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Oaktree Capital Thursday provided Rs 3400 crore debt facilities to Vedanta Ltd for a term of 18 months at 12%, said people with knowledge of the matter. India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upcoming USD 1 billion bonds, which are due January 2024. Three different funds of Oaktree Capital provided debt to Vedanta Ltd by subscribing to the secured, unlisted non-convertible debentures (NCD). Oaktree has stipulated that Vedanta would have to pay 17% interest on the debt in the event of default, the people said. The proceeds will be used for general corporate purposes. Vedanta has pledged 100% of shares of Sesa Iron and Steel Ltd as security for debt availed from Oaktree.

Oaktree Capital on Thursday provided ₹3,400 crore debt facilities to Vedanta Ltd for a term of 18 months at 12%, said people with knowledge of the matter. India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upcoming $1-billion bonds, which are due January 2024. Three different funds of Oaktree Capital provided debt to Vedanta Ltd by subscribing to the secured, unlisted non-convertible debentures (NCD). Oaktree has stipulated that Vedanta would have to pay 17% interest on the debt in the event of a default, the people said. The proceeds will be used for general corporate purposes.

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Android device in a family message group with eight iPhones. Because of him, videos and photos would arrive in low resolution and there would be green bubbles of text amid bubbles of blue. But a new app called Beeper Mini gave him the ability to change that.

tears leads to reduced aggression in men. The research led by Weizmann Institute of Science, Israel, showed that tears from women contained chemicals that lowered men's brain activity linked to aggression and thus, weakened aggressive behaviour in them. While this process of social chemo signalling is known to be common in animals — male aggression in rodents is blocked when they smell female tears — the process is less understood in humans, the researchers said in their study published in the journal PLOS Biology.

Researchers at the Indian Institute of Science (IISc) in Bengaluru have developed an artificial intelligence (AI) tool that can detect a nerve-related disorder known as carpal tunnel syndrome (CTS). The tool developed by IISc researchers in collaboration with Aster-CMI Hospital, Bengaluru detects CTS by identifying the median nerve in ultrasound videos.

Salaar is anticipated to surpass the 100-crore gross mark in its opening in India, with projections ranging between 100-110 crores. The overseas pre-sales for this Prabhas-starrer are exceptionally strong, and the international market opening is expected to contribute over 45 crores, culminating in a projected worldwide box office opening day of 150-160 crores. If the number materialise, it could mark the most substantial opening of the year 2023.

₹1,358 crore. Approximately 2.4 crore shares, equivalent to a 6.5 percent stake in the company, were transacted on the exchanges at an average price of ₹555 each. Notably, the floor price of the block deal was set at a discount of approximately 7 percent compared to the stock's closing price on Thursday, which stood at ₹595.15.

statement issued soon after the Bill was introduced in Lok Sabha, it said: “IAMAI hails the Bill as progressive especially since internet companies have been decisively kept out of the ambit of the final version of the Bill… The Bill introduced in the Lok Sabha now excludes email, internet-based communication services, broadcasting services, machine to machine communication services and over-the-top communication services, as suggested by IAMAI." However, Meta’s head of India public policy, Shivnath Thukral, cautioned that the government could choose to apply the proposed legislation to OTT services at a future date. In an internal note as well as a letter to the communications minister, he wrote that the definitions of ‘telecommunications services’, ‘telecommunications identifier’ and ‘messages’ could be interpreted to implicitly include OTT services, and that the government could use delegation powers to do so.

There are about 1.2 million men and 600,000 women working in the 8,785 information technology and biotechnology companies, according to the official data.

drones bore down on the city of Kyiv early on Friday, with Mayor Vitali Klitschko and other officials reporting strikes on widely separated residential districts. It was the sixth drone attack on the capital this month. Two people were injured. Klitschko, writing on the Telegram messaging app, said a drone had hit a block of flats in the Solomyanskyi district, south of the city centre, triggering a fire on the upper floors that was quickly brought under control. Emergency services, also writing on Telegram, said several apartments were damaged on the 24th, 25th and 26th storeys of the building.

Oil companies have offered $382 million for drilling rights in the Gulf of Mexico after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species

The Court of Justice of the European Union has ruled that soccer’s governing bodies UEFA and FIFA acted contrary to EU competition law by blocking plans for a breakaway Super League

Apple on Thursday stopped online sales of two popular models of its internet-connected watch in the U.S. after losing its latest attempt to untangle a patent dispute that’s blocking it from using some of the technology on the device

The White House says President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan’s Nippon Steel

New York lawmakers have introduced a bill that would require restaurants in rest stops throughout the state to be open seven days a week

ECJ that UEFA and FIFA have no right to block it, has led to the expectations surrounding a new European Super League, being revived. According to the ECJ ruling on Thursday, the two regulatory bodies have breached the European Competition law at the time they have put a prevention on the initial plans in the year 2021.

₹932 Crore to support Sustainable Development Goals (SDGs) initiatives in India. JICA, in a statement on Thursday, said that this loan will fund projects overseen by NITI Aayog. These projects are set to impact 112 aspirational districts and 500 aspirational blocks nationwide.

By Alexandra Alper

By Andrea Shalal

Joe Biden said Wednesday that Donald Trump had clearly backed an insurrection after Colorado's top court blocked the Republican from seeking a second term over the 2021 Capitol assault. "I'll let the court make that decision. But he certainly supported an insurrection.