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IT company Larsen and Toubro Infotech on Thursday posted a more than 27% increase in consolidated net profit at ₹633.5 c...
15/07/2022

IT company Larsen and Toubro Infotech on Thursday posted a more than 27% increase in consolidated net profit at ₹633.5 crore in the first quarter ended June 30, 2022. It had registered a profit of ₹496 crore in the same period a year ago. The consolidated income from operations of Larsen and Toubro Infotech (LTI) increased by 30.6% to ₹4,522.8 crore during the reported quarter from ₹3,462.5 crore in the June quarter last year....

https://crypto.igwiiki.com/2022/07/15/it-stock-down-48-from-52-week-high-brokerages-say-buy-post-q1-results/

IT company Larsen and Toubro Infotech on Thursday posted a more than 27% increase in consolidated net profit at ₹633.5 crore in the first quarter ended June 30, 2022. It had registered a profit of …

“Hang offers brands a new way to offset these acquisition costs and increase the value of their existing user base, by h...
15/07/2022

“Hang offers brands a new way to offset these acquisition costs and increase the value of their existing user base, by harnessing the unique advantages of NFT technology to transform the relationship they have with their customers and build a new one rooted in shared incentives, reciprocity and community,” he added. Source link

https://crypto.igwiiki.com/2022/07/15/paradigm-leads-16m-funding-round-for-hang/

“Hang offers brands a new way to offset these acquisition costs and increase the value of their existing user base, by harnessing the unique advantages of NFT technology to transform the relationsh…

Multibagger stock: After announcement of strong Q1 results on Thursday, IT major Tata Elxsi share price has ascended in ...
15/07/2022

Multibagger stock: After announcement of strong Q1 results on Thursday, IT major Tata Elxsi share price has ascended in early morning deals on Friday session. Tata Elxsi share price today opened near ₹140 per share upside and went on to hit intraday high of ₹8037.75 apiece levels on NSE, logging around 3 per cent rise from its Thursday close price of around ₹7,800 per equity share....

https://crypto.igwiiki.com/2022/07/15/multibagger-stock-tata-elxsi-which-has-given-840-return-in-5-years-jumps-after-q1-results/

Multibagger stock: After announcement of strong Q1 results on Thursday, IT major Tata Elxsi share price has ascended in early morning deals on Friday session. Tata Elxsi share price today opened ne…

Cryptocurrency Polygon’s MATIC price on Friday jumped over 10% to $0.70, after surging 21% on Thursday in the wake of Di...
15/07/2022

Cryptocurrency Polygon’s MATIC price on Friday jumped over 10% to $0.70, after surging 21% on Thursday in the wake of Disney’s announcement that Polygon was one of the six companies that have been selected for a business-development accelerator program. “The implications for Polygon are significant, given that it was the only blockchain provider chosen," Walter Teng, digital-asset strategy associate at Fundstrat, wrote in a note Thursday....

https://crypto.igwiiki.com/2022/07/15/cryptocurrency-polygons-price-rallies-on-disney-selection-for-an-accelerator-program/

Cryptocurrency Polygon’s MATIC price on Friday jumped over 10% to $0.70, after surging 21% on Thursday in the wake of Disney’s announcement that Polygon was one of the six companies that have been …

“Inflation is old news. We all knew it was coming," Gonzalez added. "For now, bitcoin is likely to settle around $20,000...
15/07/2022

“Inflation is old news. We all knew it was coming," Gonzalez added. "For now, bitcoin is likely to settle around $20,000, but a significant event demonstrating that the broader market is recovering is required for it to regain power. Investors will remain cautious as long as forecasts are pessimistic, so the market will not move significantly,." Source link

https://crypto.igwiiki.com/2022/07/15/crypto-traders-say-inflation-already-priced-into-bitcoin/

“Inflation is old news. We all knew it was coming,” Gonzalez added. “For now, bitcoin is likely to settle around $20,000, but a significant event demonstrating that the broader market i…

