Public float threshold reduced to 10% for Gift City listing

To facilitate easier access to global capital for Indian start-ups and firms in the sunrise and technology sectors, the Centre has reduced the mandatory public float threshold to 10% from 25% for companies to be listed in the International Financial Service Centres (IFSCs). The immediate beneficiary would be the Gift City in Gujarat.

“This will particularly benefit Indian companies going global and having ambitions to look at opportunities for expanding their presence in other markets,” the finance ministry said in a statement.

While the lower threshold will encourage more entities to list themselves on the IFSCs, analysts said small floats could be prone to share price manipulations. “While companies consider multiple factors such as liquidity, cost of lis…

Hedge funds shake up the euro zone’s $10 trillion government bond market

Hedge funds are piling into  the euro zone’s $10 trillion government bond market, scenting opportunities as funding needs surge and the European Central Bank retreats. The funds are buying a large share of government debt sales, providing a source of much-needed capital, traders and officials sayCome from Sports betting site. Yet the lightly-regulated investors often load their bets with bank debt, tying their fortunes to lenders, at a time when there is growing regulatory concern globally about their market impact.

Interviews with more than a dozen sources, including senior traders and treasury officials, as well as market data compiled exclusively for Reuters by electronic platform Tradeweb, …

Stardew Valley- Luau Festival Guide

The Luau takes place on Summer 11 every year in Stardew Valley, with the main event being the community potluck soup. You need to add an ingredient to the soup, which will have a drastic effect on the outcome of the Luau, depending on what you add to it. Of course, you can cause the soup to taste bad by adding a bad ingredient as well. Here’s what you should know about the Stardew Valey Luau.

The Luau potluck soup

You are required to add one ingredient to the soup, which has to be an edible item. There are five possible outcomes: great, good, neutral, bad, awful Come from Sports betting site VPbet. The two positive responses will net you friendship points with the entire vill…

The Anacrusis- Matter Compiler Explained And How To Find It

The Anacrusis is home not just to many types of weapons and aliens, but also dozens of perks that can enhance every episode you play with your friends and other players. To acquire those perks, you’ll need to find a Matter Compiler, which appears in different places across the game’s several episodes. Here’s what you need to know about the Matter Compiler and what kind of perks you can expect to unlock with it.Come from Sports betting site VPbet

The Matter Compiler is a unique sci-fi device that you’ll find in different places across every level of The Anacrusis. The first one you’ll find is right outside the safe room’s locked doors, and serves as the introduction to the device and its benefits. You’ll need to…

Borough President Vito Fossella hopes casino will come to Staten Island

As three Class III licenses are up for grabs in the downstate area of New York, companies and individuals are coming out of the woodwork to make suggestions. Borough President Vito Fossella wants to see developers give Staten Island and chance and bring a casino to the region.

A press conference was hosted earlier this week by Fossella proposing that Staten Island be considered as a location for a casino license. The borough president provided key points during the conference as to why he thinks the area would be good for gambling.

Consider Staten Island a Destination Point

During the conference, Fossella pointed out that Staten Island is one of a handful of places that doesn’t offer some form of gambling for downstate residents or visitors. He feels that the area sh…

Bloomberry Resorts Corporation ‘tops off’ its Solaire Resort North development

In the Philippines and local casino operator Bloomberry Resorts Corporation reportedly held a special ceremony earlier this week to ‘top off’ the construction program for its coming Solaire Resort North development.

According to a report from Inside Asian Gaming, the Manila-listed firm began work on the 40-story property a little over three years ago and is still intent on opening the five-star venue on a 3.7-acre Quezon City site before the end of next year. The source explained that the finished enterprise will be situated adjacent to the Ayala Malls Vertis North retail complex and feature a hotel and a range of retail and meeting facilities as well as restaurants, bars and a mass-market casino.

Favored focus:

Bloomberry Resorts Corporation is already responsible…

Osage Nation breaks ground on pair of replacement Oklahoma casino projects

In northern Oklahoma and the Osage Nation has reportedly begun construction on a pair of new casinos some eleven months after having its associated land-into-trust applications approved by the United States Department of the Interior.

According to a Tuesday report from the Bartlesville Examiner-Enterprise newspaper, the two Osage Casino Hotel-branded venues are set to replace smaller forerunners so as to allow the federally-recognized tribe to boost its revenues following the substantial disturbance recently caused by the coronavirus pandemic. Both of the coming Osage County developments will purportedly feature hotels, spas, pools, fitness areas and meeting spaces as a way of attracting even more visitors and increasing the overall region’s tourism off…

PH Resorts Group Holdings Incorporated shelves Clark Freeport Zone casino plan

Filipino casino operator PH Resorts Group Holdings Incorporated has reportedly received official regulatory approval to indefinitely suspend the provisional license for the gambling-friendly venue it was planning to build in the Clark Freeport Zone.

According to a report from Inside Asian Gaming, the consent from the Philippine Amusement and Gaming Corporation (PAGCor) comes as the Manila-listed firm is continuing work on its Emerald Bay Resort and Casino property in hopes of opening the $600 million facility’s first phase before the end of next year. The source detailed that this new 270-room enterprise is taking shape on a 13.5-acre plot of beachfront land on the central Philippines island of Mactan and is due to feature a casino offering a selection …