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Flipkart raises $3.6 billion; current value at over $37.6 billion | Softbank | Oneindia News

Video Credit: Oneindia - Duration: 01:43s - Published
Flipkart raises $3.6 billion; current value at over $37.6 billion | Softbank | Oneindia News

Flipkart raises $3.6 billion; current value at over $37.6 billion | Softbank | Oneindia News

Flipkart has raised $3.6 billion in a new round of funding boosting its online shopping expansion in India and taking on rivals like Amazon, Reliance Industries and the Tata Group.

#Flipkart #Walmart #Funding


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SoftBank Group SoftBank Group Japanese investment holding company

Japan’s Nikkei Stock Index Surges to an All-Time High [Video]

Japan’s Nikkei Stock Index Surges to an All-Time High

Japan’s Nikkei Stock Index , Surges to an All-Time High. The Nikkei 225 reached an all-time high on Feb. 22, AP reports. . It closed at 39,098.68, surpassing the record of 38,915.87 that was set in December of 1989. Shares related to computer chips helped to lead the rally on Feb. 22, AP reports. On Feb. 21, Nvidia reported that its fiscal Q4 revenue jumped from $6.05 billion to $22.1 billion. Accelerated computing and generative AI have hit the tipping point, Jensen Huang, founder and CEO of Nvidia, via statement. Demand is surging worldwide across companies, industries and nations, Jensen Huang, founder and CEO of Nvidia, via statement. Meanwhile, shares in Tokyo Electron, Advantest Corp. and SoftBank Group Corp. were up 6%, 7.5% and 5.1%, respectively. . Prior to the recent surge, Japan's benchmark rate has stayed at -0.1% for more than 10 years, AP reports. . But within the past few months, Tokyo share prices have risen 15%. The past year has seen a 44% increase in share prices. . As Japanese companies show signs of change I think investors are taking a closer look, Hiromi Yamaji, group CEO of the Japan Exchange Group, via an online briefing sponsored by 'The Financial Times'. The generation is changing, Hiromi Yamaji, group CEO of the Japan Exchange Group, via an online briefing sponsored by 'The Financial Times'

Credit: Wibbitz Top Stories    Duration: 01:30Published
New Saudi investment firm teams up with SoftBank and Chinese Dahua Technology [Video]

New Saudi investment firm teams up with SoftBank and Chinese Dahua Technology

Saudi Arabia's new investment firm Alat announced four partnerships with global companies as the country makes efforts to turn into a technology manufacturing hub.

Credit: euronews (in English)    Duration: 04:02Published

Oneindia Indian online news portal

Union Sports Minister Anurag Thakur Says, India is Ready to Host the 2036 Summer Olympics | Oneindia [Video]

Union Sports Minister Anurag Thakur Says, India is Ready to Host the 2036 Summer Olympics | Oneindia

Union Minister Anurag Thakur announces India's readiness to host the 2036 Summer Olympics, along with the 2030 Youth Olympics. Get the full scoop on India's sporting ambitions and plans in this exclusive interview with NDTV. #2036SummerOlympics #SummerOlympics2036 #SummerOlympics #AnuragThakur #YouthOlympics2030 #ParisOlympics #Oneindia ~PR.274~ED.103~GR.124~HT.96~

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Manipur Government's Weekend Work Order Sparks Outrage Before Easter | Oneindia News [Video]

Manipur Government's Weekend Work Order Sparks Outrage Before Easter | Oneindia News

Manipur governor's decree for government offices to operate on March 30-31, coinciding with Easter, draws criticism from tribal groups, citing offense to Christian sentiments. With Manipur's significant Christian population, concerns are raised over the disregard for religious observance. This decision reignites tensions in the ethnically diverse state, exacerbating existing fault lines between tribal communities and the majority Meiteis. #Manipur #Kuki #Meiti #Kukizo #Christians #Manipurnews #Manipurcrisis #Manipurupdates #Manipurp #Indianews #Politics #Oneindia #Oneindianews ~PR.152~ED.155~GR.125~HT.96~

Credit: Oneindia    Duration: 03:04Published
FM Nirmala Sitharaman Declines Lok Sabha Candidacy: 'Don't Have Money to...' | Oneindia News [Video]

FM Nirmala Sitharaman Declines Lok Sabha Candidacy: 'Don't Have Money to...' | Oneindia News

Discover why Finance Minister Nirmala Sitharaman has opted out of contesting Lok Sabha elections, citing financial constraints and concerns over winnability criteria. Get the full story behind her decision and its implications. #NirmalaSitharaman #LokSabhaElections #LokSabhaElections2024 #LSElections24 #Sitharaman #FinanceMinister #LokSabhaCandidacy #Oneindia ~PR.274~GR.122~ED.101~

