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Shares of 200 obscure penny and micro-cap companies surged up to 65,000% in the past year. This rise reflects heightened investor interest despite these firms having limited earnings. Sri Adhikari Brothers Television's stock rose from 3 to 2,198. Sebi has suspended Bharat Global Developers' trading due to financial statement misrepresentation.
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News and Media
Family offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are considering acquiring a majority stake in Haier Appliances India's operations. Talks and non-binding offers are being made to take a 51% controlling interest, with efforts to include significant Indian business families and additional financial investors.
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News and Media
Starbucks baristas shut down the store at LaPorte Avenue and Silhavy Road in Valparaiso at noon on Christmas Eve in an attempt to bring the coffee behemoth to recognize the only unionized store in Valparaiso. It was one of 500 stores staging walkouts nationwide.
Category:
News and Media
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