Fri, Sep 3, 2021 9:31 PM
Investor wealth surge Rs 4 lakh crore in two days
Five crucial bidders for Reliance Capital’s assets have exited the race. Currently, barely 5 active bidders, including Piramal Enterprises, are actively pursuing the process. This is in contrast to the nearly 54 EoIs the firm had received in March. Blackstone, HDFC Ergo, insurance firms of ICICI Lombard and Tata group, and Adani Group are the latest companies to pull out of the process.
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After Netflix lost subscribers for the first time in a decade & projects a 2 million decline in the upcoming quarter, the streaming giant is now in discussion with several companies for advertising partnerships to gain subscribers by launching a cheaper plan with ads🤳. As per sources, the company is in talks with Alphabet Inc's Google & Comcast Corp's NBCUniversal for possible marketing tie-ups.
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In the past six months, the crypto market has witnessed a highly volatile price movement. However, this volatility in the crypto market has not dampened interest from SMEs. A recent study indicates that SMEs are open to the idea of accepting crypto payments, especially Bitcoin. The survey suggests that 24 per cent of small businesses intend to embrace crypto payments.
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