Tag Archives: investors

[ad_1] The stock market has punished Apple this year for failing to offer a vision of where its future growth will come from. The shares caught a bid on Thursday after the tech giant took a step toward providing an answer.Apple’s decision to overhaul its Mac computer line to focus …

[ad_1] BENGALURU: Global investors dumped equity funds for the second consecutive week in the week ended April 10, amid persistent inflation worries and diminishing expectations for a US Federal Reserve rate cut in June. Economic data released on Wednesday showed US consumer prices increased more than expected in March, casting …

[ad_1] NEW DELHI: Byju Raveendran, the founder of the troubled edtech giant Byju’s, has reached out to disgruntled investors in a bid to reconcile, announcing a board consideration of an offer on renounced shares. This move aims to address investor concerns over dilution of their stakes following a rights issue …

[ad_1] MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a group of investors, stating that their move to disable the company from using the funds raised through the rights issue has hindered disbursement of salaries to employees. “….I regret to inform you that we …

[ad_1] MUMBAI: The National Company Law Tribunal (NCLT) on Tuesday reserved its judgement on the plea filed by a few of Byju’s investors seeking the court’s intervention to declare the firm’s rights issue as void and the founders as unfit to run the company, citing oppression and mismanagement. This essentially …

[ad_1] NEW DELHI: Four Byju’s investors has filed a lawsuit against the management of company before Bengaluru bench of the NCLT. They are seeking to declare the founders, including CEO Byju Raveendran, as unfit to run the company and appoint a new board. The investors have also requested a forensic …

[ad_1] Driving the News:Indian stock markets continued their upward trajectory for the fifth consecutive session, pushing the Nifty and Sensex to record highs. The rally was buoyed by robust investor sentiment, with the market capitalisation of BSE-listed companies hitting an unprecedented Rs 3.91 lakh crore.Why the rise: The BSE Sensex …

[ad_1] Sovereign Gold Bonds: Investing in Sovereign Gold Bonds (SGBs) can be beneficial for individual investors seeking to protect their savings with gold. If the need arises to cash out prematurely, investors can do so without facing income tax on their gains. The premature redemption window opens for 21 days. …

[ad_1] Illustration by Elham Ataeiazar Daryn Carr is no stranger to side hustles. After his mom died from Covid in 2020, he used funds from her pension to pay off some bills and buy a car. With the remaining money, he invested in crypto and started an ATM business.  One …

[ad_1] NEW DELHI: Promoter Ajay Singh-led airline SpiceJet said it has completed raising the first tranche of capital infusion worth Rs 744 crore through the allotment of securities on a preferential basis.SpiceJet, which has been facing multiple headwinds, said in a media statement that its Board of Directors met on …