Stock market today: After ushering in new year 2022, FMCG stocks have been in 'uptrend.' This is mainly due to rise in d...
15/07/2022

Stock market today: After ushering in new year 2022, FMCG stocks have been in 'uptrend.' This is mainly due to rise in demand for edible oil and dip in commodity prices after soaring to multi-year high. On chart pattern, Nifty FMCG Index has given fresh breakout at 39,500 levels and it has taken strong support at 40,500 levels. According to…...

https://crypto.igwiiki.com/2022/07/15/why-nifty-fmcg-index-is-up-10-this-year-top-picks-here/

Stock market today: After ushering in new year 2022, FMCG stocks have been in ‘uptrend.’ This is mainly due to rise in demand for edible oil and dip in commodity prices after soaring to…

Back in those days, 'service to customers' was a non-existent concept among the 'babu' culturedPSU banks. It was HDFC Ba...
15/07/2022

Back in those days, 'service to customers' was a non-existent concept among the 'babu' culturedPSU banks. It was HDFC Bank that focused on customer service and personal banking along with its expansion strategy. As they say, the rest is history. When Raamdeo Agarwal invested in a small Delhi-based two-wheeler manufacturer Hero MotoCorpin the 90s, little did he know that in 10 years, with the help of its Japanese partner Honda, the company would become India's largest two-wheeler manufacturer....

https://crypto.igwiiki.com/2022/07/15/is-it-the-right-time-to-buy-midcaps/

Back in those days, ‘service to customers’ was a non-existent concept among the ‘babu’ culturedPSU banks. It was HDFC Bank that focused on customer service and personal bank…

Virtual avatar company Hologram has raised $6.5 million in seed funding led by Polychain Capital, the company said Thurs...
15/07/2022

Virtual avatar company Hologram has raised $6.5 million in seed funding led by Polychain Capital, the company said Thursday in a press release. The round also saw participation from Nascent, Inflection, The Operating Group, Quantstamp, Neon DAO, Foothill Ventures, South Park Commons, and several angel investors including Linkin Park’s Mike Shinoda. Source link

https://crypto.igwiiki.com/2022/07/15/virtual-avatar-firm-hologram-raises-6-5m-seed-round/

Virtual avatar company Hologram has raised $6.5 million in seed funding led by Polychain Capital, the company said Thursday in a press release. The round also saw participation from Nascent, Inflec…

Shares of Life Insurance Corporation of India (LIC) gained about a per cent on the BSE to ₹720 in Friday's opening deals...
15/07/2022

Shares of Life Insurance Corporation of India (LIC) gained about a per cent on the BSE to ₹720 in Friday's opening deals after the insurance giant on Thursday reported the Indian Embedded Value (IEV) at ₹5,41,492 crore ( ₹5.41 trillion) as of March 31, 2022, as compared to ₹5.39 trillion as of September 2021 and ₹95,605 crore as of March 31, 2021. ...

https://crypto.igwiiki.com/2022/07/15/lic-share-price-gains-as-embedded-value-rises-slightly/

Shares of Life Insurance Corporation of India (LIC) gained about a per cent on the BSE to ₹720 in Friday’s opening deals after the insurance giant on Thursday reported the Indian Embedded Val…

"The Far East is very proactive and keen on adopting blockchain, like Malaysian Immigration and The Health Card app," Hi...
15/07/2022

"The Far East is very proactive and keen on adopting blockchain, like Malaysian Immigration and The Health Card app," Hiranandani said in an email. "We feel entry into the market with a layer 1 partner which is sustainable is ideal and 5ire being a sustainable blockchain is perfect for us. This will benefit our group to communicate on blocks as we deal with various countries and have offices in over 8 countries," said Hiranandani. Source link

https://crypto.igwiiki.com/2022/07/15/5ire-raises-100m-to-fund-expansion-of-sustainable-blockchain/

“The Far East is very proactive and keen on adopting blockchain, like Malaysian Immigration and The Health Card app,” Hiranandani said in an email. “We feel entry into the market …

