Bond investors confronting a painful run-up in yields in the past month may soon find relief from ebbing inflation and the Federal Reserve, according to BlackRock Inc.’s Rick Rieder. The asset manager’s chief investment officer of global fixed income told Bloomberg Television that he envisions the Fed being able to lower interest rates twice this year as inflation moderates in the months ahead.
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PE firm General Atlantic has initiated talks with investment banks for an IPO of its portfolio company Rubicon Research Pvt Ltd, in which it holds a majority stake, sources aware of the discussions told Moneycontrol. General Atlantic acquired a 58% stake in Rubicon Research in 2019. Rubicon Research reported a revenue of Rs 580.8 crore in the nine-month period ended December 31, 2023.
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Ather Energy is reportedly in the final stages of securing $75-$90 Mn (approximately INR 750 Cr) in primary funding from its existing investors. An existing investor might lead the upcoming funding round, potentially valuing Ather Energy at anywhere between $850 Mn and $1 Bn. Existing investor Sachin Bansal, has divested a significant portion of his shares to Nikhil Kamath.
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