TheSpuzz Desk

Poonawalla Fincorp stock crashes nearly 17% after NBFC posts  ₹470.83 crore Q2 loss | Stock Market News

Poonawalla Fincorp stock crashes nearly 17% after NBFC posts ₹470.83 crore Q2 loss | Stock Market News

Source: Live Mint Shares of Poonawalla Fincorp, the Cyrus Poonawalla Group-promoted non-banking financial company (NBFC), crashed on Friday after the firm posted a net loss in the September quarter of the financial year 2024-25. Poonawalla Fincorp shares tanked 16.89 per cent to ₹297.65, compared to ₹358.15 at the previous market close. The company released its…

Read More
Tether Proposes Bold Plan: Boron-Backed Tokens For Turkey’s Market—Here’s Why

Tether Proposes Bold Plan: Boron-Backed Tokens For Turkey’s Market—Here’s Why

Source: Bitcoinist Tether Holdings Ltd., the issuer behind the world’s largest stablecoin USDT, has proposed an ambitious plan to Turkey’s government. The plan aims to “modernize” the country’s boron market using blockchain technology. The proposal involves creating digital tokens backed by borate minerals, a key resource where Turkey controls over 70% of the global supply….

Read More