Multibagger stocks for 2022: Despite global economy reeling under the heat of inflation and slowdown fears, Indian stock...
15/07/2022

Multibagger stocks for 2022: Despite global economy reeling under the heat of inflation and slowdown fears, Indian stock market has managed to produce a good number of multibagger stocks in 2022. In fact, some quality stocks have managed to deliver stellar return to its shareholders and they are being labelled as possible multibagger stocks for 2022. Here we list out 5 pharma sector stocks that have delivered up to 92 per cent YTD return to its shareholders:...

https://crypto.igwiiki.com/2022/07/15/multibagger-stocks-in-making-these-5-pharma-stocks-give-up-to-92-ytd-return/

Multibagger stocks for 2022: Despite global economy reeling under the heat of inflation and slowdown fears, Indian stock market has managed to produce a good number of multibagger stocks in 2022. I…

The Consumer Financial Protection Bureau (CFPB) announced a lawsuit on Tuesday against ACE Cash Express. The federal age...
15/07/2022

The Consumer Financial Protection Bureau (CFPB) announced a lawsuit on Tuesday against ACE Cash Express. The federal agency alleges that the payday lender has generated $240 million or more in reborrowing fees from borrowers who were eligible for free repayment plans and also lied about the number of times it would attempt to debit payments from borrower bank accounts. Key Takeaways…...

https://crypto.igwiiki.com/2022/07/15/cfpb-sues-payday-lender-ace-cash-express/

The Consumer Financial Protection Bureau (CFPB) announced a lawsuit on Tuesday against ACE Cash Express. The federal agency alleges that the payday lender has generated $240 million or more in rebo…

Vedanta Ltd on Thursday informed that the board of directors of the company will meet next week on Tuesday, July 19, 202...
15/07/2022

Vedanta Ltd on Thursday informed that the board of directors of the company will meet next week on Tuesday, July 19, 2022, and will consider and approve second interim dividend on equity shares, if any, for the financial year 2022-23. The company further added the record date for the purpose of determining the entitlement of the equity shareholders for the said…...

https://crypto.igwiiki.com/2022/07/15/vedanta-to-consider-second-interim-dividend-as-board-meet-next-week-record-date-fixed/

Vedanta Ltd on Thursday informed that the board of directors of the company will meet next week on Tuesday, July 19, 2022, and will consider and approve second interim dividend on equity shares, if…

What does it mean to "invest" in the Iraqi dinar? In simple terms, it's the same as investing in any other currency. You...
15/07/2022

What does it mean to "invest" in the Iraqi dinar? In simple terms, it's the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying the equivalent amount of U.S. dollars (USD). As with buying stocks, bonds, or other currency, you purchase dinar at a given price and then expect the price to rise....

https://crypto.igwiiki.com/2022/07/15/is-the-iraqi-dinar-investment-a-wise-investment/

What does it mean to “invest” in the Iraqi dinar? In simple terms, it’s the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying t…

Here is the list of top 10 stocks that will be in focus today Adani Ports: Israel said on Thursday it will sell Haifa Po...
15/07/2022

Here is the list of top 10 stocks that will be in focus today Adani Ports: Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports of India and local chemicals and logistics group Gadot for 4.1 billion shekels ($1.18 billion). Adani will have a majority 70% stake and Gadot will hold the remaining 30%, according to an industry official....

https://crypto.igwiiki.com/2022/07/15/stocks-to-watch-adani-ports-dabur-lt-infotech-acc-tata-elxsi/

Here is the list of top 10 stocks that will be in focus today Adani Ports: Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Po…

Your driving record is one of the key factors that affects how much you pay for car insurance. In general, a good drivin...
15/07/2022

Your driving record is one of the key factors that affects how much you pay for car insurance. In general, a good driving record results in lower premiums. A history of accidents or serious traffic violations, on the other hand, makes you a higher risk to insure and means you'll likely pay more. But how do you find out what's on your driving record and how that may be affecting your premiums?...

