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How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...- India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
- Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers sayThe Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...
- Manipal Hospitals is said to plan $1 billion IPO in JulyManipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temas...
- DBS optimistic about India’s long-term structural growth: Chief says country must invest in talent; focus on wealth spaceDBS Bank's CEO views India as a significant long-term growth opportunity. The nation can benefit from the AI-driven demand for hardware. Ho...
- Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and moreHighest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Smal...
- India's retail inflation quickens to 3.93% in May amid high food & fuel pricesIndia's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation r...
- India bonds end higher as oil eases; focus shifts to debt sale, inflationThursday marked a positive performance for Indian government bonds, buoyed by falling oil prices that alleviated fears tied to the U.S.-Ira...
- Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
- Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
- India bonds slip ahead of RBI policy as war risks lift oilThe Reserve Bank of India will announce its rate decision on Friday, with markets largely pricing in a pause even as Standard Chartered, C...
- Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
- Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
- Weakening currency: RBI weighs measures including rate hike to stabilise rupeeThe Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential i...
- India’s Q4 GDP growth seen at 7.3% amid Iran war tensionsIndia's economy finished fiscal year 2026 strongly. Growth in the March quarter was boosted by domestic demand, agriculture, and services. ...
- RBI MPC: Bank economists back a rate hike in H2 of FY27Bank economists have advised the Reserve Bank of India that interest rate increases will be necessary later this financial year. This is to...
- Rupee moves up after 10 days on likely RBI interventionThe Indian rupee saw its steepest gains in two weeks, rebounding against the dollar after significant central bank interventions. Talk of p...
- RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
- Credit Saison India ties up $500 million external financingCredit Saison India has secured $500 million in its largest-ever external commercial borrowing, a multi-currency syndicated transaction inv...
- Rupee hits record low near 97 vs USD on oil, US Treasury yield strainThe Indian rupee hit a record low against the dollar as elevated oil prices, driven by stalled U.S.-Iran peace talks, fueled fears of furth...
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