EXIM Bank of India has successfully raised one billion US dollars through its dual-tranche bond issue. The bank sold ten-year bonds at five percent and thirty-year bonds at five point seven five percent. Strong demand allowed for aggressive pricing on these longer-duration bonds. Proceeds will fund overseas investments and capital goods imports.
Vodafone Idea shares rally 7% to fresh 52-week high despite market crash. What’s behind the surge?
Vodafone Idea shares surged nearly 7% to a new 52-week high after ICRA upgraded the telecom operator’s rating and revised its outlook. Investor sentiment was