Stem Holdings, Inc., a vertically integrated cannabis operator, intends to conduct a private placement of a $250,000 unsecured promissory note and 250,000 common share purchase warrants to an arm’s length lender. The offering is expected to shut on November 11, 2022. The note holds interest at rate of 10% per annum payable at maturity.

Kaynes Technology ₹858 crore IPO secured 1.10 times subscription on day 2 of bidding, and with this, the maiden issue has been fully subscribed. The Qualified institutional buyers (QIB) and the employees have remained at the forefront of the IPO subscription; the portion reserved for them got subscribed by 2.45 times and 3.22 times respectively.

Diversifying your portfolio into multiple asset classes is one of the best & trusted ways to build long-term wealth. Often highly rewarding investments come with associated market risks. Mudrex thus enters the picture & lets you minimize risks to further grow your wealth with its expert-managed crypto baskets called Coin Sets.

Wipro Limited today announced a partnership with US-based cloud computing service provider, VMware. Following this deal, the homegrown information technology services major will maintain a VMware business unit to offer the latter’s platform as a service to its clients. Wipro is expected to train up to 5,000 professionals in VMware’s cross-cloud services.

On November 11, DCX Systems had a stellar performance on its debut, growing 49 percent, backed by healthy market conditions. In fact, the listing with boosts of 39% at Rs 287 was largely on expected lines, given the healthy financial performance. The stock closed at Rs 308.45 a piece on the National Stock Exchange, up 49% over the issue price of Rs 207.

Tata Digital-backed Cult.fit’s loss widened marginally to ₹681 crore in FY22 as compared to ₹671 crore in the previous fiscal as the company was battered by pandemic-driven shutdowns and government-imposed restrictions. However, the health and wellness platform operated by CureFit Healthcare Pvt. Ltd registered a 34% YoY increase in its revenue to ₹215.7 crore in FY22.

India's largest life insurance company, Life Insurance Corporation (LIC) reported a net profit of Rs 15,952 crore for the quarter ended September (Q2FY23), a manifold increase from Rs 1,433 crore in the corresponding period last year. In the June quarter, the insurer had reported a net profit of just Rs 682.9 crore. First-year premium, an indication of business growth, came in at Rs 9124.7 cror...

Hyderabad-based space tech startup, Skyroot Aerospace will launch India's first privately manufactured rocket-- Vikram-S from Sriharikota on November 15 under the project Mission Prarambh. Earlier, the startup received a launch window of November 12–16. Vikram-S is the first in the Vikram series of rockets, which is powered by a solid-fuel engine and has 3D-printed motors.

Hindustan Aeronautics Ltd (HAL) is a large-cap Navratna CPSE company that operates in the industrial sector. The company has said in a stock exchange filing that “the Board of Directors of the Company has declared a first interim dividend of Rs. 20 per equity share of Rs. 10/- each fully paid up (200%) for the Financial Year 2022-23."

JPMorgan will inaugurate a new office in Athens to support the growth of its business in the country. The facility will host a new Payments Innovation Lab for which the U.S. bank has decided to onboard around a 50-strong payments research and development team locally - including product and engineering specialists. Recruitment for the Payments Innovation Lab will commence immediately.

On Friday's open, Futures tied to the S&P 500 (^GSPC) grew 0.5%, while futures on the Dow Jones Industrial Average (^DJI) added 165 points, or about the same percentage gain as the S&P. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were 0.7% higher. Treasury yields held steady after their steepest one-day plunge Thursday in more than a decade.

The top 100 #ETH whales are hodling: $79M SHIB (Shiba Inu), $56M MKR(Maker), $54M LOCUS (Locus Chain), $41M BIT(BitDao), $3M BEST (Bitpanda Ecosystem Token), $33M MOC (Moss Chain), $29M CHZ(Chiliz) and $29M MATIC (Polygon). The overall market was in green today. This data is given out by WhaleStats, a platform that tracks the movements of crypto whales.

The investment company owned by Warren Buffett, Berkshire Hathaway, has offloaded 5.78 million shares of Hong Kong-listed electric vehicle maker BYD Co, Ltd. According to a filing, the sale lowered Berkshire's holdings in BYD's total issued H-shares to 16.62% on November 8, down from 17.15%. Last week Berkshire Hathaway offloaded H-shares worth HK$560 million.

On Friday, the Reserve Bank said that India's foreign exchange reserves fell by USD 1.087 billion to stand at USD 529.994 billion for the week ended November 4 on a sharp drop in the gold reserves. In the previous week, the reserves had surged by USD 6.561 billion to reach USD 531.081 billion, making it the biggest weekly leap in a year.

Nayib Bukele, El Salvador's President reportedly dismissed the rumors that the country holds its bitcoin stash on the crypto exchange FTX. Meanwhile, Binance's CEO, Changpeng Zhao, tweeted to put these rumors to bed, sharing that “the amount of misinformation is insane.”