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Byju's as well as Pharmeasy in its earnings presentation on Wednesday. Prosus had in November last year marked down Byju’s valuation to $5.9 billion, a far cry from the troubled edtech company’s peak valuation a few years ago at $22 billion. Prosus reported revenue at $2.6 billion for the first half of FY2024, a 118% jump over the corresponding year-earlier period, while registering growth across multiple businesses as well as in most of the startups that it is invested in India.

Rep. Andy Biggs, R-Ariz., weighs in as GOP lawmakers slam IRS dysfunction despite $60B more in funding over 10 years on 'The Evening Edit.'

₹53.41 crore from the maiden public offer which is entirely a fresh issue of 48.12 lakh shares. Graphisads IPO price band is ₹111 per share.

cotton farmers to the global level, it said on Wednesday. “We are trying to gradually raise the productivity of Indian cotton farmers from the average 450 kg per hectare to global levels of 1,500-2,200 kg per hectare,” said Rachna Shah, textile secretary. The evaluation of the study, which started last year and covers 15,000 farmers across ten major textile-producing states, will be available in January 2024. The ministry noted that it will be featuring more such innovations at the 81st Plenary Meeting of the International Cotton Advisory Committee (ICAC), which will be held in Mumbai from December 2-7. The ministry pointed out that the focus for the conference hosted by India, after nearly eight years, will be on local innovations and cutting-edge technologies which can have global implications for the cotton value chain. The ministry also plans to launch India’s premium cotton, “Kasturi cotton”, at the inter-governmental event featuring participants from 28 member countries and seven invitee countries. “ICAC will be a platform to present Kasturi cotton before the global audience.

Objkt.com is an NFT marketplace offering unique 1/1 artworks. It’s the chain’s number one dApp. The meme world moves fast - and that’s where Meme Moguls comes in Although Tezos and Axie Infinity are doing badly now.

Ripple (XRP) continues its upward trajectory, setting its sights on $1 next. Meanwhile, innovative projects continue to emerge from the crypto landscape, with the latest being Meme Moguls (MGLS). Continue reading to learn more about Ripple price prediction and this novel concept.

Algosone.ai is an up-and-coming new AI-based trading bot that uses natural language processing models and its own deep learning algorithms to offer a completely hands-off trading solution.

₹100 crore between the first and second seasons, Tenzing Niyogi, CEO of the league told Mint. The league is now gearing up for its second season, scheduled to commence this December in Odisha. Last week, Kho Kho Sports League Private Limited, the company behind UKK, successfully concluded a Series A funding round, raising an undisclosed amount from FinNest Sport, a UK-based entity owned by Biswanath Patnaik’s BNP Venture Capital Limited.

Tech Mahindra, HDFC Bank, Reliance Industries, among others lifted the market for the second consecutive session. The Nifty Midcap 100 index hit a record high, while Nifty 50 is now just 1% away from its all-time high of 20,222.45 hit on September 15. The BSE Sensex hit its all-time peak of 67,927.23 on the same day.

Samsung Galaxy A05 is priced at Rs. 9,999 for the 4GB RAM + 64GB storage variant and Rs. 12,499 for the 6GB RAM + 128GB storage model in India.

The most basic, and safe, returns on investments are those derived from liquid funds, or returns from fixed income funds that are of good credit quality. While asset classes such as equities provide better returns, there are ways that conservative investors can enhance their basic returns without taking too much of the incremental risk.

“Investing is akin to a game of cricket, where strategy and endurance are key. In this analogy, building a portfolio is like forming a cricket team,” Sonam Srivastava, smallcase manager and Founder, Wright Research. In an interview with ETMarkets, Srivastava said: “You need steady players like Virat Kohli, representing reliable, consistent investments such as blue-chip stocks or stable sectors. They are the backbone of your portfolio, ensuring steady growth and resilience during market fluctuations,” Edited excerpts: Samvat 2080 started on a positive note as the market picked up momentum. Where are markets headed? The commencement of Samvat 2080 on a positive note is indicative of a bullish sentiment in the Indian stock market. This optimism is rooted in several factors, including the expectations of FED rate cut and return of liquidity, progressive policy reforms by the government, and the resilience of major sectors like IT and healthcare. There is a definite resurgence of positive sentiments in the market.

