Fri, Apr 26, 2024 12:04 PM
Multibagger Stock: MOIL share price zooms over 50% in April so far
A Flip by Avya Verma
British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles of its Embodied AI technology that can learn from and adapt to human behavior. Nvidia also contributed in the Series C funding round as a new investor, as did existing investor Microsoft.
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India's retail investors piled into state-run companies like IRFC and IREDA during the January - March period, according to data from Prime Infobase. Retail investors bought IRFC shares worth ₹1,533 crore during the March quarter. Interestingly, IRFC has little free float in the market as the government still holds an 86% stake in the company. IREDA, the most recent PSU listing also caught t...
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Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India's tougher draft guidelines on the financing and accounting of project loans. The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks.
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