Twitter Has Begun Interests Payments on Elon Musk’s Buyout Bank Debt
Twitter has made its first interest payment on a loan that banks provided to help finance billionaire Elon Musk’s purchase of the social media company last year, according to two…
n Musk Could Raise $3 Billion to Pay Off Part of Twitter Debt
Elon Musk’s team has been exploring using as much as $3 billion in new fundraising to help repay some of the $13 billion in debt tacked onto Twitter for his…
Budget 2023 – Centre To Focus On Gradual Fiscal Consolidation: Report
Morgan Stanley expects capital expenditure spending to increase to 2.9 per cent of GDP in 2023-24. (File)New Delhi: In its Budget for 2023-24, the Indian government is expected to focus…
Paytm’s Outlay For Share Buyback Won’t Hamper Growth Plans, Firm Has Excess Cash: Report
Morgan Stanley expected the buyback to provide support to the stock price in the near term.(File)New Delhi: One 97 Communications (OCL), which owns the brand Paytm, announced that its board…
Inflation To Fall To Within RBI’s Target Range By March 2023: Report
The report said it expects India’s retail inflation to moderate to 5.4 per cent in 2023-24.New Delhi: Morgan Stanley expects India’s retail inflation to track within the Reserve Bank of…
India Set To Become Third-Largest Economy By 2027: Morgan Stanley
The report said that India’s share of manufacturing is seen rising to 21 per cent of GDP by 2031.(File)New Delhi: Bolstered by investments it has made in technology and energy,…
Banks Said to Be Forced to Hold on to Musk’s Twitter Takeover Deal Debt
The banks providing $13 billion (roughly Rs. 1,07,300 crore) in financing for Tesla CEO Elon Musk’s acquisition of Twitter have abandoned plans to sell the debt to investors because of…
Morgan Stanley Cuts India’s GDP Forecast On Slowing Global Trade
Morgan Stanley trims India’s GDP forecast to 7.2%BENGALURU: Morgan Stanley cut its forecast for India’s annual growth to 7.2 per cent for this year, as tighter financial conditions and a…
Foxconn Sales Increased in June Amid Chip Shortage, Inflation Concerns
Taiwan’s Foxconn, the world’s largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to…
Elon Musk Launches $43-Billion Hostile Takeover of Twitter
Elon Musk has made a “best and final” offer to buy Twitter, saying the company has extraordinary potential and he will unlock it.The world’s richest man will pay $54.20 (roughly…