India’s Adani Enterprises taps debt private placement after 2-year gap, bankers say
Adani Enterprises is set to raise 10 billion rupees ($112.6 million) via a private placement of two-year and six-month bonds, its first such fundraising since 2023. The bonds, offering an 8.70% semi-annual coupon, follow recent regulatory dismissals of some Hindenburg allegations against the conglomerate.
Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
“Home bias is about as bad as it’s ever been in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week.
Lenskart gets Sebi nod for Rs 8,000-crore IPO, aims for November listing: sources
Eyewear retailer Lenskart has received Sebi approval for its IPO, targeting a mid-November listing. The company aims to raise Rs 2,150 crore in fresh capital, with the total IPO size expected to be Rs 7,500-8,000 crore. Lenskart turned profitable in fiscal 2025, posting a net profit of Rs 297 crore, and will use proceeds for […]
Growth Uncapped: NBFCs can tap a billion dollars or more in ECBs
Financial regulators – the Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and Development Authority of India and Pension Fund Regulatory and Development Authority -would not enforce ceilings on the amounts that can be borrowed by Indian companies from overseas markets. The RBI has also allowed borrowers that is under a […]
From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
Western brands are revamping efforts to reach the Chinese consumer despite the economic slowdown.
Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown
Bitcoin is trading within striking distance of its record price as the U.S. government shutdown enters its third day.
Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more
These are the stocks posting the largest moves midday.
Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly
The central banker indicated that pressure is coming to both sides of the Fed’s so-called dual mandate of stable prices and low unemployment.
Stocks making the biggest moves premarket: GameStop, USA Rare Earth, Applied Materials, Zillow and more
These are some of the stocks posting the largest moves in premarket trading.
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
The move shows that OnePay, founded by Walmart and venture firm Ribbit Capital in 2021, sees crypto as a core offering as it builds out its “everything app.”