Tesla Share Extends Rally After Donald Trump Win in US, Market Value of Company Increases More than USD 300 Billion

The share price of electric vehicle (EV) maker Tesla is rising due to Donald Trump’s victory in the presidential election in America. The company’s shares have increased by more than 39 percent since the results of this election were announced last week. Tesla CEO, Elon Musk had openly supported Trump. Investors hope that Tesla will…

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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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