Bitcoin climbed back above $38,000 on Tuesday amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline. The largest cryptocurrency by market value gained as much as 3.3% to $38,264 before trimming the increase. Bitcoin reached an 18-month high of $38,422 on Friday. Lower rates generally increase investors’ appetite for riskier assets such as digital tokens. “As rates reverse, investors will return to risk assets in search of better returns,” said Michael Safai, partner at quantitative trading firm Dexterity Capital. “This, coupled with the momentum that crypto has built in recent months with ETFs and putting FTX in the rear-view mirror, has traders feeling like the conditions for a new bull run are coming together.” Federal Reserve Governor Christopher Waller said he’s encouraged by a recent slowing of economic activity, which may indicate the central bank’s policy is tight enough. He made the comments as part of prepared remarks Tuesday for an event at the American Enterprise Institute in Washington.

Los Angeles — Production of 'The Late Show with Stephen Colbert' was cancelled this week as the top-rated U.S. late-night television host recovers from surgery for a ruptured appendix, the CBS program announced on Monday. The news came in a brief statement posted on the show's official feed on the social media platform Threads, presented as a message from Colbert himself in his signature tongue-in-cheek style, jokingly hinting at Thanksgiving over-indulgence. «Sorry to say that I have to cancel our shows this week.

Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge's ruling that a US regulator can seek to reduce the amount of money the social media company makes from users under 18. Judge Timothy Kelly of the US District Court for the District of Columbia denied a motion filed by Meta on Monday for the court to hear the dispute with the Federal Trade Commission (FTC).

WWE crushed its social media record over the Thanksgiving holiday weekend, with the return of wrestler CM Punk at Survivor Series garnering more than 71 million views across all of the sports entertainment company’s platforms

TCS: The ₹17,000 crore-share buyback programme of India’s top software services exporter Tata Consultancy Services (TCS) will open on 1 December. The buyback, where investors can sell to the company their shares at an offer price of ₹4,150 apiece, will close on 7 December, TCS said in a regulatory filing on Tuesday. The IT bellwether aims to repurchase up to 40.9 million shares (1.12% of the total equity share capital) at ₹4,150 apiece in a buyback valued at ₹17,000 crore.

Warren Buffett's longtime friend and business partner, Charlie Munger passed away on Tuesday, November 28, at the age of 99, according to his employer, leading to many investors expressing their grief on social media platform X. Berkshire Hathaway, where Munger worked for decades as vice chairman under Buffett, confirmed it was "advised by members of Charlie Munger's family that he peacefully died this morning at a California hospital," as reported by AFP. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Warren Buffett said in a statement, according to AFP.

Over a dozen asset managers have applied to launch a Bitcoin spot ETF in the United States this year – and Coinbase is poised to serve as custodian for virtually all of them.

Peer-to-peer lending, which has mostly remained confined to the margins of the financial services sector, has reported strong growth in the last financial year. According to their regulatory filings, a bunch of P2P lending companies more than doubled their revenue in fiscal 2023 from the previous year. According to industry insiders, P2P lenders finally seem to have found a steady business model through partnerships with large consumer-facing applications.

ecommerce ecosystem is estimated to have posted about 23% increase in sales over the Black Friday weekend compared to last year’s Black Friday weekend with fashion and beauty products ‘dominating’ sales, according to ecommerce enablement platform Unicommerce. Websites run by individual brands saw order volumes rising by 28% during the weekend while marketplaces saw their order volumes expand 19%, Unicommerce data showed. “While during the Diwali festive sales, marketplace growth outpaced D2C (direct-to-consumer) brands, the trend was reversed during the Black Friday weekend,” it said in a statement.