The National Highways Authority of India, on Monday said the aggregate total size of the issue was Rs 775 crore with a base issue size of Rs 500 crore and a green-shoe option to retain oversubscription up to Rs 275 crore, with a yield of 7.23% per annum. The funds have been raised through DME Development Limited (DMEDL), which is a fully owned subsidiary of NHAI.
Tech equity sales renew AI debt-binge worries
Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital