Anchor investors clear path for SP Group's refinancingShapoorji Pallonji Group's anchor investors, including global funds, have agreed to extend relaxed loan-to-value ratios on pledged securiti...
Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing dragsShapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons sta...
Britain's pound, gilt prices hold lower after Starmer steps downPrime Minister Keir Starmer's resignation has sent ripples through the UK markets, with the pound and government bond prices dipping slight...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
SP Group seeks more time to repay bonds nearing maturityShapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of...
Vedanta faces buyback costs as bonds trade above par valueIn a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 bill...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
SC seeks Cabinet records in Rs 8,415-crore Yes Bank AT-1 bond write-off caseThe Supreme Court on Wednesday pulled up the Finance Ministry over the 2023 write-off of Yes Bank’s Rs 8,415 crore AT-1 bonds and asked Sol...
US 30-year yield hits highest since 2007 on inflation angstUS Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a gl...
Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
Sun Pharma explores funding mix for $12 billion Organon dealGlobal lenders are exploring various financing options for Sun Pharmaceutical Industries' proposed $12 billion acquisition of Organon & Co....
Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
Spirit Airlines shuts down after 34 years; cancels all flights with immediate effect as fuel price surge hits operationsSpirit Airlines has ceased all operations with immediate effect, canceling flights and advising passengers to avoid airports. The decision ...
Spirit Airlines stops flying with immediate effect: What travelers need to do about bookings and refundsLow-cost carrier Spirit Airlines has shut down operations. All flights are cancelled. The airline cites years of financial struggles and ri...
US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...