IPO-bound Swiggy slashes valuation target by 10-16% to .5-.5 billion over market volatility: Report | Stock Market News

IPO-bound Swiggy slashes valuation target by 10-16% to $12.5-$13.5 billion over market volatility: Report | Stock Market News

Source: Live Mint Food delivery giant Swiggy is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16 per cent due to market volatility, according to news agency Reuters. Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be…

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RBI Alert List: THESE forex trading platforms are not authorised to deal in foreign currency | Mint

RBI Alert List: THESE forex trading platforms are not authorised to deal in foreign currency | Mint

Source: Live Mint If you regularly invest in foreign exchange (forex), then make sure you do so through genuine and authorised trading platforms. There could be a scenario wherein a fake trading platform entices you into investing in foreign currency pairs. The Reserve Bank of India (RBI) recently updated its Alert list to warn investors…

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Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions | TheSpuzz

Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions | TheSpuzz

Source: Bitcoinist As the 2024 BRICS Summit commences in Kazan, Russia, discussions surrounding cryptocurrency have taken center stage. Lawmakers from Brazil, Russia, India, China, and South Africa are exploring the potential for Russian miners to leverage Bitcoin in international trade, aiming to circumvent the stringent sanctions imposed by the United States. Lawmakers Propose Bitcoin Sales…

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HUL’s demand woe is a sticky issue

HUL’s demand woe is a sticky issue

Source: Live Mint India’s largest household goods company Hindustan Unilever Ltd’s (HUL) struggle with muted volume growth is turning into a persistent concern. In the September quarter (Q2FY25), underlying volume growth stood at 3%, missing analysts’ expectation of 5%—hinting that India’s much-touted consumption story may be losing momentum.  Weak demand, coupled with persistent food and…

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Bitcoin To 0,000 By 2025 End Is ‘Conservative’ Target, Analyst Predicts | TheSpuzz

Bitcoin To $200,000 By 2025 End Is ‘Conservative’ Target, Analyst Predicts | TheSpuzz

Source: Bitcoinist According to institutional-grade research firm Bernstein analysts, Bitcoin (BTC) reaching $200,000 by the end of 2025 would be a “conservative” estimate. Bitcoin To $200,000 By 2025 End? Although BTC remains range-bound, just below its all-time high (ATH) of $73,737, analysts at Bernstein believe their current price prediction of $200,000 for the digital asset…

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