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India's $200 Million-An-Hour IPO Boom Shows Rise Of Retail Investors
It's offerings like LG's, the nation's third biggest for this year, that have made India one of the world's hottest IPO venues, with total proceeds hurtling toward last year's record tally of $21 billion.
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UPI Clocks Over 6 Billion Transactions in July, Highest Ever Since 2016
Unified Payments Interface (UPI) has clocked over 6 billion transactions in July, the highest ever since its inception in 2016. PM Narendra Modi lauded the outstanding accomplishment. Month-on-month, the volume of transactions was up 7.16 per cent and the value increased by 4.76 percent. Over the past four years, digital payment transactions have g...
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Tesla Q2 Profit Beats Expectations, Elon Musk Reiterates 50 Percent Annual Vehicle Sales Growth Forecast
Tesla exceeded Wall Street expectations from April through June with a better-than-expected $2.26 billion (roughly Rs. XXX crore) net profit for the quarter. The Texas-based company's second-quarter profit fell 32 percent from record levels in the first quarter. Experts note that the decrease in automobile revenues from the first quarter was offset...
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Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
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Japan Trade Deficit at Record $75 Billion in First Half
Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
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India's $200 Million-An-Hour IPO Boom Shows Rise Of Retail Investors
It's offerings like LG's, the nation's third biggest for this year, that have made India one of the world's hottest IPO venues, with total proceeds hurtling toward last year's record tally of $21 billion.
-
UPI Clocks Over 6 Billion Transactions in July, Highest Ever Since 2016
Unified Payments Interface (UPI) has clocked over 6 billion transactions in July, the highest ever since its inception in 2016. PM Narendra Modi lauded the outstanding accomplishment. Month-on-month, the volume of transactions was up 7.16 per cent and the value increased by 4.76 percent. Over the past four years, digital payment transactions have g...
-
Tesla Q2 Profit Beats Expectations, Elon Musk Reiterates 50 Percent Annual Vehicle Sales Growth Forecast
Tesla exceeded Wall Street expectations from April through June with a better-than-expected $2.26 billion (roughly Rs. XXX crore) net profit for the quarter. The Texas-based company's second-quarter profit fell 32 percent from record levels in the first quarter. Experts note that the decrease in automobile revenues from the first quarter was offset...
-
Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
-
Japan Trade Deficit at Record $75 Billion in First Half
Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
