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Source: Bitcoinist The US Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital LLC, a crypto mining company, and its managing member Eng Taing over multiple securities law violations. The US securities regulator claims the defendants allegedly deceived investors and misappropriated funds to the tune of $115 million. SEC Vs. Touzi Capital…
Source: Live Mint 2024 has been a landmark year for the Indian initial public offer (IPO) market, with an unprecedented surge in fundraising and retail participation. The allure of quick wins has led to massive oversubscriptions, especially in the small and medium enterprises (SME) segment. Strong listing gains have further fuelled this frenzy. While foreign…
Source: Live Mint The Nifty 50 fluctuated widely in November, driven by concerns over stretched valuations, weak performance by Indian Inc in Q2 and persistent selloffs by foreign investors, causing the index to oscillate consistently between gains and losses. The uncertainty was further exacerbated by global economic headwinds, including rising tensions between Russia and Ukraine,…
Source: Live Mint Prior to investing in a mutual fund scheme, it is worthwhile to examine the paste returns of that scheme in relation to other schemes in the same category. Although past returns do not a scheme’s future returns, these are still important for understanding the future investment potential of a scheme. Other factors…
Source: Coin Tegraph NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million. Read Full Article
Source: Live Mint Buy or Sell: Last week, as anticipated, with the monthly expiry approaching, both the Nifty and Bank Nifty indices were in oversold conditions. This created potential for a significant rebound, which materialized as both indices saw notable upward movement toward their respective resistance levels. The Nifty Index broke through the 24,000 mark,…
Source: Bitcoinist Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December. This upcoming…
Source: Live Mint A number of key decisions were taken in the 236th meeting of Central Board of Trustees (CBT), EPFO on Saturday. These changes relate to paying a higher interest to subscribers, Investment in InvITs and REIT, and redemption Policy for ETF investments. The meeting was headed by Mansukh Mandaviya, Union Minister for Labour…
Source: Live Mint The Indian primary market is set to witness significant market activity related to the public listings of eight initial public offerings (IPOs), including Suraksha Diagnostics, Apex Ecotech, Ganesh Infraworld, and Agarwal Toughened Glass India, etc. The stock market will also witness the opening of one mainboard IPO and two small and medium…
Source: Coin Tegraph South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. Read Full Article
