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Thursday, March 28, 2024
TopicSPAC

Topic: SPAC

Investor, ‘snake oil salesman’, brown brother: Amazing story of Sri Lankan Chamath Palihapitiya

The billionaire is dubbed the ‘king of SPACs’ (special-purpose acquisition companies), but the crown seems to be slipping. It’s not the first time his obituary has been written.

SPACs are all the rage to list companies on stock exchange – India must not turn a blind eye

Special Purpose Acquisition Companies, or SPACs, offer target companies a swift and hassle-free mechanism to list on stock exchanges.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Tejas Mk-1A carries out maiden flight but delivery to IAF delayed. Here’s why

According to contract for 73 Tejas Mk-1A and 10 trainer aircraft, inked on 1 February 2021, the first Tejas was to be delivered within three years of signing the deal — February 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.