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The crypto sector's market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape.
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News and Media
Several Indian companies, including Life Insurance Corporation of India, Hero MotoCorp, and Zydus Lifesciences, will soon set record dates for dividend distribution. Shree Cement and Thangamayil Jewellery's ex-date and record date is on July 21. Voltamp Transformers' ex-date and record date is on July 22.
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News and Media
Blackstone has withdrawn from the consortium seeking to invest in TikTok's U.S. operations amid uncertainty and delays in the deal, which is now entangled in U.S.-China trade talks. The consortium, led by Susquehanna International Group and General Atlantic, aimed for U.S. investors to own 80% of TikTok.
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News and Media
In Doha, the Democratic Republic of Congo and the M23 rebels committed to peaceful resolution, signing a declaration of principles to end their conflict. With the US special envoy present, the agreement, brokered by Qatar, sets a deadline of August 8 for commencing peace negotiations. This marks a significant step towards resolving the nearly four-year-long conflict.
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News and Media
Tesla faces a sales slump. An information technology executive, Raj Jegannathan, now leads the sales team. He replaces Troy Jones, who recently departed. Jegannathan lacks traditional sales experience. Demand for Tesla cars has decreased in Europe and North America. This is due to several factors. These include increased competition and backlash against Elon Musk's politics.
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News and Media
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