Category: Business

Recent filings indicate that Fidelity has once again increased the valuation of its investments in X and xAI. This marks the second consecutive month in which the valuations of these two companies, both under the control of Elon Musk, have risen. Additionally, xAI has recently secured $6 billion in new funding, with Fidelity among the… Continue reading Fidelity has further increased the valuation of Elon Musk’s X and xAI.

Slovakia’s gas importing company has announced that Gazprom has ceased gas deliveries, but it has alternative sources available. SPP announced in a statement that it had made preparations for this scenario and would continue to provide all its customers through alternative routes, primarily utilizing pipelines from Germany and Hungary. However, it noted that this would… Continue reading Russian Energy giant Gazprom stopped gas shipments | Slovakia Gas importer’s Statement

Explore three overlooked cryptocurrencies that are priced lower than a cup of coffee yet possess the potential for substantial returns. These digital assets may emerge as significant players in the market. Identify which tokens could yield remarkable profits and the reasons they are positioned for considerable growth. Excel in the Market with XYZ: The Future… Continue reading 3 Cryptocurrencies that are Ready for 2000% ROI! Cost you less than a Coffee | Explore how?

Representatives from industry organizations advocated for a reduction in personal income tax rates to enhance the disposable income of the middle class. New Delhi: During their traditional pre-Budget meeting with the Finance Minister on Monday, representatives from industry organizations called for a decrease in personal income tax rates to boost the disposable income of the… Continue reading Pre-budget Meeting | India Inc Advocates for Reduction in Income Tax Rates

N Srinivasan has resigned from his positions as vice chairman and managing director following the completion of the transaction, which has resulted in the existing promoters losing control over the company. N Srinivasan, the chief executive officer (CEO) and managing director (MD) of India Cements, along with other members of the board, submitted their resignations… Continue reading MD of India Cements, N Srinivasan resigns as CEO, after CCI ₹7,000-crore UltraTech deal

Zomato has officially replaced JSW Steel in the 30-share SENSEX index as of Monday. This change is part of the recent reconstitution conducted by Asia Index Pvt Ltd, a subsidiary of the Bombay Stock Exchange (BSE). On the same day, Zomato’s shares experienced a decline, trading in negative territory as they made their debut on… Continue reading Zomato Share Price Declined 3% | After joining 30-share benchmark SENSEX Index

US Fed has reduced its key interest rates by 0.25%, resulting in significant decline in stock prices.

The Indian IT services sector is anticipated to achieve revenue growth in the mid-single digits for the financial year 2024-2025 (FY25), as indicated by a report from Icra. According to the report, the sector is projected to experience growth between 4 and 6 percent, which is an improvement over the low-single digit growth of 3.8… Continue reading ICRA Report indicates that Indian IT sector is projected to grow in mid-single digits for FY2025.

This technology firm has ceased the recruitment of human workers, as the CEO asserts that artificial intelligence (AI) can accomplish nearly all functions typically performed by human staff in the workplace. Klarna, a well-known fintech organization, is garnering attention following remarks from its CEO, Sebastian Siemiatkowski, who stated that AI is now able to execute… Continue reading This Fintech has ceased recruiting human employees, as the CEO asserts that AI is capable of performing nearly all tasks