Tata Starbucks recorded a revenue of Rs 1087 crore in the financial year 2023, up 71 per cent from Rs 635.7 crore the previous financial year. The growth was recorded on the back of growth in the number of retail outlets during the fiscal year. Further, Starbucks’ revenue for the quarter grew 48 per cent […]
Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised Rs 1,440 crore from anchor investors.Nexus Select Trust will launch India’s first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all […]
Paytm shares recovered partly today after sinking 9% on Friday after the Chinese e-commerce giant Alibaba offloaded its entire holding in the online payments aggregator. Paytm shares rose 4.28% to Rs 678.00 on BSE in an otherwise negative market with Sensex and Nifty 50 falling half a percent. Alibaba offloaded 21,431,822 shares of Paytm’s parent […]
According to Cointelegraph, AI-powered phishing scams, BRC-20 exploits, and new smart contract vulnerabilities can pose a threat to crypto projects and investors in 2024. Sources revealed that Jesse Leclere, blockchain analyst, CertiK, warned Cointelegraph that scams will become more advanced and users should remain hyper-vigilant for well-executed exploits, added Cointelegraph. It is believed that Jenny […]
By Siddhant Mishra & Joydeep Ghosh Sundararaman Ramamurthy, who took charge as the the MD and CEO of BSE on Wednesday, faces some of the exchange’s usual challenges – a low market share of 10% in both the cash and derivative markets. Its inability to get more investors and traders has a trickle-down effect on […]
By Rahul Shah Equity benchmark BSE Sensex plummeted nearly 500 points (1%) while the Nifty dived below the 17,400-level (down 142 points or 1%) against the previous week, tracking heavy selling in global equities after US consumer inflation soared to a 40-year high in January, raising the prospects of faster-than-expected rate hikes by the Federal […]
Oil prices rose early on Wednesday, extending gains from the previous two days, as the dollar fell after Federal Reserve Chair Jerome Powell sounded less hawkish on interest rates than markets had expected and as U.S. crude stocks surprisingly fell. Brent crude futures inched up by 11 cents, or 0.1%, to $83.80 a barrel at […]
As 2023 comes to a close, skywatchers in India are gearing up for a breathtaking celestial event – the Cold Moon, also known as the longest and final full moon of the year. Set to grace the night sky on December 26, the Cold Moon derives its name from Native American and European traditions, signifying […]
Mutual funds inflow for the recently ended financial year 2022-23 jumped 7 per cent to reach Rs 40.05 lakh crore as against Rs 37.70 lakh crore in the previous fiscal. “This figure is testimony to the growing investing resilience of retail investors despite volatile markets,” said Aniruddha Bose, Chief Business Officer, FinEdge. Further, the data […]
A lot of happened in the healthcare sector this year. The year began with a major earthquake in Türkiye and Syria and it ended with the horrific war in Gaza. This year, the world also witnessed many other crises, conflicts, and the continuing threat of disease outbreaks and climate change. The world also witnessed some […]
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