Credit: Oneindia    Duration: 02:12Published
Moscow Attack: More Than 100 Russians Still Missing Days After Concert Hall Attack| Oneindia News [Video]

Moscow Attack: More Than 100 Russians Still Missing Days After Concert Hall Attack| Oneindia News

The final toll from the Moscow concert hall attack could exceed the confirmed 143 mark, as over 100 missing persons reports are received by Russian investigators. The attack, the deadliest in two decades, saw gunmen storm the venue, shooting civilians before setting the building ablaze. ISIS claimed responsibility, but Russian President Putin baselessly accused Ukraine, sparking international controversy. #Moscow #RussiaAttack #CrocusCityHall #PresidentPutin #Putin #Russianews #VladimirPutin #Islamists #Worldnews #Oneindia #Oneindianews ~PR.152~ED.102~GR.125~HT.96~

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Illinois Attack: Four Lives Lost, Seven Injured in Stabbing Spree, Suspect in Custody| Oneindia News [Video]

Illinois Attack: Four Lives Lost, Seven Injured in Stabbing Spree, Suspect in Custody| Oneindia News

A stabbing spree in northern Illinois leaves four dead and seven injured, with a 22-year-old suspect in custody. Rockford Police Chief Carla Redd expresses condolences to the victims' families, while the community grapples with shock and disbelief. Authorities are investigating the motive behind the heinous crime, as residents offer support and assistance in the aftermath of the tragic incident. #Illinoisattack #Illinois #RockfordPolice #CarlaRedd #USnews #Americanews #CrimeNews #Worldnews #Oneindia #Oneindianews ~PR.152~ED.103~GR.122~HT.96~

Credit: Oneindia    Duration: 02:03Published

Reliance Industries Reliance Industries Indian multinational conglomerate

Reliance-Disney Merger: Nita Ambani is now the most powerful woman in Indian Media, Reports [Video]

Reliance-Disney Merger: Nita Ambani is now the most powerful woman in Indian Media, Reports

Witness the rise of Nita Ambani as she takes on the helm of India's media landscape. Learn more about her journey and the significant impact she's set to make in the world of entertainment. #NitaAmbani #MostPowerfulWomen #IndianMedia #Ambanis #NitaMukeshAmbani #NitaAmbaniLifestyle #MukeshAmbani #AmbaniWedding #AnantAmbani #RadhikaAmbani #Disney #Reliance #DisneyReliance #Oneindia ~HT.99~PR.274~CA.146~ED.194~

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Who Is Radhika Merchant, Anant Ambani's Soon-To-Be Bride? | Oneindia News [Video]

Who Is Radhika Merchant, Anant Ambani's Soon-To-Be Bride? | Oneindia News

Discover the fascinating story of Radhika Merchant, the soon-to-be bride of Anant Ambani, youngest scion of Reliance Industries chairman Mukesh Ambani. From her upbringing in Mumbai to her educational journey at prestigious institutions and her professional achievements, learn about Radhika's diverse talents, cultural pursuits, and philanthropic interests. Join us as we delve into the life of Radhika Merchant, a blend of tradition, modernity, and promise. #RadhikaMerchant #AnantAmbani #RadhikaAnantWedding #AmbaniWedding #AnantAmbani #RadhikaMerchantAnantAmbaniWedding #MukeshAmbani #NitaAmbani #Oneindia ~HT.178~PR.274~ED.194~GR.123~

Credit: Oneindia    Duration: 03:03Published

Amazon (company) Amazon (company) American multinational technology company

These US Cities Have the Highest Populations of Millionaires [Video]

These US Cities Have the Highest Populations of Millionaires

These US Cities, Have the Highest Populations of, Millionaires. According to a report by Henley & Partners, the United States remains the top country in the world for private wealth creation and accumulation. Quartz reports that the U.S. accounts for about 32% of global liquid investable wealth, valued at approximately $67 trillion. Here are some of the cities with the largest populations of millionaires, according to the report. Austin, This Texas city had the biggest explosion in millionaire growth in the U.S. over the past ten years, reaching 32,700 by the end of 2023. . Miami, This Florida city is home to 35,300 millionaires and 15 billionaires, including Amazon CEO Jeff Bezos. Boston, While having just eight billionaires, the fewest of any other city on the list, this New England city is home to , 42,900 millionaires. Seattle, This Washington State city is the home of some of the largest corporations in the U.S., including Amazon and Microsoft. It's also home to 54,200 millionaires and 11 billionaires. . Chicago, Approximately 120,500 millionaires live in this Midwestern metropolis. . Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires. San Francisco, The tech hub of the U.S. boasts the most billionaires with a whopping 68, as well as the second-most millionaires with 305,700. . New York, The city with the most high net worth individuals has about , 349,500 millionaires and 60 billionaires

