The SEC wants to restart the case, according to a letter that Ripple's attorneys sent to Judge Sarah Netburn. The company’s lawyers do not want to grant the request to reopen the case. The defendants have requested permission from the court to serve non-party subpoenas to the agency in order to obtain copies of the videos they allege demonstrate the officials' improper remarks.
Open FlipVodafone Idea (VIL) Managing Director and Chief Executive Officer Ravinder Takkar said the 5G would be priced at a premium to 4G. He revealed that the company had spent a considerable portion in acquiring spectrum in the recently-held auctions, hence a need to charge a premium for 5G services. He expects overall tariff for mobile phone services to go up by the year-end.
Open Flip📢 Benchmark indices CLOSED on a positive note after the volatile session on August 5. 📊 At 3:30 PM, the Sensex improved by 50.12 points or 0.086% at 58,348.92, and the Nifty was up 10.50 points or 0.060% at 17,392.50. 👉Among sectoral indices, buying was noticed in IT (🔼0.64%) and Bank (🔼0.44%). However, Media (🔻 0.52%), Metal (🔻 0.44%) and Pharma (🔻 0.33%) witnessed selling pressure.
Open FlipThe wholly-owned arm of Adani Enterprises Ltd, Adani Road Transport Ltd, has agreed to acquire Gujarat Road and Infrastructure Company Ltd and Swarna Tollway Private Ltd for Rs3,110 crore. Adani Road Transport Ltd will buy 56.8% in GRICL and 100% stake in STPL. At around 2:24 PM, Adani Enterprises was trading 0.71% down from its previous closing on the BSE.
Open FlipMajor crypto exchange Binance announced the addition of XRP, Shiba Inu (SHIB) and Avalanche (AVAX) as means of payment with the Binance Card. This move will allow holders to spend SHIB through over 60 million merchants. Meanwhile, BTC, BUSD and ETH, as well as tokens from SANTOS, PORTO and LAZIO soccer clubs, are actively supported by Binance.
Open FlipThe shares of Computer Age Management Services Limited logged a dip today. this dip came after the company informed that its board of directors had approved the payment of an Interim Dividend of Rs6.75 per equity share. The company also affirmed that the record date for the purposes of payment of dividends has been fixed as August 17, 2022.
Open FlipBank of England's governor has rebuffed accusations that he was too slow to take action to combat rising inflation. He pointed out that interest-rate inc a year ago would have damaged the recovery from the pandemic. "I would challenge anybody to have been sitting here a year, 2 years ago say there's going to be a war in Ukraine, and it's going to have this effect on inflation," he said.
Open FlipThe company's MSTR stock rose by 14 per cent following the announcement that Michael Saylor had resigned formally as the CEO. This is the biggest growth the stock has seen in three months. On the daily chart, MSTR's price surged by nearly 14.5% to $324.55 per share, the highest level since May 6.
Open FlipSVISH On-The-Go, a personal hygiene D2C brand has secured INR 10 Cr in a pre-Series A funding round led by Wami Capital. Existing investor LC Nueva AIF also participated in the fundraising round. The freshly infused funding will be used to expand its product portfolio in the body and oral categories, raise awareness about personal and intimate hygiene and strengthen customer engagement strategies.
Open FlipIn the last 24h, the cryptocurrencies that made significant moves to the upside are Flow (FLOW) 55.19%, Waves (WAVES) 12.43%, Trust Wallet Token (TWT) 10.92%, Zcash (ZEC)8.16%, and Fantom (FTM) 8.03%. On Friday, the overall market was in green with a 24-h trading volume of $63.7 Billion.
Open FlipVenky’s India Limited announced its results for April-June quarter. Its Profit before tax stood at Rs66.09 crore in Q1FY23 against Rs74.79 crore in Q1FY22, down by 11.63% on a y-o-y basis. Company’s Revenue for Q1FY23 stood at Rs1,229.35 crore, reflecting a sequential decline of 2.68% QoQ. Owing to this, the company’s shares plunge in Friday’s trading session.
Open FlipFlow (FLOW) logged its best daily performance on Aug.4 as it surged 60% in the last 24 hours. FLOW's latest price rally has turned it into an "overbought" asset, which could amount to an imminent correction. This move came straight after Meta announced that they are expanding their NFT initiatives to 100 countries. Flow currently trades at $2.97.
Open FlipThe shares of Orissa Bengal Carrier spiked after the company announced its results for Q1FY23 on Thursday. This multibagger logistics stock has been able to grab investors’ attention on Friday. The shares of the company went on to hit an intraday high of ₹130.40 apiece levels on BSE, logging around 16 per cent from its Thursday close of ₹108.70 apiece levels.
Open FlipBetterplace, a blue-collar workforce management startup, has secured $12 Mn (INR 96 Cr) led by its existing investor Singapore-based Jungle Ventures. The company intends to deploy the freshly infused funding expansion and meet general corporate purposes. Almost a year after raising had raised $24 Mn in its Series C round, Betterplace has come up with this fundraising.
Open FlipLeading South Korean digital asset exchange Bithumb is linking its system with mobile applications from three major domestic financial institutions : Samsung Securities, NH Nonghyup, and KB Kookmin Bank. “As digital assets move closer to traditional finance, we are thinking about ways for customers to manage their portfolios at ease,” Bithumb said.
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