Nokia to acquire Infinera in $2.3 billion | Expected Synergies

Nokia to Acquire Infinera

Nokia to acquire Infinera: Nokia announced its intention to acquire Infinera, a leading provider of open optical networking solutions and advanced optical semiconductors, for an enterprise value of $2.3 billion. The transaction is expected to close by the end of the second quarter of 2024, subject to customary closing conditions and regulatory approvals. Nokia to Read more: Nokia to acquire Infinera in $2.3 billion | Expected Synergies..

TWFG IPO: TWFG seeking to raise $100 million

TWFG IPO

TWFG (The Woodlands Financial Group), a leading insurance distributor in the United States, has filed for an IPO on the Nasdaq under the ticker symbol TWFG. The company is seeking to raise $100 million through the offering. TWFG distributes property and casualty insurance with a focus on personal and small business lines. It operates a Read more: TWFG IPO: TWFG seeking to raise $100 million..

Fed Interest Rate’s impact on Indian Stock Market

US Fed Interest Rate’s impact on Indian Stock Market

The Federal Reserve System (US FED) is the central banking system of the United States. Its was created in 1913. With a focused view to provide the nation with a safer, more flexible, more stable monetary and financial system. US Fed: The current target range for the US Federal Funds Rate is 5.25% – 5.50%. Read more: Fed Interest Rate’s impact on Indian Stock Market..