Credit: Wibbitz Top Stories    Duration: 01:31Published
Data Shows US Wages Falling at a 'Striking' Pace [Video]

Data Shows US Wages Falling at a 'Striking' Pace

Data Shows , US Wages Falling , at a 'Striking' Pace. Fox News reports that wage growth in the United States has slowed significantly over the past year. . According to new data from Indeed, wage growth is beginning to near pre-pandemic levels. . Indeed's wage tracker showed that salaries have had a marked drop since January 2022, suggesting that employers are seeing less competition for new hires. The pace of deceleration is striking. Posted wage growth has fallen by almost 3 percentage points over the past year, Nick Bunker, Indeed labor economist, via Fox News. Fox News reports that the most pronounced deceleration was found in low-wage sectors. . Given the huge run-up in posted wages for those sectors, wage growth is still above its pre-pandemic pace. How long this will last is uncertain, Nick Bunker, Indeed labor economist, via Fox News. After remaining historically tight throughout the last year, the labor market is expected to continue slowing in the coming months amid elevated interest rates. Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market. Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market. In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . Despite this, job growth has remained resilient, with employers adding 275,000 jobs in February. . At the same time, Labor Department data shows that the unemployment rate for the month also rose to 3.9%.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Jeff Bezos takes over Elon Musk as World's Richest Person | Bloomberg Billionaire Index | Oneindia [Video]

Jeff Bezos takes over Elon Musk as World's Richest Person | Bloomberg Billionaire Index | Oneindia

In a stunning turn of events, Tesla CEO Elon Musk has been dethroned as the world's richest person, with Amazon founder Jeff Bezos reclaiming the top spot. Join us as we delve into this dramatic shift in the billionaire rankings. #ElonMusk #WorldsRichestPerson #JeffBezos #BloombergReport #BloombaergBillionaireIndex #ElonMuskvsJeffBezos #FinancialNews ~HT.99~PR.274~

Credit: Oneindia    Duration: 01:29Published
Jeff Bezos Sells $4 Billion of Amazon Stock [Video]

Jeff Bezos Sells $4 Billion of Amazon Stock

Jeff Bezos Sells $4 Billion , of Amazon Stock. Earlier this month, Amazon revealed that Bezos would be offloading 50 million shares by Jan. 31, 2025. Earlier this month, Amazon revealed that Bezos would be offloading 50 million shares by Jan. 31, 2025. According to regulatory filings, since Feb. 9, Bezos sold 24 million shares over the course of four trading days. The last time he sold stocks was in 2021, Yahoo Finance reports. . Bezos, one of the world's richest men, didn't provide a reason for the timing of his recent sale. . But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. . But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. . In 2022, Washington instituted a 7% capital gains tax. Bezos' decision to move to Florida will likely save him $288 million so far, Yahoo Finance reports. . "Because Bezos has only ever bought a single share of Amazon," it's likely that he's had the stock, since the formation of the company, "and therefore virtually all of their value would be considered capital gains," according to 'Bloomberg.'. According to Washington officials, capital gains tax brought in $855 million last year. Over half of that amount came from only 10 people. . In March 2023, billionaire Ken Fisher said he would move from Washington to Texas.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Economists Optimistic After Stocks Hit New Record [Video]

Economists Optimistic After Stocks Hit New Record

Economists Optimistic, After Stocks Hit, New Record. NPR reports that the S&P 500 has risen above 5,000 for the first time in history. The broad-based U.S. index of the most-known companies around the globe opened over the historic milestone at the opening bell on February 9. . Investors are feeling optimistic that we have sidestepped a recession, Sam Stovall, chief investment strategist at the financial research firm CFRA, via NPR. According to the latest economic data, the Federal Reserve appears poised to pull off its goal of achieving a so-called "soft landing" for the U.S. economy. . The potential good news comes after a year-long rate-hiking campaign by the Fed to combat high inflation amid widespread fears of a recession. So far, the S&P 500 is up over 5% in 2024, coming off of a strong 2023, which saw the index gain 24%. NPR reports that a select group of stocks, referred to as "The Magnificent Seven," accounted for most of the market's broader gains. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. It's a couple growth sectors, and that's it. What's leading the market is still more growth-y, tech-y stocks, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR. If you look at the history, my guess is we spend some time above 5,000, probably spend some time below 5,000, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR. And I think we can actually move well beyond 5,000, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR

Credit: Wibbitz Top Stories    Duration: 01:31Published

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