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Shriram Finance has raised $500 million by selling a three-and-a-half-year fixed rate dollar bond at 6.15% to investors across the globe. Strong investor demand helped the company price the bond much lower than initial guidance of 6.50%. «We saw demand of more than $1.5 billion which helped squeeze the pricing at the lower end of the band ultimately. Shriram is a known name in the overseas market so it is possible that they will look at another issue soon,» said a person familiar with the transaction.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

An engineer with the National Transportation Safety Board is scheduled to testify in front of the Coast Guard about the experimental submersible that imploded en route to the wreckage of the Titanic

Shares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading

Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from Berlin.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded 1.26 per cent up in Wednesday's trade at 10:35AM (IST). Around 1,907 shares changed hands on the counter. The scrip opened at Rs 5370.25 and touched an intraday high and low of Rs 5449.6 and Rs 5354.1, respectively, in the session so far. The stock of <a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. quoted a 52-week high of Rs 5582.85 and a 52-week low of Rs 3300.0.

Mohsin Akhtar Mir. The Times of India has reported that according to sources from a Mumbai court, the decision was made several months ago, and the split is not believed to be on mutual terms. While the reasons for the divorce have not been publicly disclosed, rumors have swirled about the couple’s separation, leaving fans and followers surprised.

Maharashtra assembly polls, Union Home Minister Amit Shah has met Chief Minister Eknath Shinde as well as Deputy CMs Devendra Fadnavis and Ajit Pawar in Chhatrapati Sambhajinagar. Though details of the meeting, which took place on Tuesday night, were not known, CM Shinde later said the meet was positive and «everything was going on smoothly.» After the meeting, when reporters asked Shinde at the city airport about seat-sharing, the CM said, «The meeting was positive and a decision will be taken soon. Talks are moving ahead positively with co-ordination.» Senior BJP leader Amit Shah is on a two-day visit to Maharashtra from Tuesday.

«So, assuming 70% market share for IEX, which is currently at 84%, I think EPS downgrade could be 20% based on FY27 estimates. And assuming 60% kind of market share for IEX, then EPS downgrade could be around 30% for FY27,» says Rupesh D Sankhe, Elara Capital. The market coupling, that is surely going to challenge IEX's market dominance. I mean, it currently holds about that 84% lion's share of the power trading business. Back of the envelope calculations, what is the kind of dent that IEX is likely to see if and when this is going to be put in place? Rupesh D Sankhe: See, definitely, the market coupling is negative for IEX because as of now, there are two key products which are there, like Day Ahead Market and RTA where IEX is enjoying close to 97% market share. This product is not still available with a new exchange like HPX. The product which is there like a Term Ahead Market where market share of IEX is 60%. So, we can expect once market coupling gets implemented, this product will get launched, DAM and RTA and definitely the market share could come down to 60-70% also.

Subscribe to enjoy similar stories. The war in West Asia has intensified. With its Gaza operations against Hamas not yet over, Israel has aimed its firepower at Hezbollah, an Iran-backed militia based in Lebanon to its north.

Subscribe to enjoy similar stories. If I had got even ₹10 for each time I was asked a version of this question, I could have a few lakhs on this account alone! And the question is: What’s the next HDFC Bank or Amazon that we can buy and forget for 25 years? Or can you tell me one stock I can buy for my infant daughter or son so that they have a huge corpus when they grow up? First the back story. First Global had a ‘Strong Buy’ on Amazon at a price of $15 (split-adjusted $0.75) back in 2001, post the tech crash.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

S B Madhavi, the first woman duffedar in the Greater Chennai Corporation (GCC), has found herself at the centre of a controversy after she was transferred from the mayor's office to the far-off Manali zone. At 50, Madhavi, who had been ceremonially engaged to accompany Chennai mayor R Priya, claims she was shunted out for wearing lipstick, disobeying a direct order not to do so, TOI has reported. The situation escalated after Madhavi received a memo on August 6 from the mayor's personal assistant, Siva Sankar, citing “dereliction of duty, not coming to work during working hours, and disobeying orders of seniors” as reasons for her transfer. In her response, Madhavi questioned the accusations and specifically addressed the issue of her lipstick.

suicide pod.”The “Sarco” pod has been in the works for years, but up until now has never been used.The Sarco pods — short for sarcophagus — allow a person to control their death inside the pod by quickly reducing internal oxygen levels. The person intending to end their life is required to answer a set of pre-recorded questions, then press a button that floods the interior with nitrogen.

US intelligence has warned Donald Trump about «real and specific» threats from Iran to assassinate him. In response, Trump, the Republican candidate, announced that the US would take strong action against Iran if such an event occurred. In a post on Truth Social, Trump stated, «If they do 'assassinate President Trump,' which is always a possibility, I hope that America obliterates Iran, wipes it off the face of the Earth — If that does not happen, American Leaders will be considered 'gutless' cowards!» Trump's campaign also claimed that Iran intends to destabilize the upcoming US presidential elections. Steven Cheung, Trump's campaign communications director, said in a statement, «President Trump was briefed earlier today by the Office of the Director of National Intelligence regarding real and specific threats from Iran to assassinate him in an effort to destabilize and sow chaos in the United States.»

Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world's biggest crude importer, though an industry report showing falling U.S. crude and fuel inventories supported the market. Brent crude futures gained 3 cents at $75.20 a barrel by 0004 GMT. U.S. West Texas Intermediate crude lost 2 cents at $71.58 per barrel.

Emmanuel Macron on Tuesday pressed Iran's new president to use his influence to dial down soaring tensions in Lebanon, where Israel is striking Tehran-backed Hezbollah. Macron met with Masoud Pezeshkian, a self-styled reformist in a cleric-run state which Israel sees as its archenemy, on the sidelines of the annual UN General Assembly as casualties mounted in Lebanon. Macron «highlighted the responsibility of Iran to support a general de-escalation and use its influence with destabilizing actors,» an Elysee statement said, in a clear reference to Hezbollah.

Data from at least two staffing firms indicate a 10-12% likely increase in hiring demand from most software service for the second half of the ongoing fiscal 2025 compared with a year earlier. The sector, according to them, is projected to report 8-10% for the first half ending September 30. For the fiscal year through next March, hiring is seen increasing by up to 8.5%. That would come after a year when new jobs created in the IT industry had dropped, to 60,000 as per industry body Nasscom's estimates compared with 270,000 in FY23.

US intelligence has alerted former President Donald Trump about specific threats from Iran to assassinate him, according to a statement from his presidential campaign on Tuesday. “President Trump was briefed earlier today by the Office of the Director of National Intelligence regarding real and specific threats from Iran to assassinate him in an effort to destabilize and sow chaos in the United States,” said Steven Cheung, Trump campaign communications director. Cheung added that intelligence officials noted increased and coordinated threats in the past few months, and law enforcement agencies are working to ensure Trump’s safety and protect the presidential election from interference.

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Subscribe to enjoy similar stories. New Delhi: Thai energy firm Banpu Public Co. Ltd has joined the fray to acquire Eversource Capital-backed Radiance Renewables Pvt.