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Stock market began the week in red as tensions in the Middle East continue to intensify and benchmark indices tumble over 0.2%. While NSE Nifty50 opened below 22,800, BSE Sensex tumbled over 300 points. Around 9:25 am Nifty50 traded at 22,666.90, down 46 points or 0.2%. The 30 share pack Sensex also slipped 197 points…
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MUMBAI: ICICI Prudential Asset Management Co that closed its blockbuster IPO on Tuesday, listed on Friday at 20% premium over its IPO price and closed the session as the most-valued fund house in India. The stock on BSE listed at Rs 2,606 compared to its IPO price of Rs 2,165. It closed the session at…
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Bengaluru: Cipla Foundation Wednesday announced a partnership with the Indian Institute of Science (IISc) to set up the Cipla Foundation Centre for Pulmonary Medicine at the Tata IISc Medical School. The facility will provide diagnostics, outpatient and inpatient care, a dedicated intensive care unit, and high-dependency services for the treatment of respiratory illnesses.The Centre for…
NEW DELHI: Apple’s India business is accelerating across categories, with the company reporting double-digit growth in iPhone, iPad and Mac during its latest quarter. Highlighting the momentum, CEO Tim Cook told analysts during the company’s earnings call that he is “over the moon excited about India,” indicating the market’s growing importance even as global demand…
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Prominent crypto venture capitalists are clashing online about whether non-financial use cases in crypto, Web3, and blockchain have failed due to a lack of investor demand and product-market fit or if the best days for non-financial applications still lay ahead. The debate started on Friday when Chris Dixon, a managing partner at venture capital firm…
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of New…
