The Dow and the S&P 500 opened flat on Friday as initial jitters about an escalation in the Middle East conflict subsided, while Netflix dropped after forecasting current-quarter revenue below estimates, weighing on the Nasdaq. The Dow Jones Industrial Average rose 26.60 points, or 0.07%, at the open to 37,801.98. The S&P 500 opened lower by 5.68 points, or 0.11%, at 5,005.44.
Open FlipFintech firm Cred has received the Reserve Bank of India's in-principle approval to be a payment aggregator (PA), according to a source close to the development. Being a PA helps companies to manage and move customers' money to merchants. This is not a final approval or license, which will be granted in around six to twelve months.
Open FlipHere's a deep dive and exclusive details of JNK India Ltd’s IPO. JNK India Ltd is launching its initial public offering (IPO) for equity shares valued at Rs 2 each. The IPO price range is set between Rs 395 and Rs 415 per equity share, resulting in a total issue size of Rs 649.47 crore at the upper price band. The IPO is scheduled to commence on April 23, 2024, & will conclude on April 25, 2024.
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