State Bank of India: SBI has initiated discussions with market participants to raise around ₹10,000 crore ($1.20 billion) through infrastructure bonds.Indus Towers: Vodafone Group Plc will sell a 9.94% stake in Indus Towers through a bulk deal at a price range of ₹310- ₹341 per share. The sale, which is slated to open on Wednesday, is managed by Morgan Stanley, BofA Securities, Jefferies, and BNP Paribas.Housing and Urban Development Corporation: HUDCO has raised $200 million (JPY 30 billion) in its first venture into the syndicated loan market.
The state-run body raised the five-year funds as part of its inaugural “social loan", according to Japan’s Sumitomo Mitsui Banking Corporation (SMBC).Vodafone Idea: The company will urge the government to convert into equity the annual installment for spectrum payments for FY26/FY27 that will fall due after the moratorium ends by September 2026.Birla Cables: The company may face an 8.7% provisional anti-dumping duty on the CIF Union border price proposed by the European Commission. If implemented, exports of single-mode optical fiber cables to the European Union will be subject to this duty.Vedanta: The company informed investors in its latest annual report that Vedanta Resources, the UK-based parent entity will look to reduce debt by $3 billion over next three years.Kotak Mahindra Bank: The bank now holds a 30% stake in Kotak General Insurance Company after Zurich Insurance Company completed the acquisition of 70% of the share capital of the insurance company.Kalpataru Projects International: The company has been ordered by the customs authority to pay a customs duty of ₹84.40 lakhs, along with an equal penalty, due to alleged misclassification of the tariff item code of
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