NaBFID is set to initiate the raising of $500 million via a 10-year overseas bond, while simultaneously negotiating a $1 billion MIGA-backed bond with a longer 15-year maturity. This financial strategy aims to secure essential long-term funding for infrastructure developments.
HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a special RBI swap facility, the bank aims to expand lending and wealth management services. The attractive leverage option of up to nineteen times has drawn in depositors. HSBC’s strategy is to deploy these funds cautiously toward…
Indian companies are actively raising funds through the bond market. This activity occurs despite anticipated interest rate increases and tighter liquidity. Large issuers are securing financing before borrowing costs potentially rise further. Surplus banking system liquidity is driving demand for corporate bond issuances. Companies are expected to raise over one thousand crore rupees this week.
Investors can look forward to a bustling week as seven mainboard and thirteen SME IPOs roll out for subscription. Together, these offerings project a hefty fundraising target of approximately ₹4,152 crore. Elevate Campuses’ significant ₹2,100 crore IPO is positioned as the star among the mainboard projects. Furthermore, six mainboard and eight SME firms are scheduled…
MSCI’s Asia Pacific equities gauge advanced 0.2% with Japan shut for a public holiday. S&P 500 futures rose 0.3% after the underlying gauge eked out a gain Friday, while contracts on the Nasdaq 100 Index climbed 0.4%.
Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshore funds. This distribution aimed to avoid stock dumping and defer investor taxes. Regulatory hurdles may arise from the timing and nature of these investments. Taxation views differ, with some suggesting capital gains tax upon receipt.
I genuinely enjoyed that Sara Eisen laughed a little when introducing me as having written a 5,000-word review of the iPhone 18 Pro. ★
Nellie Andreeva, reporting for Deadline: The release of The Savant is back on. A year after Apple TV put the thriller starring Jessica Chastain on hold three days before it was slated to premiere on Sept. 26, 2025, the streamer has rescheduled it for spring, 2027. The exact timing, which is still being finalized, will…
This 1974 Ferrari Dino 246 GTS is one of approximately 2,900 E-series examples produced through July 1974, and it was delivered to Chinetti Garthwaite Import in the US and sold new to the owner’s spouse through Knaus Motors in Lake Forest, Illinois. The car is finished in Verde Pino Metallizzato over beige leather, and power…