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Practice Questions on Important Topics from Current Affairs:(09.05.2025)
1. India is unique among emerging economies, as its growth has been driven primarily by services rather than manufacturing.What accounts for this unique feature of the Indian economy?.(150w,10m)
2.Controlling the skies is of paramount importance in modern warfare. In this context, evaluate the operational capabilities of India's air defence system. (250w,15m)
Practice Questions on Important Topics from Current Affairs:(09.05.2025)
1. India is unique among emerging economies, as its growth has been driven primarily by services rather than manufacturing.What accounts for this unique feature of the Indian economy?.(150w,10m)
2.Controlling the skies is of paramount importance in modern warfare. In this context, evaluate the operational capabilities of India's air defence system. (250w,15m)
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
Telegram Be The Next Best SPAC
I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. I’m waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegram’s pre-initial coin offering (ICO) tokens. “If Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,” he says.
