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    Gautam Adani is Worth $81B, Becomes 2nd Richest Indian-Asian

    Gautam Adani is the second-richest Indian and Asian with a total worth of $81 billion, after Mukesh Ambani, Reliance Industries Ltd. Globally, there were 3,381 billionaires in the world, up 153 from a year ago according to a report released by M3M Harun Global Rich List. The report revealed that despite Russia-Ukraine war and continued covid-19 impact, the total wealth of global billionaires rose 4%...

    Paytm Share Price Big Crash Gives Investors Heartache

    Paytm share price took a deep dive on Monday, giving shareholders, investors a heartache. The Shares fell over 12 per cent to an all-time low of Rs 672 apiece on the BSE Sensex. Shares of One97 Communications, the parent company of Paytm, crashed after the Reserve Bank of India (RBI) last week barred Paytm Payments Bank from taking on new customers and ordered a...

    Gujarat New Rs.500 Fund to Expand Green Cover Through Startups

    Gujarat's climate change department has just committed INR 500 crore for climate action startups over the next five years in order to cut carbon emissions and boost green cover in the state. Principal secretary of climate change department S J Haider said, “Under the Student Startup Innovation Policy 2.0 (SSIP 2.0), we have kept provision of INR 300 Cr for the startups plus another INR...

    Rana Daggubati’s Ikonz Gets Bezos, Mark, Gates Backed Village Global Funding

    IKONZ which aims to Bring Culture's Biggest Icons & Iconic IP into the Metaverse through NFTs has secured funds from Mark Zuckerberg (Founder Facebook/Meta), Bill Gates (Founder Microsoft), Jeff Bezos (Amazon)- backed village global. Founded in August 2021 by Indian American entrepreneur Abinav Kalidindi and ace actor entrepreneur Rana Daggubati, Ikonz is a wealth-building platform that aims to help IP owners, artists, and other established...

    TCS Share Buyback Offer: Tata Sons, TICL Headed for a Big ₹12,993 Cr Gain

    IT Giant TCS Share Buyback Offer will create some buzz in the stock market tomorrow. Tata Consultancy Services (TCS) has revealed the dates of mega ₹18,000 crore buyback and the offer will open on 9 March. The big gainer in this buy back offer is Tata Sons and TICL who are anticipated to gain around Rs. 12,993 Cr. On Friday, TCS shares closed 0.69%...

    Russia in War With Ukraine, Sensex Goes Down 2700 Points

    The Russia Ukraine War has resulted in Sensex tank 2700 points today. The topline equity indices on BSE and National Stock Exchange (NSE) fell for the seventh consecutive session, diving over 4.7 per cent lower on Thursday following their global markets which crashed after Russia announced military operations in eastern Ukraine. Earlier in the day, Russian President Vladimir Putin announced a military operation and warned...

    IvyCap New INR 1608Cr Fund to Benefit Series A firms in a Big Way

    IvyCap Venture capital fund currently manages assets worth $425 million (Rs 3,200 crore) has declared the first close of its Fund 3 at $214 million (Rs 1,608 crore). Two-thirds of Fund 3 has been secured from its existing investors, a few fresh institutional investors including banks, insurance companies and government departments have also participated. In addition, for the first time, IvyCap has also raised...

    IndiGo Spat, Rakesh Gangwal Quits from the Airlines Board

    IndiGo Spat has led to its co-founder Rakesh Gangwal on Friday exiting from the board of InterGlobe Aviation with immediate effect. He was InterGlobe non-executive, non-independent director. Rakesh plans to minimise his stake in the airline over the next five years, IndiGo’s parent company InterGlobe Aviation said in an exchange filing on Friday. On February 4, InterGlobe Aviation announced the appointment of co-founder Rahul Bhatia...

    ShareChat and MX Player Merge to Create the Largest Short-Video Platform

    ShareChat and MX Player,  have agreed to "strategically merge" their short video applications Moj and MX TakaTak, the two companies announced Thursday, in a deal that they claim will create India's largest short-video platform. MX Media, the parent company of MX Player and MX TakaTak, and its owners will become strategic shareholders in ShareChat's parent company, Mohalla Tech. In a joint statement, MX Media and ShareChat...

    Sensex, Nifty Crash Big Time, PSU Banks Lone Survivor

    Sensex gave a shock to investors today, taking a deep dive southwards. While Sensex ends 1,024 pts lower, Nifty shaved down to 17,250. Markets witnessed a sharp sell-off and investors cut their exposure in financial and banking stocks ahead of the RBI credit policy to be announced later this week. There are expectations that the RBI may tinker with policy rates given the worries of...

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