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Musk on Thursday claimed that funding actually had been secured to take Tesla private in 2018. He settled with U.S. securities regulators over what the agency found to be false statements, paying fines and agreeing to have a lawyer approve some of his tweets before posting them.

Moneyboxx Finance to raise Rs 100 crore this fiscal

Updated at : 2022-04-18 08:20:02

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The non-banking finance company plans to raise the capital in two phases. It is in the process of raising Rs 20 crore next month from high-net worth individuals. This would be followed by another Rs 80 crore equity raising later in the fiscal from institutional investors, said Deepak Aggarwal, co-founder and co-chief executive officer.

Cyber security, building resilient supply chains, data protection to drive spends: Gopinathan

Future lenders await RIL's debt distribution plan

Updated at : 2022-04-18 08:20:02

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The distribution plan would spell out the quantum of debt - currently on the books of the Future Group - that would be absorbed by Reliance entities and the amount which will stay with Future Enterprises (FEL). Shareholders and creditors are scheduled to vote on the scheme on April 20 and April 21, respectively.

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Gold prices gained on Monday, touching their best level since mid-March as the Russia-Ukraine crisis drove investors to the safety of bullion. Spot gold was up 0.5% at $1,984.20 per ounce, as of 0025 GMT, its highest since March 14. U.S. gold futures edged up 0.8% to $1,990.20.

MindTree, Mishtann Foods, Sheetal Cool, Swiss Military Consumer, Star Housing, DRC Systems India and SM Gold are among the companies that will announce their March quarter results today.

Corporate Radar: Stock split, bonus, EGM & more

Updated at : 2022-04-18 08:20:02

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In a stock split, existing shares split but the underlying value remains the same. As the number of shares increases, the price per share goes down.

“Nifty is unlikely to break below 17,300. Buy on dips is likely to emerge supporting the market. Financials have the potential to support the market,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

3 things to consider before you start investing

Updated at : 2022-04-17 17:25:04

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"Do not invest till you have credit card debt."

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The company has time till November this year to list the IPO. About Rs 370 crore would be the primary offering, he said.

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