US charges 3 Indian-origin ex-executives of health tech start up in $1 bn fraud

Washington: Three Indian-origin ex-executives of a Chicago-based health tech start-up have been charged by the federal authorities for their alleged roles in a fraud scheme which involved falsifying the company’s financial performance to raise nearly $1 billion in debt and private equity. The co-founders of Outcome Health Rishi Shah, 33, and Shradha Aggarwal, 34, and former executive Ashik Desai, 26, are among six people accused of fraud “that targeted the company’s clients, lenders and investors,” the US Department of Justice said on Monday. “Outcome’s former executives and employees allegedly deceived lenders,…

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Good for career to be locked up: Jammu and Kashmir Governor

Jammu and Kashmir governor Satya Pal Malik felicitates DGP Dilbagh Singh in Srinagar on Wednesday for conducting a successful Amarnath Yatra(PTI) Jammu and Kashmir governor Satya Pal Malik shared multiple pearls of wisdom in his first official media interaction since August 5 when the Centre announced the decision to revoke the special status of the state and imposed a lockdown. The governor feels the longer politicians stay in jail, the higher the political dividends for them The governor believes mobile phones and Internet are essentially weapons of terrorists, and ordinary…

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Holi 2019 home decor: 5 ways to spruce up your living space this Holi

Image source: Pexels.com Decorating your house for Holi can sound a bit weird since the festival is mostly about playing colours and creating a mess. While most people indulge in playing with gulal, there are also many who stay away from the colours and mark this festival by simply hanging out with their loved ones, enjoying thandai and conducting holi parties that are equally colourful without the gulal. Mark Holi 2019 with striking home decoration items that add colours to your decor and reinstate the theme of celebration and welcoming…

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Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Autodesk Autodesk president and CEO Andrew Anagnost. Autodesk this week agreed to buy construction software company PlanGrid for $875 million. The San Francisco-based start-up previously raised $69 million in funding from investors including YCombinator, Sequoia Capital and Tenaya Capital. PlanGrid enables real-time construction tracking for contractors and and architects. Autodesk “makes software for people who make things.” Start-ups Beijing-based robotics company Geek+ completed a $150 million Series B round from backers including Warburg Pincus, Volcanics Venture and Vertex Ventures. The company develops artificial intelligence and robotics technology for supply chain…

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Deck up your home with Art Deco

A pair of restored Pierre Jeanneret chairs and teakwood library desk at Pooranawalla. Pics/Suresh Karkera An oak tree has to give its life to become your chair. Later, a designer spends weeks and a carpenter spends days so that your perfectly formed backside can rest on its perfectly formed seat. The small act of sitting down comes with a list of sacrifices. So, when you outgrow it, isn’t another shot at life a better end? The antique stores of Mumbai – Moorthy’s in Tardeo, Phillips Antiques in Colaba, Camelot in…

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Beware! Passive Smoking May Up Snoring Risk In Kids

Parents who smoke at home exposing their children to passive tobacco inhalation may increase the risk of developing habitual snoring in kids, according to a study. The findings showed that children are at a two per cent higher risk of snoring for every cigarette smoke in home daily. Children born to fathers who smoke were at a 45 per cent higher risk of snoring than unexposed children. While mothers who smoke increase the risk of developing habitual snoring in their kids by nearly 90 per cent. Those exposed to prenatal…

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Grandparents’ Exposure To This Plastic Chemical Could Up Autism Risk In Kids

Your exposure to a plastic chemical can affect the communications skills of your grandchildren, says a study over mice that found a link between early exposure to the chemical and the risk of autism. Bisphenol A is an endocrine disrupting chemical used in consumer products such as water bottles, dental composites among others and is known to affect the crucial stages of development. The study, published in the journal PLOS One, showed that mice pups whose grandparents were exposed to BPA, demonstrated different vocalisation patterns. “There are potential concerns that…

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Benefits Of Vitamin D: Here’s Why You Should Load Up On The Sunshine Vitamin

Talk about some of the most important vitamins a human body needs; vitamin D tops the list. This wonder vitamin has turned out to be a key nourisher that protects most parts of our body and keep most health conditions at bay. Also known as the ‘sunshine’ vitamin, vitamin D is produced in your skin in response to sunlight. It is said to be fat-soluble vitamin that is vital for regulating the absorption of calcium and phosphorus, two of which are known to strengthen bones and facilitate normal immune system…

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This widely used pesticide is messing up your hormones

The most widely used pesticides in the world may disrupt our hormones and adversely affect human health, a study has found. Neonicotinoids frequently make headlines because of their harmful effects on honeybees and other insect pollinators. Neonicotinoids act on insects’ nervous systems, killing them by paralysis. Very little research has been done on their effects on human health. The study, published in the journal Environmental Health Perspectives, shows that they may also have an impact on human health by disrupting our hormonal systems. “Endocrine disrupters are natural or synthetic molecules that…

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Soak up the sun. It can reduce risk of developing Multiple Sclerosis

People living in areas which receive more of the Sun’s rays are less likely to develop multiple sclerosis (MS) later in life, says a study. In MS, the immune system attacks the protective sheath that covers nerve fibres and causes communication problems between the brain and the rest of your body. Ultimately, the disease can cause the nerves themselves to deteriorate or become permanently damaged, according to the Mayo Clinic in the US. The findings published in the journal Neurology suggest that adequate exposure to the Sun in childhood and…

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