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Sai Life Sciences' IPO saw an 84% subscription rate on its first day. Institutional investors showed strong interest. The IPO aims to raise Rs 3,042 crore. The company plans to use the funds for debt repayment. Analysts are cautious due to the IPO's high valuation. The offer includes a large OFS component. The IPO closes on December 13.
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News and Media
After more than 12 years, long-retired Chicago Bulls basketball star and NBA Hall of Famer Michael Jordan on Tuesday finally sold his massive mansion on 8.4 acres in Highland Park for $9.5 million well below his longstanding $14.855 million asking price.
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News and Media
Investors appear sanguine in the hours leading up to the print, with options on the S&P 500 index implying a move of 45 basis points. That's lower than the average realised move of 71 basis points over the past year, according to Bloomberg calculations. December S&P 500 futures were 0.1% higher as of 7:30 a.m. New York time.
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News and Media
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