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Elon Musk’s SpaceX sets the price of its Friday IPO on Nasdaq later today. While the company is currently valued at roughly $1.77 trillion, blockchain-based pre-IPO price discovery derivatives and prediction markets seem to think that’s too low. That gap is evident from three markets: Onchain perpetuals futures offered by Ventuals and trade.xyz, both running…
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Wipro’s Rs 15,000 crore share buyback opened on Thursday, allowing eligible shareholders to tender shares at Rs 250 apiece, significantly above the prevailing market price of under Rs 180.The IT major plans to buy back up to 60 crore shares, or around 5.7% of its total paid-up equity capital.The offer window will remain open from…
On 21st May, after a decade-long wait, the Competition Commission of India (CCI) absolved 12 Delhi-based super-speciality hospitals of allegations that they had subjected patients to exorbitantly marked-up healthcare charges. In what may prove to be a historic missed opportunity, the CCI effectively declined to intervene by holding that the regulation of healthcare pricing falls…
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