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SBI to raise $1 billion via five-year dollar bonds from international market
The New Indian Express Tadepalligudem
|September 03, 2025
The country's largest lender State Bank of India is in the international debt market to raise up to $1 billion through a dollar debt issue, following India's sovereign rating upgrade to BBB with a stable outlook by the global rating agency S&P after holding it for 18 years at 'BBB-', which also followed the bank's own rating upgrade.
The bank is issuing dollar-denominated bonds maturing in five years, and is looking at mopping up at least $500 million and if the response and pricing is good, the issue, which is part of the bank's $10 billion medium-term note programme, may touch $1 billion, a merchant banker working on the issue told TNIE on Tuesday.
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FLERE HISTORIER FRA The New Indian Express Tadepalligudem
The New Indian Express Tadepalligudem
Trailblazers and Next-gen leaders, the South Africa story
NADINE de Klerk was running in to bowl the third delivery of the 43rd over at the ACA Stadium in Guwahati.
1 mins
October 31, 2025
The New Indian Express Tadepalligudem
ICAR rejects ‘motivated, baseless’ charges over genome-edited rice
THE Indian Council of Agricultural Research (ICAR) has dismissed allegations made by independent researchers that scientific evidence contradicts ICAR’s assertions about a major increase in rice production following the introduction of two gene-edited rice varieties earlier this year.
1 min
October 31, 2025
The New Indian Express Tadepalligudem
LatentView developing ‘AI chief of staff’ as most jobs will be automated in future: CEO
CHENNAI-BASED IT services firm LatentView Analytics, through its AI Centre of Excellence (CoE), is developing an AI chief of staff that could eventually replace humans in such roles, according to its CEO, Rajan Sethuraman.
1 mins
October 31, 2025
The New Indian Express Tadepalligudem
ChatGPT's payment portal: The new e-commerce battleground?
A few weeks ago, OpenAI launched an inbuilt payment portal within ChatGPT that allows instant checkout. This means users can now make purchases straight from conversations. In addition to its upcoming partnership plans with Shopify, OpenAI has partnered with Stripe and Etsy.
3 mins
October 31, 2025
The New Indian Express Tadepalligudem
Groww sets price band at ₹95-100 for ₹6,632 cr IPO, issue opens on Nov 4
BILLIONBRAINS Garage Ventures, parent company of largest online investment platform Groww, has set price-band at ₹95-100 for its ₹6,632 crore (at the upper end) initial public offer (IPO).
1 mins
October 31, 2025
The New Indian Express Tadepalligudem
6-mth US curbs waiver on Chabahar
THE US has granted India a six-month waiver from sanctions on the strategically significant Chabahar Port project in Iran, External Affairs Ministry confirmed on Thursday.
1 min
October 31, 2025
The New Indian Express Tadepalligudem
Hyundai profit up 14% on increase in exports
SUPPORTED by strong exports and cost-reduction efforts, Hyundai Motor India (HMIL) on Thursday reported a 14.3% year-on-year rise in consolidated net profit to ₹1,572 crore for the Q2FY26. Revenue during the quarter grew 1.16% year-on-year to ₹17,460.82 crore.
1 min
October 31, 2025
The New Indian Express Tadepalligudem
Canada will release stamp to honour service of Sikh soldiers in armed forces
‘THE Canadian government will release a commemorative stamp on Sunday during the 18th Annual Sikh Remembrance Day to honour over 100 years of service by Sikh soldiers in the Canadian armed forces.
1 mins
October 31, 2025
The New Indian Express Tadepalligudem
DEBATE & DISSENT, THE INDIAN WAY
NDIA is often praised for its spirituality, poetry, and devotion. What is less known, and usually deliberately forgotten, is that it also built one of the world’s strongest cultures of reasoning.
3 mins
October 31, 2025
The New Indian Express Tadepalligudem
Chittoor district leads the way in fight against bonded labour
WITH six rescue operations in just four months, and the launch of a dedicated helpline, Chittoor district has emerged as a model in Andhra Pradesh's fight against bonded labour.
1 min
October 31, 2025
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