Reliance industries limited q3 results

- A + A (May 18): Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia. In the past three months, at least six Asia-related special purpose acquisition companies seeking a combined $1.3 billion from US IPOs have been scrapped, according to data provider SPAC Research. Of 12 blank-check firms that have filed to go public in Hong Kong, only one has actually started trading. It’s a similar pattern in Singapore, where SPACs have stalled after three inaugural IPOs in January. “The global IPO market has obviously been very quiet so far this year,” Paul Uren, JPMorgan Chase and Co.’s Asia Pacific head of investment banking, said in an interview with Bloomberg TV. “What we need to see for that to change is lower volatility and investors with more of a risk-on mentality.” Asia was … [Read more...] about Asia’s SPAC Hopefuls Have Nowhere to Turn As IPO Market Shuts

- A + A (May 18): Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia. In the past three months, at least six Asia-related special purpose acquisition companies seeking a combined US$1.3 billion from US IPOs have been scrapped, according to data provider SPAC Research. Of 12 blank-check firms that have filed to go public in Hong Kong, only one has actually started trading. It’s a similar pattern in Singapore, where SPACs have stalled after three inaugural IPOs in January. “The global IPO market has obviously been very quiet so far this year,” Paul Uren, JPMorgan Chase and Co’s Asia Pacific head of investment banking, said in an interview with Bloomberg TV. “What we need to see for that to change is lower volatility and investors with more of a risk-on mentality.” Asia was … [Read more...] about Asia’s SPAC hopefuls have nowhere to turn as IPO market shuts

The most controversial, frustrating and infuriating penalty in college football will remain in place for the foreseeable future, and the industry has the Pac-12 to thank for it — seriously. Someone had to collect the data, draw the conclusions and lend legitimacy to the one penalty — targeting — that might help save the sport. Because you know what’s worse than the targeting penalty? Concussions, chronic traumatic encephalopathy (CTE) and the long-term impact of serious brain injury. And you know what’s bad for the health of college football? The stigma of head trauma, uncaring coaches and administrators, and dwindling participation numbers, especially on the West Coast. The targeting penalty — in both college and the NFL — was designed to reduce blows to the head, thereby limiting instances of concussions and making the sport safer. Has it worked? A multi-year Pac-12 study set out to determine if targeting plays “are higher risk for concussion than other plays in … [Read more...] about Important Pac-12 study connects frequency of concussions to controversial targeting penalty