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Adani Energy Solutions is expected to launch a qualified institutional placement (QIP) this week or next to raise up to $1 billion (₹8,400 crore), according to people with knowledge of the matter. The board of the Adani Group's power transmission unit had in May approved raising ₹12,500 crore through equity to fund expansion. «Adani Energy is set to launch its QIP after a month of roadshows with GQG Partners, Qatar Investment Authority, two US-based funds new to India, and domestic mutual funds showing interest,» said one of the persons cited. «The QIP is expected to be launched later this week or early next week to raise around $700-800 million, with the potential to increase it to $1 billion in case of demand.» The company has appointed ICICI Securities, SBI Capital Markets and Jefferies as advisers.

A new study by the Employee Benefit Research Institute and Greenwald Research suggests that military households are in a stronger financial position and exhibit more confidence in their retirement prospects compared to their non-military counterparts.

Guy Ritchie's most recent television series, The Ministry of Ungentlemanly Warfare, has captured viewers' attention in no time. This World War Two drama, which follows five maverick warriors on a risky assignment, may sound unbelievable even for a James Bond story, as reported by The Sun.

Michael Jackson and Lisa Marie Presley shocked everyone in May 1994 when they married in secret in the Dominican Republic. Many were astonished by the announcement because, prior to their marriage, no one had heard about their relationship. People initially thought the union was just a publicity stunt. Those close to them argued that their two-year marriage was real despite the suspicions, as per the reports of Daily Express US.

Jennifer Aniston was seen drenched in oil which was thrown at her. However, it was neither a protest nor an act of violence as it was part of a scene of "The Morning Show" season 4. The filming of the popular Apple TV+ show was going on in Manhattan on Sunday, as per a report on New York Post.

Brad Pitt and George Clooney are set to feature in 'Wolfs'. The crime thriller will be releasing this year. Apart from Pitt and Clooney, 'Wolfs' will feature Richard King, Amy Ryan, and Austin Abrams.

Kamala Harris is yet to be officially nominated for the US Presidential Election 2024 but has found herself at the center of not one, but many controversies. She has launched the process of selecting her running mate so that she could introduce him at the Democratic National Convention next month and get it ratified if she gets the ticket for the highest office. But one of the persons, she is vetting for the office, Josh Shapiro, has been accused of being involved in a sexual harassment scandal, reports 'Daily Beast'. The Democratic governor of Pennsylvania has topped lists of potential running mates for the Democratic nominee-apparent.

Netflix’s most-watched series, setting the stage for its eagerly anticipated second season. With the show’s production officially completed as of June 17, 2024, fans are eagerly awaiting the next chapter of this intense thriller.

New Delhi: The Central government has released Rs 1,750 crore under the Andhra Pradesh Reorganisation Act (APRA) for the development of seven backward districts of the state, minister of state for finance Pankaj Chaudhary told the Lok Sabha on Monday.

RBI) on Monday said that emerging technology has led to proliferation of fraudulent apps and mis-selling. Fintech firms still face significant challenges in counterparty credit risk assessment despite significant footprint expansion, the central bank said in its report on currency and finance.

Donald Trump contest the US Presidential Election in 2016 because he felt humiliated by something said by Barack Obama? If media reports are to be believed, a humiliating moment with the first black president lit a fuse in the businessman-turned-politician and he decided to settle the score by becoming president. According to the 'Daily Express US', Balaji Srinivasan said in a podcast that the Republican leader felt humiliated by a comment made by Obama at a White House Correspondents Dinner in 2011. The turning point came when Trump questioned Obama's eligibility to contest the election.

JPMorgan Private Bank is making moves in Tennessee as it names a new leader for its private banking division in the state.

₹72-76 per share, valuing the company at $4 billion ( ₹33,522 crore) at the upper end, a sharp discount to the $5.4 billion valuation it commanded in its last private funding round in September. The Bhavish Aggarwal-led company is looking to raise ₹6,146 crore by selling investors an ecosystem-led electric vehicle (EV) growth story, with investments in making cells and components. Of this, ₹5,500 crore will be raised through the issue of fresh equity while about ₹646 crore will be through an offer for sale by existing shareholders.

With rising open interest peaking at $3.25 billion, market optimism for cryptocurrencies such as Solana price is on an upswing, hinting at potentially higher valuations.

vandalism, affecting fiber lines and fixed and mobile phone lines as cities around France are hosting events for the 2024 Paris Olympics.

Two years and multiple housing laws since the Ford government promised to build 1.5 million new homes in a decade to solve Ontario’s housing crisis, key indicators suggest home construction is grinding to a trickle.

Authorities in Greece have ordered nationwide restrictions on goat and sheep to combat a deadly viral outbreak

Rapido has raised $120 million (about Rs 1,000 crore) in primary capital from its existing investor WestBridge Capital at a post-money valuation of $1 billion, becoming the newest unicorn startup in the country.

North Carolina state regulators now say a nonprofit run by the wife of North Carolina Lt. Gov. Mark Robinson must repay $132,000 for what they call disallowed expenses while carrying out a federally funded child care meal program

U.S. health officials have announced a recall of some Boar's Head liverwurst and other deli meats as they investigate a listeria outbreak

Wall Street rallied following encouraging reports on inflation and on profits at 3M and other big U.S. companies