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Forex reserves up by $1 billion to $676 billionMarket participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start t...- Office-focused REITs raise over $1 billion in April-JuneOffice-focused funds and REITs raised over one billion dollars in the second quarter. This fundraising was driven by investor appetite for ...
- Elon Musk's Boring Company seeks funding at $20 billion valuation: WSJThe Boring Company was valued at $5.7 billion in 2022 after a $675-million fundraising exercise. Musk, whose business interests include Te...
- Bank of India aims to raise $1.2 billion through FCNR-B deposits, plans additional $2 billion overseas borrowingBank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 ...
- Indonesia raises $1.03 billion in debut panda bond saleIndonesia made a spectacular debut in the international debt market by successfully raising $1.03 billion with its first panda bonds. The n...
- India's forex reserves rise $1.08 billion to $676.237 billion in week ended July 17In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign curren...
- ICICI Bank prices $1 billion debt in largest dollar issue by Indian private lenderICICI Bank successfully issued a five-year dollar bond worth $1 billion, achieving a notably tighter spread. This offering stands as the la...
- Temasek-backed Manipal Health to line up $1-billion IPOManipal Health Enterprises plans a billion-dollar initial public offering this month. The company will announce its price band on July twen...
- AI chip startup Etched raises $300 million at $10.3 billion valuationEtched secured three hundred million dollars in a Series C funding round. This investment values the artificial intelligence chip company a...
- Nestlé to pocket $3.43 billion with water business overhaulNestlé will receive approximately three billion euros from its global water business joint venture. This new company, named Peranel, will h...
- UK fintech Revolut valuation soars to $115 billionBritish digital bank Revolut, whose growth has exploded in recent years, reached a valuation of $115 billion Wednesday following a secondar...
- Homegrown beverage brand Maaza completes 50 yearsMaaza, a Coca-Cola India mango beverage, marked its 50th anniversary and National Mango Day. The Department of Posts released a special cov...
- Bengaluru's ancient rock older than dinosaurs and Himalayas: 3.4-billion-year-old Peninsular Gneiss in Lalbagh is among Earth's oldest exposed crust; formed before oxygenInside Bengaluru's Lalbagh Botanical Garden stands a rock formation estimated to be between 3.0 and 3.4 billion years old, making it one of...
- UK's Bloomsbury among beneficiaries of $1.5 billion Anthropic copyright lawsuit settlementBloomsbury Publishing is a beneficiary of a significant $1.5 billion settlement. This agreement resolves claims that Anthropic used copyrig...
- Samsung in talks to invest in Mistral at $23 billion valuationThis comes after Microsoft agreed to spend billions of dollars on Mistral's computing infrastructure in Europe under a deal that will also...
- Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
- BlackRock-backed group commits $5 billion for Aligned Data CentersIn a significant development, a group backed by the investment giant BlackRock has pledged a massive $5 billion to Aligned Data Centers. Th...
- JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, sources sayJPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, accord...
- LetterOne taps Rahul Mukim to spearhead $2 billion India pushLuxembourg-based LetterOne appointed Rahul Mukim to lead its India investments. The firm plans a significant $2 billion investment program ...
- Databricks secures funding round at $188 billion valuationDatabricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 b...
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