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Detailed stories on technology startups, business and economic current affairs.
After a successful IPO, retail investors’ interest in the public sector company keeps going up. But exits by institutional investors call for offering something different from peers.

The meteoric rise in Indian Renewable Energy Development Agency’s stock may have gone too far and too fast for its own good.
Ever since the public sector company made its market debut on 29 November 2023, shares have rallied 2.7x despite witnessing sharp correction in February. If you were one of the lucky few to have been allotted shares in its initial public offering, you’d be sitting at a 5x increase in your investment in just a matter of five months. The frenzy in IREDA’s shares peaked at the start of April when it announced 101% growth in loan sanctions, …
ADNOC’s strong numbers underline a strategy built on higher output, shipping gains and new routes that sidestep the risky Strait of Hormuz.
From cancelled races to scrambled calendars, the Iran conflict is testing an over two-decade partnership that powered the sport’s growth.
The UAE’s stock markets are clawing back lost ground after losing more than $120 billion at the peak of the conflict.