Global markets experienced a relief after President Trump’s tariff pause, but concerns remain about U.S. Treasury market instability. Unusual bond market activity, including significant yield increases and swap spread widening, raised alarms about market functioning.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000