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This Indian-Origin Investor Could Earn $128 Billion From SpaceX IPO
SpaceX IPO: If SpaceX listing succeeds, it could make Elon Musk world's first trillionaire. And the Indian-origin investor may rake in billions.
-
$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions.
-
Rupee At Record Low: Oil-Dollar-War Trap Outweighing RBI's Countermoves?
Rupee Fall: On Thursday, the cumulative impact of the oil-dollar-war brought Indian rupee to its record low of 95.20 against the dollar.
-
Ghosts Of 1971 Crisis: Why France Moving Gold From US Is Spooking Markets
France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe.
-
How China Is Killing Oil Chokepoints While Trump And Iran Clash Over Hormuz
The funding signals intent. China's grid operators have sharply increased bond issuance, raising tens of billions of dollars in domestic markets.
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'Immigrant To Billionaire': How This Delhi-Born Man Created A Multi-Billion Dollar Business In US
Raj Sardana, founder and CEO of Innova Solutions, achieved a $2 billion fortune by building his business from scratch.
-
Opinion | Has Trump Abandoned Ukraine In Favour Of Russia?
As a former businessman, Trump sees things from the perspective of profitable deals. Sanctions have hit Russia, but American companies have also suffered business losses running into billions of dollars as a result.
-
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.
-
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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US Announces $400 Million in Funding to Expand Internet Access to Rural Residents, Businesses
The Biden administration has announced that it will provide $401 million (roughly Rs. 3,195 crore) to bring internet access to 31,000 residents in rural areas, along with businesses in 11 states. US Vice President Kamala Harris is set to announce the formation of a coalition of 12 companies and foundations to invest billions of dollars in low-incom...
-
This Indian-Origin Investor Could Earn $128 Billion From SpaceX IPO
SpaceX IPO: If SpaceX listing succeeds, it could make Elon Musk world's first trillionaire. And the Indian-origin investor may rake in billions.
-
$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions.
-
Rupee At Record Low: Oil-Dollar-War Trap Outweighing RBI's Countermoves?
Rupee Fall: On Thursday, the cumulative impact of the oil-dollar-war brought Indian rupee to its record low of 95.20 against the dollar.
-
Ghosts Of 1971 Crisis: Why France Moving Gold From US Is Spooking Markets
France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe.
-
How China Is Killing Oil Chokepoints While Trump And Iran Clash Over Hormuz
The funding signals intent. China's grid operators have sharply increased bond issuance, raising tens of billions of dollars in domestic markets.
-
'Immigrant To Billionaire': How This Delhi-Born Man Created A Multi-Billion Dollar Business In US
Raj Sardana, founder and CEO of Innova Solutions, achieved a $2 billion fortune by building his business from scratch.
-
Opinion | Has Trump Abandoned Ukraine In Favour Of Russia?
As a former businessman, Trump sees things from the perspective of profitable deals. Sanctions have hit Russia, but American companies have also suffered business losses running into billions of dollars as a result.
-
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.
-
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...
-
US Announces $400 Million in Funding to Expand Internet Access to Rural Residents, Businesses
The Biden administration has announced that it will provide $401 million (roughly Rs. 3,195 crore) to bring internet access to 31,000 residents in rural areas, along with businesses in 11 states. US Vice President Kamala Harris is set to announce the formation of a coalition of 12 companies and foundations to invest billions of dollars in low-incom...
