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Stablecoin Firm Circle Adds to Stellar First Day Gains with Another Stock Surge
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-dri...
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Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
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Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
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Alphabet to Buy Wiz for $32 Billion in Its Biggest Deal to Boost Cloud Security
Alphabet will buy Israeli startup Wiz for about $32 billion (roughly Rs. 2,76,784 crore), marking its biggest deal ever. With this, Wiz will become part of Google's cloud unit and strengthen the company's efforts in cybersecurity solutions that companies use to remove critical risks.
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Chinese Man Rejects Rs 2 Crore Offer, Lives In House Surrounded By Highway
A defiant homeowner has refused to move for the construction of a new motorway - instead letting workers build the road around his property.
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Sagility India IPO Opens Tomorrow: Offer Size, Price Band, Listing Date
The initial public offer (IPO) of Sagility India Limited is set to open for subscription on November 5. The company aims to raise nearly Rs 2,107 crore via its maiden share sale. Sagility India IPO is a book building issue worth Rs 2,106.6 crore.
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Enforcement Directorate Seizes Rs. 90 Crore Funds Kept in Binance, ZebPay, WazirX Wallets
The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".
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How Agents Behind Rs 2,500 Crore Himachal Crypto Scam Targeted Investors
The fraudsters behind the Rs 2,500-crore cryptocurrency scam in Himachal Pradesh targeted people who received compensation for the land acquired for road projects and also offered corporate-style motivation to their top-performing
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India Plans $2 Billion In Incentives For New Manufacturing Sectors: Report
India is planning to offer incentives of up to Rs 18,000 Crore ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers and inputs for vaccines, two government officials said.
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Shekhar Kapur Reveals He Was "Offered" Rs 300 Crore To Make Mr India 2
Mr India, featuring Anil Kapoor and Sridevi, was way ahead of its time
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Arm Secures $54.5 Billion Valuation in Year's Biggest IPO With Apple, Nvidia, Samsung as Investors
Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).
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Railways Made Rs 2,200 Crore More After Senior Citizens Concession Stopped: RTI
The Railways has earned an additional revenue of around Rs 2,242 crore from senior citizen travellers in 2022-23 by revoking concession offered to them, an RTI response has found.
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Toshiba Accepts $15 Billion Buyout Bid From Private Equity Firm Japan Industrial Partners
Toshiba accepted a $15.3 billion (roughly Rs. 1.25 lakh crore) buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved on Thursday a bid of about CNY 2 trillion ($15.3 billion) fro...
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Elvis Presley's 61-Year-Old Private Jet Sold For Rs 2 Crore At Auction
The plane's exterior displays significant damage, but its interior offers a nostalgic look back at luxurious private air travel in the mid-20th century.
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Jio True 5G Launched in Guwahati, Reliance Said to Invest Rs. 2,500 Crore More to Deploy 5G in Assam
Assam Chief Minister Himanta Biswa Sarma on Tuesday launched Jio True 5G services at Guwahati in Assam at an event in the city. Alongside its True 5G services that were launched in Guwahati, Jio also started its True 5G-powered Wi-Fi services at Maa Kamakhya Temple complex in Guwahati on Tuesday, according to a statement from the telecom firm. ​
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Stablecoin Firm Circle Adds to Stellar First Day Gains with Another Stock Surge
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-dri...
-
Stablecoin Issuer Circle Raises $1.05 Billion in Upsized US IPO
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
-
Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
-
Alphabet to Buy Wiz for $32 Billion in Its Biggest Deal to Boost Cloud Security
Alphabet will buy Israeli startup Wiz for about $32 billion (roughly Rs. 2,76,784 crore), marking its biggest deal ever. With this, Wiz will become part of Google's cloud unit and strengthen the company's efforts in cybersecurity solutions that companies use to remove critical risks.
-
Chinese Man Rejects Rs 2 Crore Offer, Lives In House Surrounded By Highway
A defiant homeowner has refused to move for the construction of a new motorway - instead letting workers build the road around his property.
-
Sagility India IPO Opens Tomorrow: Offer Size, Price Band, Listing Date
The initial public offer (IPO) of Sagility India Limited is set to open for subscription on November 5. The company aims to raise nearly Rs 2,107 crore via its maiden share sale. Sagility India IPO is a book building issue worth Rs 2,106.6 crore.
-
Enforcement Directorate Seizes Rs. 90 Crore Funds Kept in Binance, ZebPay, WazirX Wallets
The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".
-
How Agents Behind Rs 2,500 Crore Himachal Crypto Scam Targeted Investors
The fraudsters behind the Rs 2,500-crore cryptocurrency scam in Himachal Pradesh targeted people who received compensation for the land acquired for road projects and also offered corporate-style motivation to their top-performing
-
India Plans $2 Billion In Incentives For New Manufacturing Sectors: Report
India is planning to offer incentives of up to Rs 18,000 Crore ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers and inputs for vaccines, two government officials said.
-
Shekhar Kapur Reveals He Was "Offered" Rs 300 Crore To Make Mr India 2
Mr India, featuring Anil Kapoor and Sridevi, was way ahead of its time
-
Arm Secures $54.5 Billion Valuation in Year's Biggest IPO With Apple, Nvidia, Samsung as Investors
Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).
-
Railways Made Rs 2,200 Crore More After Senior Citizens Concession Stopped: RTI
The Railways has earned an additional revenue of around Rs 2,242 crore from senior citizen travellers in 2022-23 by revoking concession offered to them, an RTI response has found.
-
Toshiba Accepts $15 Billion Buyout Bid From Private Equity Firm Japan Industrial Partners
Toshiba accepted a $15.3 billion (roughly Rs. 1.25 lakh crore) buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history. The Tokyo-based company’s board approved on Thursday a bid of about CNY 2 trillion ($15.3 billion) fro...
-
Elvis Presley's 61-Year-Old Private Jet Sold For Rs 2 Crore At Auction
The plane's exterior displays significant damage, but its interior offers a nostalgic look back at luxurious private air travel in the mid-20th century.
-
Jio True 5G Launched in Guwahati, Reliance Said to Invest Rs. 2,500 Crore More to Deploy 5G in Assam
Assam Chief Minister Himanta Biswa Sarma on Tuesday launched Jio True 5G services at Guwahati in Assam at an event in the city. Alongside its True 5G services that were launched in Guwahati, Jio also started its True 5G-powered Wi-Fi services at Maa Kamakhya Temple complex in Guwahati on Tuesday, according to a statement from the telecom firm. ​
