SpaceX Set to Enter Nasdaq 100 Index on July 7 Following Relaxed Entry Requirements
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk’s rocket and AI giant.Inclusion in the index typically boosts the stock price, as exchange-traded fund Read More
Persistent Systems To Buy German Digital Engineering Firm Nagarro; Aims To Generate $2.9 Bn In Revenue
The Pune-headquartered tech company on June 27 announced a voluntary public takeover to acquire all outstanding shares of German digital engineering firm Nagarro SE via its subsidiary Galaxy Germany Holding for €81 per share in cash.The offer represents 140% premium to Nagarro’s Read More
Real Estate Emerging As Both Lifestyle Choice And Safe-Haven Asset Amid Global Uncertainty, Says Industry Expert
New Delhi: As global markets grapple with geopolitical tensions, inflationary pressures, and economic uncertainty, investors are increasingly turning towards assets perceived to offer long-term stability. While gold continues to remain a traditional safe-haven investment, real es Read More
Explained: Hailing The Supreme Court’s Ruling Jindal Poly Films Ltd, Monet Securities
The Supreme Court’s June 8th verdict on the dispute involving Jindal Poly Films Ltd and Monet Securities Pvt Ltd marks a significant step in the class action suit proceedings under Section 245 of the Companies Act, 2013. In its judgment, the Supreme Court has set aside the orders Read More
West Asia Peace Deal To Limit India Inc Profit Drop To 100 Basis Points: Crisil Ratings
A drop in global oil prices after a new peace deal in West Asia will bring major relief to Indian companies. Rating agency Crisil Ratings reported in its latest study on Friday that the hit to company profit margins will be limited to about 100 basis points, which is half of the Read More
SEBI Blocks Anil Ambani’s Bid to Settle 65-Billion-Rupee Corporate Fund Misuse Case
India’s financial markets regulator has rejected applications by industrialist Anil Ambani and his corporate group to settle allegations of misusing almost $700 million of company funds, documents reviewed by Reuters show.The Securities and Exchange Board of India last week rej Read More
SEBI Blocks Anil Ambani’s Bid to Settle 65-Billion-Rupee Corporate Fund Misuse Case
India’s financial markets regulator has rejected applications by industrialist Anil Ambani and his corporate group to settle allegations of misusing almost $700 million of company funds, documents reviewed by Reuters show.The Securities and Exchange Board of India last week rej Read More
Global Equity Fund Inflows Crash 86%, Stretched Tech Valuations and Sticky Inflation Ignite Fed Rate Hike Fears
Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S. Federal Reserve cooled risk appetite.Investors purchased a net $7.51 billion worth of global equity funds during the week, down ab Read More
Global Equity Fund Inflows Crash 86%, Stretched Tech Valuations and Sticky Inflation Ignite Fed Rate Hike Fears
Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S. Federal Reserve cooled risk appetite.Investors purchased a net $7.51 billion worth of global equity funds during the week, down ab Read More
Crude Oil Prices Today: Brent Crashes Toward $73 As Easing Hormuz Blockade Floods Market
Crude oil prices fell by about 2% on Friday, heading toward sharp weekly losses. The drop comes as shipping routes in the Middle East quickly return to normal, easing fears over recent tensions near Oman.Global benchmark Brent crude fell $1.52 (2.03%) to $73.73 a barrel, while U. Read More













