Recently, Amazon came out with quarterly results and the promising number pushed its shares price higher by a whopping 17%. This soared the founder Jeff Bezos’ wealth. If the stock price rises by the same percentage again, it would be its biggest percentage gain since 2009 and give Jeff Bezos’ wealth a boost of $20 …
Meta, as it has been called, is spending substantially on its future “metaverse” project, although advertising revenue accounts for virtually all of its revenue for the time being. So when it reported dramatically increased expenses but a lackluster sales projection late Wednesday, investors were alarmed — and the business once known as Facebook’s value was …
The impact of the new Covid-19 variant, Omicron, may reportedly be not as severe on the country’s economy, according to the latest economic review from the government. The report notes that although it does pose some risk to the current recovery on the global scale, its impact may not be as adverse on India’s economy …
After a rough 2020, the world got worse. It only got worse. In the wake of the COVID-19 scandal, India’s healthcare system was brought to its knees. The country was also hit by the worst riots in its recent history. Despite the volatility, the Nifty50 is up more than 21 percent so far this year. …
The Ministry of Finance (MoF) recently communicated about their plan to raise funds via another round of Bharat Bond ETF in the next month before the calendar year 2021 ends. The final amount has not been fixed as per the officials but they added that the number can go above Rs. 100 billion. Looking at …
An Overview The Indian Energy Exchange (IEX) informed stock exchanges this week that the firm has marked the 6th of December as the record date for accessing whether shareholders are liable for bonus equity share issuance. The company’s top management has proposed a bonus issuance of equity shares in a 2:1 ratio, adhering to stockholder …
Shares of Latent View Analytics, the data analytics firm, have more than doubled ever since their debut on the stock exchanges. This company’s stocks surged to a high of Rs. 531 in comparison to the issue price of Rs. 197. To know more details regarding the same, take a look below. Key Highlights of Latent …
Paytm had a stellar debut in its IPO this year, which this company’s CEO expected would rival Coal India’s in 2010. One97Communications Ltd. raised around USD 2.5 billion in the Paytm IPO. The initial public offer opened for subscription on 8 November 2021 and closed on 10 November 2021. The price band of that IPO …
Paytm’s dismal listing and continued insufficiency in the stock market has weakened investor sentiments for its rival MobiKwik. According to analysts, the flop performance of Paytm will most likely affect the initial share sale of MobiKwik. Here are more details on this topic. What’s the Speculation All About? During the initial nine months of 2021, …
An Overview Foreign institutional investors (FIIs) have been selling in India this fiscal year, with an outflow of over Rs 17,900 crore in the equities cash market in November, bringing the segment’s net outflow to about Rs 87,000 crore since April. This is despite the fact that the Nifty50 has gained over 18% since April …
