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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...
The crypto-treasury dream unravels after a 90% stock plungeReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
SpaceX bankers prepare for bond sale of at least $20 billionSpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows i...
India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
Pocket FM begins reverse flip talks; eyes potential India IPOAudio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans...
US stocks: Nvidia’s jumbo bond sale draws $85 billion of investor demandNvidia has secured approximately $85 billion in orders for its substantial debt offering, seeking to raise at least $20 billion. This immen...
US stocks: Fox strikes $22 billion deal for Roku to fuel streaming pushFox Corporation has announced plans to acquire Roku for approximately $22 billion, a strategic partnership designed to integrate Fox's reno...
Fox strikes $22 billion deal for Roku to fuel streaming pushFox Corp is acquiring Roku in a $22 billion deal. This move aims to combine Fox's content with Roku's streaming platform. The acquisition w...
Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
OpenAI gives Japan banks access to latest model, Japan's finance minister saysThe release of new models of AI able to code at a high level has given hackers an unprecedented ability to identify cybersecurity risks a...
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...