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In Short YouTube has partnered with SESAC to improve music licensing, making it easier for artists to manage their rights. This deal aims to ensure fair compensation, potentially increasing revenue for musicians using YouTube. YouTube creators will have easier access to SESAC’s catalog, reducing copyright issues. The partnership sets YouTube apart from other streaming platforms … Read more
The Indian Energy Exchange (IEX) witnessed a sharp decline in its share price, dropping over 8% in a single trading session, which left many investors concerned about the sudden fall. This drop in the IEX share price has raised questions about what triggered this downturn and what it means for the company and its investors. … Read more
In Short Arkade Developers IPO was subscribed 5.8 times on Day 1, with the retail portion oversubscribed 8 times. The company, founded in 2003, is a well-known player in Mumbai’s real estate market. The IPO funds will be used for real estate project development, debt repayment, and corporate expansion. Arkade Developers has built a strong … Read more
The much-anticipated Bajaj Housing Finance IPO allotment is being finalized today, September 12, 2024. This ₹6,560 crore IPO received an overwhelming response from investors, with a record-breaking subscription rate of 63.61 times. With demand exceeding expectations, investors are eagerly awaiting to check if they have been allotted shares in this blockbuster offering. Key Details of … Read more
In Short The Huawei Mate XT is the world’s first tri-fold smartphone, priced at $2,800 (₹2.32 lakh). Features include a 10.2-inch display, 16GB RAM, and 5G support, designed for both work and entertainment. Pre-orders have already crossed 2.7 million, ahead of its official sale on September 20, 2024. Aimed at competing with Apple’s premium segment, … Read more
In Short Tata Motors’ share price dropped 5% following a UBS ‘sell’ recommendation, with a potential 20% downside. JLR’s premium models, which have been key to its recent success, face declining orders and potential discount increases. Weakening demand in India’s commercial and passenger vehicle segments is adding to market challenges. UBS predicts margin slippage in … Read more