BUSINESS

BYJU’S regrets ‘delays’ in settling dues of laid-off employees
IANS -
In a statement, the company said it "regrets and acknowledges the delays in settling dues of former employees".
itel set to launch India's most affordable 5G smartphone, to be priced below 10K
IANS -
Sources told IANS on Monday that the much-anticipated 5G marvel, itel P55 5G, is set to make its grand entrance into the Indian market soon.
Vodafone Idea denies being in discussions to be acquired by Verizon, Amazon or Starlink
IANS -
In a regulatory filing, Vodafone Idea denied reports that it is being acquired by these parties and said the reports are incorrect.
‘Triple danger’ looming over Indian markets in the near-term
IANS -
These are significant macro risks which the market cannot ignore for long. FIIs refraining from big selling is because of the FOMO (fear of missing out) factor, he said. Investors should exercise caution, particularly in the over-heated mid-and small-cap segments. Safety is in large-caps, he added.
Residential real estate: 'Silicon Valley' Bengaluru emerges as major investment destination for NRIs
IANS -
Real estate industry pundits are claiming that 2023 is going to be a remarkable year in connection with NRI investments as the slew of infrastructure projects, new IT corridors emerging in the city and conducive atmosphere in terms of peace, law and order situation in Bengaluru, and cosmopolitan outlook are also contributing to the trend.
Room for a correction in mid-cap area: Christopher Wood of Jefferies
IANS -
Still if the major Indian stock market indices are trading at all-time highs, the real action this year has been in the mid-cap stocks where gains have been much greater but where valuations are also much more extended.
Billionaire investor Mark Cuban loses $870K in crypto scam
IANS -
On-chain sleuth Wazz first noticed the unusual transactions in the MetaMask cryptocurrency wallet labelled 'Mark Cuban 2' on EtherScan. The wallet had been inactive for more than five months, reports CryptoSlate.
Expect some correction post Mount 20K
IANS -
The benchmark indices gained on all five days of the week while midcap and Smallcap indices gained on four days and lost on one session. However, the fall on Tuesday was severe to see the BSEMIDCAP and BSESMALLCAP end in the negative for the week. The loss on Tuesday in BSEMIDCAP was 1,000 points while it was 1,600 points on BSESMALLCAP.
Musk was 'lonely and sad' as he struggled to make friends: New book
IANS -
He also struggled to understand social cues and had to rely on books to learn about them, reports Insider.
As nations grapple with BRI fallout, Italy’s withdrawal deals another blow
IANS -
David Sacks is a fellow for Asia studies at the Council on Foreign Relations (CFR).
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