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Nuvoco Vistas plans to raise 1,200 crore through CCDs and CCPS in Vadraj Cement to refinance bridge facilities used for the 1,800 crore acquisition. Trust Capital is arranging the fundraising, which involves merging Vanya into Vadraj after the acquisition. The funds will refinance short-term debt through long-term maturity instruments.
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News and Media
White House confirms President Trump accepted Elon Musk's apology. This follows Musk's regret expressed on X regarding his posts about Trump. Earlier, Vice President Vance and Chief of Staff Wiles spoke with Musk. Republican lawmakers urged Musk to reconcile with Trump. They also sought his support for Trump's domestic policy bill. Allies tried to de-escalate the feud through outreach.
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News and Media
President Trump indicated a willingness to extend the July 8 deadline for trade talks, contingent on countries negotiating in good faith. Treasury Secretary Scott Bessent echoed this sentiment, suggesting flexibility for ongoing negotiations with nations like South Korea, Japan, and the EU. Trump also mentioned plans to send out final deal offers, signaling a take-it-or-leave-it approach for some countries.
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News and Media
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