Shares of Adani Ports and Special Economic Zone (APSEZ) rose on Monday morning on the company's announcement that Windy Lakeside Investment Ltd, a unit of Warburg Pincus, will invest Rs 800 crore in the company.
The transaction advisors have been in touch with the interested bidders regarding several queries and the qualified bidders will be intimated only after the government is satisfied with the responses from the bidders.
According to a report in Zero Hedge, this number will likely be lower following last week's sell-off which followed the original JP Morgan analysis, and may be some $40 billion less based on assumptions about forced Norwegian selling, we are still talking about selling in the $100 billion plus range in the days before quarter end.
Tesla reported another profitable quarter as revenue hit $10.74 billion in the fourth quarter of 2020. In last year, Tesla achieved free cash flow of nearly $2.8 billion after spending more than $3 billion on building new factories and other expenditures.
Dorsey tweeted with a bidding link to NFT (non-fungible token) through a platform called Valuables. NFT is a digital good on the Ethereum blockchain. The NFT refers to a unit of currency on the Blockchain, the way cryptocurrency like Bitcoin is bought and sold.
The fall in gold prices has taken place amid hopes of economic recovery post the reopening of business activities along with vaccination drives across the globe. The recent decline comes largely on the back of high yields in US bonds.
