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Top News In இரண்டாம் நிலை பகிர் பிரசாதம் சிக்கல்கள் Today - Breaking & Trending Today

GameStop plans $1 billion stock sale, shares slide


2 Min Read
(Reuters) - GameStop Corp shares fell 12% on Monday after the video game retailer said it may sell up to $1 billion worth of stock as it takes advantage of a dizzying rally in its shares this year on the back of a Reddit-driven retail trading frenzy.
FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed GameStop logo in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
The company said it would sell up to 3.5 million shares and use the proceeds to speed up the shift in its business model to e-commerce in an overhaul being led by top shareholder and board member Ryan Cohen. ....

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Allies of jailed Kremlin critic Alexei Navalny pledge prison protest unless a doctor of his choice sees him


Updated
Allies of jailed Kremlin critic Alexei Navalny pledge prison protest unless a doctor of his choice sees him
3 Min Read
MOSCOW (Reuters) -Allies of jailed Kremlin critic Alexei Navalny said on Friday they would stage a rolling protest outside his prison next week unless he is examined by a doctor of his choice and given what they regard as proper medicine.
FILE PHOTO: Russian opposition politician Alexei Navalny takes part in a rally in Moscow, Russia, February 29, 2020. REUTERS/Shamil Zhumatov/File Photo
Navalny, one of President Vladimir Putin’s most prominent critics, has complained of acute back and leg pain and accused authorities of refusing him access to his chosen doctor and of declining to supply him with the right medicine for a condition he has joked darkly could deprive him of the use of both legs. ....

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Sweden's MTG to buy New Zealand-based Ninja Kiwi for up to $186 million


By Reuters Staff
2 Min Read
STOCKHOLM (Reuters) - E-sports and gaming group MTG has agreed to buy mobile games developer Ninja Kiwi for around 1.6 billion crowns ($186 million) to broaden its gaming portfolio, it said on Wednesday.
MTG said the up-front payment would be around 1.2 billion crowns with earn-out payments of up to 406 million crowns, including cash and share components.
The Swedish firm said in a separate statement that it was raising 1.1 billion crowns from a share issue which will be directed at Swedish and international institutional investors to finance the deal while investment firm Atairos had agreed to cover around 50% to become a significant long term shareholder in the firm. ....

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India's digital IDs for land could exclude poor, indigenous communities


By Rina Chandran, Thomson Reuters Foundation
4 Min Read
April 1 (Thomson Reuters Foundation) - Plans by the Indian government to assign digital identification numbers to plots of land could exclude rural and indigenous people who do not hold titles, and further marginalise those without internet access, experts said.
The 14-digit Unique Land Parcel Identification Number (ULPIN) was launched in 10 states earlier this year and will be rolled out across the country by March 2022, authorities at the Department of Land Resources told parliament this week.
The ULPIN will be based on the latitude and longitude of each parcel of land and will rely on surveys and cadastral maps, authorities said. Individual plot numbers will also be linked to bank records and the national ID Aadhaar numbers, they said. ....

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AMC Entertainment to issue 500 million shares, CEO tells CNBC


By Reuters Staff
1 Min Read
FILE PHOTO: Temporarily Closed is displayed on the marquee of a Regal theatre during the outbreak of the coronavirus disease (COVID-19), in New York City, U.S., April 29, 2020. REUTERS/Brendan McDermid/File Photo
(Reuters) - AMC Entertainment Holdings Inc is planning to issue 500 million shares to the public, the cinema operator’s top boss Adam Aron said in a CNBC interview on Thursday, a move that would help shore up its finances that have been hit by pandemic-related closures.
The company is seeking shareholder approval for the sale, he said.
Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur ....

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