Musk will give Twitter workers stock awards based on $20 bn valuation

Musk will give Twitter workers stock awards based on $20 bn valuation

[ad_1] San Francisco: Elon Musk has finally broken his silence on giving stock awards to employees, saying that they will get stock awards based on a roughly $20 billion valuation. It is less than half of $44 billion for which Musk acquired the micro-blogging platform, reports The Wall Street Journal. “I see a clear, but … Read more

Markets witness rush as people stock on dates, fruits

Markets witness rush as people stock on dates, fruits

[ad_1] Srinagar, Mar 23: Markets across the valley witnessed a good rush on Thursday with the beginning of the holy month of Ramadan, while people were busy stocking up on fruits and dates. Sajad Ahmad, a Srinagar resident told the news agency—Kashmir News Observer (KNO) that breaking the fast with dates is Sunnah (a Prophetic … Read more

Twitter employees to soon receive stock awards: Musk

Twitter employees to soon receive stock awards: Musk

[ad_1] San Francisco: After another round of layoffs over the weekend, Twitter CEO Elon Musk informed the remaining employees that they will receive acevery significant” performance-based stock awards on March 24. “This past week, we completed a difficult organisational overhaul focused on improving future execution, using as much feedback as we could gather from the … Read more

‘We need answers’: Oppn asks questions on LIC’s stock value slump in Adani Group

‘We need answers’: Oppn asks questions on LIC’s stock value slump in Adani Group

[ad_1] Members of several opposition parties have raised questions on the latest development of the value of stocks held by the Life Insurance Corporation (LIC) of India in the embattled Adani group companies. TMC MP Mahua Moitra in a tweet on Friday tagged FM Nirmala Sitharaman and asked the reasons behind why the centre is … Read more

Hyderabad: NMDC Steel Limited listed at Bombay Stock Exchange

Hyderabad: NMDC Steel Limited listed at Bombay Stock Exchange

[ad_1] NMDC Steel Limited listed at Bombay Stock Exchange Hyderabad: NMDC Steel Limited (NSL) was listed on the Bombay Stock Exchange on Monday. NSL, National Mineral Development Corporation’s (NMDC) 3 Million Tonnes per annum Integrated Steel Plant at Nagarnar in Chhattisgarh, was listed to become a public company on Monday. The listing ceremony was held … Read more

DC Kulgam takes stock of  arrangements at Ziyarat Shareef Simnanya for Shab-e-Mehraj

DC Kulgam takes stock of  arrangements at Ziyarat Shareef Simnanya for Shab-e-Mehraj

[ad_1] KULGAM,FEBRUARY 18: The Deputy Commissioner Kulgam, Dr. Bilal-Mohi-Ud-Din-Bhat today visited Shrine of Mir Syed Ali Hussain Simnani RA, here at Kulgam and took stock of arrangements being put in place for the smooth conduct of celebrations of Shab-e-Mehraj. During his visit  he also interacted with management Committee members of the shrine and enquired about … Read more

Teen overdose deaths lead California schools to stock reversal drug

Teen overdose deaths lead California schools to stock reversal drug

[ad_1] With overdoses near record highs because of the prevalence of fentanyl, Gov. Gavin Newsom called in his recent budget proposal for $3.5 million to supply middle and high schools with naloxone — even as a potential deficit looms and some programs face cuts. “This is a top priority,” the Democratic governor said last month. … Read more

PIL in SC seeks prosecution of short sellers for ‘artificial’ crashing of Adani Group’s stock value

PIL in SC seeks prosecution of short sellers for ‘artificial’ crashing of Adani Group’s stock value

[ad_1] New Delhi: A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the “artificial crashing” of the Adani Group’s stock value in the market. Hindenburg engages in activist … Read more

Adani speaks for first time since turmoil as stock rout continues

Adani speaks for first time since turmoil as stock rout continues

[ad_1] New Delhi: Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller’s accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose … Read more

Meta surprises analysts with good results, $40 bn stock buyback

Meta surprises analysts with good results, $40 bn stock buyback

[ad_1] Representational Image San Francisco: Meta (formerly Facebook) has surprised the market analysts with posting better-than-expected results for its quarter that ended December 31, 2022, and announcing a $40 billion stock buyback. The company reported a revenue of $32.17 billion for the fourth quarter (down four per cent Y-o-Y) and $116.61 billion for the full … Read more