Multibagger defence stock rises 15% on Q1 earnings, raising of funds
Shares of Premier Explosives rose over 15% on Wednesday after the company reported its Q1 earnings. The board of the firm also cleared raising of funds up to Rs 300 crore. Premier Explosives stock rose 15% to Rs 491.90 against the previous close of Rs 426.90 on BSE. Total 1.03 lakh shares of the firm changed hands amounting to a turnover of Rs 4.97 crore on BSE.
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Read MoreSEBI rejects Anil Ambani’s settlement plea over Yes Bank investments
The Securities and Exchange Board (SEBI) has turned down a settlement proposal from industrialist Anil Ambani regarding charges linked to investments in Yes Bank, placing him at risk of a $208.4 million penalty. SEBI’s investigation uncovered that Ambani’s Reliance Mutual Fund invested $245.3 million in Yes Bank’s additional Tier-1 bonds before the bank’s 2020 insolvency.
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Read MoreTexas groups form mutual aid funds for illegal immigrants after in-state tuition repeal
Groups aims to lower tuition costs for illegal immigrant students
Several Texas nonprofits have formed mutual aid funds for illegal immigrant students after a federal judge struck down a state law allowing them to receive in-state tuition.
Students Engaged in Advancing Texas and Texas Students for DEI recently established an emergency fund called Keeping the Texas Dream,
Read MoreShocking! Over 10,000 fake TikTok and Facebook shops used to spread malware and steal cryptocurrency: Report
Cybersecurity researchers have reportedly uncovered a large-scale campaign in which cybercriminals are using TikTok Shops to distribute malware and defraud users, particularly younger customers.
AI-generated content used to mimic real sellers
According to TechRadar, security analysts at CTM360 found that the perpetrators impersonate legitimate e-commerce sellers,
US-China Trade War:10 Key Turning Points in the Far-Reaching Conflict
Politics
The trade war between the United States and China began in 2018 and escalated into one of the most significant economic conflicts in recent history. The tension originally centered on issues like intellectual property theft,
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Read MoreThe Burst
Market Commentary: Up 193% So Far, Can This Quantum Stock Soar Higher?
Back in 2015, a team of engineers from the University of Maryland came together with an idea to develop and manufacture quantum computers which can be used to solve a variety of problems that are currently intractable with classical computers, such as…
Read MoreThe Ivy
Billionaire Bill Gates Has $21 Billion In Only 2 Stocks
Billionaire Bill Gates doesn’t follow the pattern of investing that esteemed academics recommend. Any Ivy League business school in the country will advocate for diversification, so why then does Bill shun the advice of academics and put all his eggs into just a few baskets?
One answer is that it’s precisely the approach that made him rich.
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