Wednesday, May 25, 2022

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Mark Zuckerberg loses almost $30 billion in net worth in one day, Mukesh Ambani and Gautam Adani now richer than Facebook founder

The biggest ever single-day market value wipeout has pulled down founder and Chief Executive Officer Zuckerberg's net worth to $85 billion.

Netflix CEO anguished over its poor performance in India after shares plummet by 21%, netizens blame its ‘woke bullsh*t’

"The thing that frustrates us is why haven’t we been more successful in India," Netflix CEO Reed Hastings had said.

Tata Group Companies led by Tata Motors register an impressive rally on the stock market, share prices rise by up to 20%

Tata Motors share price grew by 20 per cent on Wednesday to Rs 506 on the back of an Rs 7,500 crore agreement with TPG Rise Climate

Kitex Garments Ltd stock surges in the last five days after the company announced its exit from Communist-ruled Kerala: Read details

Kerala-based Kitex Garments Ltd. shares have gained nearly 25% in the last five days after the textile company decided to quit Communist-ruled Kerala

Twitter stock loses nearly 25% in market value ever since it started interfering in Indian political affairs

The war with sovereign nations has hit Twitter financially as share prices of the micro-blogging site have taken a hit

Donald Trump mocks Twitter after stocks stumble 15%, slams them for silencing free speech: Details

Donald Trump said that this was the price the social media giant Twitter was probably having to pay for stifling free speech

Bombay Oxygen Investment’s stock prices soar amidst rising demand for oxygen during Covid crisis, except it doesn’t manufacture the gas

Investors had invested their money in Bombay Oxygen Corporation Ltd thinking it is into the production of oxygen, but the company is listed as an NBFC on Bombay Stock Exchange.

David beats Goliath: Retail investors cause hedge funds to lose billions of dollars for trying to short-sell Gamestop stock

GameStop stock price surged after retail investors organised on Reddit decided to teach short-seller hedge funds a lesson

A day after Tanishq ad controversy, Titan stock prices drop by 2.58 per cent

Titan, which owns the Tanishq jewellery brand, did not fare too well at the stock market on Tuesday.

Budget 2020 fulfils a long-standing demand of startup community, defers tax payment on ESOPs for 5-years

Finance minister proposes to defer payment of tax on ESOPs by five years in budget 2020

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