Mon, Sep 9, 2024 4:59 PM
SEBI's financials in strong shape on buoyant market
A Flip by Shubhangi Gupta
Geojit Financial's Rights Issue Committee is scheduled to meet on September 19, 2024, to finalize key details regarding its upcoming rights issue. During the meeting, the committee will decide on crucial aspects such as the issue price, the rights entitlement ratio, and other related matters. This follows the Board of Directors' approval on July 13, 2024, for the offer of equity shares.
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Meta Platforms has banned Russian state media networks such as Rossiya Segodnya, RT and others across its platforms — Facebook, Instagram, WhatsApp and Threads — for alleged “deception tactics” to influence audiences online, as per a Reuters report. Meta claimed Russian state media outlets used “deceptive tactics to carry out covert influence operations online”, the report added.
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Intel's foundry business signs up Amazon's cloud unit as a multibillion-dollar customer for custom AI chip production, boosting Intel's shares by 8%. The deal marks a significant win for Intel's turnaround efforts, which include cost cuts, selling a stake in Altera, and reorganizing divisions to prioritize core CPU technology.
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