Bizz

On Monday, Bitcoin, the world's biggest cryptocurrency, reached $41,522, marking its highest value since April 2022. This positive trend appears to break away from the gloom that had affected crypto markets following the collapse of FTX and other crypto businesses in 2022.

Tata Technologies had a strong stock market debut on November 30, marking the best listing of 2023. The shares opened at Rs 1,200, a 140 percent premium over the issue price of Rs 500. This marked Tata Group's first IPO in almost 20 years, and it gained significant attention, being oversubscribed more than 69 times during the bidding period.

After a record-breaking performance in last week's IPO, the focus now shifts to the allocation of shares for the listing of Tata Technologies. The IPO has garnered 50.6 lakh applications on its public issue, marking a new record.

SEBI has ordered Mohammad Nasiruddin Ansari, the owner of "Baap of Chart" on social media, to deposit approximately Rs 17.21 crore in an escrow account.

Following the surprise Hamas attack on Israel and Israel's subsequent offensive, this weekend, the precious metals market in India displayed mixed trends today (October 10). As the conflict in West Asia escalates, it has had ripple effects beyond the financial markets.

UAE-based entrepreneur Murari Lal Jalan and UK-based asset management firm Kalrock infused Rs 100 crore into financially crippled Jet Airways as part of the process to take over the airline.

The National Payments Corporation of India (NPCI), on Friday, took to X (formerly Twitter) to break the news, saying, "It's 10 billion+ transactions in August 23! Make seamless payments from your mobile in real-time with UPI."

Subway is selling itself to private equity firm Roark Capital after nearly 60 years of family ownership. The very private owners and heirs of the American fast food chain are about to feast on a footlong fortune coming their way all in cash.

Zomato, the perpetually loss-making company, has made its first-ever net profit for the April-June quarter. Zomato recorded a net profit of Rs 2 crore after tax for the quarter ending in June 2023, compared to a loss of Rs 186 crore in the year before.

If all goes as planned, Indians may soon have the opportunity to purchase Tesla electric vehicles manufactured within the country. Elon Musk's renowned EV company, Tesla, is reportedly engaging in discussions with the Indian government to establish a factory for the production of EV cars in India.