Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin and $300 million in cash to its balance sheet. The company sold about 2.7 million shares of MSTR, according to a Monday morning filing, raising $335.5 million. About $35 million of…
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Atleast 12 feared dead after fire engulfs coaching centre-cum gaming zone NEW DELHI: Several young students have been killed after massive fire broke out at a coaching-cum-gaming zone in Lucknow’s Aliganj area on Monday, while several others are reported to have suffered injuries.Fourteen fire tenders, including a hydraulic platform vehicle, were pressed into service after…
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Which are top 10 gainers and losers on NSE & BSE today? Benchmark equity indices bounced back on Monday, with the Sensex rising 291 points and the Nifty reclaiming the 24,100 mark, supported by falling crude oil prices, fresh foreign fund inflows and optimism surrounding diplomatic progress in US-Iran negotiations.The 30-share BSE Sensex gained 291.17…
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Alan Greenspan, the longtime Federal Reserve chairman known as “the Maestro” who became one of the most influential economic policymakers of his era and famously warned of “irrational exuberance,” has died. He was 100. The influential economist died Monday from complications of Parkinson’s Disease, said his wife of 29 years, Andrea Mitchell, the chief Washington…
The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP). India’s infrastructure sector growth slowed to 0.5% in May from…
