With over-allotment of shares, Saudi Aramco raises to $29.4 billion

On Sunday, the oil company Saudi Aramco stated, that it had decided to sell an additional 450 million shares, increasing the size of its initial public offering (IPO) to a record of $29.4 billion.

In its December IPO, Aramco primarily raised a record level capital of $25.6 billion, by s...

Trends changing at the markets

The stock markets only across the earth are changing, and there has been some serious volatility seen in the markets that have caused major losses to the markets but in the past week the market has started to stabilize a little, and this is a very good sign for the investors who were worried that...

Good news for finance in India

Indian finance has been in turmoil over the past months and there seem to be no signs of this getting better at any point. Finance in India is a very difficult topic to govern in a nation as huge as India. The nation has a very diverse banking infrastructure giving the liberty to privatize as wel...