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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The fundraise by the agricultural commodity exchange comes ahead of its entry into the equity market.
The National Commodity and Derivatives Exchange (NCDEX) has secured a major capital raise that sets the stage for its entry into the equity market. The agricultural commodity exchange has raised Rs 770 crore (about $87.99 million) from a group of 61 investors, including global traders as well as domestic brokerage firms.
International trading giants have shown confidence in NCDEX's prospects, with Kenneth Griffin's Citadel Securities, American high-frequency trading firm Tower Research Capital and Acacia Partners buying stakes of 1-2% each.
In particular, NCDEX CEO Arun Raste tells Reuters, Citadel Securities has committed Rs 17 crore, while Tower Research is …
The space tech startup’s next bet is to build a business where it can sell more than just hyperspectral imaging. The sky is the limit but the money is finite.
A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
The UAE’s stock markets are clawing back lost ground after losing more than $120 billion at the peak of the conflict.
