[ad_1] NEW DELHI: BlackRock posted a rise in first-quarter profit on Friday, as a rebound in global equity markets bolstered the company’s investment advisory and administration fees. Net income for the world’s largest asset manager rose to $1.57 billion, or $10.48 per share, in the three months ended March 31, from $1.16 billion, or $7.64…
[ad_1] Bitcoin rallied to a record high on Friday in volatile trade, as crypto mania continued to sweep through the investment community.The leading cryptocurrency topped the $70,000 mark for the first time, boosted by investor demand for new US spot exchange-traded crypto products and expectations for global interest rates to fall.Billions of dollars have flowed…
[ad_1] MUMBAI: US-based asset manager BlackRock which holds a minority stake in troubled edtech startup Byju’s has slashed the company’s valuation to $1 billion as of October 2023. This is a 95% drop from its peak valuation of $22 billion at which the startup had raised $250 million in funding from investors in October 2022….
