GBA Capital, a Chinese venture capital (VC) firm, announced a $10-billion pledge to establish a Web3.0 fund. It is believed the announcement was made on December 26, 2023, during the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference, stated Cointelegraph. Sources revealed that the GBA Capital Web3.0 fund will invest in startups focusing on […]
Amid growing concerns over deepfakes, the government has directed all platforms to comply with IT rules, as companies have been mandated to inform users in clear terms about prohibited content, and cautioned that violations will attract legal consequences. IT Ministry will closely observe the compliance of intermediaries (social media and digital platforms) in the coming […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark equity indices, managed to close the weekly F&O expiry day’s session in the green territory. The BSE Sensex rose 44.42 pts or 0.07% to 61,319.51 and NSE Nifty 50 advanced 20.00 pts or 0.11% to 18,035.85. The top gainers on Nifty were ONGC, […]
Blackstone-backed Nexus Select Trust REIT has set the price band for its Rs 3,200-crore IPO at Rs 95-100 per unit. The public issue will open for subscription on 9 May; it comprises a fresh issue of units up to Rs 1,400 crore and an offer for sale (OFS) component with unitholders offloading units up to […]
Sensex and Nifty may inch closer to their all-time highs by the end of this year, said Sandeep Bhardwaj, CEO, Retail, IIFL Securities in an interview with Kshitij Bhargava of FinancialExpress.com. He said that with the recent correction in the stock market, Dalal Street looks very attractive considering the long-term growth opportunity. He shared views […]
By Siddhant Mishra Equities witnessed volatile trade on Thursday, starting off on a strong note and shedding early gains on account of the commentary from the Fed, which continues to maintain its hawkish stance despite agreeing to lower the pace of rate hikes. Also read: New pension scheme with assured returns by May-June Financials and […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity indices ended Monday’s session in green. The Nifty closed above 18,100 while the Sensex settled below 60,950. The NSE Nifty 50 rose 90.90 pts or 0.50% to 18,118.55 and the 30-share BSE Sensex advanced 319.90 pts or 0.53% at 60,941.67. The top Nifty […]
Markets regulator Sebi has barred three entities from accessing the securities market in relation to a fake Telegram channel that was used to give stock-specific recommendations to subscribers. It has imposed a penalty of twice the amount made in unlawful gains — Rs 5.68 crore — on three entities, and Rs 5 lakh on the […]
The Bharatiya Janata Party’s Maharashtra unit had initially slated the Mumbai Trans Harbour Link (MTHL), India’s longest sea bridge, for a December 25 public opening. However, with around 97% completion, recent updates suggest a potential delay in inauguration until January 2024. Initially set for December 25, the bridge’s inauguration aimed to alleviate peak-hour travel by […]
Adani Enterprises shares surged 25% today, touching an intraday high of Rs 1965.50 on BSE after a freefall of 54% over the last eight trading sessions in the aftermath of the Hindenburg Research report, which accused the Adani group of manipulating stocks and money laundering. The other shares of the Adani group companies too were […]