Monday, October 12
Mumbai: In a rare instance, Jetking Infotrain, a Mumbai-based firm in the business of IT hardware training, raised money through a share sale to buy virtual digital asset Bitcoin.On Wednesday, the company with a market value of ₹79 crore informed exchanges that it had completed a preferential issue of shares, raising ₹6.10 crore by allotting 3.96 lakh shares at ₹154 each. The company did not disclose to whom it sold the shares. Jetking said it deployed the entire corpus and used its cash to buy the cryptocurrency.Jetking shares rose 2% to close at ₹133.60.As of March 31, 2025, the company held 15.02 bitcoins on its balance sheet. As of May 28, 2025, the company holds 21 bitcoins acquired at an average purchase price of ₹64.6 lakh, valuing it at ₹13.6 crore.Generally, listed fir
Mumbai: Indian benchmark indices ended on a positive note on Thursday, but gains were muted compared with other Asian markets, which rose after a US federal court ruled that US President Donald Trump's reciprocal tariffs were illegal and blocked his plan to impose broad import duties under emergency powers.NSE's Nifty gained 81.15 points, or 0.33%, to close at 24,833.6, while BSE's Sensex rose 320.7 points, or 0.39%, to end at 81,633.02. Both indices had fallen about 0.3% intraday.Elsewhere in Asia, Japan rose 1.9%, China gained 0.7%, Hong Kong advanced 1.35%, South Korea was up 1.9%, and Taiwan ended flat.121500481"Indian markets underperformed relative to other Asian indices, primarily due to a strong rally earlier in the May series and significant call writing at the 25,000 level ahead
