“100% renewable” data centre infrastructure company, Arkon Energy, has successfully completed raising US $28M. The company has also stated that it has “completed the acquisition of Hydrokraft AS, a leading renewable energy-based data centre in Norway.” The Australia-based company uses renewable electricity “to mine bitcoin.”

While the spot gold price recorded an intraday loss of 0.55% and ended at $1,750 per ounce levels on Friday, the December future contract of gold on the MCX finished the day 194 per 10 gm lower at levels of 52,649 on the MCX. Sugandha Sachdeva of Religare Broking said, "We expect prices to turn slightly negative and edge lower towards ₹52,000 per 10 gm mark initially and then ₹51,700 per 10 gm."

Chennai-headquartered global tech company, Zoho Corporation, witnessed 81 per cent annual growth in India in 2021 in its Zoho Books business, while the Zoho Finance platform saw 50 per cent year-on-year (YoY) growth globally. Online accounting service, Zoho Books automates business workflows and helps collaborate across departments.

In the last 20 years, Aarti Industries has given 1:1 bonus shares on two occasions. Although the stock could not give many returns to its short-term investors, it remained a money-making share in the long term to its positional investor. This means if an investor had invested ₹1 lakh in this multibagger chemical stock twenty years ago, he would have received 40,816 shares of the company.

BKV Corporation, an U.S. natural gas producer, submitted its papers for an initial public offering in the United States on Friday. Notably, after a stellar 2021, the IPO market in the US has slammed doors on startups, with companies taking a backstep from listing due to turbulent market conditions. Moreover, those companies that chose to go for IPO received a tepid response.

U.S. stocks are trading on a mixed note midway on Friday with the Nasdaq Composite turning lower. Dow Jones gained 0.42% to 33,686.06, while the Nasdaq declined 0.25% to 11,117.35. The S&P 500 also surged 0.17% to 3,953.42. In the commodity market, oil prices plunged 3.2% to $79.00, even gold traded down 0.3% at $1,757.10. However, European shares were higher today; STOXX 600 gained 1.15%.

Maruti Suzuki India is eyeing to end the ongoing fiscal with 3,700 sales networks. The country's biggest car manufacturer is planning this move amid a push to ramp up production capacity at its Manesar-based plant by 1 lakh units to cater to enhanced demand. Today, Maruti crossed the 3,500 car sales outlets mark, more than doubling it from 1,300 dealerships a decade ago.

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.

Asia Index Private declared a rejig in the S&P BSE Sensex. From the opening of market hours on December 19, 2022, homegrown auto giant Tata Motors will replace pharma stock Dr Reddy's Laboratories in the S&P BSE Sensex. In S&P BSE 100 index, Adani Total Gas and Hindustan Petroleum Corporation shares will be replaced by Adani Power and Indian Hotels Company stocks.

MEXC has now reached a milestone of 10 million users. To celebrate this unique achievement, MEXC Global has adopted the proposed brand color change. According to the Vice President, Korean users gave “Ocean Blue” as the first brand color recommendation. The exchange is rebranding to spread awareness of what it upholds—Users Come First.

Bank of Baroda increased the interest rates on Foreign Currency Non-resident Deposits (FCNR) by 20 basis points to a maximum of up to 1.45% on various currencies under FCNR. These mentioned rates will be effective from November 16 and will continue until December 15th. The revised rates will be applicable on fresh and existing FCNR deposits which are renewed on maturity.

Licious’ consolidated net loss more than doubled to Rs 855.7 Cr in FY22 as advertising spend and other expenses increased considerably. The Bengaluru-based D2C foodtech unicorn posted a net loss of Rs 369.8 Cr in FY21, which had also widened over 2X from Rs 146 Cr loss in FY20. The company's operating revenue, however, grew 1.6X to Rs 682.6 Cr in FY22 from Rs 415.5 Cr in FY21.

Google inked an MoU with the Karnataka government to boost women founders and startups across Tier-II and Tier-III cities in the state. According to this deal, Google will tie up with the Karnataka Innovation and Technology Society (KITS) to offer training and mentorship sessions to startups across domains including cloud services, user experience, Android, and product strategy, among others.

Gap share price zoomed at open today after the clothing retailer logged a robust third quarter. However, a Citi analyst stated that the company was “not out of the woods yet.” The company registered adjusted earnings of 71 cents a share from revenue of $4.04 billion during the fiscal's third-quarter in comparison to 27 cents a share on sales of $3.94 billion registered in the previous year.

Dealers have advised positional buy in MGL, IGL. Dealers say that Kirit Parikh's report on gas prices is possible soon. Another favorite stock of dealers is Manapurram. Dealers have STBT advice on this stock ie, sell today and buy tomorrow. The stock has seen selling by HNIs, and OI has declined by 4%. Dealers expect a downside of 3-4% in the stock from current levels