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Urban Company's shares have soared, exceeding expectations after a blockbuster IPO, reaching a 69% gain over the issue price. While analysts suggest booking partial profits, they also highlight the company's strong market position and growth potential. The company recently turned profitable with a net profit of Rs 240 crore in FY25, further fueling investor interest.
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News and Media
Platinum is emerging as a top performer in 2025, with prices soaring nearly 57% year-to-date. A significant market deficit, driven by declining mine output in South Africa and robust demand from the automotive and jewelry sectors, fuels this rally. Chinese and Indian buyers are increasingly favoring platinum over gold, further boosting demand.
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Rashidun Bokhari, a prominent figure in Queens' Bangladeshi community, was convicted of wire fraud for embezzling over $1 million from fellow immigrants. He exploited their shared background, promising real estate deals that never materialized, leaving victims financially devastated. The Bokhari's flamboyant lifestyle, funded by the fraud, is now under scrutiny as the government seeks restitution through liens on their properties.
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News and Media
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