September 26, 2023
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Nifty 50 Surpasses 19,000, Sensex Hits Record High Above 64,000 in Remarkable Market Rally

In a remarkable surge, the benchmark index Nifty 50 soared to a fresh all-time high, surpassing the previous record of 18,887.6 set on December 1, 2022. The index reached an impressive milestone of 19,003.20 on Wednesday, marking a significant achievement after 142 trading sessions. Similarly, the Sensex, India’s prominent stock market index, also scaled new heights, touching a record high of 64,012.16, surpassing last week’s peak at 63,601.71.

Twitter Expands Character Limit to 25,000 for Blue Subscribers

Twitter, under the leadership of Elon Musk, has undergone substantial transformations, and the latest development aims to give its paid users more room for self-expression. In a significant move, the microblogging platform announced a substantial expansion of the tweet character limit exclusively for its Blue subscribers. These paid users can now compose tweets with a generous limit of 25,000 characters, allowing for more comprehensive and detailed messages.

Byju’s Seeks $1 Billion Funding to Counter Shareholder Revolt

To counter efforts aimed at reducing founder Byju Raveendran’s influence over the struggling technology startup, Byju’s is actively engaged in discussions with potential new shareholders for a fundraising round of $1 billion. The company aims to offer attractive incentives, such as preferential treatment in the event of liquidation, to win the support of these investors. None of the existing shareholders currently possess a liquidation preference, according to sources familiar with the matter. Byju’s, determined to secure fresh funds, aims to finalize this funding round within two weeks.

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