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Bitcoin has bounced back above $95,000 following significant volatility over the past four trading sessions. The cryptocurrency hit an intraday low of $90,770 on Wednesday but has since rallied, driven by positive developments in the U.S. regulatory landscape and favorable market sentiment. As of 12:19 PM, Bitcoin was trading 2.6% higher at $95,550, while Ethereum, the second-largest cryptocurrency, surged 4.9% to $3,596.

Online gaming company Nazara Technologies has raised Rs 855 crore (around $100 million) through a preferential issue of over 89 lakh fully paid equity shares to a group of investors. The funding was led by SBI Mutual Fund, which invested Rs 220 crore, with participation from notable investors such as Junomoneta Finsol (an associate of Plutus Wealth), Think Investments, Discovery Investments, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing, Ratnabali Investments, and Aamara Capital. The fundraising, approved by Nazara’s board in September, increased the company’s paid-up equity share capital from Rs 30.6 crore to Rs 34.2 crore.

urban demand slump, Marico CEO Saugata Gupta has a sunny forecast to make, ToI reported on November 28. Urban consumer spending will rebound after a brief decline, Gupta told the Times of India's Asmita Dey. According to Gupta, high food prices driven by food inflation are causing a temporary dip in urban demand for packaged consumer goods. He expects this trend to reverse in the next one or two quarters as food inflation stabilises. «Whenever there are bouts of high food inflation, people tend to titrate or downgrade on FMCG consumption. That's what we are witnessing but this will smoothen out soon. In a quarter or two, things should be much better with respect to urban consumption as we expect inflation to stabilise soon,» Gupta told the newspaper.

Mark Zuckerberg met Wednesday with President-elect Donald Trump in a rare face-to-face encounter, the latest attempt by the Meta CEO to establish a positive rapport with Trump. The meeting, confirmed by three people with knowledge of the matter, was initiated by Zuckerberg, who has had a strained relationship with Trump over the past decade. Trump, who has long maintained that Meta has unfairly restrained him and other conservatives across its social media apps, has lobbed broadsides against Zuckerberg on social media and during stump speeches. Zuckerberg flew in to West Palm Beach, Florida, on Tuesday evening before joining Trump at his hotel and club, Mar-a-Lago, on Wednesday, according to the people, who spoke on the condition of anonymity because they were not authorised to discuss the meeting. The two men largely exchanged pleasantries, with Zuckerberg congratulating Trump on winning the presidency.

Subscribe to enjoy similar stories. Doug Burgum, Chris Wright, Linda McMahon and Brendan CarrVivek Ramaswamy and Elon MuskMarco Rubio and Mike WaltzTulsi Gabbard and Pete HegsethLori Chavez-DeRemerRobert F. Kennedy Jr.

Authorities in Mali have arrested four senior employees of a Canadian mining company as the military regime in the West African nation continues to detain workers to pressure companies in its crucial mining sector to pay millions in additional taxes

Scott O'Neil is set to become the next CEO of Saudi-funded LIV Golf

National Tree Company CEO Chris Butler joins 'Cavuto: Coast to Coast' to discuss holiday sales forecasts and artificial Christmas trees.

Elon Musk's mother, Maye Musk, recently shared insights into the unique dynamic between her son and President-elect Donald Trump. In an appearance on Fox Business' Varney & Co., she discussed the close bond they share, revealing some surprising details about their interactions and their shared vision for America’s future.

Vodafone Idea (Vi) will be the main beneficiary of the bank guarantees (BG) waiver cleared by the Cabinet, and the move will hasten the telco’s pending Rs 25,000 crore debt raise, analysts said. Earlier this month, Vi’s CEO Akshaya Moondra had said that the telco’s lenders wanted clarity from the government on any potential relief on the company’s substantial AGR (adjusted gross revenue) dues as well as prospects of a waiver of BGs before lending. “Vi is the biggest beneficiary of the reported BG waiver. One impediment to the debt raise is now behind,” Axis Capital said in a research note seen by ET.

SBI Funds Management has announced the appointment of Nand Kishore as Managing Director and Chief Executive Officer. Nand Kishore, Deputy Managing Director of State Bank of India, takes over as the Managing Director and Chief Executive Officer of SBI Funds Management from Shamsher Singh. Prior to his current deputation at SBIFM, Kishore served as Deputy Managing Director (Global Markets) at SBI’s Corporate Centre in Mumbai, where he oversaw the bank’s treasury operations.

Brazilian beef is headed back to the shelves of Carrefour-owned grocery stores after a brief boycott sparked by remarks from the French company’s chief executive about nations in the South America trade bloc Mercosur

Subscribe to enjoy similar stories. Officials of Life Insurance Corp. of India (LIC) informed executives of Zee Entertainment Enterprises Ltd at a shareholder outreach programme that they would not back another five-year term for Punit Goenka as managing director, three people aware of the matter said.

Subscribe to enjoy similar stories. Wipro Ltd has named a new Europe head as the software services provider looks to revive business in this second biggest market. On Monday evening, India’s fourth largest software services company appointed Omkar Nisal as the chief executive of its Europe business.

Subscribe to enjoy similar stories. Zepto is well on its way to touch annualized sales of $3 billion in the next month or two, Aadit Palicha, Zepto co-founder and chief executive, told Mint, underscoring the firm’s potential for rapid growth that has attracted investors from around the world. Zepto’s dark stores are turning profitable at a faster pace as the firm is adding newer categories with a higher average order value, which is adding to its bottom line.

The head of one of Canada’s largest banks says newcomers need support from all corners as “people are turning a little sour” on immigration.

Nithin Kamath has proposed a novel idea: linking air and water quality to property rates. Such a correlation-and how this approach could extend the sense of ownership beyond individual properties to neighbourhoods-would actually nudge homeowners and communities to prioritise clean air policies and act against pollution. The Zerodha CEO shared data highlighting the impact of air pollution on public health, also pointing out that while Delhi garners most attention, poor air quality plagues many cities. Kamath's proposal draws inspiration from a long-standing argument made by many economists and environmentalists: to make people value nature and protect it, they must pay for the services it provides, and a nation's progress must account for its natural capital base.

Small business owners have had a mostly positive reaction to a judge’s decision to strike down an overtime rule that would have qualified more workers for overtime pay

Best Buy on Tuesday reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials

Business and political leaders in Canada say there will be pain if Donald Trump follows through on his pledge to impose a 25 per cent tariff on all Canadian goods, but they note the hurt will happen in his country as well.

Subscribe to enjoy similar stories. Initial public offerings in India are getting bigger, with their average size increasing to almost ₹2,000 crore so far in 2024, more than doubling from the average in 2023, said S Ramesh, managing director and CEO of Kotak Investment Banking. With more large firms and new-age companies looking to list over the next two years, the average IPO size is likely to go up further, Ramesh said.