Two of the world’s largest cryptocurrencies, Bitcoin and Ethereum, have shown some signs of stability after weeks of high gains. Bitcoin is more or less stable at the $110,400 level while Ethereum remains resilient above its $4,300 mark. This stability has shifted the focus to smaller digital tokens- also called Altcoins- as investors tread cautiously towards a diversified approach. According to Edul Patel, CEO at Mudrex, this easing of the bull run is a mix of technical and structural constraints. “Bitcoin exchange reserves have dropped to a seven-year low, signalling strong investor conviction and easing immediate sell-side pressure,” he explains.…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
Read More
Ahmedabad: Consumer Wellness Company Zydus Wellness Ltd has announced the acquisition of UK-based Vitamins, Minerals, and Supplements (VMS) company Comfort Click for £235 million. This marks the first acquisition of the Ahmedabad-based consumer wellness company, known for brands like Complan, Glucon-D and Nycil. With this deal, Zydus gains a strong entry in the health and wellness segment, especially in the US and Europe. Comfort Click operates leading online brands like WeightWorld (plant-based supplements), Animigo (natural pet health products) and Maxmedix (Paediatric-focused gummies). Through this, Zydus would be able to tap into Europe’s VMS market, currently worth £11 billion. The company’s…
Seoul: South Korea’s retail investors, once considered Tesla Inc’s most loyal fans, have been redeploying their investments from Tesla to cryptocurrencies, according to a report by Bloomberg. Korean traders were known to be behind Tesla’s stock rallies, where they owned about 1.6% of the company. In August this year, these investors pulled out almost $657 million shares in the company, investing them in cryptocurrency exchanges like BitMine Immersion Technologies instead. Bitmine holds almost $2.9 billion worth of Ethereum(ETH) tokens, making it the world’s largest holder of ETH. About $253 million of the Tesla stock has been redirected to BitMine, which…
New Delhi: After the Production Linked Incentive (PLI) scheme helped India become the world’s second-largest smartphone exporter, the Ministry of Electronics and Information Technology (MeitY) aims to replicate the same with the 4-day Semicon India conference at Yashobhoomi, New Delhi. Inaugurated by PM Modi, the conference will be attended by representatives from leading semiconductor manufacturers, including Micron, Sandisk, SK Hynix, TSMC and Nvidia. Hon’ble Prime Minister Shri @narendramodi inaugurates #SemiconIndia2025 in the presence of Delhi CM Smt. Rekha Gupta, Union Minister for Electronics & Information Technology, Shri Ashwini Vaishnaw and Minister of Commerce and Industry, Shri Jitin Prasada. pic.twitter.com/3c98IBBWoP —…
Mumbai: GetWork, India’s leading AI-powered instant hiring platform, has announced record-breaking growth led by surging adoption of its AI solutions, establishing itself as the country’s fastest-scaling HRTech company. AI contributed 46% of total revenues in FY25, a share that has already climbed to 57% in FY26, signalling the growing demand for AI-driven hiring across sectors. Building on this momentum, GetWork achieved 2.25x year-on-year growth in FY25—surpassing FY24’s 2.1x trajectory—and has carried this into FY26, with the first quarter registering the highest growth in its history. This performance firmly establishes GetWork as the country’s fastest-scaling HRTech company. Rahul Veerwal, Founder &…
From being considered a gamified novelty just a decade ago to being treated as an investment vehicle rivalling blue-chip technology stocks, cryptocurrencies have come a long way. Early movers who sensed an opportunity much earlier than anyone else did have reaped rich returns on their investments. Invented to bypass conventional middlemen in the financial economy, cryptocurrencies have emerged as an alternative to blue-chip shares and commodities investments. Though many associate cryptocurrencies with Bitcoin, there are other such tokens which have offered great returns on investments as well. Here, we look at 10 such cryptocurrencies that have attracted equal, if not…
Mumbai: The Tata Group’s financial services arm, Tata Capital, is all set to launch its IPO by the end of September. Currently, the Tata Group’s holding company Tata Sons holds a 88.6% stake in the company, while the World Bank-supported International Finance Corporation (IFC) holds 1.8% in the company. According to the updated draft red herring prospectus (DHRP), Tata Sons is expected to sell 23 crore shares in the company while the IFC will divest 3.58 crore shares through the Offer For Sale (OFS) component in the issue. Besides this, 21 crore fresh equity shares will also be issued in…
Mumbai: Reliance’s highly anticipated AGM on Friday, August 29 offered deep insights into the ambitions of India’s richest and most influential businessman- Mr. Mukesh Ambani. Known for his penchant for sensing opportunities and implementing disruptive solutions, Mr Ambani made several announcements that reiterated his ambitions to expand Reliance’s (and the Jio brand’s) reach deeper into India’s economy. These were the standout announcements: Succession Plans At the AGM, Mr Ambani explained how his three children are actively involved in the everyday operations of the company. “Under the mentorship of senior leaders and independent directors, they are becoming the kind of leaders…
New Delhi: Groww, the Bengaluru-based fintech discount broker, has secured the crucial SEBI approval to raise up to $1 billion (Rs.8,300 crore) through an IPO. The company has grown by leaps and bounds since its inception in 2016, eventually becoming India’s top broker by adopting an enhanced version of market pioneer Zerodha’s no-frills discount broking strategy. In May 2025, the company was in the news for spending $150 million to acquire digital wealth management company Fisdom. According to reports back then, the company was in the process of filing for its IPO, even as it raised $202 million from Singapore-based…
Mumbai: Snehaa Organics, a provider of solvent and sustainable solutions, has announced the launch of its Initial Public Offering (IPO) that opens for subscription on August 29. The company is looking to raise Rs.32.68 crore through a fresh issue of 27 lakh equity shares. The price band for the same is Rs.115-122 per share. The company aims to use the proceeds to meet the company’s working capital needs, repay/prepay loans and general corporate purposes. Currently, the company has an installed capacity of 60KL kettles and 27 KL reactors for its solvent and purification solutions. The company aims to improve its…
