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Qualcomm’s $75M Settlement: Payment Update Details
Qualcomm, previously accused of anti-competitive practices in 2017, has agreed to pay $75M to settle a lawsuit filed by investors over stock drops caused by these allegations. The company was accused of offering reduced fees only to big companies like Apple. Notably, Qualcomm is now accepting claims after the deadline, allowing affected investors to check…
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Adani Shift: Breaking News Alters Strategy
The content discusses the potential impact of emerging allegations against Adani, a prominent figure, and how these allegations might overshadow other significant news events. The author suggests that this pattern is similar to a previous case involving the SEBI chairman in Kolkata. They speculate that various distractions, such as war news, big policy changes, or…
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HDFC Life Call: Is it Legit or a Scam?
The content discusses an investment plan proposed by an agent, involving an annual payment of 1,10,000 for 10 years, and receiving 1,07,000 back for the next 10 years from the 12th year onwards. Some users suggest it is a ULIP (Unit Linked Insurance Plan) or a guaranteed income plan, while others deem it a scam…
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Diverse ELSS Investments: Beyond Quant Fund Options
The provided content discusses the suitability of investing in Equity Linked Saving Scheme (ELSS) funds for a taxpayer in the 30% bracket. If filing returns under the New Tax Regime, ELSS investments may not be necessary. However, for those still filing under the Old Tax Regime, funds like SBI, Motilal, Birla, Bandhan, Axis, and Mirae…
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Adani’s Unstoppable Ascent: A Market Mystery
The content discusses the rising stocks of Adani Group despite recent allegations and controversies. Some users believe that the rise is due to manipulation by operators to attract retailers, while others attribute it to the company’s strong fundamentals and potential for long-term growth. The Dow Theory is also mentioned, suggesting that stocks can rise even…
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Indian Markets: String of L’s Persist
The content discusses recent losses (‘L’s) in the Indian stock market, including events such as Adani’s recent loss, the Ukraine conflict, inflation, slowing economy, underwhelming corporate profits, and FII selling due to overvaluation and more attractive markets elsewhere. The author also mentions potential future losses, such as BJP losing Maharashtra, slower than expected Q2 GDP…
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Adani Indictment Fallout: Impacts & Implications
The content discusses potential legal issues faced by the Adani Group, an Indian conglomerate, due to allegations of bribery and fraud. The US Securities and Exchange Commission (SEC) has reportedly initiated an investigation into the matter, and an arrest warrant has been issued against the group’s chairman, Gautam Adani. The allegations suggest that Adani lied…
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Adani Stocks: Avoid the Dip, Here’s Why
The Adani Group is under investigation by the FBI, DOJ, and SEC for allegedly bribing Indian officials to secure solar contracts. This has led to a 25% drop in Adani’s shares, and the possibility of difficulty raising funds from US markets for future projects. The Adani Group has released a statement denying the allegations and…
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