Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks edge higher despite rising bond yields; Amazon shares jump 15%
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Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Sebi imposes penalty of Rs 1.48 crore on Zee Entertainment
SEBI also said it barred the company’s CEO Punit Goenka and founder Subhash Chandra from the securities market for one year for violating the securities law.
Zee shareholders approve Rs 3,143 crore promoter fund infusion, ESOP plan
Zee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, paving the way for higher promoter ownership of 23.79%. Investors also cleared the company’s new ESOP scheme, aimed at boosting employee ownership as Zee strengthens its financial position and pursues future growth.
Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks seesaw as bond yields rise and AI spending surges
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 years
Apple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are straining global supply chains. The stock is on track for its worst one-day fall in more than six years, putting nearly $500 billion in market value at risk and lifting Nvidia’s valuation lead.
Amazon shares surge 13% as cloud growth eases AI spending fears
Amazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the company’s AI investments. AWS posted its fastest revenue growth in over four years, while management’s upbeat outlook helped ease concerns over the scale of Big Tech’s capital spending on artificial intelligence.
NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO
NSE has paid the remaining Rs 714.74 crore to Sebi, completing the Rs 1,491.21-crore settlement of the long-pending colocation and dark fibre cases. The payment follows Sebi’s in-principle approval and clears a key hurdle as the exchange moves closer to its planned Rs 30,000-crore IPO.
IOC slips into loss in Q1 on holding fuel prices despite rise in cost
Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency improvements and higher margins from refining. The company celebrated record highs in crude throughput and a drop in fuel losses, with petrol and diesel sales reaching impressive quarterly figures. Moreover, IOC successfully secured crude…
Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks seesaw as bond yields rise and AI spending surges; Apple shares slump 9%
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Eric Trump-backed defence technology company Space-Eyes to go public in $638 million SPAC deal
Space-Eyes, a leader in defense technology, has announced its merger with McKinley Acquisition Corp. In a move to enhance strategic oversight, Eric Trump will join as a strategic adviser. The new entity will focus on AI-enhanced counter-drone technology and geospatial intelligence, aiming to elevate global operations and government partnerships. This significant merger values the enterprise…