Squid Game turned out to be a scam, after all. I am not talking about the blockbuster Netflix show that had the world hooked to it for weeks. I am referring to the eponymous cryptocurrency inspired by the series. The Squid cryptocurrency collapsed on Monday, but the hucksters who leveraged the popularity of the show…
Indian shares snapped three consecutive sessions of losses to open higher on Friday, with investors focused on a slew of earnings results, including energy-to-telecom giant Reliance Industries which is slated to be out later in the day. The blue-chip NSE Nifty 50 index was up 0.37% at 18,246.10 by 9:15 am, and the…
Indian shares rose on Tuesday to hit another record high, led by gains in information technology and financial stocks, with investors betting on strong corporate earnings for the September quarter. The NSE Nifty 50 index was up 0.5% at 18,571, while the S&P BSE Sensex rose 0.63% to 62,156.48 by 9:25 am. The Nifty…
A theft was reported at a bungalow owned by Pune-based developer DS Kulkarni, who along with his several family members and associates are facing prosecution for cheating thousands of investors of the DSK Group. The bungalow, on Senapati Bapat Road, is currently under attachment by the Enforcement Directorate (ED)…
Indian shares surged early on Thursday, driven by a near 10% gain in Titan Company after it indicated a strong recovery in demand in the second quarter, while Reliance Industries rose after its retail arm said it would launch 7-Eleven stores in India. The NSE Nifty 50 index rose 0.97% to 17,818.40, while the S&P…
The initial public offering (IPO) of Aditya Birla Sun Life AMC opened for subscription on Wednesday, and it has already received a strong response from investors. The bidding process will continue for three days till October 1. The non-bank affiliated asset management company plans to raise around Rs 2,768 crore from…
Indian shares edged up in early trade on Thursday to hover near record highs, led by metal and banking stocks, as investors overlooked signs of a slightly hawkish tilt by the U.S. Federal Reserve overnight. The blue-chip NSE Nifty 50 index was up 0.65% to 17,661.45 by 9:16 am, and the benchmark S&P BSE Sensex rose…
Indian shares opened lower on Monday after four straight weeks of gains, weighed down by metal and auto stocks, while investors waited for cues from the U.S. Federal Reserve on its pandemic-era stimulus measures. The blue-chip NSE Nifty 50 index was down 0.3% to 17,526.9 by 9:31 am, and the benchmark S&P BSE Sensex…
Cryptocurrency prices weakened marginally over the past 24 hours, but the momentum remains strong at the moment and investors are expected to end the week with decent trading gains. Bitcoin, the world’s most popular cryptocurrency, was trading marginally higher than its value 24 hours ago, but its valuation has…
Vijaya Diagnostic Centre’s initial public offering (IPO) opened for subscription on Wednesday. Investors will be able to subscribe to the public issue of the fast-growing diagnostic chain for three days as the public issue closes on Friday. Vijaya Diagnostic Centre’s Rs 1,895 crore IPO is entirely an…