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BusinessCube Highways Trust has raised Rs 1,150 crore through senior secured AAA-rated NCDs with a 7.50% annual coupon payable quarterly over five years. Key investors included Axis Bank and ICICI Bank. The funds will be used for debt refinancing and ongoing capital projects, part of a larger Rs 4,500 crore financing plan.
ET Markets·
BusinessThe RBI Governor stated that India is taking a cautious approach towards cryptocurrencies. Emphasizing new technologies and additional measures, he highlighted concerns mainly related to cross-border payments involving digital currencies. Investors are advised to understand these risks before investing in cryptocurrencies.
News18Hi Business·
PoliticsParliamentary committees have been reshuffled, with leaders Shashi Tharoor, Charanjit Singh Channi, and Anurag Thakur receiving new responsibilities. The changes specify which positions each leader has been assigned, reflecting the latest organizational updates within the committees.
Amar Ujala·
PoliticsThe Rajasthan State Election Commission has announced the Panchayat elections, scheduling voting in four phases. The election schedule includes important dates for nominations and voting, drawing attention from candidates and voters across the state. The announcement outlines the timeline for the entire election process in Rajasthan.
Aaj Tak··Rajasthan
PoliticsPolice are searching for Sujal, a Sonipat resident, who allegedly supplied weapons and a motorcycle to the two shooters involved in the murder of 32-year-old Haryanvi singer and YouTuber Ankit Baliyan in Shamli. The shooters, Mohit and Sumit, died during treatment after a police encounter. Authorities hope Sujal's arrest will reveal details about the conspiracy and weapon procurement.
Hindustan Times··Sonipat
PoliticsIndian Air Force Chief Air Chief Marshal AP Singh warned personnel about the risk of honey traps during his annual press conference in New Delhi. He emphasized vigilance when interacting on social media and digital platforms. The caution follows the arrest of an IAF Wing Commander on May 30 for allegedly sharing defense information with a woman linked to Pakistani intelligence, according to Delhi Police.
News18··New Delhi
ET Markets·
Cube Highways Trust has raised Rs 1,150 crore through senior secured AAA-rated NCDs with a 7.50% annual coupon payable quarterly over five years. Key investors included Axis Bank and ICICI Bank. The funds will be used for debt refinancing and ongoing capital projects, part of a larger Rs 4,500 crore financing plan.
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