FTX Disputes the Sale of EU Assets to Ex-Employees Is Complete

Post Views: 103 (Bloomberg) — The question of who owns the European unit of Sam Bankman-Fried’s former crypto enterprise appeared to be settled: Dubai-based Backpack Exchange said it had purchased FTX EU after months of wrangling. Backpack, a crypto trading platform founded by one-time employees of Bankman-Fried’s FTX and Alameda Research businesses, said the $32.7 … Read more

Indian shares edge lower on worries over likely moderation in earnings

Post Views: 75 (Updates at 10:07 a.m. IST) Jan 9 (Reuters) – India’s benchmark indexes fell on Thursday, as worries over a likely moderation in corporate earnings for the December quarter and concerns over fewer rate cuts in the U.S. weighed on sentiment. The Nifty 50 fell 0.2% to 23,645.9 points as of 10:27 a.m. … Read more

Multibagger stock Borosil Renewables share price hits 5% upper circuit amid expansion plans

Post Views: 124 Stock market today: Shares of Borosil Renewables, a leading solar glass manufacturer and a subsidiary of the Borosil Group, were locked in the 5% upper circuit for the third consecutive day on Thursday, January 9, at ₹603.10 apiece.  Today’s rally in shares followed the company’s announcement of a 50% expansion in its … Read more

US Fed minutes show officials were eager to slow interest-rate cuts

Post Views: 78 Federal Reserve officials in December adopted a new stance on rate-cutting amid elevated inflation risks, deciding to move more slowly in the months ahead. “Participants indicated that the committee was at or near the point at which it would be appropriate to slow the pace of policy easing,” minutes from the Federal … Read more

PTC India share price falls over 2%, hits 52-week low, after BlackRock trims stake

Post Views: 107 PTC India share price declined over 2% on Thursday to hit a 52-week low, after BlackRock reduced stake in the company. PTC India shares declined as much as 2.53% to touch a fresh 52-week low of ₹140.15 apiece on the BSE. BlackRock, on behalf of discretionary management clients, has cut stake in … Read more

Bonus shares 2025: Anand Rathi Wealth share price surges 7.5% as board to consider bonus share issue

Post Views: 120 Bonus shares 2025: Shares of Anand Rathi Wealth, a financial services company, spiked 7.5 per cent in early morning trade on Thursday, January 9 as the company informed that its board will consider a bonus share issue next week. The company informed stock exchanges in a filing on Wednesday, post-market hours, that … Read more

Strong debut! Parmeshwar Metal shares list at ₹84.50 on BSE SME, up 38.52% from IPO price

Post Views: 125 Parmeshwar Metal IPO listing: Parmeshwar Metal shares made a strong debut on Thursday, January 9, listing at ₹84.5 on BSE SME, a premium of 38.52 percent from issue price of ₹61. Parmeshwar Metal’s SME IPO, valued at ₹24.74 crore, was open for subscription from January 2 to January 6. The Parmeshwar Metal’s … Read more