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Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review. Source link
Are investors lining up out of long-term interest? Not at all. The game is played for listing gains. (AI image) By Ashish MenonApplying for IPOs has quietly become a national pastime. Every few weeks, millions of investors line up online, hoping for that one lucky allotment. The attraction isn’t ownership, growth, or dividends. It’s the…
NEW DELHI: US ambassador Sergio Gor lauded India’s role in maintaining stable oil prices around the world, saying Washington recognises ongoing purchases of Russian oil by the Indian govt are a part of this effort. The remarks by the ambassador follows the US’s decision last week, in the middle of the war in West Asia…
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Indian exporters have flagged fresh concerns over logistics disruptions and rising costs after the US and Israel launched strikes on Iran, triggering retaliatory attacks and escalating tensions across the Middle East.Industry bodies said prolonged instability in the region could disrupt key shipping corridors, push up marine insurance premiums and increase transportation costs, affecting outbound shipments…
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