Final Day for IBC Bidding on Jaiprakash Associates; ₹57,000 Crore in Debt at Risk
The final day to submit bids for Jaiprakash Associates as part of the bankruptcy proceedings is today, representing a significant milestone in…
Elon Musk’s xAI enhances debt proposal as investors approach deadline.
The updated package now comprises $3 billion in bonds carrying a yield of 12.5%, a $1 billion fixed-rate term loan also at 12.5% interest,…
Pakistan’s 2025-26 Budget: Finance Minister Aurangzeb Raises Defense Spending to PKR 2,550 Billion Amid Growing Debt Concerns
On Tuesday, June 10, Pakistan’s Finance Minister Muhammad Aurangzeb announced the allocation of PKR (Pakistani Rupees) 2,550 billion for…
Elon Musk’s xAI Targets $113 Billion Valuation Following Debt Sale Managed by Morgan Stanley, According to Reports
Elon Musk’s artificial intelligence initiative, xAI, is reportedly aiming for a $113 billion valuation in an upcoming share sale while…
‘Sell America’ is back on after a massive debt warning
CNN — Wall Street is on edge about American investments again after receiving a significant warning about the safest of all safe havens: US…