https://crypto.igwiiki.com/2022/07/15/how-to-check-your-driving-record/

Your driving record is one of the key factors that affects how much you pay for car insurance. In general, a good driving record results in lower premiums. A history of accidents or serious traffic…

Esta semana, PicPay, una app digital de pagos basada en Brasil con más de 30 millones de usuarios, anunció que planea la...
15/07/2022

Esta semana, PicPay, una app digital de pagos basada en Brasil con más de 30 millones de usuarios, anunció que planea lanzar un exchange cripto y una stablecoin vinculada al real brasilero este año. En mayo, Nubank, el banco digital más grande de Brasil por valor de mercado, agregó la opción para clientes de comprar y vender bitcoin y ether en su plataforma. Source link

https://crypto.igwiiki.com/2022/07/15/itau-el-banco-privado-mas-grande-de-brasil-lanzara-una-plataforma-de-tokenizacion/

Esta semana, PicPay, una app digital de pagos basada en Brasil con más de 30 millones de usuarios, anunció que planea lanzar un exchange cripto y una stablecoin vinculada al real brasilero este año…

Day trading guide for Friday: Following soft global cues and heavy sell-off in PSU bank, IT and tech stocks, Indian mark...
15/07/2022

Day trading guide for Friday: Following soft global cues and heavy sell-off in PSU bank, IT and tech stocks, Indian markets ended in negative zone on fourth successive day on Thursday session. NSE Nifty lost 28 points and closed at 15,938 whereas BSE Sensex went off 98 points and closed at 53,416 mark. Nifty Bank index went 176 points southward and closed at 34,651 levels....

https://crypto.igwiiki.com/2022/07/15/day-trading-guide-for-friday-4-stocks-to-buy-or-sell-today-15th-july/

Day trading guide for Friday: Following soft global cues and heavy sell-off in PSU bank, IT and tech stocks, Indian markets ended in negative zone on fourth successive day on Thursday session. NSE …

Although there is no world currency, there are reserve currencies that are used in various financial transactions by cen...
15/07/2022

Although there is no world currency, there are reserve currencies that are used in various financial transactions by central banks, corporations, and governments. Since World War II, the dominant reserve currency of the world has been the U.S. dollar. The dollar is a reserve currency since the U.S. economy, and its financial system is stable. For example, emerging market economies…...

https://crypto.igwiiki.com/2022/07/15/is-there-a-world-currency-if-so-what-is-it/

Although there is no world currency, there are reserve currencies that are used in various financial transactions by central banks, corporations, and governments. Since World War II, the dominant r…

Here we list out important things that one should know before stock market's opening bell today: Global market cues Afte...
15/07/2022

Here we list out important things that one should know before stock market's opening bell today: Global market cues After US inflation surging to record 41-year high, Wall Street continued to remain under pressure. Dow Jones lost 0.46 per cent on Thursday session whereas Nasdaq added 0.03 per cent. S&P 500 went off 0.30 per cent while Small Cap 2000 dipped 1.10 per cent on Thursday session....

https://crypto.igwiiki.com/2022/07/15/trade-setup-for-friday-15th-july-2022-key-things-to-know-before-stock-markets-opening-bell-today/

Here we list out important things that one should know before stock market’s opening bell today: Global market cues After US inflation surging to record 41-year high, Wall Street continued to…

What Is a Discount Broker? A discount broker is a stockbroker who carries out buy and sell orders at reduced commission ...
15/07/2022

What Is a Discount Broker? A discount broker is a stockbroker who carries out buy and sell orders at reduced commission rates compared to a full-service broker. However, a discount broker does not provide investment advice or perform analysis on a client's behalf, unlike a full-service broker. Before the emergence of better communications technology, only individuals with a far above average annual income could afford a broker and access to the stock market....

https://crypto.igwiiki.com/2022/07/15/discount-broker-definition/

What Is a Discount Broker? A discount broker is a stockbroker who carries out buy and sell orders at reduced commission rates compared to a full-service broker. However, a discount broker does not …

“To the Singapore courts, how the relationship between is described on the companies’ website or publicity materials wou...
15/07/2022

