Over-the-counter (OTC) trading refers to the decentralized trading of commodities, securities, and other instruments, typically taking place outside formal exchanges. Unlike traditional stock exchanges...
In 2019, Saudi Arabian Oil Co (Aramco) launched the world’s biggest Initial Public Offering (IPO). This enabled the Saudi government to raise $25.6 billion while diluting just 1.5% stake, at a valuation of $1.7 trillion. Soon, the Indian government plans to divest 5% equity for $8.7 billion in the insurance giant Life Insurance Corporation (LIC). […]
