INTERNET GIANT KAKAO IN PURSUIT OF EXCHANGEABLE BONDS TO EFFECT M&A’S

• South Korea‘s internet giant Kakao is mulling on allotting $300 million worth of exchangeable bonds to gather the capital  for its future mergers and acquisitions activities, the company said in a filing Thursday.
• The US dollar-enriched exchangeable bonds will be iss...

Nifty futures on the Singapore Exchange traded 43.50 points lower at 12,283

Nifty futures on the Singapore Exchange traded 43.50 points, or 0.35 per cent, lower at 12,283, signifying a low gap beginning for Dalal Street.

Here are a few stocks which may perform well in today’s trade:
 

United Spirits:  according ...