Sammaan Capital (formerly Indiabulls Housing) has successfully raised $300 million through a three-year bond issuance to overseas investors at 8.95%. This marks their first international issuance under the new brand and aims to diversify their funding base, targeting 10% from international sources. The company plans further overseas borrowing to reach 10-15% within the next year.
Oil Price Today (March 18): Crude oil dips over 1% despite Iran war entering day 19. Here are two reasons why
Oil prices dipped Wednesday following a rise in US crude inventories. However, ongoing geopolitical tensions, particularly concerning the Strait of Hormuz, suggest prices may climb.