CategoryFinance

Bajaj Finance to raise Rs 10,000 crore via QIP, convertible warrants

The board has given Bajaj Finance permission to raise up to Rs 10,000 crore by issuing convertible warrants and qualified institutional placements (QIPs). With the QIP offering, the business hopes to raise up to Rs 8,800 crore, and with convertible warrants, it intends to raise up to Rs 1,200 crore. Preferentially, the business will provide promoter Bajaj Finserv 15,50,000 warrants, which are...

RBI extends last date for exchange of ₹ 2000 notes to October 7

The deadline for exchanging Rs. 2000 notes will now be extended, the Reserve Bank of India stated on Saturday. The central bank’s statement on X (formerly Twitter) states that the new deadline for exchanging Rs 2000 currency notes is October 7. Earlier this year, on May 19, the RBI had stated that Rs 2000 notes would no longer be in circulation. September 30, 2023, was the previous deadline...

According to Harvard, anyone can rename it’s medical school for $1 billion

Is there a billion bucks dwindling in your pocket? Harvard has the solution.According to The Crimson, the student newspaper at Harvard, The Harvard Corporation, which bills itself as the “oldest corporation in the Western Hemisphere,” has listed the naming rights to Harvard Medical School for sale. The organization is requesting a small, unrestricted donation of $1 billion in exchange...

An investigation reveals that 95% of NFTs are now worthless

NFTs that are practically worthless are officially on life support. According to a new analysis by crypto platform dappGambl titled “Dead NFTs: The Evolving Landscape of the NFT Market,” 95 percent of tokens are now basically worthless. According to the business, 69,795 of the 73,257 NFT collections examined today have a market cap of 0 Ether. In other words, 95 percent of NFT...

The future of cryptocurrency: Where is the market headed?

The future of cryptocurrency is an exciting and rapidly evolving field. With the introduction of new technologies and innovative applications, the market is likely to continue to grow and expand. As more people become aware of the potential of cryptocurrency, the market will become increasingly competitive and diverse.

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