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Multibagger IPO: Investing in initial public offerings (IPOs) is like investing in business. Hence, if an investor is conviced about the business model and sutained returns of the company, then one should hold the stock as long as one can, proided he or she get the share allotted during allotment process. This would not only help the allottee to reap listing gains but further benefit on post-listing gains.

inaugural rocket launch, Reuters reported. Agnikul, is named after the Hindi and Sanskrit term for fire. CEO Srinath Ravichandran attributed increased credibility brought on by India's successful Chanrayaan-3 mission for positively impacting the start-up's funding outlook, it said.

Va Tech Wabag rose sharply in Tuesday's session, gaining 11% to hit a six-week high of ₹495 apiece. This surge followed an announcement by the company that it has entered into a partnership with Pani Energy Inc. (Pani) to implement applied AI solutions for treatment plants.

Bitcoin gave traders a glimpse into the possible impact of a looming US Securities & Exchange Commission decision on whether to allow exchange-traded funds that invest directly in the token. An erroneous report that BlackRock Inc. had won approval to launch a spot ETF rapidly sent the largest digital asset to $30,002 on Monday, the highest price since March. The move cooled after the world’s biggest money manager said its application remains under review, leaving Bitcoin 4.4% higher for Oct. 16. BlackRock is among about a dozen firms seeking to offer the first US spot Bitcoin ETFs amid expectations that the SEC may soon end its opposition to the products. Optimists argue such funds will help spur wider crypto adoption. “This was like a dry run for what’s going to happen if these things actually do get approved,” Bloomberg Intelligence ETF analyst James Seyffart said. “It basically gave traders a playbook.”

India on Tuesday in a 3:2 majority held that the law does not recognise the right to marry or have civil union for same-sex couples while saying that it is up to the Parliament to make law for it. The bench differed on certain aspects, especially on the applicability of adoption rules for queer couples. «It lies within the domain of parliament and state legislatures to determine the law on marriage,» CJI Chandrachud said during his verdict. This decision could've turned India into the most populous country in the world to extend marriage rights to the LGBTQ community. A five-judge bench of the SC headed by Chief Justice DY Chandrachud heard arguments in the case between April and May and reserved its order on May 11. The apex court decriminalised homosexuality in 2018 and scrapped a colonial-era ban on gay sex. It also expanded the legal definition of a family to include same-sex couples last year.

LinkedIn said Monday it is laying off hundreds of workers

India is a huge exporter of services, and growing rapidly. The estimated value of services export for 2022-2023 was $323 billion, up from $254 billion in 2021-22, according to data from the commerce ministry. This includes the income of agencies, consultants, gig workers, exporters and other freelancers who serve overseas clients. If you are an exporter, a freelancer or regularly receive payments from overseas, you would know how much it hurts to pay exorbitant and opaque fees to banks and payment platforms. When receiving payment for your services in foreign currency, processing charges can range from 2% to 10% of the transaction amount. Since the break-up is usually undisclosed and borne by the recipient, these charges cut into your income. Therefore, it is important to clearly understand the common hidden charges.

Brussels on Monday night, and a man who identified himself as a member of the Islamic State claimed responsibility in a video posted online. The suspected assailant fled the scene after the shooting as a football match between Belgium and Sweden was about to start, triggering a massive manhunt and prompting Belgium to raise its terror alert to the highest level. A Belgian federal prosecutor said there was no evidence that the attacker, who was still on the loose, had any link to the recent renewed conflict between Israel and Palestinian militants. The likely motive for the attack was the Swedish nationality of the victims, the prosecutor said. Sweden in August raised its terror alert to the second-highest level, warning of an increase in threats against Swedish interests abroad, after Koran burnings and other acts in Sweden against Islam's holiest text outraged Muslims and triggered threats from jihadists. The suspected assailant, calling himself Abdesalem Al Guilani, claimed in a video on social media that he was a fighter for Allah. The federal prosecutor said the third victim, who was wounded but whose condition was not in life-threatening, was a taxi driver.

Binance will temporarily shut its doors to new customers in the UK. This follows a restriction on the exchange's operating partner in the UK by the Financial Conduct Authority (FCA). 

Bitcoin's price briefly rose more than 5% to nearly $30,000 early Monday after an erroneous report that investment firm giant BlackRock's bitcoin spot exchange-traded fund (ETF) had received approval from the U.S. Securities and Exchange Commission (SEC).

Crypto yields platform Haru Invest has revealed plans to suspend its server as a cost-saving measure amid a fallout with one of its service partners. 

Masters of the Air, which is based on Donald L. Miller's book. It features a talented ensemble cast. The iconic trio of executive producers, Tom Hanks, Steven Spielberg, and Gary Goetzman, known for their previous masterpieces, is set to create another epic.

Australian Securities and Investment Commission chairman Joe Longo punctured the crypto industry’s enthusiasm for federal regulation, warning it will take time to finalise licensing to avoid high-profile collapses like that of US crypto exchange FTX.

The B.C. government has introduced new legislation to regulate the rapidly expanding short-term rental market in an attempt to return homes to the long-term rental market.

Malaysian energy major Petronas, Indonesia's renewables firm Sun Energy and global commodities company Vitol are in talks to acquire TPG Capital's Rise Fund-backed Fourth Partner Energy, a renewables company that supplies green energy to commercial and industrial establishments, said two sources aware of the development. The majority stake sale is likely to value the company's equity base at around $450-$500 million, the sources said. TPG, which owns close to 50% stake in the business, is looking to completely exit the company through this transaction, the sources added.

A firm that had overseen $265 million in assets at Cadaret Grant & Co. has affiliated with LPL Financial and will use LPL’s broker-dealer, RIA and custodial platforms, the firm announced Monday.

Wells Fargo Advisors, the broad marketing umbrella for close to 12,000 bank advisors, wealth management advisors and independent advisors, is betting big on its independent advisor business, in which an advisor works as either an independent contractor or registered investment advisor.

₹3 trillion, up from last year’s ₹2.5 trillion. September data on fast-moving consumer goods (FMCG) from retail technology platform Bizom indicated strong pre-festive stocking, especially in rural markets. Sales of FMCG were up nearly 5% in September versus a year ago; but down 2.3% year-on-year for the September quarter.

New Delhi: Avinash Kumar runs Blumox Technologies, a Delhi-based company that develops websites, mobile apps and applications for enterprises. For five years, he used the services of Razorpay, a payments company, for his everyday transactions with customers online. However, a few months ago, he switched to PhonePe.

The world of finance is constantly shifting, and recent developments have caught the attention of veteran as well as beginner cryptocurrency investors. Bitcoin, which leads the top ten cryptocurrency list, has forged a new path, diverging from its once close relationship with long-term bonds.