Learning15 Oct 2026, 02:39 PM IST

OpenAI Accuses Former Employee of Leaking Unreleased Device Plans in Apple Trade Secrets Fight

OpenAI has accused a former employee who later joined Apple of taking confidential files tied to an unreleased device, escalating a closely watched trade secrets dispute between two of the most influential names in artificial intelligence and consumer technology. The case adds fresh legal and strategic risk for both companies as competition intensifies around AI hardware, talent mobility, and proprietary product development.

6 min readRead →

Frontier AI & Machine Learning15 Oct 2026, 02:19 AM IST

OpenAI Accuses Former Employee of Taking Unreleased Device Files to Apple

OpenAI has accused a former employee who later joined Apple of taking confidential files tied to an unreleased device, escalating an already sensitive trade-secret dispute between two of the technology sector’s most closely watched companies. The allegation adds a new layer of legal and competitive risk at a time when investors are scrutinizing the race to commercialize advanced AI hardware and software.

5 min readRead →

Markets, IPOs & Wealth14 Oct 2026, 08:03 PM IST

Transformers & Rectifiers Surges Over 18% as Q2 Profit Jumps 135% and Revenue Climbs 61%

Transformers & Rectifiers shares rallied more than 18% after the company reported a sharp improvement in quarterly performance, with consolidated net profit rising 135% year on year and revenue increasing 61% in Q2FY27. The stock also drew support from a near doubling of order inflows to Rs 1,169 crore and a 32% expansion in its unexecuted order book, signalling sustained demand visibility.

4 min readRead →

Startups & Venture Capital14 Oct 2026, 07:15 PM IST

Exclusive: Former Dyson India Chief Ankit Jain Secures BEENEXT Backing for New Venture

Former Dyson India managing director Ankit Jain has secured funding from venture capital firm BEENEXT for his new startup, marking an important early validation for his next act after a high-profile corporate run. The investment comes nearly two months after Inc42 first reported that Jain was preparing to launch a fresh venture, underscoring investor appetite for experienced operators building in India’s startup market.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 10:52 PM IST

NBFCs Capture Nearly Half of Small New-to-Credit Loans as Delinquencies Stay Below Industry Average

Non-banking finance companies have emerged as a major channel for first-time borrowers, accounting for nearly half of new-to-credit loans below Rs 2 lakh as of June 2026. The data also shows that NBFC retail delinquency rates remain below the broader industry average, underscoring improved asset quality even as the sector expands its reach.

5 min readRead →

Startups & Venture Capital15 Oct 2026, 10:32 PM IST

Google.org Commits $15 Million to The/Nudge to Expand Credit Access for Indian MSMEs

Google.org has pledged $15 million to nonprofit The/Nudge to help widen access to formal credit for micro, small and medium enterprises across India. The funding is aimed at strengthening the credit ecosystem for underserved businesses, a segment that remains central to employment and economic growth but continues to face persistent financing gaps.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 08:49 PM IST

Apple Pay Launches in India With Axis Bank Visa and Mastercard Credit Cards

Apple Pay has officially launched in India, enabling Axis Bank credit card holders to make contactless payments using Visa and Mastercard cards on Apple devices. The rollout adds a secure, private payment option that does not require PINs or OTPs for each transaction, marking a notable expansion in India’s digital payments landscape.

5 min readRead →

Startups & Venture Capital15 Oct 2026, 05:23 PM IST

Google.org Pledges $15 Million to The/Nudge to Broaden Credit Access for Indian MSMEs

Google.org has committed $15 million to nonprofit The/Nudge to help expand credit access for micro, small and medium enterprises across India. The funding is aimed at strengthening financial inclusion for smaller businesses that remain underserved by formal lending channels despite their central role in the economy.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 12:15 PM IST

India’s Credit Card Spending Falls 2.8% in August as New Card Additions Slow

India’s credit card market showed signs of moderation in August, with spending slipping 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. The slowdown came alongside a 5.6% decline in new card additions, even as year-on-year spending still rose 5.9%, indicating that consumer demand remains resilient but is losing some momentum.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Former Credit Suisse bankers:

UBS(1)Switzerland(1)Swiss Federal Supreme Court(1)Credit Suisse(1)