The Hinduja Group investment firm is offering an annual return, or coupon rate, of 15% on the NCDs, which will be secured against Reliance Capital shares with Reserve Bank of India (RBI) approval, the sources said.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created