📈 Domestic benchmark indices closed on a negative note on 10 January 2025 📢 At 3:30 PM, the Sensex tanked by 241.30 points or 0.31% at 77,378.91 and the Nifty was down 95.00 points or 0.40% at 23,431.50. 📊Among sectoral, Nifty IT (⬆️3.44%) turned out to be the best performer while Nifty PSU Bank (⬇️2.72%) saw considerable selling.
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A liquidation petition has been filed against indebted property developer Sunac China, by a unit of China Cinda Asset Management, the Hong Kong judiciary's website showed late on Thursday. The petition has been filed by a unit of asset manager China Cinda Asset Management, and a hearing is scheduled for March 19, the website shows.
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The year 2025 began with three Saudi Arabian startups bucking the venture capital funding activity in the MENA region. Three Saudi Arabian startups, Zension Technologies, Revie, and Vreal, raised significant funding in 2025, with Zension leading the pack with a $30 million Series A round. Revie secured $2.5 million in seed funding, while Vreal received an undiclosed pre-seed investment.
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