US Stock Market: Rising equity financing costs cast shadow over Wall Street's rallyUS stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...
Capri Global eyes up to $500 million offshore bond issueCapri Global Capital is venturing into international markets for the first time, planning to raise $300-500 million through overseas bonds....
Kharif sowing drops 22.7% as weak monsoon delays planting across IndiaPaddy (rice), the main kharif crop, saw a decline of 25.17% to 2.57 million hectares. Despite the government's push to plant legumes and oi...
India bonds rise as US-Iran halt strikes; monsoon risk limits gainsIndian bonds have surged for the fifth straight session, fueled by easing U.S.-Iran tensions and robust foreign investment. The 10-year yie...
Persistent Systems shares slide 10% after Nagarro deal; Elara retains 'Sell' on growth, margin worriesPersistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approxim...
Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
Pat Perez's ex-wife Ashley accuses six-time champion Phil Mickelson of showing her explicit photo during a PGA Tour event in New Jersey. Here's all you need to knowPat Perez wife news: Golf star Phil Mickelson faces new allegations of an inappropriate advance towards golfer Pat Perez's ex wife in 2015,...
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...
On This Day in History, June 27: World's first ATM installed, Peter the Great wins at Poltava, Atari founded, Djibouti gains independence, first colour TV demo and moreOn This Day in History, June 27, history spans military victories, political change, scientific innovation and technological breakthroughs....
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
Mastercard Move: Who is strategising at Mastercard to eliminate pain points and make money move globally effortlessly?International payments have traditionally been slow, less transparent, and expensive. With growing expectations of better, seamless payment...
US Stock Market: Barclays, Stifel lift S&P 500 year-end targets on stronger earnings outlookMajor financial firms Barclays and Stifel have boosted their S&P 500 year-end targets to 7,800, signaling strong confidence in corporate pr...
Axis Bank raises $800 million through dual bond saleAxis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap f...
Oil slide anchors India 10-year yield at 3-month lowIndian government bond yields dipped to a three-month low on Tuesday, buoyed by easing oil prices and receding geopolitical tensions. The b...
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
Jio Platforms plans $3 billion debt reduction from IPO proceedsJio Platforms is gearing up for its IPO, planning to allocate a significant portion of the funds to repay nearly $3 billion in external com...