Musk, who on Friday said his $44 billion deal to buy Twitter was on hold pending information on spam accounts, said that he suspects they make up at least 20% of users – compared to Twitter’s official estimates of 5%.
Twitter CEO Parag Agrawal said the platform suspends more than a half-million seemingly bogus accounts daily, usually before they are even seen. Elon Musk responded to that tweet by Agrawal with a poo emoji.
The unofficial trades in the grey market for LIC shares ahead of its listing on Tuesday have gone into a discount to the final offer price of Rs 949 per share. This indicates some listing day gains for policyholders and retail holders but marginal losses for others.
India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters.
At a time when major economies are bracing up with measures to control soaring prices of essential commodities, a report by State Bank of India (SBI) economists cautioned that India’s inflation internals are much different than those of advanced economies like the US.
