APN News

  • Tuesday, April, 2022| Today's Market | Current Time: 01:36:30
  • Value of Top Five Tech Companies Trading on the London Stock Exchange hit $173.6B, a $21B Jump YTD

    The year 2020 was probably one of the most challenging years for the London Stock Exchange, as the total number and the value of companies listed in London plunged to an all-time low. Although their combined market value is still below pre-COVID-19 levels, the last few months have witnessed a significant recovery, and tech companies […]

    Digital Advertising Revenue To Reach $500B Globally In 2022- 15%YoY Growth In 2021

    Many tech historians consider 1994 as the year that digital advertising came to be when the first banner ad appeared on HotWired.com. Since then the industry has become one of the most lucrative in the world and is set to cross a significant milestone in 2022. According to data presented by Wette.de , Digital Advertising […]

    US Gaming Market to Hit 50% Penetration Rate in 2022, Revenues to Jump Over $33.5B

    With more than 2.6 billion users expected to spend over $156bn on games in 2021, the global gaming industry continues its impressive growth. As the world’s second-largest gaming market, the United States generates the lion’s share of global gaming revenues. According to data presented by SafeBettingSites.com, the US video games market is expected to continue […]

    Consumers spent $40 billion on App Store in H1 2021, almost double than on Google Play

    Consumers continue to spend significant amounts on mobile apps inspired by the recent growth of the sector. Amid the spending spree, Apple’s App Store has sustained the top position across the years. According to data acquired by Finbold, consumers spent an estimated $41.5 billion on apps from the Apple App Store during the first six […]

    Vishal Fabrics Limited Promoter Group Executes Trade of 10,16,000 Equity Shares

    Share Acquisition results in increase of promotor holdings with 1.54% in the company Vishal Fabrics Limited (VFL) is a leading denim manufacturing and fabric processing unit incorporated in 1985. A part of the renowned Chiripal Group, Vishal Fabrics constantly strives to improve and innovate with its wider fabric manufacturing capacity and carbon-reducing technology across its […]

    Americans set to spend more than $60 billion for 5G smartphones in 2021

    The global penetration of 5G is increasing as different regions continue to adapt the revolutionary technology. Consequently, most Americans are projected to spend more on 5G enabled smartphones. According to data acquired by Finbold, Americans are expected to spend a whopping $61 Billion on 5G smartphones in 2021. The amount accounts for 12.5% of the […]

    Robo-advisors to Become a $2T Worth Industry by 2023

    The robo-advisors market has experienced massive growth during the pandemic, with more investors than ever using these digital platforms for automated, algorithm-driven investment services. Last year, the entire industry hit over $1trn value, despite the market volatility caused by the COVID-19. However, the following years are set to witness even more impressive growth. According to […]

    RITES Q1FY22 PAT Up By 19.8% :Rites Declares Interim Dividend Of `2 Per Share

    Gurugram : RITES Ltd. (NSE: RITES, BSE: 541556), the leading Transport Infrastructure Consultancy and Engineering company, reported its standalone and consolidated financial results for the Quarter ended on 30th June, 2021. Highlights for Q1FY22 Consolidated Financials Total Revenue stands at `377 crore against `379 crore in Q1FY21 Operating Revenue stands at `355 crore against `335 […]

    Bharti backed OneWeb Announces Significant New Equity Partner

    Hanwha Systems of South Korea invests USD 300m for an 8.8% share Brings advanced technology capabilities to investor line-up Brings OneWeb total equity investment to USD $2.7bn London : Hanwha, the South Korean Fortune 500, global technology and manufacturing company has announced a USD $300m equity investment by Hanwha Systems (“Hanwha”) in OneWeb, the Low […]

    Combined Market Cap of World’s Largest Airlines Plunges by $12B as COVID-19 Cases Climb

    Airline companies are still far from pre-pandemic profit and sales as some of their businesses, like business travel, are not even comparable to normal levels. However, the growing number of COVID-19 cases, fears of new travel restrictions due to Delta variant and concerns about the economic recovery caused a new hit to airlines stocks. According […]