Oil prices climb as investor risk appetite grows
Oil prices climbed on Monday, reversing some of Friday’s losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite.
Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel by 0037 GMT after falling 90 cents on Friday. Brent November futures settled down 7 cents at $95.31 a barrel at the contract’s expiry on Friday.
U.S. West Texas Intermediate crude futures gained 23 cents, or 0.3%, to $91.02 a barrel, after losing 92 cents on Friday.
Govt committed to big reforms that will accelerate growth and progress, develop India by 2047: PM Modi Senior Citizen Fixed Deposits offering up to 9.5% in Aug – Check latest interest rates after the recent hikes Mirae Asset launches India’s first multicap ETF: Minimum amount to invest, last date of NFO, who should invest? Ola Electric shares jump over 16% after flat listing
Both benchm…
Ola Electric anticipated to launch anchor book for its IPO on Aug 1- Reports
Ola Electric owned by Bhavish Aggarwal is preparing to launch the anchor book for its highly anticipated IPO on August 1, with the issue expected to open for public subscription between August 2 and August 6, Moneycontrol reported. As per the projected timeline, the firm will likely be listed on August 9, making it the first Indian EV two-wheeler to drive into Dalal Street.
On July 24, it was reported that Ola Electric plans to raise approximately $740 million through a combination of a new issuance and an offer for sale, with a post-money valuation of $4 billion to $4.25 billion. The company competes with TVS Motors, Bajaj Auto, and Ather Energy.
Additionally, Ola Electric has submitted its draft red herring prospectus (DRHP) to the market regulator SEBI on December 22, 2023. The investment banks involved in the sale include Kotak Mahindra Capital, Axis Capital, Goldman Sachs, ICICI Securities, Citi, BofA Securities, SBI Caps, and BoB Caps. The company couns…
Rupee rises 13 paise to close at 82.83 against US dollar
The rupee appreciated 13 paise to close at 82.83 (provisional) against the US dollar on Thursday, tracking the weakness of the American currency in the overseas market and positive domestic equities.
Forex traders said elevated crude oil prices weighed on the local unit and restricted a sharp uptick.Come from Sports betting site VPbet
At the interbank foreign exchange, the local unit opened at 82.94 against the greenback. It hit an intraday high of 82.83 during the day.
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The domestic unit finally settled at 82.83 (provisional) against the dollar, higher by 13 paise from its previous cl…
Reliance Industries continues to be on Jefferies ‘Buy’ list with price target of Rs 2,990; upcoming renewable ventures key positive
Jefferies has recommended a ‘Buy’ call on Reliance Industries, with a target price set at Rs 2,990 per share. The recommendation comes in anticipation of Reliance Industries’ ambitious plans to commission Phase I of its photovoltaic (PV) module and storage capacity by mid-calendar year 2024.
Jefferies acknowledges the challenges faced by the global renewable equipment sector due to Chinese overcapacity, which has impacted profitability. However, the brokerage firm remains optimistic about the outlook for Reliance Industries, citing several factors that could positively influence the company’s renewable ventures.
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The Indian government’s aggressive installation targets, coupled with a reduction in bidding competition, are expected to enhance the economic viability of Reliance Industries’ foray into renewabl…
The Final Red Vs. Blue Movie Is Coming To Blu-Ray
One of the longest-running web series, Red vs. Blue, came to a close earlier this year with its final full-length feature, Red vs Come from Sports betting site VPbet. Blue: Restoration, which is now set to launch on Blu-ray on October 8. For fans who want to own a physical edition of the movie, you can preorder the Red vs. Blue: Restoration Blu-ray for $17 (was $20) at Amazon.
…
Summerslam 2021 Results- Live Updates, Match Card, And Surprises
It’s time for the biggest party of the summer. WWE’s 2021 Summerslam PPV is coming to you from Allegiant Stadium in Las Vegas, Nevada. The show will feature a live audience, so prepare yourself for people singing along to Edge’s theme music during his entrance. As the PPV airs, you can check out live match results, along with our thoughts and notes about what unfolds during the event (including any surprises WWE may reveal).
