Sequoia-backed Nuvacore seeks $2.5bn valuation in funding round – Reuters

An Air India Express flight from Ranchi to Bengaluru experienced a significant delay. The aircraft had to arrange oxygen cylinders from Delhi for the return journey. This delay occurred after a passenger required oxygen during the inbound flight. The flight, number IX 1244, eventually departed for Bengaluru after the cylinders arrived. Passengers waited for approximately…

US bond yields climbed significantly on Monday, surpassing 5%. Crude oil prices jumped, reviving inflation concerns among investors. This surge pushed markets to anticipate another Federal Reserve interest rate hike. Resilient economic growth and government borrowing also contributed to rising yields. Investors now await the Fed’s policy decision on Wednesday.

Shapoorji Pallonji Group is exploring debt options for a ₹3,500 crore repayment. The central bank’s Tata Sons listing mandate offers investors a clear repayment path. This directive will build investor confidence in monetizing Tata group stakes. It also assures future redemption commitments for the conglomerate. The group seeks to manage its financial obligations effectively.