“To the Singapore courts, how the relationship between is described on the companies’ website or publicity materials would not matter,” Lin said. “The real test is of the actual relationship between the entities, and the court will consider whether there is real evidence that Three Arrows Singapore is in actuality a subsidiary.” Source link

https://crypto.igwiiki.com/2022/07/15/it-wont-be-easy-for-creditors-to-untangle-three-arrows-case-singapore-lawyer-says/

“To the Singapore courts, how the relationship between [the BVI, U.S., and Singapore entities] is described on the companies’ website or publicity materials would not matter,” Lin said. “The real t…

An interval fund is a type of closed-end fund with shares that do not trade on the secondary market. Instead, the fund p...
14/07/2022

An interval fund is a type of closed-end fund with shares that do not trade on the secondary market. Instead, the fund periodically offers to buy back a percentage of outstanding shares at net asset value (NAV). The rules for interval funds, along with the types of assets they hold, make this investment largely illiquid compared with other funds. High…...

https://crypto.igwiiki.com/2022/07/14/what-is-an-interval-fund/

An interval fund is a type of closed-end fund with shares that do not trade on the secondary market. Instead, the fund periodically offers to buy back a percentage of outstanding shares at net asse…

The document, which was filed to the U.S. Bankruptcy Court of the Southern District of New York, shows that Celsius hold...
14/07/2022

The document, which was filed to the U.S. Bankruptcy Court of the Southern District of New York, shows that Celsius holds $4.3 billion of assets and $5.5 billion of liabilities. In its list of assets, Celsius claimed it has about $600 million in its CEL token. However, the company noted in the filing the total market cap for CEL as of July 12 was roughly $170.3 million. Source link

https://crypto.igwiiki.com/2022/07/14/celsius-acknowledges-1-2b-hole-in-balance-sheet/

The document, which was filed to the U.S. Bankruptcy Court of the Southern District of New York, shows that Celsius holds $4.3 billion of assets and $5.5 billion of liabilities. In its list of asse…

Qualified charitable donations (QCDs), also called qualified charitable distributions, are a way to donate some of your ...
14/07/2022

Qualified charitable donations (QCDs), also called qualified charitable distributions, are a way to donate some of your retirement savings to charities while lowering your tax bill. A QCD is when you donate distributions from a retirement account to a qualified charitable organization and then deduct it from your taxable income. You can use this strategy with traditional IRA distributions, but not with 401(k) distributions....

https://crypto.igwiiki.com/2022/07/14/401ks-and-qualified-charitable-donations/

Qualified charitable donations (QCDs), also called qualified charitable distributions, are a way to donate some of your retirement savings to charities while lowering your tax bill. A QCD is when y…

A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as the markets grow mor...
14/07/2022

A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as the markets grow more volatile. These are very different from most ETFs, which typically invest in a large number stocks like a mutual fund. By contrast, single-stock ETFs now are being introduced to the market that take leveraged or inverse positions on a single stock....

https://crypto.igwiiki.com/2022/07/14/eight-leveraged-single-stock-etfs-are-launched/

A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as the markets grow more volatile. These are very different from most ETFs, which typically invest i…

The $20-$23/TH range is something the industry hasn't seen since around the time of the 2020 bitcoin price bottom. In ad...
14/07/2022

The $20-$23/TH range is something the industry hasn't seen since around the time of the 2020 bitcoin price bottom. In addition to Bitmain’s S19, S19j and S19 Pro units, MicroBTC’s Whatsminer M30s, M30s+ and M30s++ models, among others, are feeling the slump as well. Source link

https://crypto.igwiiki.com/2022/07/14/bitcoin-mining-rig-prices-slump-to-near-2-year-lows-amid-celsius-bankruptcy/

The $20-$23/TH range is something the industry hasn’t seen since around the time of the 2020 bitcoin price bottom. In addition to Bitmain’s S19, S19j and S19 Pro units, MicroBTC’s Whatsminer …

