Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at US companies that are re-evaluating the legal and political risks associated with bold programmes to bolster historically under-represented groups. The changes announced by the world’s biggest retailer on Monday followed a string of legal victories by conservative groups.
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State Bank of India (SBI) has raised ₹50,000 crore through domestic bonds in FY25. This includes ₹5,000 crore from AT1 Bonds, ₹15,000 crore from Tier 2 Bonds, and ₹30,000 crore from Long-Term Bonds, country's largest lender said in a regulatory filing. The bond issues received an overwhelming response, with demand more than double the base issue size, SBI said.
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The money raised through the initial public offering will primarily support new solar and wind projects, with an aim to achieve a commissioned capacity of 19,000 MW by 2026-27 (FY27), says NTPC and NTPC Green Energy CMD Gurdeep Singh. NTPC also plans to expand its renewable capacity to 60 GW by 2032 while optimising funding costs through its robust credit ratings.
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