Welspun Corp’s shares dipped after US tariffs despite the company’s localized US production, which MD Vipul Mathur believes will benefit them. Fueled by a strong order book and global expansion, the company’s stock has seen significant gains over the past year. Welspun is expanding in Saudi Arabia and India, projecting substantial revenue and operating profit growth by FY26.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of