The 5 cryptocurrencies to buy at cheap prices – September 2022 week 3 according to the news website InsideBitcoins are IBAT (Battle Infinity), TAMA (Tamadoge), Polygon(MATIC), Lucky Block (LBLOCK), and Ravencoin (RVN). Apart from Ethereum, Ethereum Classic and Polygon, Ravencoin is likely to be one of the biggest beneficiaries of tomorrow’s Merge, according to the site.
Open FlipBajaj Holdings & Investment Ltd. announced that its board has approved an interim dividend of ₹110 per equity share, with September 23 set as the record date for payment. Bajaj Holdings shares decreased 0.17% from the previous close to conclude at ₹6,620.70 a share on the NSE. The stock increased 0.09% to settle at ₹6,624.95 on the BSE.
Open FlipKRBL, a rice processing company witnessed a nearly 15% surge in Tuesday’s trade and secured the biggest single-day gain since May 12, 2022. The stock has jumped 70% in the last 3 months, while it has increased by over 36% in the previous month. The stock also traded above all key DMA levels on Tuesday. KRBL shares traded 14.24% higher at Rs 366.70 over the last day’s closing of Rs 321 a piece.
Open FlipThe team of South Korean prosecutors has launched a fresh investigation and evaluation of Terra tokens to determine whether they serve as securities. If the Terra tokens LUNA, LUNC, and UST (now USTC) are determined to be securities, TerraForm Labs, its founder Do Kwon, and other affiliates will also be prosecuted for breaking the Capital Market Act.
Open FlipAdani Ports, the port division of the Adani Group, reached a fresh record high on Tuesday on investor optimism for the market as a whole. During the day, the company's market cap exceeded 2 lakh crore. Shares of Adani Ports increased by 10.20 or 1.09% on the BSE to close at 948.85 per share. During trading hours, the shares reached a new historic high of 953.80 per share.
Open FlipMilk Mantra, a Bhubaneswar-based dairy tech startup witnessed a 36% decline in its profit to INR 13.6 Cr during the financial year 2021-22 (FY22) from INR 21.3 Cr in FY21 due to a rise in its expenses. The startup is India's first venture capital (VC) backed dairy startup, whose total revenue grow 48% to INR 271 Cr during the year from INR 182 Cr in FY21.
Open FlipThe Linux Foundation announced the intention to form the OpenWallet Foundation (OWF). This will be a new collaborative effort by the foundation to develop open source software to support interoperability for a wide range of wallet use cases. Its focus will be on developing a secure open-source engine that anybody can use to build an interoperable digital wallet.
Open FlipBridgestone India introduced its Sturdo range of tyres for the small car, sedan and compact utility vehicle segments in the domestic automotive aftermarket. The latest Sturdo-branded radials will replace Bridgestone India's B290 range. It will be available in 27 sizes ranging from 12 to 16 inches with several variants. Sturdo range claims to have up to 29% longer life than standard products.
Open FlipAbra, a cryptocurrency trading platform, announced that it was "in the process of" establishing a state-chartered bank headquarters in the United States that would accept deposits of digital assets. With plans to start in 2022, Abra declared its global venture and the U.S. bank will collaborate with authorities to ensure regulatory and legal compliance.
Open FlipBharatPe appointed two new board members in a bid to increase the number of independent directors to prepare for the startup's plans to list on the bourses. The merchant payments and financial services player onboarded former Reserve Bank of India (RBI) Deputy Governor BP Kanungo and Zomato Chairman Kaushik Dutta as independent directors.
Open FlipKorea Customs Service noted that in the first half of 2022, the amount of currency exchange fraud caught was about 1.5 trillion won, or over $1 billion. Since 2017, customs inspectors have flagged approximately $2.8B in crypto-related transactions. The figures stood at $600Million for 2021. The money has reportedly been linked to "kimchi premium" trading & over-the-counter crypto transactions.
Open FlipForeign investors have increased their purchases of a slew of Indian government bonds with no foreign investment restrictions ahead of the expected inclusion of Indian debt in global bond indexes, according to analysts. To help index providers meet a key requirement, the central bank excluded overseas investment caps for a number of securities under the 'fully accessible route' in April 2020.
Open FlipThe South Philadelphia-based company that previously promised investors large profits is now a Ponzi scheme. After withholding access to more than $11 million in cryptocurrency for thousands of its clients, the Bitcoin mining company is now being investigated for securities fraud. Over 100 Pennsylvanians were lured into this scam, making it Pennsylvania’s worst scandal of its kind.
Open FlipFrench advertising and public relations player--Publicis Groupe-- introduced a ‘Creative Council’ for South Asia. The move is expected to improve its creative output by implementing technology and research. The company has also onboarded Rajdeepak Das, CEO and CCO of Leo Burnett South Asia, as the chairperson of the ‘Creative Council’ to drive its creative quotient.
Open Flip91Squarefeet garnered $10 Mn in its Series A funding round led by Stellaris Venture Partners. The funding round also saw participation from existing investors Y Combinator, Betatron and some other angel investors. The construction tech startup will deploy the fresh fund to bolster its services, and product development and deepen supplier engagement.
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