Summerslam will see return matches for two wrestling superstars: Goldberg and John Cena. Of course, Cena’s been wrestling pretty regularly after TV tapings end and at house shows, so technically, this is just his televised return match. They won’t be fighting each other though. Goldberg will be taking on the exceptionally dominant Bobby Lashley for the WWE Championship and Cena will face the “Head of the Table” Roman Reigns for the Universal Championship.
If you want to watch Summerslam, you’ll need to subscribe to Peacock–or WWE Network if you live…
Boss of Philippines regulator opposes tax breaks for local iGaming firms
The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly come out against the idea of granting limited tax breaks to firms holding a Philippine Offshore Gaming Operator (POGO) license.
According to a report from Inside Asian Gaming, Andrea Domingo (pictured) serves as the Chair and Chief Executive Officer for the state-run organization and voiced her antagonism as legislators are continuing to consider a measure that is looking to introduce a unified tax system for all POGO license holders. However, the source detailed that the final passage of this proposition has recently been delayed after local iGaming enterprises floated a counter that would see them awarded with special dispensations for basing operations in one of the nation’s many special economic areas such as the Subic Bay Freeport Zone or the Clark Freeport Zone.
Consistency call:
In a recent interview with the Philippine Daily Inquirer newspaper, Domingo report…
Crown Resorts Limited postpones shareholder vote on proposed takeover
In Australia and casino operator Crown Resorts Limited has reportedly postponed its definitive shareholder vote on the proposed $6.35 billion takeover approach from American private equity management firm The Blackstone Group Incorporated.
According to a Tuesday report from The Sydney Morning Herald newspaper, the three-week delay comes as the New York-headquartered suitor is still trying to convince local regulators that it is suitable to take over the company behind the impressive Crown Melbourne, Crown Perth and Crown Sydney facilities.
Definitive determinations:
Crown Resorts Limited reportedly used an official filing (pdf) to declare that The Blackstone Group Incorporated has been making ‘good progress’ in securing approvals from the gambling watchdogs for the states of New South Wales, Western Australia and Victoria although final endorsements ‘have not yet been obtained.’ The Sydney-listed operator had purportedly been due to hol…
Office Of Liquor And Gaming Regulation Issues AU$140,000 Fine To Star Entertainment Group For Violating Queensland Casino Laws
Today, August 2, it was revealed that Star Entertainment Group, an Australian-based gambling and entertainment company, must pay a fine of AU$140,000, which is approximately US$92.000, to the Office of Liquor and Gaming Regulation, Queensland’s gambling regulator, for “accepting credit card deposits and for distributing promotional material to players who were excluded from its casinos in Brisbane and the Gold Coast.”
Entering a guilty plea:
In compliance with details offered by Yvette D’Ath, Queensland Attorney-General, Star Entertainment Group “entered a guilty plea with the Magistrates Court in March in relation to 11 offences, after which it was ordered to pay a fine of AU$140,000 and court costs of AU$3,250 (US$2.140).” In addition, the seven offences relate to the company welcoming credit bets of over AU$170,000, which is roughly US$112.000, between 2017 and 2022. In better words, the company…
Playson Extends The Ear Platform Deal and Releases 777 Sizzling Wins 5 Lines Game
Playson, the ambitious supplier of digital entertainment content, extends the mutually beneficial partnership with The Ear Platform, a fast-growing aggregator operating across multiple regulated international markets. As of September 14, 2023, Playson’s new slot release 7777 Sizzling Wins:5 Lines may be included in the scope of the fruitful partnership with The Ear.
B2B Partnership
Under the continued B2B partnership deal, Playson will have its top-performing titles aggregated onto The Ear Platform. The delivery will include the selected slot series from the provider’s exciting portfolio. The initial shipment will contain the Hold and Win series package including gems like 3 Pots Riches: Hold and Win, Coin Strike: Hold and Win and Energy Coins: Hold and Win, to be sealed with the 777 Sizzling Wins:5 Lines new slot release.
Smooth Deal Renders Awesome Player Experience
The partnership …