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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…

SpaceX’s NASA contract has sparked reaction from industry figures seeking details. Blue Origin says it is ‘looking to learn more about the selection.’

SpaceX on Friday was awarded an exclusive $2.9 billion contract to help NASA return to the moon. NASA and SpaceX negotiated a contract, excluding Blue Origin based on its high first bid.  “We are looking to learn more about the selection,” a Blue Origin spokesperson told Insider. See more stories on Insider’s business page. Many…