Several high-profile celebrities including Amitabh Bachchan, Karan Johar, Madhuri Dixit, Rahul Dravid and Zaheer Khan have invested in Swiggy’s pre-IPO shares via the unlisted market, as the food delivery platform prepares for its highly anticipated initial public offering (IPO). According to The Economic Times, around 200,000 shares of Swiggy have already been acquired by notable […]

NEW YORK, September 26, 2024–(BUSINESS WIRE)–CION Investment Corporation (NYSE: CION) (the “Company” or “CION”) announced today that it has priced an underwritten public offering of $150.0 million aggregate principal amount of unsecured notes due 2029 (the “Notes”), which will result in net proceeds to the Company of approximately $145.4 million after the payment of underwriting […]

US stocks jumped on Thursday, setting the stage for fresh record highs. Investors welcomed a slew of updates, including solid US economic data, Micron’s (MU) upbeat earnings, and China’s pledges of more stimulus, while they waited to hear from Jerome Powell. The Dow Jones Industrial Average (^DJI) rose 0.4%, while the S&P 500 (^GSPC) added […]

TCW backtracks on ETF conversion plan  Financial Times Read the full article…

Grid Dynamics Holdings, Inc. (NASDAQ:) CEO Leonard Livschitz has sold shares of the company’s common stock, according to a recent SEC filing. The transaction involved the sale of 15,000 shares at an average price of $13.73, totaling approximately $205,950. The shares were sold on September 24, 2024, and the prices at which the stock was […]

The Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients’ predesignated investment limits over a two-year period. The two companies settled separately and will pay a combined $9.3 million to resolve the claims. The SEC found Harvest exposed investors to greater financial risks and Merrill connected clients to […]

Diagnosis of the Issue Accessing climate finance remains a persistent challenge for stakeholders at all levels, particularly local communities who require funding to address diverse adaptation needs across critical sectors like food security, water management, and public health. These local actors often face limited options when it comes to financial resources specifically tailored to their […]

BNY Mellon is taking significant steps toward entering the crypto custody market, particularly for Bitcoin and Ethereum exchange-traded funds (ETFs), after securing an exemption from the SEC, Bloomberg News reported on Sept. 24. According to the report, BNY Mellon received an exemption from the SEC’s Staff Accounting Bulletin 121 (SAB 121) during a review by […]

TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, TPG Rise, announced that it has raised $1.25 billion in initial capital commitments for its new Global South Initiative (GSI) strategy, aimed at accelerating transformative climate solutions across the Global South, including a $500 million commitment from UAE-backed climate investment platform ALTÉRRA. […]

Obama Promised He Wouldn’t Raise Taxes On the Middle Class. He Lied.  Forbes Read the full article…