Billion dollar twist – Adani Group cancels $2.5 billion FPO, will return money to investors
In a drastic turn of events, Adani Group owned by Gautam Adani has decided to cancel its follow-on Public Offer...
Major announcements in the Union Budget for FY 2023-24
Finance Minister of India Nirmala Sitharaman presented the Union Budget for FY 2023-24 on Wednesday. In the budget speech which...
Who is an activist investor and how are they taking on big tech currently?
Elliott Investment Management, a prominent activist investor firm based in West Palm Beach, Florida, has reportedly made a multi-billion dollar...
Every Fortune 500 CEO that has taken a pay cut in 2023
Following a revenue boom in 2021, companies suffered a huge decrease in revenue and profits in 2022 due to economic...
8 jobs that will become obsolete due to ChatGPT
From stories of emotionally capable robots in Star Wars in 1977 to the development of AI-based chatbot ChatGPT in 2022,...
What is Naked Shorting? Is AMC stock suffering from Naked Shorting?
Following the allegations that short sellers are using predatory practices such as 'Naked shorting' against stocks of AMC Entertainment Holdings,...
Hindenburg Effect – Adani Group stocks crash for 2nd trading session; Lose $50 billion market value
Shares of companies owned by Adani group continued to tumble in the Indian stock market for the Second straight trading...
ChatGPT believes Bitcoin could bring about the end of fiat currencies
According to Parman, an expert on ChatGPT and writer, ChatGPT reportedly told that Bitcoin (BTC) would bring about the end...
What is a T+1 Settlement Cycle? And why India adopting it is a Big Deal for the Global Stock Markets.
In a major boost for the Indian stock market, all trades in the equity cash segment (including Futures and Options...
Are the Days of Rest and Vest in Big Tech Over?
Amidst the severe economic crisis and massive layoffs in the tech sector, discussions regarding 'rest and vest' culture are back...