Share Market

Elon Acquires Twitter Worth $44 Billion: Biggest Tech Deal

Elon Acquires Twitter Worth $44 Billion: Biggest Tech Deal

Elon Musk now officially owns Twitter and has taken over all the control. The deal has closed on approximately $44 billion with shares valued at $54.20. Musk announced his takeover bid on April 14, calling it his ‘best deal and final offer’.  Musk is the world’s richest man, and all his achievements are self-crafted. Taking…

Netflix Loses 200k Subscribers Since 2011: Here’s Why  

Netflix Loses 200k Subscribers Since 2011: Here’s Why  

As the first quarter of the year ended, Netflix revealed its subscribers count on Tuesday. For the first time in the decade, the leading OTT platform has lost a large number of subscribers in a limited duration.  Being considered one of the top OTT platforms on a global scale, Netflix has provided many mass entertainers,…

Russia-Ukraine War: Shares Rebounded, Crude Oil Surged $110/bbl

Russia-Ukraine War: Shares Rebounded, Crude Oil Surged $110/bbl

Russia-Ukraine War – Day 8 – The war has shaken the whole world, from the global stock market to transportation. US and European stocks, which have fallen a few days back, rebounded on Wednesday, but crude prices surged past $110 a barrel as fighting raged in Ukraine for the seventh day, posing a challenge for…

Manyavar, Owner of Vedant Fashion Ltd., Float IPO Next Week

Manyavar, Owner of Vedant Fashion Ltd., Float IPO Next Week

Kolkata-based fashion Ltd, the owner of ethnic wear brands, Manyavar, Mohey and Mebaz, will hit Dalal Street next week with its initial public offering (IPO). The subscription for the public issue will last for four days, starting from February 4 and lasting on February 8. Anchor investment will be able to bid on February 3. …

IPO Buzz: 4 IPOs And Factors To Hit The Market This Week

The domestic share market completed a tumultuous week with small gains, but market players were kept on their toes. Despite the positive GDP figures, the new Covid-19 variant ruined the equity numbers. This week during December 6th and 14th, four companies—RateGain Travel Technologies, Shriram Properties, CE Info Systems (MapmyIndia), and Metro Brands, which is supported…

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

On Monday, Reliance Industries (RIL) shares hit a new high after Reliance New Energy Solar LTD announced the acquisition of two companies, intensifying its drive into green energy. Nifty rocketed to a new high of 18,000, after gains in index heavyweights RIL and banks. Mukesh Ambani’s conglomerate, RIL made two purchases over the weekend, including…

Global Stock Markets Falls With the Repercussions Of Evergrande ‘collapse’

Global Stock Markets Falls With the Repercussions Of Evergrande ‘collapse’

The global equity market and the prices of Bitcoin plummeted after China’s Evergrande Group’s Collapse, a Chinese real estate giant. The world’s most indebted property development firm, Evergranade, fears bankruptcy, resulting in 1.6 million unfinished homes and angry buyers protecting outside the company’s office. The global sentiments have been rattled by the real estate firm,…

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

The strong bull run revives the stress that investors had in late March when global investors were frightened about the economic setbacks due to the Covid-19 pandemic surging to the market. India’s Market Capitalization jumps over 3.5-trillion—almost double from about 1.3-trillion then in March. Several factors contributed to this record-breaking history in the global market,…