Here is a list of our top stories this morning:
Volatility to rise in the coming 12 months as markets contend with 'binary events', says Ridham Desai
With several imponderables on the horizon over the next 12 months, the market will see a rise in volatility, Ridham Desai, managing director, Morgan Stanley, has said in an exclusive interview to Moneycontrol. The fact that the market is currently witnessing very low volatility sets the stage for rising volatility in the months to come, he said. Read full interview, here.
Tata Tech IPO sees strong response, issue booked 16.22 times on final day
The Tata Technologies IPO, as expected, turned out to be a strong success for the Tata Group as the Rs 3,042.51-crore offer saw 16.22 times subscription with bids coming in for 73 crore equity shares against an issue size of 4.5 crore on November 24, the final day of bidding. Details here.
Apple's technical experts to visit India for threat notification investigation
Apple is sending its technical and cyber security experts to India to meet officials investigating the threat notifications the US-based technology giant sent to multiple opposition politicians and journalists, two senior government officials have said. More here.
Mumbai real estate: Runwal Group plans to acquire 10 mn sq ft land for mixed-use development
Runwal Group plans to acquire 10 million square feet (msf) by the end of this financial year for mixed-use development, given the demand and is targeting an overall investment close to Rs 1,500 crore, Subodh Runwal, Managing Director at Runwal Group, told Maoneycontrol. More here.
Israel and Hamas to start four-day truce on Nov 24, say Qatar mediators
Israel and Palestinian Islamist group Hamas will start a four-day truce on November 24 morning with the first group of 13 Israeli women and child hostages released later that day, mediators in Qatar said. Read more.
Paytm plunges 5% after 2.5% stake in One97 Communications changes hands
Shares of Paytm owner One97 Communications Ltd plunged nearly 5 percent following a huge block deal. Around 1.6 crore shares or 2.56 percent stake of the company worth Rs 1,441 crore changed hands at an average price of Rs 884 a share. Details here.
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