Thu, Sep 29, 2022 4:54 PM
Elev8 Sets Up $200 Mn Fund To Invest $5 Mn- $15 Mn In Tech Startups
A Flip by Shruti
Wipro's chief executive officer (CEO) Srinivas Pallia, on April 19, outlined five key focus areas to turn around the company in the days to come. This was in response to how the new CEO plans to take charge and drive growth, at a time when not just the market demand is tepid but Wipro's inherent challenges have led to consistent dwindling of market share.
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Bitcoin’s dominance in the cryptocurrency sector has surged to a three-year high, capturing nearly 55% of the $2.4 trillion market for virtual currencies, according to CoinMarketCap data. The success of the newly introduced U.S. spot exchange-traded funds (ETFs), including offerings from BlackRock Inc. and Fidelity Investments, has been remarkable, amassing approximately $56 billion in assets.
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The market regulator has proposed a call auction for shares of certain kinds of listed investment companies (ICs) and listed investment holding companies (IHCs), so that there is a fair-price discovery of these securities. This option was proposed after industry representatives informed the regulator that its circuit filters are hindering fair-price discovery for these shares.
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