Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal

Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brex. Shares of the…

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Engineer shoots wife accidentally; distressed by death, he kills self | India News

AHMEDABAD: Congress Rajya Sabha MP Shaktisinh Gohil’s nephew Yashrajsinh Gohil allegedly shot his wife “accidentally” in the head with a licensed revolver in their Ahmedabad flat late Wednesday and then turned the gun on himself, police said.The shooting unfolded in their fifth-floor apartment between 10.30pm and midnight, ACP Jitendra Brahmbhatt said. Yashrajsinh (35) was a…

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Bank depositors’ role in funding credit growth on decline: RBI data

MUMBAI: India’s bank depositor remains the predominant source of credit to the commercial sector, but their relative contribution is steadily declining as credit growth outpaces deposit mobilisation, data for Dec 2025 show.As of Dec 2025, total outstanding credit to the commercial sector (bank and non-bank) rose to Rs 297.9 lakh crore, while bank deposits stood…

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