Fri, Mar 29, 2024 12:39 PM
Godrej Agrovet buys 7.37 lakh shares in GCGPL for Rs 25 crore
A Flip by Avya Verma
Meme coins like Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) don't perform like stocks, or even like other cryptocurrencies like Bitcoin. A lot of the time, new developments that most investors in stocks would interpret as bad news aren't actually so bad.In fact, in some cases what would be considered red flags for a stock end up being green flags, with higher prices often following.
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South Africa recently put in place a licensing regime for crypto with plans to hand out 60 licenses in the coming weeks. Members of the crypto community don't think that politics will jeopardize the country's plans for the digital asset sector. South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk.
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The government is committed to offloading its stake in Vedanta group firm Hindustan Zinc through offer for sale (OFS) and will take the decision on this after testing the market, mines secretary V L Kantha Rao said on Monday. The government, the largest minority shareholder in Hindustan Zinc, owns a 29.54 per cent stake in the company.
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