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The transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial year. Post the transaction, Tencent arm holds 0.72 per stake in Flipkart which is valued at around USD 264 million, as per last valuation of USD 37.6 billion disclosed by the e-commerce firm in July 2021.

Jack Dorsey announced a new crypto project—“Web5: The Decentralized Web Platform” on Friday on Twitter and in-person during a Web3 festival. While Web 5’s monetary layer will be built on the foundation of Bitcoin, the other technologies underpinning Web 5 are borrowed from myriad areas of cryptography and computer science.

Dorsey and Shawn Corey Carter, better known as “Jay-Z,” said they wanted to educate residents about Bitcoin after seeing how the cryptocurrency became a “critical tool for many in Africa and Central and South America,” Dorsey said on Twitter.

While it is something relatively new, on one hand we can say that it is not new, but an age old practice, which is adhering to the Triumvirate of Indian values – more commonly known as “Satyam, Shivam, Sundaram”. Satyam (truth) is the ethical component of business, the key ethics that need to be adhered to at the core, whether in business or profession or whatever we do

Stock prices of upstream PSU firms like ONGC and Oil India have gone up 13-46 per cent in the past six months despite 67 per cent rise in Brent crude price and 110 per cent hike in domestic administered price mechanism (APM) gas based on windfall tax gain concerns,” global financial advisory firm Elara Capital said.

“You buy a stock because you feel for the next many years there will be growth, the stock would double and triple and quadruple, I do not see that happening, it is a completely matured business, there is nothing in LIC, no reason to buy it or hold it”.

The hotel industry witnessed a demand revival in leisure and corporate travel, pushing up occupancies and leading to higher average room rate (ARR).​Players can command better ARR from pre-Covid levels, with travel making a strong comeback

Treasury yields soared to levels last seen in 2008 as traders braced for the possibility that the Federal Reserve will raise interest rates by 75 basis points next month after executing the first half-point hike since 2000.

FPIs have net sold Rs 13,888 crore worth of stocks so far in June, NSDL data showed. "Basically, the foreigners have taken a view that Indian markets continue to be relatively overvalued in the face of rising inflation and rising global interest rates and they are sellers on all days,” Deepak Jasani, Head of Research - Retail, at HDFC Securities said.

Ethereum is moving to what’s billed as a less-energy intensive process known as proof-of-stake from its current proof-of-work mechanism. Under the system upgrade known as the Merge, so-called solo-staking requires setting up dedicated hardware and holding a minimum amount of 32 Ether, valued at about $54,000, based on current prices