Tag: billion
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Bajaj Housing Finance Shares Surge Over 130% on Blockbuster IPO Debut, Valuing the Firm at $15.6 Billion
Category Business LineBajaj Housing Finance Ltd., a subsidiary of Bajaj Finserv, made a stunning debut on the Indian stock market on Monday, with its shares more than doubling from their initial public offering (IPO) price. The shares soared by a staggering 130%, underscoring the massive demand for the company’s stock following one of the most anticipated IPOs…
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Drone Certification in India: National Testing House (NTH) Approval Propels Burgeoning Industry Towards USD 1.437 Billion by 2029
Category Business LineThe Indian drone industry is on the cusp of transformative growth, following the certification approval granted to the National Testing House (NTH). With projections estimating the market to soar to USD 1.437 billion by 2029, this development marks a significant milestone for India’s drone ecosystem. As the industry continues to expand, the NTH certification paves…
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JetBlue jumps 20% after shock profit, $3 billion airplane spending deferral
A JetBlue Airways jet comes in for a touchdown after flights earlier were grounded at some level of an FAA machine outage at Laguardia Airport in Unique York City, Unique York, U.S., January 11, 2023. Mike Segar | Reuters JetBlue Airways shares jumped 20% on Tuesday after the airline posted a shock profit and said…
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Ola Electric to Launch IPO Next Week: Valuation at $4.4 Billion – Is It the Best Option to Buy?
Ola Electric, India’s leading electric scooter manufacturer, is set to launch its initial public offering (IPO) next week, with a valuation estimated at around $4.4 billion. As the company prepares for this significant milestone, potential investors are evaluating whether this is the best opportunity to invest in the burgeoning electric vehicle (EV) market. This comprehensive…
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How Visa employed man made intelligence to verify $40 billion in fraud as scammers additionally take to AI
Blocks forming robot on white background. Yuichiro Chino | Moment | Getty Shots Funds extensive Visa is the utilization of man made intelligence and machine finding out to counter fraud, James Mirfin, international head of threat and identity options at Visa, told CNBC. The company refrained from $40 billion in groundless remark from October 2022…
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Google reportedly in evolved talks to trace cyber startup Wiz for $23 billion, its most attention-grabbing-ever deal
Sundar Pichai, CEO of Alphabet Inc., all through Stanford’s 2024 Change, Authorities, and Society forum in Stanford, California, April 3, 2024. Justin Sullivan | Getty Photos Google is in evolved talks to trace cybersecurity agency Wiz for $23 billion, The Wall Avenue Journal reported Sunday, citing people accustomed to the topic. The people acquainted told…
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Britain’s largest water utility placed below particular measures as it grapples with $15 billion debt pile
Engineers from a Thames Water leak making an try group unloads equipment from their van all thru a night shift in London, UK, on Wednesday, Would possibly well additionally 2, 2023. The executive govt of Britain’s largest water dealer stepped down with instantaneous discontinue on Tuesday. Bloomberg | Bloomberg | Getty Photography LONDON — British…
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Treasury, IRS snort ‘vital milestone’ of $1 billion in previous-due taxes mute from millionaires
Internal Revenue Carrier Commissioner Danny Werfel testifies forward of the Apartment Appropriations Committee on Capitol Hill in Washington, Also can merely 7, 2024. Kevin Dietsch | Getty Photography Details | Getty Photography The U.S. Department of the Treasury and the IRS on Thursday launched what they known as a “vital milestone” of gathering bigger than…
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BP shares drop 3% after warning of as a lot as $2 billion impairment, outmoded refining margins
BP in 2020 build out its ambition to change into a catch zero company “by 2050 or sooner.” Matt Cardy | Getty Photos Files | Getty Photos BP shares dropped on Tuesday after the firm flagged it expects to put up an impairment of as a lot as $2 billion within the 2nd quarter and…
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Stolen crypto doubled to $1.38 billion in the important half of 2024, compare firm says
Filip Radwanski | Sopa Photos | Lightrocket | Getty Photos Hackers greater than doubled their cryptocurrency spoils in the important half of 2024 as in contrast with a year previously, a squawk from blockchain compare firm TRM Labs confirmed. The squawk acknowledged $1.38 billion rate of crypto modified into once looted between Jan. 1 and…
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Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears
Cryptocurrencies plunged Friday as investors focused on the payout of almost about $9 billion to users of collapsed bitcoin substitute Mt. Gox. Bitcoin’s tag used to be final decrease by almost about 3% to $56,571.00, per Coin Metrics. Earlier within the day, the enviornment’s largest cryptocurrency had slumped as little as $53,513.55, marking its first…
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Amazon’s $15 Billion Investment in India: Strategic Expansion Amid Challenges
Amazon commits an additional $15 billion investment in India by 2030, bringing its total to $26 billion. Explore the strategic significance and challenges of this expansion in one of the fastest-growing markets.
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After Adobe crumple, Figma deal permits workers to sell shares at $12.5 billion valuation
Dylan Field, co-founder and CEO of Figma, speaks on the startup’s Config conference in San Francisco on May well additionally merely 10, 2022. Figma Figma, a cloud-primarily primarily based make instrument company, talked about Thursday it must allow investors, together with fresh and prone workers, to sell their shares in a young provide that values…
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Guo Wengui chief of crew Yvette Wang pleads responsible to $1 billion fraud conspiracy in Contemporary York
Fugitive Chinese language billionaire Guo Wengui preserve a files conference on November 20, 2018 in Contemporary York, on the death of of tycoon Wang Jian in France on July 3, 2018. Don Emmert | AFP | Getty Photos The executive of crew to controversial exiled Chinese language businessman Guo Wengui pleaded responsible in Contemporary York…
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Apple publicizes greatest-ever $110 billion share buyback as iPhone sales drop 10%
Apple shares climbed 7% in prolonged procuring and selling on Thursday after the iPhone maker reported fiscal 2d-quarter earnings that topped estimates and announced an expanded stock buyback program. Apple announced that its board had authorized $110 billion in share repurchases, a 22% develop over last 300 and sixty five days’s $90 billion authorization. Or…
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Exxon Mobil reaches settlement with FTC, poised to shut $60 billion Pioneer deal
A ogle of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters The Federal Change Commission will wave thru Exxon Mobil‘s roughly $60 billion acquisition of Pioneer Pure Resources after reaching an settlement with the energy big, a offer accustomed to the topic told CNBC. The FTC will now not block the deal…
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Exxon Mobil reaches settlement with FTC, poised to discontinuance $60 billion Pioneer deal
Category UncategorizedA take into yarn of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters The Federal Alternate Price will wave thru Exxon Mobil‘s roughly $60 billion acquisition of Pioneer Pure Resources after reaching an settlement with the vitality broad, a offer conversant in the topic told CNBC. The FTC will no longer block…
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AMD says this can promote $4 billion in AI chips this three hundred and sixty five days, stock drops on in-line forecast
Lisa Su, president and CEO of AMD, talks relating to the AMD EPYC processor all thru a keynote tackle at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters Superior Micro Gadgets reported first-quarter earnings and gross sales on Tuesday that were a tiny bit earlier than Wall Avenue…