SoftBank is gearing up for a historic bond issuance aimed at securing funding for its robust investments in artificial intelligence. This ambitious seven-year corporate bond aims to raise a staggering one trillion yen from individual investors. With a provisional coupon…
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The Indian rupee traded within a narrow band on Monday morning. Elevated oil prices fueled dollar demand, while the central bank intervened to stabilize the currency. Traders observed state-run banks offering dollars, likely acting on behalf of the Reserve Bank…
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Indian Hotels Company Ltd will merge with Oriental Hotels Ltd through an all-stock transaction. The Boards of both companies have approved this significant Scheme of Arrangement. Oriental Hotels shareholders will receive 25 IHCL shares for every 117 OHL shares. This…
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The Indian equity markets started the week on a positive note, tracking positive global cues. Both the benchmark indices opened with a gap-up; Sensex up over 200 points while Nifty was hovering around 24,300 level amid easing oil prices.
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AI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Companies increasingly value experienced employees with deeper business knowledge.
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Indian FMCG companies are experiencing significant leadership changes across major firms. Several top executives have transitioned, impacting company strategies and market positions. These changes occur during a period of uneven consumer demand and rising competition. Companies are adapting to evolving…
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