Adani Power's board has approved a stock split, dividing each share of 10 into five shares of 2, aiming to broaden retail investor participation. The company reported a 15.5% drop in its Q1 consolidated net profit to 3,305 crore, with revenue declining 5.9% to 14,167 crore. Despite this, EBITDA from continuing operations stood at 5,744 crore.
Figma Inc. witnessed a remarkable 250% surge on its IPO debut, marking the largest first-day increase for a US-traded company exceeding $1 billion in three decades. Despite subsequent volatility, its market value soared to $61.5 billion, surpassing expectations from its abandoned Adobe merger.
The Illinois Gaming Board has revoked the license of an allegedly mob-connected operator of a video gambling license at a Steakn Egger diner in Cicero.
