CRYPTOCURRENCY
Ayushmann Khurrana joins CoinDCX as a part of 'Future Yahi Hai' campaign
The 'Future Yahi Hai' Megadrive is directed towards addressing major questions, doubts and dispel myths when it comes to crypto investments from the perspective of young India.
BUSINESS
Prospects of ESG Investing in India, explained by Ruchit Mehta of SBI Mutual Fund
Per data, inflows in ESG funds to Rs 3,686 crores, a 76 percent rise in 2021, as against a base of Rs 2,094 crores in 2020. We catch up with Mr. Ruchit Mehta, Fund Manager, SBI Mutual Fund, as he elaborates on the potential and scope of this branch of investing in India.
BUSINESS
All you need to know about front-running in crypto trading
Front running has fundamentally and unfortunately, evolved into multi-billion-dollar ethical malpractice of entering into an equity trade, option, futures contract, derivative, or security-based swap to capitalize on advance, non-public knowledge of a large pending transaction that will influence the price of the underlying security or coin.
BUSINESS
Salman Khan launches Chingari's first ever crypto-token $GARI
With this foray, Chingari, which currently offers customized videos, an extensive song library, hyper-realistic AR filters, and content in more than 20 languages and has around 50 million monthly active users and almost 85 million downloads to date, has reportedly become India’s first social network to issue crypto tokens.
BUSINESS
Indian crypto space is huge, but how transparent is it?
Various reports suggest that India ranks second out of 154 countries when it comes to cryptocurrency adoption and even the country's crypto curiosity metric of maximum internet searches at 36 lakh is second only to the US' 69 lakh over the last 12 months.
BUSINESS
Where to invest Rs 10,00,000 this Dussehra? Swarup Mohanty answers
Presenting a special series Moneycontrol asked three market experts a simple question: where to invest Rs 10 lakh right now? Here’s what Swarup Mohanty, chief executive officer of Mirae Asset Global Investments (India) has to say:
BUSINESS
Where to invest Rs 10 lakhs this Dussehra? Nilesh Shah answers
Presenting a special series Moneycontrol asked three market experts a simple question: where to invest Rs 10 lakh right now? Here’s what Nilesh Shah, MD of Kotak Mahindra Asset Management Co has to say:
BUSINESS
Want to know where you can invest Rs 10 lakhs this Dussehra? Radhika Gupta answers
Presenting a special series where Moneycontrol asked three market experts a simple question: where to invest Rs 10 lakh right now? Here is what Radhika Gupta, Chief executive officer of Edelweiss Asset Management Limited has to say
BUSINESS
1 million Bolly tokens for Salman Khan's NFT sold out within 3 hours, reports Bollycoin
The frenzy did not end here, and almost 2 million tokens were sold out within 7 hours. The mania continued as more than 3 million BOLLY coins in circulation were lapped up in just over 24 hours by the public.
BUSINESS
Indian siblings make $30,000 a month mining cryptocurrency
Texas-based Ishaan Thakkar (14) and his sister Aanya (9) have made a successful business out of mining cryptocurrencies.
BUSINESS
Salman Khan gets 'Ready' to enter the NFT space with 'Da-bang'!
Khan, via his tweet, confirmed his association with the platform with Salman Khan Static NFTs. The platform notably aims to be the largest Bollywood-centric NFT marketplace in the world.
BUSINESS
AB de Villiers launches his NFT collection on horse racing ecosystem DeRace
ABD joins Delhi Capitals captain Rishabh Pant in participating in the NFT bandwagon. Notably, Pant will be offering digital collectibles like moment cards on Rario, a cricket-based NFT platform.
BUSINESS
Addicted to crypto? Scotland has a dedicated clinic for you
Per the clinic’s website, “Castle Craig Hospital provides treatment for people addicted to trading, spread betting, and the trading of cryptocurrencies such as bitcoin, litecoin, ethereum, and more."
BUSINESS
SIP contributions hit record Rs 10,351 crore in September
It is the first time that SIP contributions have crossed this benchmark, indicating that “the investors are reposing trust and that the industry is headed in the right direction”.
BUSINESS
Stablecoin Tether leaves investors unstable with 'fraud' whiff in $69-billion reserve
Reports suggest that if Tether collapsed, it would entail a global financial meltdown of almost $2.3 trillion.
BUSINESS
'Evolved Apes' creator pulls an NFT scam worth $2.7 million
Blockchain traces showed that funds worth 798 ether or $2.7 million had been siphoned off in multiple transfers, funds that were meant to be channelled towards marketing expenses and which had been generated from the initial sale of NFTs and secondary market commissions.
BUSINESS
Bitcoin boom to $55,000 gathers steam from Soros fund backing
Notably, the Soros fund is also an investor in crypto firms such as NYDIG and Lukka, giving heat to a rising trend of family offices diving deeper into the cryptocurrency space, with Steve Cohen's Point72 Asset Management investing in crypto startups such as Messari and Zero Hash. Even Dan Loeb’s Third Point fund reportedly wades in cryptocurrency.
TRENDS
Govt may allow 20% foreign investment in LIC public issue
The IPO, seeking to raise anywhere between 400 billion to 1 trillion rupees, is looking to offer a stake sale of 5-10 percent, with the government estimating a valuation between Rs 8-10 trillion.
TRENDS
CoinDCX signs Amitabh Bachchan as brand ambassador to raise crypto awareness
“Through Mr. Bachchan, CoinDCX wants to convey that it is at the forefront when it comes to the safety of its users and being compliant with all the regulations. In addition, the brand aims to educate prospective users about the crypto space”, says a company statement.
BUSINESS
Adar Poonawalla-backed Wellness Forever files for IPO to raise up to Rs 1,600 crore
The IPO of this omnichannel retail pharmacy chain, which is second only to that of Hyderabad-based MedPlus, who filed its DRHP in August, will consist of fresh equity share issues, which are worth Rs 400 crore, along with an offer for sale to the tune of Rs 1.6 crores of equity.
TRENDS
ARIA releases whitepaper simplifying nominations and successions
Per data from recovery, around Rs 24,000 crore are lying unclaimed in mutual fund units, about Rs 48,000 crore in PPF (Public Provident Fund), and as much as Rs 25,860 lying unidentified in various bank accounts.
BUSINESS
The Raza Saga: The man who lost it all in crypto, only to empower others
From having lost a lot of money to a Ponzi cryptocurrency scheme to now helming BitInnings, a platform he established to impart fundamental education centered around cryptocurrency to empower millions of Indians, and previously CryptoKanoon, a platform for crypto regulatory news & analysis, Raza’s tryst with the nascent, rapidly evolving Indian cryptocurrency space is a story to know, live and understand.
BUSINESS
All you need to know about the "Cannabis" token
The $CANNA token runs natively on the Binance Smart Chain and is currently valued at $0.17 each.
BUSINESS
Indian Tea Brand Vahdam launches its first NFT collection
Purchasing these NFTs will get the users the right to a 1080×1080-pixel 35-second video file on the trading NFT marketplace platform, OpenSea starting at 0.015 ETH (approx. $48.03) and can only be purchased using cryptocurrency.
