BSE expansion plan: Exchange approaches MMRDA for land parcel in Mumbai’s Bandra Kurla Complex

The Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) seeking allotment of land in Bandra Kurla Complex (BKC) as part of plans to expand its operational presence in Mumbai, PTI reported.In a statement on Saturday, MMRDA said BSE Managing Director and CEO Sundararaman Ramamurthy and Chief Regulatory Officer Kamala Kantharaj…

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BlackRock caps redemptions from $26 billion private credit fund after investor withdrawals spike

BlackRock has restricted investor withdrawals from its $26 billion HPS Corporate Lending Fund (HLEND) after redemption requests surged beyond the usual threshold, underscoring mounting pressure in the $2 trillion global private credit market, Reuters reported.The move came after investors sought to withdraw $1.2 billion in the first quarter, equivalent to roughly 9.3% of the fund’s…

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Women empowerment push: SBI launches $500 million social loan facility ahead of International Women’s Day

The State Bank of India (SBI) on Saturday announced the launch of a $500 million syndicated social term loan facility focused exclusively on women’s economic empowerment, with a greenshoe option, ahead of International Women’s Day.In a statement, the country’s largest lender said the transaction marks a milestone for both SBI and the global ESG financing…

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Stranded Ships West Asia: Middle East tensions: Consider charges waiver for stranded ships, ports told | India News

NEW DELHI: With West Asia-bound cargo ships stranded in India due to conflict in the region, shipping ministry on Friday directed all 12 major ports to consider requests for reduction, waiver or remission of charges, including for storage rent, reefer plugging and change of vessel.The ministry said ports may permit storage of cargo destined for…

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