Fri, Apr 19, 2024 11:23 AM
Trump Media stock rebounds 47% after brutal post-IPO sell-off
A Flip by Riya Sharma
Global stock markets heaved a sigh of relief last night when Jerome Powell assured investors that it is unlikely for the US Fed to go for a rate hike. After the Dow Jones ended higher overnight, the Sensex was also up around 200 points this morning. Investors are now beginning to doubt whether the Fed would be in a position to go for rate cuts at all in the calendar year 2024.
Open Flip
Venture debt firm Stride Ventures has raised USD 165 million (about Rs 1,380 crore) for its Fund III, which it plans to invest in Indian startups within a year, the company said on Wednesday. The third fund has garnered strong support from a diverse mix of investors, including insurance companies, family offices, corporate treasuries and high net-worth individuals (HNI), it said in a statement.
Open Flip
Realty firm Prestige Group on Monday said it has sold Rs 1,300 crore worth luxury apartments so far in its newly launched residential project in South Mumbai. The company has pre-launched a 2-acre project — Prestige Ocean Towers, which has just 169 residences across two towers. The project has a developable potential of 4.62 lakh square feet carpet area.
Open Flip
