Vodafone Idea's announcement of a Rs 45,000 crore fundraise has received mixed reactions from experts. While some see it as a positive step, others remain cautious....
Global travel-tech player OYO is set to prepay a significant chunk of its debt amounting to Rs 1,620 crore through a buyback process. The move comes on the back of Ritesh Agarwal-led startup reporting its first-ever profit in the second quarter of 2023-24....
Manipal Education and Medical Group Chairman Ranjan Pai has acquired a Rs 1,400 crore debt raised by edtech major BYJUs from Davidson Kempner, sources said....
Managing finances can be challenging, especially when our primary education rarely focuses on this essential life skill. In this age of excessive data flow, it's easy to make financial mistakes with so many distractions and mixed voices. Starting on the right ...
An international airport in Nepal, financed by China, has become an economic albatross” for the Himalayan nation, saddling it with debt to Chinese creditors for years to come, according to a US media report....
US natural gas company, ExxonMobil announced to buy Pioneer Natural Resources in an all-stock deal valued at $59.5 billion at $253 per share. This is the company's largest acquisition after Mobil Corp in more than two decades. Exxon is committing about ...
Realty firm Signature Global on Wednesday launched its initial public offer (IPO) to raise Rs 730 crore, which will be used mainly for debt reduction and business expansion. The public issue will close on September 22. The price band has been ...
State Bank of India on Friday obtained green signal from its board to raise approximately Rs 50,000 crore via debt instruments, as per its BSE filing. Meanwhile, SBI shares witnessed a decline of 1.68% to end at Rs 578.60 per share. ...
In accordance with forecasts, the Reserve Bank of India (RBI) today kept repo rates at 6.50%. Due to high inflation rates, the repo rate has gone up since February 2022 by up to 250 basis points, or 2.5%. However, the main ...
President Joe Biden said Wednesday that he is confident the U.S. will avoid an unprecedented and catastrophic debt default, saying talks with congressional Republicans have been productive as he prepared to leave for a global summit in Japan. "I'm confident that ...
US Treasury Secretary Janet L Yellen highlights imminent concerns of running out of money to pay its bills by June 1 if Congress does not raise or suspend the debt limit. Given below are the details of the concerns. ...
The Congress alleged on Sunday that debt, unemployment and inequality have risen in the country under the Narendra Modi government and the debt on every Indian has increased by 2.53 times in the last nine years. Congress spokesperson Gourav Vallabh said ...