ECB : Peer-to-peer validation for digital euro might not be feasible
Thu, Sep 29, 2022 3:55 PM

ECB : Peer-to-peer validation for digital euro might not be feasible

According to the European Central Bank, the digital euro may only function online when transactions are validated by third parties like banks. As per a document released on Thursday, peer-to-peer validation possibilities are placed on hold in and the ECB's governing council is deciding whether to issue a digital version of the euro by September 2023.

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HCL Group attains majority stake in vernacular ed-tech platform GUVI
Thu, Sep 29, 2022 3:49 PM

HCL Group attains majority stake in vernacular ed-tech platform GUVI

IT company HCL Group has obtained a majority stake in vernacular ed-tech platform GUVI which offers technical courses. The IIT Madras and CIIE (IIM Ahmedabad) set company, GUVI delivers technical courses such as Web Development, AI module, SQL, and various other courses created by industry experts in vernacular languages. It provides tailor-made courses for learners, universities and employers.

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📢 Benchmark indices CLOSE on a negative note today; Nifty around 16,850
Thu, Sep 29, 2022 3:44 PM

📢 Benchmark indices CLOSE on a negative note today; Nifty around 16,850

📢 Benchmark indices CLOSED on a negative note after a highly volatile session today. 📊 At 3:30 PM, the Sensx declined by 188.32 points or 0.33% at 56,409.96, and the Nifty was down 40.50 points or 0.24% at 16,818.10. About 1775 shares have advanced, and 1435 shares declined. 👉Among sectoral indices, Nifty Pharma (🔼1.33%) was the top performer, while Nifty IT (🔻0.92%) was the top drag.

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SEC charges crypto company for allegedly trading securities
Thu, Sep 29, 2022 3:39 PM

SEC charges crypto company for allegedly trading securities

The US Securities and Exchange Commission has charged the Hydrogen Technology Corporation for manipulating crypto asset securities. The SEC claims that it profited more than $2 million by "manipulating the trading volume and pricing" of hydrogen. A case from the SEC is also pending against Michael Ross Kane, the former CEO of Hydrogen.

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BHEL shares surge today on winning thermal power project from NTPC
Thu, Sep 29, 2022 3:27 PM

BHEL shares surge today on winning thermal power project from NTPC

Bharat Heavy Electricals' share price was trading on a bullish note during Thursday’s trade after winning an order for setting up the 2x660 MW Talcher Thermal Power Project Stage-III in Odisha through International Competitive Bidding from NTPC. The company announced that the order has been secured on an engineering, procurement and construction (EPC) basis.

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Krsnaa Diagnostics zooms on 600 new centers' launching plans
Thu, Sep 29, 2022 3:20 PM

Krsnaa Diagnostics zooms on 600 new centers' launching plans

Krsnaa Diagnostics' stock price zoomed today after the radiology and diagnostics service provider announced its plans to launch 600 diagnostics centers across India. The healthcare service provider is eyeing to bolster its footprint across Maharashtra, Himachal Pradesh, Punjab, West Bengal, and Rajasthan. It also wants to spread across metropolitan, tier 2 and tier 3 cities.

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Terraform Labs: South Korea is treating Do kwon and the company unfairly
Thu, Sep 29, 2022 3:18 PM

Terraform Labs: South Korea is treating Do kwon and the company unfairly

According to Terraform Labs, Korean prosecutors are unfairly treating the company and Do Kwon. The corporation asserts that after UST and Luna failed, Korea politicised the situation and disregarded the fundamental rights protected by Korean law. The compnay objected to the South Korean prosecutors' September 14 arrest warrant issued against Kwon and his 5 associates.

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Sona Comstar tanks to 52-week low! Check what experts say now👉
Thu, Sep 29, 2022 3:14 PM

Sona Comstar tanks to 52-week low! Check what experts say now👉

Sona BLW Precision Forgings has been bleeding investors’ money in recent months. The automotive technology company's stock is currently trading at 52-week low levels. Despite this, analysts are optimistic regarding the stock. Some have also upgraded their rating on the scrip, claiming the latest sell-off in the stock is perhaps the best time to accumulate the share.

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Vedanta invites EOIs for supplying 500MW hybrid renewable energy
Thu, Sep 29, 2022 3:03 PM

Vedanta invites EOIs for supplying 500MW hybrid renewable energy

Eyeing to scale up its green energy sourcing to 1 GW, Vedanta has invited expression of interests (EOIs) for supplying 500 megawatt (MW) of renewable energy. The mining conglomerate is seeking initial bids from players to supply hybrid renewable power for its production units in Rajasthan, Chhattisgarh and Odisha. The move is crucial for achieving their 2.5 GW of renewable power by 2030.

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Sweden’s central bank to test use of retail CBDC for instant payments
Thu, Sep 29, 2022 3:00 PM

Sweden’s central bank to test use of retail CBDC for instant payments

The Swedish central bank, is working with its counterparts in Israel and Norway, as well as the Bank for International Settlements. Through this collaboration, the bank will test instant payments using retail cross-border central bank digital currency (CBDC). With a final report expected in the first quarter of 2023, the "Project Icebreaker" project will operate through the end of the year.

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Schneider Electric to spend Rs 300 cr for 2nd unit in Telangana
Thu, Sep 29, 2022 2:52 PM

Schneider Electric to spend Rs 300 cr for 2nd unit in Telangana

Schneider Electric India has decided to spend Rs 300 cr for its second facility in Telangana, said the company's CEO and MD Anil Chaudhary. The company has also earmarked an 18-acre land parcel at GMR Industrial Park in the state capital of Telangana for constructing the new unit. The state-of-the-art smart factory is expected to create additional 1,000 jobs.

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Gaming gas fee rebate program for web3 players launched by Klaytn
Thu, Sep 29, 2022 2:45 PM

Gaming gas fee rebate program for web3 players launched by Klaytn

A South Korean cryptocurrency project called Klaytn said on Wednesday that it would give rebates to gaming companies building on its network that pay gas fees. A small number of game companies will be eligible for a 100% offset on their gas costs starting in January 2022 for up to $100,000 in KLAY per month under the new gas fee rebate program.

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💵These stocks have doubled your money in just 15 days❗
Thu, Sep 29, 2022 2:32 PM

💵These stocks have doubled your money in just 15 days❗

📊Despite the stock market demonstrating a downward trend for the last six days, some penny stocks have performed outstandingly and doubled investors' returns in just two weeks. 🔔During the last 15 days, Regency Ceramic has given 105% returns to investors and Salasar Exteriors offered 102% in the same time horizon. Both stocks surged nearly 27% during the last seven days as well.

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Meesho receives $192 million funding from its parent company
Thu, Sep 29, 2022 2:29 PM

Meesho receives $192 million funding from its parent company

Social commerce platform Meesho has raised $192 million in funds from its parent company Meesho Inc. earlier in September 2021. It raised $570 million in a funding round at a post money valuation of $4.9 billion led by Fidelity Management and Eduardo Severin's B Capital Group. The fund will be used by the company to scale up its scale during the festive season.

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Apeejay Surrendra Group garners Rs 300 crores via NCDs
Thu, Sep 29, 2022 2:24 PM

Apeejay Surrendra Group garners Rs 300 crores via NCDs

The Apeejay Surrendra Group garnered Rs 300 crores via Non-Convertible Debentures (NCDs) for its logistics and industrial parks division. The company has planned its future expansions are planned in NCR, Kolkata, Lucknow and Guwahati. It will deploy the recently acquired funds to fuel the ongoing expansion drive of the century-old Kolkata-based services and industrial conglomerate.

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