Elon Musk secures funds for $43-bln Twitter take over; here’s what to expect next

Financial Express Newsletter

22 APRIL 2022 View in Browser

DAILY NEWSLETTER

Elon Musk secures funds for $43-bln Twitter take over; here's what to expect next   With Musk making formal arrangements to secure financing for the deal to buy Twitter, the social media platform's board would need to take his offer seriously. Musk could even directly reach out to Twitter shareholders and launch a tender offer.     Mukesh Ambani back among world's top 10 richest people, RIL share price surge bumps his net worth by $2.4 bn   Mukesh Ambani's net worth surged by $2.44 billion to $103 billion after the RIL share price jumped to all-time highs. Ambani's net worth has risen by $13.3 billion so far this year, making him the third largest wealth creator among the world's top 10 richest people in 2022.     Johnson-Modi meet: India-UK focus on Indo-Pacific, FTA, defence, maritime security and more   In his joint address to the media persons at the end of talks, Prime Minister Modi announced that the two countries have agreed to conclude the FTA by the end of this year.     Make in India boost: PM lays foundation stone for upgradation of Indian Railways Dahod workshop to loco manufacturing un...   The 9000 HP locomotives will be equipped with an automatic train protection system 'Kavach'.     Nifty 50 earning likely to grow 20% in FY23; Use dips to accumulate large cap quality IT stocks | INTERVIEW   India's economic growth is accelerating, which is quite evident from the strong growth in high frequency economy numbers. The current correction is an opportunity to accumulate select stocks for the long term.     Sensex snaps gaining run amid weak global cues, Nifty support for next week in 17000-16800 range   Bears returned to Dalal Street on Friday amid weak global cues, forcing headline indices to close with losses.     India's biggest sign of economic distress; labour force shrinks to 8-month low in March, says CMIE   In the labour force market, the count of employed fell by 14 lakhs while the count of unemployed shrunk by 24 lakhs, CMIE said.     Gadkari inaugurates & lays foundation stone of 33 National Highway projects in Raipur worth over Rs 9,000 crore   The Union Minister said these National Highway road projects will facilitate connectivity of Chhattisgarh with the states of Jharkhand, Odisha, Madhya Pradesh, Uttar Pradesh and Maharashtra.     Earth Day 2022: Business's race to a sustainable future   The latest report of the Intergovernmental Panel on Climate Change asserts that the rise in weather and climate extremes has led to "irreversible impacts as natural and human systems are pushed beyond their ability to adapt."     2022 Maruti Suzuki XL6 vs Ertiga vs Kia Carens: Price, specs, mileage, comparison   The new 2022 Maruti Suzuki XL6 Facelift has been launched in India at a starting price of Rs 11.29 lakh, ex-showroom. Here's how this premium six-seater MPV fares against its arch-rivals, which include the Maruti Suzuki Ertiga and the Kia Carens.

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