- Business Insider
Trump Media has gotten Congress involved in its crusade against short sellers
The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for the stock's decline since going public.
- Reuters
India's Kotak Mahindra plunges about 10% after ban on adding new clients digitally
Kotak Mahindra Bank's shares tumbled nearly 10% on Thursday after India's central bank banned the private lender from taking on new clients digitally, which raised concerns about the potential impact to growth. The company's shares dropped 9.7% to 1,665 rupees in pre-open trade, their lowest since March 2023, while the Nifty bank index was down 0.86%. The Reserve Bank of India (RBI) on Wednesday ordered Kotak from taking on new customers via its online and mobile banking channels, and from issuing new credit cards, due to information technology-related deficiencies.
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