Corporate borrowers are increasingly favoring bank loans over bond issuances as rising capital market yields diminish the cost advantage of bonds. Spreads between bank lending rates and bond yields have significantly compressed, particularly for higher-rated entities, leading to a notable…
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In the booming realm of AI and cloud computing in India, water resource management is becoming a hot topic. Eco-conscious researchers warn of the substantial annual water demand from these fast-growing sectors. Yet, the government assures that the industry is…
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Indian banks are boosting IT investments to protect customer data and financial systems. Advanced AI tools like Claude Mythos pose new cybersecurity risks. Banks are enhancing defenses to counter potential cyberattacks. A government panel is assessing these AI-driven threats. This…
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In addition to the IPL team, Rajasthan Royals also owns Paarl Royals in South Africa and Barbados Royals in the Caribbean. The transaction consideration is approximately US$1.65 billion and represents the enterprise value of Rajasthan Royals’ men’s franchise, Paarl Royals…
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Gold prices saw a dip on Monday. Inflation concerns are impacting the US monetary policy outlook. Markets are closely watching US-Iran peace talks. Higher oil prices could keep interest rates elevated, affecting non-yielding assets like gold. Recent US inflation data…
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The deal will likely peg Unacademy, which started life as a Youtube tutorial channel, more than 90% lower than its peak valuation of $3.4 billion, ascribed to it during the 2021 funding boom.
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