NSE Explores Extended Trade Timings for Office-Goers in Collaboration with Brokers The National Stock Exchange (NSE) is currently evaluating the possibility of extending its trading hours to better cater to office-goers and provide them with a more convenient trading window. As per the existing schedule, the NSE, along with the Bombay Stock Exchange (BSE), operates …
Samsung’s Q2 2023 Operating Income Plunges, Reflecting Market Challenges Samsung’s second-quarter operating income for 2023 stands at approximately $527 million, a sharp decline from the $10.8 billion reported in July 2022. The South Korean tech giant’s consolidated sales also dipped by 6% from the previous quarter, reaching $47 billion, highlighting the challenges faced in the …
Twitter’s Rebranding Plan: Embracing the Dark Mode Twitter is reportedly set to abandon its light mode, leaving only the dark mode option. The microblogging platform is undergoing a rebranding process as per the directives of its new owner, Elon Musk, who acquired Twitter for $44 billion in October. Elon Musk Initiates Twitter’s Transformation to “X” …
Sequoia Capital Downsizes Cryptocurrency Fund Amid Market Volatility Sequoia Capital, the tech-focused venture capital firm, has reportedly downsized its cryptocurrency fund from $585 million to $200 million due to market volatility. The decision to reduce the Sequoia Crypto Fund was communicated to investors in March. Despite the downsizing, the firm highlights its track record of …
Delhi High Court Puts a Halt on Income Tax Department’s Reassessment Proceedings Against Flipkart Marketplace In a significant development, the Delhi High Court has stepped in to put a stop to the Income Tax Department’s reassessment proceedings initiated against Flipkart Marketplace, the prominent ecommerce company’s marketplace arm. The central issue in question pertains to a …