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March 3rd, 2022 8:20 PM 0 COMMENTS

Employees of the LIC Union Are Lobbying the Government to Oppose the IPO Plan

The employees' union of the Life Insurance Corporation has decided to intensify its opposition to the government's Initial Public Offering (IPO) Plan, a day after the finance minister said the government is keeping an open mind about the timing of the IPO due to the escalation of the Ukraine crisis. After appearing positive about LIC's prospects last week despite the weakening market, finance minister Nirmala Sitharaman told the media on... Read More

March 3rd, 2022 1:06 PM 0 COMMENTS

Safalta, an Edtech Company, Enables Students in Tier II and III Cities to Prepare for Exams From Homes

Safalta, situated in Noida, was founded in December 2019 by Himanshu Gautam and Ashok Pundit as an omnichannel institute that helps small-town students prepare for tests for government jobs. The firm has expanded into an online platform for offering education to not just these hopefuls, but people of all ages wishing to upskill or prepare for school board examinations as a result of the COVID-19 pandemic. "I started Safalta for... Read More

March 2nd, 2022 8:35 PM 0 COMMENTS

Ukraine Receives $13 Million in Crypto Funding to Fight Russian Invasion

In the Ukraine-Russia crisis, cryptocurrencies are playing an important role. Following requests on Twitter on Saturday, at least $13 million was wired to digital wallets controlled by the Ukrainian government. While other countries, such as El Salvador, have accepted cryptocurrency, this is the first time that a global government has been funded through direct donations. According to Elliptic, a blockchain analysis business, donations had reached $12.8 million from at least... Read More

March 2nd, 2022 8:16 PM 0 COMMENTS

Ashneer Grover Quits Bharat Pe

On Tuesday, March 1, Ashneer Grover resigned as Managing Director and Director of the Board of BharatPe, a fintech company. Grover's resignation comes days after his wife Madhuri Jain Grover's services as head of controls were terminated on suspicions of theft of funds. Grover has been embroiled in a boardroom struggle following a series of issues. Ashneer wrote to the board in a scathing resignation letter, "I'm writing this with... Read More

March 2nd, 2022 2:04 PM 0 COMMENTS

Bitcoin is Rising, While Cardano and Avalanche are Falling

Bitcoin extended a two-day climb, driving cryptocurrency gains across the board. The most popular and most prominent cryptocurrency globally increased by more than 2% to $44,041. The digital token has increased by around 15% in the last five days. However, it is still more than 30% behind its all-time high of about $69,000 set in November 2021. Similarly, Ether, the second-largest cryptocurrency by market value and linked to the Ethereum... Read More

March 2nd, 2022 12:15 PM 0 COMMENTS

Crypto Wire Signs Agreements With Bitbns to Begin Trading on the IC15 Index in April

On Tuesday, CryptoWire announced that it had reached an agreement with cryptocurrency exchange Bitbns to begin trading on India's first global crypto index, the IC15, next month. Around 4 million Bitbns users will profit from trading on IC15, a cryptocurrency index, with the launch of the new asset class, according to CryptoWire, an app that provides insights into the new asset class. By taking a broad view of the market... Read More

March 1st, 2022 9:36 PM 0 COMMENTS

AMC Theatres Will Begin Accepting DOGE and SHIB Payments on March 19th

The AMC Theatres chain, based in the United States, will begin accepting payments in Dogecoin and Shiba Inu meme-based cryptocurrency on March 19. BitPay, a cryptocurrency payment service provider, will handle these transactions. AMC Theatres is the world's largest movie theatre business, with over 1,000 sites, according to a regulatory filing from December 2020. AMC Theatres' CEO, Adam Aron, tweeted that BitPay-powered Dogecoin and Shiba Inu payments will be allowed... Read More

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