Crypto derivatives such as options and futures have been largely traded outside the US given regulations related to such contracts within the country
Posts tagged All News
E2E Networks Ltd – Listed small Cloud computing player (22-11-2024)
I was going through Fidel Softech inventor presentation. surprised to see mention of E2E networks and use of their cloud GPU for one their Japan client cloud migration 
… E2E is quietly expanding its root towards becoming big banyan tree.
Export data and learnings (22-11-2024)
OCTOBER 2024 UPDATE:
India’s overall exports(merchandise and services combined) during October 2024 is estimated at USD 73.21Billion, registering a positive growth of 19.08 % compared to Oct-23.
Total import during Oct-24 is estimated at USD 83.33 billion, positive growth of 7.77% over Oct-23.
Monthly merchandise export during Oct -24 is USD 39.20 Billion, 17.2% increase compared to USD 33.43 Billion of Oct- 23.
The estimated value of service export during Oct -24 is at USD 34.02 Billion, 21% increase compared to USD 28.05 Billion during Oct-23.
Coffee exports are up by 34% during the month and 48% from Apr to Oct-24…
Rice exports increased significantly by 88% during Oct.
Marine products exports increased by 5%( positive growth after many months).
Iron ore exports continue to be in negative territory.
Ceramic products and glassware exports reduced by 5% during the month.
Pharma exports continue to grow.
Chemicals have grown significantly during October , up by 29%.
RMG of textiles exports continue to have double digit positive growth.
oct24.pdf (369.1 KB)
Sebi asks MIIs to resolve whistleblower complaints in 60 days, outlines guidelines on governance (22-11-2024)
Sebi has introduced new guidelines to enhance accountability and governance in stock exchanges and other MIIs. These guidelines include resolving whistleblower complaints within 60 days, adopting RegTech and SupTech, and establishing SOPs for disciplinary actions against KMPs.
Aegis Logistics – Can It Be Exception? (22-11-2024)
Aegis has announced filing of the Draft Red Herring Prospectus for IPO of AVTL for raising Rs.3,500Cr. I do not see the DRHP link on the SEBI website yet( SEBI | Public Issues), so cannot share more details.
Proposed initial public offering (“IPO”) of Aegis Vopak Terminals Limited
Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis (22-11-2024)
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.
RBI focus is on clarity in communication since it adopted flexible inflation targeting: Deputy governor Michael Patra (22-11-2024)
The Reserve Bank of India (RBI) is prioritizing clear communication in its monetary policy, aligning with global practices. While the RBI emphasizes transparency, it refrains from providing specific forward guidance on inflation. Research indicates that the RBI’s communication tone significantly influences market expectations, particularly during periods of monetary policy tightening.
Aegis Logistics – Can It Be Exception? (22-11-2024)
EBITDA grew by 8% and EPS was flat. Distribution business growth seems to be slower, their LPG and liquid units should be commercialized in FY25 acting as the next lever of growth. Concall notes below.
FY25Q2 concall
- Terminaling: 1’064’000 MT (vs 1’020’000 MT in Q2FY24)
- LPG capacity will increase by 130’000 MT by end of FY25 (Mangalore and Pipavav)
- Aegis Vopak: filed DRHP for IPO (will reduce debt, general corporate purposes, expansion)
- Mumbai: JNPT unit will be commercialized in FY25, its held under Aegis Vopak JV
- Ammonia
o Have got commitments from customers for Pipavav terminal
o Ammonia division economics will be similar to liquid division, throughput will be lower than LPG but realizations higher than LPG (2.5-3x of LPG realizations). EBITDA margins will be ~90%
o Will be hosted in Aegis Vopak JV - Sourcing: 194’000 MT (vs 174’000 MT in Q2FY24)
- Kandla Gorakhpur pipeline should be commercialized in mid-2026
Disclosure: Invested (sold shares in last-30 days)