18 new franchises in 2 new states i.e in North India and West Bengal have been opened by Add-Shop E-Retail Ltd. Wherein, the company has inaugurated 11 new franchises in North India and 7 franchises in West Bengal. This will foster the company's retail business in both states. The firm further announced that it has got a good response with our products from both of these states.

In the past 12 hours, more than $275 million in market capitalization has been liquidated from the cryptocurrency market. A drop in prices of all digital currencies has taken a hit on the total market capitalization, falling below $1.5 trillion In the last 24 hours. The liquidation value can rise to billions if the bearish trend continues.

Surya Roshni Ltd announced that it has bagged orders valued at ₹53.06 cr (including GST). The work cloaked is for the project to supply API 5L Grade X 70 3LPE Coated pipes from GAIL (India) Limited. According to the company, the orders further have been awarded by the Domestic PSU. The time period by which the order is to be accomplished is within 8 months from the order raised.

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A company providing transportation services, Frontline Corporation Limited has acquired a work contract from GHCL Limited, which is one of the leading manufacturing companies. With this work order for transportation of Salt for transportation of approx. 40,000 MT in Gujarat for a period up to July 31, 2022. Additionally, The current market cap of Frontline Corporation Limited stands at ₹13.58cr.

On Monday, about $1.4 billion in Bitcoin (BTC) was apparently moved from a wallet linked to Luna Foundation Guard (LFG) when Bitcoin's price fell more than 11%. Blockchair disclosed that the LFG wallet had sent 42,530.82827771 BTC, while the destination was unknown. Reports say a portion of the 42.5k BTC was sent to cryptocurrency exchange OKEX.

MakeMyTrip announced that it is planning to boost its business-to-business segment. The travel company is focusing on large corporates and micro, small and medium enterprises to hit the opportunity. As of now, MMT has over 1,650 mid-to-large corporates and over 30,000 MSME clients. Additionally, the company has engaged over 2,6000 digital travel agents as part of its larger plans.

Metadatacity's president, Ang Jin-Woo, has announced the Initial Exchange Offering (IEO) of Metaverse Hub MDC Coin. This coin will be used as the payment method for the Metaverse Hub Metadatacity ecosystem. With a volume of 1 billion coins and a listing price of $0.08, the MDC Coin will be available on mdcc365.com and other major coin exchanges.

Delhivery Ltd., which is a logistics services player with an IPO to rally around ₹5,235cr will end on 13th May 2022. The Choice Equity Broking suggested a higher price band of ₹487, demanding an EV/TTM sales multiple of 4.7 times. Which is at a premium to the peer average of 2.9x. Also see the company’s loss-making operations, giving it a Subscribe with Caution rating for the issue.

Xangle, a South Korean cryptocurrency disclosure platform, has closed a $17 million Series B funding round. KB Investment, Shinhan Capital, Premier Partners, & IMM led the Series B funding round. Shinhan Capital, one of its investors, formed a strategic collaboration with Xangle.Through the partnership, companies plan to launch crypto-related services that will be made available on both platforms.

Shares of Voltas slipped in the morning session today, a day after the company came out with its Q4FY22 result. Further, Credit Suisse's research firm has downgraded the stock to 'Underperform' from 'Neutral' and has trimmed the target to ₹975 from ₹1,255. Similarly, CLSA has retained a 'Sell' and has cropped the target price to ₹1,000. It has deducted the EBITDA predictions by 2-6%.

Many of the most valuable NFT projects have seen their floor prices drop by 20% or more in the last 24 hours. The Bored Ape Yacht Club, CryptoPunks, and Moonbirds have taken a severe crypto crash hit. The cheapest Bored Ape is now available for 86 ETH. The floor price has dropped by roughly 55 percent in just ten days.

BlackSoil, which is a credit platform has bagged about ₹180 crores via non-convertible debentures, bank debt, and other instruments for its non-banking financial company. The NCDs consists of a three-year tenure, which is raised from ultra-high networth individuals, high-networth individuals, and family offices, the largest of whom are returning investors as well as from banks and institutions.

The Farrah Fawcett NFT collection, based on the world-famous red bathing suit poster, is presently on display at Resorts World Las Vegas. This will allow NFT collectors, admirers, and cryptocurrency enthusiasts to witness the collection in person at Resorts World Las Vegas. According to the Farrah Fawcett Foundation and MORE Management, the collection will go on sale on May 17-23.

Prudent Corporate Advisory Services Ltd grew faster and among the top 10 mutual fund distributors in India. In order to justify the valuations, the company's IPO is wealthily priced and will have to continue growing its business at a speedy growth rate. Therefore, Anand Rathi's research firm has suggested the valuations and outlook of the IPO Subscribe for a Long Term rating.