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4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
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Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project
Tether currently uses Cantor’s custody business to hold the billions of dollars of US Treasuries that support the value of its dominant USDT stablecoin. That custody relationship earns Cantor tens of millions of dollars a year, according to people familiar with the matter.
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Samsung Electronics Says It Is Not Interested in Spinning Off Foundry Business
Samsung chairperson Jay Y. Lee has said that the company is not looking to spin off its businesses of contract chip manufacturing and logic chip designing operation. Analysts say the two businesses are incurring billions of dollars of annual losses due to weak demand and have been dragging down Samsung's overall performance.
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Adani Group To Raise $1.5 Billion Through Dollar Bonds
Billionaire Gautam Adani's conglomerate is in talks with global banks to raise at least $1.5 billion through dollar bond sales, a further indicator of the groups rebound from a short seller attack.
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Mars To Acquire Pringles Maker Kellanova For Nearly $36 Billion
M&M's and Snickers maker Mars said Wednesday that it would acquire snack food business Kellanova, marking a multibillion dollar agreement set to result in a new industry giant.
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Wall Street Snubs China For India In A Historic Markets Shift
A momentous shift is under way in global markets as investors pull billions of dollars from China's sputtering economy, two decades after betting on the country as the world's biggest growth story.
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L&T Bags Mega Bullet Train Order In India Worth Nearly A Billion Dollars
Infrastructure major Larsen and Toubro's board will meet next week to consider a proposal to buy back shares and payment of a special dividend for FY2023-24, according to a regulatory filing.
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India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
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Crypto Investors Grow Cautious After Sudden Collapse of Exchanges Last Year
Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms. The recent crypto platform bankruptcies trapped customer assets now worth around $34 bi...
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"A Real Loss": Silicon Valley Bank Collapse Leaves Tech Start-Ups Worried
Silicon Valley Bank collapse: SVB's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups and their private equity backers, raising fears of a wider tech sector fallout.
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Most Adani Group Stocks Rise In Morning Trade, Adani Green Up 3%
Most Adani Group stocks rose in early trading on Friday, as the conglomerate sought to boost investor confidence after a short-seller attack wiped off billions of dollars in investor wealth.
-
Foreign Exchange Reserves Rise To Near 6-Month High Of $573.7 Billion
In the week to Jan. 13, the reserves stood at $572 billion. The RBI has intervened to buy dollars as the Indian rupee has stabilised, according to forex market participants.
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Foreign Exchange Reserves Rise For Third Straight Week To $550 Billion
Since hitting an over two-year low of $524 billion in October, forex reserves have been rising as the dollar index fell off its peak.
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Crypto Meltdown: Cautious Approach By Centre, RBI Helps India Steer Away
Cryptocurrency markets worldwide have been battered with billions of dollars being wiped out, but India managed to stay relatively unscathed thanks to a cautious approach of the government and the RBI.
-
Forex Reserves Likely To Fall A Further $15 Billion By End-2022: Report
India's fast-depleting foreign exchange reserves are likely to drop more than was predicted just a month ago by end-2022 as the Reserve Bank of India will continue to shield the rupee from the dollar's strength, a Reuters poll found.
-
4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
-
Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project
Tether currently uses Cantor’s custody business to hold the billions of dollars of US Treasuries that support the value of its dominant USDT stablecoin. That custody relationship earns Cantor tens of millions of dollars a year, according to people familiar with the matter.
-
Samsung Electronics Says It Is Not Interested in Spinning Off Foundry Business
Samsung chairperson Jay Y. Lee has said that the company is not looking to spin off its businesses of contract chip manufacturing and logic chip designing operation. Analysts say the two businesses are incurring billions of dollars of annual losses due to weak demand and have been dragging down Samsung's overall performance.
-
Adani Group To Raise $1.5 Billion Through Dollar Bonds
Billionaire Gautam Adani's conglomerate is in talks with global banks to raise at least $1.5 billion through dollar bond sales, a further indicator of the groups rebound from a short seller attack.
-
Mars To Acquire Pringles Maker Kellanova For Nearly $36 Billion
M&M's and Snickers maker Mars said Wednesday that it would acquire snack food business Kellanova, marking a multibillion dollar agreement set to result in a new industry giant.
-
Wall Street Snubs China For India In A Historic Markets Shift
A momentous shift is under way in global markets as investors pull billions of dollars from China's sputtering economy, two decades after betting on the country as the world's biggest growth story.
-
L&T Bags Mega Bullet Train Order In India Worth Nearly A Billion Dollars
Infrastructure major Larsen and Toubro's board will meet next week to consider a proposal to buy back shares and payment of a special dividend for FY2023-24, according to a regulatory filing.
-
India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
-
Crypto Investors Grow Cautious After Sudden Collapse of Exchanges Last Year
Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms. The recent crypto platform bankruptcies trapped customer assets now worth around $34 bi...
-
"A Real Loss": Silicon Valley Bank Collapse Leaves Tech Start-Ups Worried
Silicon Valley Bank collapse: SVB's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups and their private equity backers, raising fears of a wider tech sector fallout.
-
Most Adani Group Stocks Rise In Morning Trade, Adani Green Up 3%
Most Adani Group stocks rose in early trading on Friday, as the conglomerate sought to boost investor confidence after a short-seller attack wiped off billions of dollars in investor wealth.
-
Foreign Exchange Reserves Rise To Near 6-Month High Of $573.7 Billion
In the week to Jan. 13, the reserves stood at $572 billion. The RBI has intervened to buy dollars as the Indian rupee has stabilised, according to forex market participants.
-
Foreign Exchange Reserves Rise For Third Straight Week To $550 Billion
Since hitting an over two-year low of $524 billion in October, forex reserves have been rising as the dollar index fell off its peak.
-
Crypto Meltdown: Cautious Approach By Centre, RBI Helps India Steer Away
Cryptocurrency markets worldwide have been battered with billions of dollars being wiped out, but India managed to stay relatively unscathed thanks to a cautious approach of the government and the RBI.
-
Forex Reserves Likely To Fall A Further $15 Billion By End-2022: Report
India's fast-depleting foreign exchange reserves are likely to drop more than was predicted just a month ago by end-2022 as the Reserve Bank of India will continue to shield the rupee from the dollar's strength, a Reuters poll found.
