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India’s Macrotech Developers lists at 10% discount after tepid IPO

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis MascarenhasIndian real estate company Macrotech Developers Ltd’s (MACE.NS) shares opened 10% below their offering price in its stock market debut on Monday, after the initial public offering saw lukewarm subscription demand from investors.Macrotech, formerly…

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White House says there will be consequences if Kremlin critic Navalny dies

President Joe Biden’s national security adviser Jake Sullivan said on CNN’s “State of the Union” on Sunday that the U.S. government has told Russia “there will be consequences” if Kremlin critic Alexei Navalny dies in prison.”We have communicated to the Russian government that what happens to Mr. Navalny in their custody is their responsibility and…