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<strong>Trading in stocks: New account settlement rule effective today. What alters?</strong>-thumnail

Trading in stocks: New account settlement rule effective today. What alters?

According to Sebi, the circular was released to safeguard the interests of stockholders, encourage the growth of the securities markets, and regulate them. Every month on the first Friday, as

Finance

Oct 7, 2022

<strong>Early stage venture capital firm SphitiCap launches its maiden $500 Mn.</strong>-thumnail

Early stage venture capital firm SphitiCap launches its maiden $500 Mn.

Founded in 2022 by venture capitalists Pallav Kumar Singh and Mayank Mehra, SphitiCap is India-centered and will invest in firms from the seed stage to Series A with an average

Investment & Funding

Oct 6, 2022

Miko, an obotics firm, has acquired a 70% share in Square Off and expects to generate $100 million in sales by next year-thumnail

Miko, an obotics firm, has acquired a 70% share in Square Off and expects to generate $100 million in sales by next year

Miko’s cofounder and CEO, Sneh Vaswani, stated that the purchase is a natural fit for two firms that share a love for robotics and learning. According to a release, the

Investment & Funding

Oct 6, 2022

In the stock market, Ajay Lokhatia lost 80 lakh. How he eventually created a company with 10 million users-thumnail

In the stock market, Ajay Lokhatia lost 80 lakh. How he eventually created a company with 10 million users

Ajay Lakhotia chose to learn how the market functions in order to recoup his losses rather than avoid them. Ajay Lakhotia was one of many people who had a poor

Finance

Oct 4, 2022

Crypto-native banking platform Juno raises $18Mn in fresh funding-thumnail

Crypto-native banking platform Juno raises $18Mn in fresh funding

Juno said it plans to use the funds to expand its digital banking products and launch a tokenized loyalty program, backed by its native ERC20 token, JCOIN. Bengaluru-based crypto-native banking

Digital Transformation

Oct 3, 2022

InvIT to raise Rs 2,000 crore from investors to acquire road assets from NHAI-thumnail

InvIT to raise Rs 2,000 crore from investors to acquire road assets from NHAI

InVIT was set up by the NHAI to monetize its assets and raise funds to build highways. NHAI has raised Rs 6,000 crore through its InVIT, in which CPP Investments

Investment & Funding

Sep 29, 2022

French energy giant TotalEnergies SE to sell a small part of its 20% stake in Adani green-thumnail

French energy giant TotalEnergies SE to sell a small part of its 20% stake in Adani green

The French energy giant bought 20% of Adani Green in 2021 for $2 billion, building on a series of previous deals with Indian billionaire Gautam Adani. That stake was worth

Industry

Sep 29, 2022

Gebbia, a millionaire co-founder of Airbnb, joins the Tesla board-thumnail

Gebbia, a millionaire co-founder of Airbnb, joins the Tesla board

In July, Airbnb co-founder Joseph Gebbia left his full-time position there and joined Tesla’s board. The co-founder of Airbnb Inc., Joseph Gebbia, joined the board of directors of Tesla Inc.

Industry

Sep 29, 2022

PSU stock granted bonus shares four times over the course of 21 years, totaling 1.12 crore -thumnail

PSU stock granted bonus shares four times over the course of 21 years, totaling 1.12 crore 

In 21 years, 1 lakh has increased by more than 100 times to 1.12 crore thanks to PSU stock giving bonus shares four times. Bonus shares were issued by IOCL

Finance

Sep 29, 2022

Financial Companies to adapt Artificial Intelligence & Machine Learning to reduce costs: KPMG-thumnail

Financial Companies to adapt Artificial Intelligence & Machine Learning to reduce costs: KPMG

With enhanced customer service and mounting cost pressures, financial services institutions are looking at Artificial Intelligence (AI) and Machine Learning (ML) to improve cost and operational efficiencies while mitigating business

AI

Sep 26, 2022

Fable Street Lifestyle raises Rs 50 crore-thumnail

Fable Street Lifestyle raises Rs 50 crore

Business-to-consumer firm Fable Street Lifestyle Solutions Pvt Ltd has been boosted by Rs 50 crore in a pre-series B funding round led by its existing investor, Fireside Ventures. Startup founders

Finance

Sep 24, 2022

Barclays Sued by Investors Over Multibillion Securities Blunder-thumnail

Barclays Sued by Investors Over Multibillion Securities Blunder

Barclays Plc was prosecuted by shareholders who acknowledge and withstood their substantial losses after the British lender disclosed paperwork errors. The complaint cited Nigel Higgins, chairman of Barclays, saying that

Investment & Funding

Sep 24, 2022


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