BUSINESS

'Baap of Chart' operator who promised reckless returns made huge loss in his trades
IANS -
Nasir in his videos repeatedly refers to his experience of making profits because of the strategies he has adopted and encourages his “students” (customers/ investors) to adhere to his strategies because of the certainty or near certainty of his recommendations/strategies.
Mukesh Ambani, son seek blessings at Gujarat's Dwarkadhish temple
IANS -
The father-son duo was warmly received with traditional shawls by the temple officials.
Nifty tanks for fifth day on Israel-Hamas conflict
IANS -
At close, Nifty was down 0.83 per cent or 159.6 points at 19,122.2, while the Sensex tanked 522.82 points or 0.81 per cent to settle at 64,049.06.
Samsung launches Galaxy SmartTag2 in India
IANS -
Priced at Rs 2,799, the SmartTag2 comes in two colours -- Black and White, and is available to purchase at the Samsung Online Store, Amazon and Samsung Exclusive Showroom. 
Cabinet gives go-ahead to pact on India-Japan semiconductor partnership
IANS -
The MoC which was signed in July this year and will remain in force for five years intending to strengthen cooperation between India and Japan towards enhancement of semiconductor supply chain, recognising the importance of semiconductor for the advancement of industries and digital technologies.
AKI India to raise Rs 80 crore via issue of equity shares, warrants
IANS -
It will raise Rs 40 crore by issuing equity shares, through preferential allotment to persons and entities belonging to the non-promoter category.
Nifty will have its expiry this week which can add to further volatility
IANS -
The sell-off was even more brutal within the small and mid-cap space as retail investors finally seem like throwing in the towel on back of lackluster earnings and no clear positive commentary from management, he said.
Fintech firm Groww’s revenue surges 266% in FY23, turns profitable
IANS -
The Zerodha rival reported a net profit of Rs 448.7 crore in FY23 against Rs 239 crore in net loss in the previous fiscal year.
Union Cabinet clears fertiliser subsidy worth Rs 22,000 cr: Sources
IANS -
The Government has cleared an additional subsidy of Rs 4,500 per tonne on DAP, sources said.
Databricks acquires data startup Arcion for $100 mn
IANS -
According to reports, the company acquired Arcion for about $100 million, including incentives.
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