Byju’s has raised a ₹2,000-crore structured credit transaction from Davidson Kempner Capital. The transaction is a three-year loan facility with an equity upside linked to Aakash’s planned IPO, which roughly translates to a 12% annualised fixed coupon rate for the company.
F&O Talk: Nifty loses key supports amid tariff turmoil: what’s next? Preeti Chabra weighs in
President Trump’s tariff announcement triggered volatility across global markets, with Indian indices falling 2.6%. Analyst Preeti K. Chabra shares insights on Nifty, Bank Nifty, and