FIDELITY

Top global investors queue up for Airtel’s $1.25 billion bond issue
The Sunil Mittal-led telco said it priced $750 million worth of senior 10.25-year bonds at a yield of 187.5 basis points for an implied coupon of 3.250%. Network i2i, Airtel’s wholly owned Mauritius arm, in turn, priced $500 million of guaranteed subordinated perpetual 5.25-year bonds at a coupon of 3.975%.

PIMCO, Goldman Sachs, Fidelity, BlackRock subscribe to Airtel's overseas bonds
The Sunil Mittal-led telco said it has priced $750 million wor...

Zomato closes $250 million funding round at $5.4 billion valuation
Zomato has benefited from a revival in the online food ordering sector aft...
NSE-BSE bulk deals: Nalanda Fund buys stake in TCNS Clothing as Fidelity exits
Fidelity Investment Trust sold 2.2 million shares or 3.55 per cent stake in the company at Rs 402 per share.
How Wall Street gains from 'populist' trading movement
For now, big, traditional investors that already held GameStop shares have the advantage, Larry Harris said. "Long institutions are the big winners," said Harris, a former chief economist for the U.S. Securities and Exchange Commission.
Asian shares hit a record high after Yellen calls for big spending
U.S. President-elect Joe Biden, who will be sworn into office on Wednesday, last week laid out a $1.9 trillion stimulus package proposal to boost the economy and speed up the distribution of vaccines.
Tips from Britain’s own Buffett to generate double-digit returns in stocks
Here are some of investing lessons from the legend that investors can imbibe in their investing strategies to amass wealth in the long run.
BSE-NSE bulk deals: Goldman Sachs, Fidelity buy stake in PNC Infratech
Other prominent buyers were Axis Mutual Fund, Aurigin Master Fund, Max Life Insurance Company and PCA India Infrastructure Equity Open.
Stocks in the news: SBI, HDFC Bank, Airtel, Voda Idea, Spicejet & InterGlobe Aviation
HDFC Bank CEO Sashidhar Jagdishan assured existing clients of the bank and said that they could continue to transact with the bank without any concern.
Bitcoin extends decline after biggest slump since pandemic hit
Crypto believers tout a broadening investor base and the search for a hedge against dollar weakness as reasons for a durable boom. Critics point to a history of big swings, including a spectacular boom and bust three years ago.
Fidelity invests in beauty etailer Nykaa
The investment comes nine months after Nykaa raised Rs 166 crore in a primary transaction from Steadview Capital at a valuation of $1.2 billion.
Bitcoin is gunning for a record and no one is talking about it
The world’s largest cryptocurrency by market value has been through a boom and bust and a second boom since its frenzied heydays in 2017.
Bitcoin tops $17,000 for first time in almost three years
The largest digital coin, which has more than doubled this year, rose as much as 2.4% to $17,099 on Tuesday in New York trading. From an all-time high in December 2017 of nearly $20,000, Bitcoin tumbled to as low as $3,136 within a year.
Fidelity, D1 Capital likely to invest $100 million in Zomato
Zomato confirmed it has also raised about $145 million from Baillie Gifford, and new investors Mirae Asset-Naver Asia Growth Fund, US hedge fund Luxor Capital and private equity firm Bow Wave Capital and Steadview Capital
NSE-BSE bulk deals: Nomura, Goldman Sachs, Fidelity stock up CAMS on debut
Vanguard Group bought shares of Can Fin Homes, while Caladium Investment offloaded some of its stake.