Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter. The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital…
BENGALURU: Defence PSU Hindustan Aeronautics Ltd (HAL) Wednesday said it has signed a contract with Germany’s Hensoldt Sensors GmbH at the Dubai Air Show 2025 to secure design transfer and intellectual property rights for advanced obstacle-avoidance technologies for helicopters.The agreement covers the Transfer of Design ToT, IPR, and manufacturing and repair capability for an Obstacle…
Shares of the company rose 2% in pre-market trading. Source link
Mahua Moitra (File photo) NEW DELHI: Trinamool Congress (TMC) leader Mahua Moitra on Wednesday courted controversy when she shared an old photo of the arrest of Bangladesh’s former poll commissioner in an election-manipulation case, saying it was a sign of “things to come” in an apparent reference to the INDIA bloc’s allegation that the Election…
The government reopening may spark a fresh historic run for recently battered cryptocurrencies. Bitwise’s Matt Hougan expects legislation to support new investment products in the space. “It’s going to be ETF Palooza in Cryptoland. I think there’ll be 100 plus launches,” the firm’s chief investment officer told CNBC’s “ETF Edge” on Monday. “We’re going to…
US insurer The Standard has set up StanCorp Global Services India as a new global capability center in Bengaluru and Pune to support its technology transformation and future growth, and has appointed Mohua Sengupta as senior vice president and country head for India.The Standard is a US-based group of companies that offers disability, life, dental,…
Crypto exchange Kraken has raised $800 million in fresh funding, including $200 from investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets onto blockchain infrastructure, the company said Tuesday. The round was split across two tranches, with the main one led by institutional investors including Jane Street, DRW Venture Capital, HSG,…
NEW DELHI: Supreme Court on Tuesday agreed to frame a comprehensive guideline on organ transplant to enable the poor and marginalised equal access to these life-saving surgical procedures and sought joint suggestions from govt and the petitioner.Appearing for the petitioner, senior advocate K Parameshwar told a bench of CJI B R Gavai and Justice K…
Analysts indicate that developments in Indo-US trade negotiations and improving domestic corporate performance could restore market confidence. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was below 25,900, BSE Sensex was near 84,600. At 9:18 AM, Nifty50 was at 25,886.35, down…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s slide under $90,000 looked like the start of a broad…