OpenSea has let 20 percent of its staff go, in a colossal decision to weather the crypto winter that everyone in the NFT...
14/07/2022

OpenSea has let 20 percent of its staff go, in a colossal decision to weather the crypto winter that everyone in the NFT space is living in, according to a tweet from Co-Founder and CEO OpenSea Devin Finzer. And while the broader context of a market downturn has many worried about the wider Web3 and NFT space, Finzer stressed his belief that we’re in for an “explosion in innovation and utility across NFTs,” hinting at a brighter future for everyone....

https://crypto.igwiiki.com/2022/07/14/opensea-just-laid-off-20-of-its-staff/

OpenSea has let 20 percent of its staff go, in a colossal decision to weather the crypto winter that everyone in the NFT space is living in, according to a tweet from Co-Founder and CEO OpenSea Dev…

The Indian stock market has been resting on the shoulders of retail investors for a while now. The question is, will thi...
14/07/2022

The Indian stock market has been resting on the shoulders of retail investors for a while now. The question is, will this continue? Retail investors get attracted to investing in stocks only when the prices increase for a while. Cast your eyes on the chart alongside. As the BSE Sensex, India’s most popular stock market index, has gone from strength to strength, the number of demat accounts opened during a particular month has also increased....

https://crypto.igwiiki.com/2022/07/14/retail-investors-cant-bail-out-the-market-for-too-long/

The Indian stock market has been resting on the shoulders of retail investors for a while now. The question is, will this continue? Retail investors get attracted to investing in stocks only when t…

The U.S. Equal Employment Opportunity Commission (EEOC) just issued a report on the participation of women in science, t...
14/07/2022

The U.S. Equal Employment Opportunity Commission (EEOC) just issued a report on the participation of women in science, technology, engineering, and mathematics (STEM) jobs in the federal government in fiscal year (FY) 2019. The report found that women accounted for 29.3% of STEM federal workers during that period. 29.3% Percentage of federal STEM workforce that is made up of women according to the EEOC....

https://crypto.igwiiki.com/2022/07/14/eeoc-issues-report-on-women-in-stem-jobs-in-government/

The U.S. Equal Employment Opportunity Commission (EEOC) just issued a report on the participation of women in science, technology, engineering, and mathematics (STEM) jobs in the federal government…

Sometimes, you need to focus on the good stuff in life. Even when the market’s down, we can still have nice things. Real...
14/07/2022

Sometimes, you need to focus on the good stuff in life. Even when the market’s down, we can still have nice things. Really nice things, in fact. At least that’s the perspective taken by Trevor Jones, the OG crypto artist behind the now iconic NFT artwork “Bitcoin Angel.” Jones, a traditional painter with a keen interest in the intersection of art and technology, wrote his name into NFT history with the piece when it sold for $3.2 million in February 2021, setting the record for the most expensive open-edition NFT artwork ever at the time....

https://crypto.igwiiki.com/2022/07/14/in-this-bear-market-nft-communities-still-find-reasons-to-celebrate/

Sometimes, you need to focus on the good stuff in life. Even when the market’s down, we can still have nice things. Really nice things, in fact. At least that’s the perspective taken by Trevor Jone…

A small cap company with a market cap of Rs. 2,811 crore that operates in the sugar industry is Dalmia Bharat Sugar and ...
14/07/2022

A small cap company with a market cap of Rs. 2,811 crore that operates in the sugar industry is Dalmia Bharat Sugar and Industries Ltd. The company's current total cane crushing capacity of 35500 TCD places it among the top producers of sugar in the nation. As a leading fully integrated player, it has 255 KLPD of distillation capacity, 120 MW of cogeneration capacity, incineration boilers, and raw sugar processing facilities....

https://crypto.igwiiki.com/2022/07/14/dalmia-bharat-sugar-fixes-record-date-for-dividend-check-key-takeaways/

A small cap company with a market cap of Rs. 2,811 crore that operates in the sugar industry is Dalmia Bharat Sugar and Industries Ltd. The company’s current total cane crushing capacity of 3…

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