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Rules on new fund for debt mkt aim to lift liquidity, confidence | Mint - Mint.

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Staff Writer 27 Jul 2023 Livemint

Debt MFs to invest 25 bps of their AUM in units of the new corp debt market fun

New Delhi: Markets regulator Securities and Exchange Board of India(Sebi) on Thursday issued a framework for the Corporate Debt Market Development Fund (CDMDF). This comes after Sebi notified the rul…

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Nikhil Kamath-backed Third Wave Coffee fires 120 employees - Moneycontrol.

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Tushar Goenka 14 Dec 2023 Moneycontrol

Employees across teams like tech, finance, marketing, business development and app were asked to let go.

Third Wave Coffee, a specialty coffee and food brand that counts Zerodha co-founder Nikhil Kamath among investors, has fired 100-120 employees, people aware of the developments told Moneycontrol. Th…

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US Fed Meeting Live Highlights: Powell-led FOMC keeps key rates unchanged at 5.25-5.50%, signals 3 rate cuts in 2024 | Mint - Mint.

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Livemint 13 Dec 2023 Livemint

US Fed meet Highlights: Jerome Powell-led rate-setting panel kept interest rates steady at a 22-year high for the third straight meeting and signaled the end of policy tightening after having imposed the fastest string of increases in four decades to fight hi…

US Fed Meeting Highlights: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchang…

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Volkswagen to launch first electric car in India next year: Details - CarToq.com.

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Shantonil Nag 20 Apr 2023 CarToq.com

Alongside showcasing the new variants and colour options of Taigun and Virtus, Volkswagen also unveiled the India-spec ID.4 GTX all-electric vehicle at its annual brand conference. The German car brand has indicated that the new ID.4 GTX will hit the market i…

Alongside showcasing the new variants and colour options of Taigun and Virtus, Volkswagen also unveiled the India-spec ID.4 GTX all-electric vehicle at its annual brand conference. The German car bra…

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Overseas lenders file insolvency proceedings against Byju’s in India - Moneycontrol.

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Deborshi Chaki 25 Jan 2024 Moneycontrol

Byju’s secured $1.2 billion in debt through a term loan facility from a consortium of global investors in November 2021 and is embroiled in a legal dispute with the lenders in the US

Foreign lenders, who collectively extended more than 85 percent of Byjus $1.2 billion term loan, have filed an insolvency petition against the online tutor in India, people directly aware of the deve…

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