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TPG to buy NIIF’s green NBFC Aseem Finance for $500 mnLaunchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made throu...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
Ex-banker quits job to build Rs 21 crore chemical-free farming empire in Andhra Pradesh, empowers 3,000 rural womenA former banker, Amith Kishan, completely changed his life by establishing Hebbevu Farms in Andhra Pradesh, a 650-acre natural farming ente...
Best Proverb of the Day: “Success is not final; failure is not fatal: It is the courage to continue that counts” — A timeless lesson on resilience, perseverance, and the strength to keep moving forward through life’s ups and downsBest Proverb of the Day: Life's journey is marked by both triumphs and stumbles, but neither defines us permanently. A timeless proverb emp...
Mega IPO wave set to sweep Dalal Street as July listings gather paceIndia's IPO market is poised for a strong comeback in July, with over a dozen companies planning to raise approximately ₹45,000 crore. Majo...
Banks draw up cyber defence strategies to tackle AI risksIndian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
His span was much wider than FedAlan Greenspan, the influential former Fed chair, guided US monetary policy for nearly two decades, overseeing an era of low inflation and ...
Indian financial firms to tap $1.5 billion overseas bonds this week: BankersIndian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging ...
Movie dialogue of the day: How this ‘The Shawshank Redemption’ line became one of cinema’s most inspiring linesA powerful line from 'The Shawshank Redemption,' "Get busy living, or get busy dying," continues to resonate decades later. This cinematic ...
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
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...
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...
China access concerns could have triggered US restrictions on Anthropic's Mythos: ReportAmerica has restricted access to Anthropic's advanced AI model, Mythos. This action stems from worries that a group linked to China might h...
How Musk's tactics left investors clamoring for SpaceX stock and ignoring risksOne investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 millio...
From forests to fields: How India's earliest rebels fought colonial exploitation before 1857Across the annals of Indian history, we find vivid accounts of agrarian resistance standing firm against exploitation. From indigenous fore...
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...