LIC Shares Surge 4.1% on Reports of Plans to Pay Dividend, Issue Bonus Shares

LIC Shares Surge 4.1% on Reports of Plans to Pay Dividend, Issue Bonus Shares

Shares of life insurance corporation (LIC) rose 4.1% to trade at Rs 611.1 during intraday trading Monday on the BSE, following reports that the company plans to shift almost $22 billion of policyholder funds to a fund designated for paying dividends or issuing bonus shares. According to the Reuters report, LIC is planning to transfer…

Twitter plans to charge $20 per month for verification

Twitter plans to charge $20 per month for verification

Twitter has plans to start charging users $19.99 a month for verification. According to The Verge, employees were given the first deadline by Elon Musk: Meet his timeline for starting paid verification on the platform, or quit immediately. Musk announced the plan on Twitter, after one user said that they were denied a prestigious blue…

Elon Musk Denies Twitter Employees’ Firing News Report To Avoid Payouts

Elon Musk Denies Twitter Employees’ Firing News Report To Avoid Payouts

Elon Musk has denied reports that he was firing Twitter employees at an earlier date than Nov. 1, in order to avoid the stocks distribution that was scheduled for that day. Twitters new owner, Elon Musk, has denied a New York Times report about laying off Twitter employees at a date earlier than November 1…