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Ronald Wayne, the lesser-known third co-founder of Apple, sold his 10% stake for $800 in 1976—now potentially worth over $400 billion. Despite missing out, Wayne says he has no regrets, citing financial risk, personal liability, and his belief in making informed decisions at the time.
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Germany’s 10-year yield nudged up to a two-week ​high on Tuesday as ​the Strait of Hormuz remained effectively shut and ​oil prices climbed, leaving investors positioning for a longer-lasting period of weak growth and high inflation.
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Aluminium prices have surged amid a sharp global supply squeeze triggered by geopolitical tensions in the Middle East. Religare’s Ajit Mishra says the trend remains bullish, supported by thin inventories and structural deficits, though volatility is high. He recommends buying on dips with key support at Rs 348–350 and stop loss at Rs 335.
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Bagmane Prime Office REIT, backed by Blackstone, is launching an Initial Public Offering to raise Rs 3,405 crore. This marks India’s sixth listed REIT and fourth focused on office assets. The offering includes a fresh issue and a sale by existing unitholders. The IPO opens on May 5 and closes on May 7.
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India’s electricity system faces a critical juncture as soaring summer demand outstrips generation flexibility. While renewables meet daytime needs, evening peaks highlight a significant storage gap. Experts warn of potential shortages if storage capacity doesn’t scale rapidly to balance the grid and capture emerging profit opportunities.
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HSBC says Eternal’s growth will be uneven, citing rising competition in quick commerce as a key risk for Blinkit. While maintaining a Buy rating, it flags premium pricing and market share pressure amid aggressive rivals. Despite near-term volatility, HSBC sees strong long-term value, projecting significant EBITDA growth and up to 40-50% upside over the next...
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Noida International Airport’s opening will not severely affect Delhi airport’s business. Experts predict only a small passenger shift, mainly domestic. International traffic and high-yield revenue streams for Delhi airport are expected to remain strong. Noida airport may even help Delhi manage future capacity issues. GMR Airports’ stock shows potential upside.
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HSBC trims India equity exposure to boost South Korea, citing Korea’s explosive earnings growth. While India’s earnings recovery is real but gradual, the bank maintains long-term conviction. Investors are advised to stay optimistic and focus on emerging sectors. Herald van der Linde, Chief Asia Equity Strategist at HSBC, explains why the downgrade is tactical, not...
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Blackstone-backed Bagmane Prime Office REIT is poised to hit the capital markets with its Rs 3,405 crore initial public offering (IPO), scheduled to open on May 5.
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