Bitcoin Getting Lot of Attention, Software Firm MicroStrategy Purchases Bitcoin of More than USD 2 Billion

There is a boom in the crypto market after the victory of Donald Trump in the presidential election in America. The price of Bitcoin, the largest cryptocurrency in terms of market value, is also increasing. Institutional investors are also betting in this segment. In this series, MicroStrategy, one of the big software companies, has spent…

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ED Said to Summon Amazon, Flipkart Executives in Investigation of Foreign Investment Law Violations

The scope of investigation by the Enforcement Directorate (ED) has increased against big e-commerce companies Amazon and Flipkart due to alleged violations of laws related to foreign investment. Under this investigation, ED may soon send summons to senior executives of Amazon and Flipkart. These companies say that they follow the laws of the country. However,…

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Bitcoin Still Celebrating Victory of Donald Trump in US, Price Reaches New High of More than USD 81,000

The crypto market is bullish after Donald Trump’s victory in the US presidential election last week. Bitcoin, the largest cryptocurrency by market value, created a new high of more than $81,000 on Monday. The price of Bitcoin was up almost three percent to around $81,500 on international exchanges and around $81,709 on Indian exchanges. Although,…

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Reliance Lobbies for Satellite Spectrum Auction in Clash With Starlink of Elon Musk

Billionaire Mukesh Ambani’s Reliance Industries has asked the telecom regulator to reconsider its plans regarding satellite spectrum. The Telecom Regulatory Authority of India (TRAI) has planned to allocate satellite spectrum rather than auction it. Last month, Telecom Minister Jyotiraditya Scindia had said that the central government will allocate this spectrum as per global trends. However,…

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Tesla Gets Strong Boost After Win of Donald Trump in US, Market Value Crosses USD 1 Trillion, Wealth of Musk Also Increased

Tesla, one of the big electric vehicle (EV) companies, has benefited from Donald Trump’s victory in the US presidential election. The market capitalization of the company increased to more than one trillion dollars. Tesla CEO, Elon Musk had openly supported Trump in this election. Tesla shares rose more than six percent on Friday to more…

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