Wednesday, September 02
President Donald Trump told U.S. military service members on Thursday his administration had ordered "a lot more" B-2 Spirit stealth bombers made by Northrop Grumman, after the aircraft's use in U.S. strikes on Iran's nuclear sites earlier this year."Those beautiful B-2 bombers, they totally obliterated the nuclear potential nuclear supply of Iran," Trump said."We just ordered a lot more of them and the reason we did is they were totally incredible, totally invisible."
Resources conglomerate and Mumbai-listed Vedanta is preparing to raise about ₹2,000 crore through rupee-denominated non-convertible debentures (NCDs) at its ferrous metals subsidiary ESL Steel, formerly Electrosteel Steels, people familiar with the fundraising told ET.The notes are likely to be priced around 10%-12%, depending on the structure and guarantee package. Citibank is expected to arrange the deal, said the people cited above.The latest fundraising comes after Vedanta raised ₹5,000 crore earlier this year at coupon rates ranging from 8.9% to 9.45% across tenors, largely subscribed by mutual funds such as ICICI Prudential and Aditya Birla Sun Life.Mumbai-listed Vedanta’s leverage has remained high given the dividend outflows to its London-based unlisted parent, Vedanta Resour
