private credit deal

Ravi Kota is now at the helm as the new Chairman and Managing Director of Hindustan Aeronautics Ltd (HAL), armed with over three decades of invaluable experience. His expertise has been key in locking down significant contracts like those for the Tejas fighter jet and the Light Combat Helicopter.

Oracle faces a significant bank-debt challenge due to its massive data centre expansion for OpenAI, reportedly requiring $300 billion. Lenders struggle with exposure limits, impacting their ability to finance these projects. This comes as Oracle also plans substantial job cuts, highlighting financial pressures despite efforts to secure funding.

Oracle has staked its entire future on a $300 billion deal with a company that doesn't make money, funded by debt it can't service from operations, built by contractors it doesn't control. Its stock has lost half its value. Thousands of employees have lost their jobs. And its response has been to post on X. This is the story of how Oracle's biggest bet became its biggest liability—and why every reassurance is making it worse.

The week begins with high energy and confidence, particularly in personal and professional spheres. Midweek brings a need for caution regarding sharing information and potential mood dips, but support arrives through partners. Romance blossoms, and career and financial matters see positive developments, though careful financial management is advised throughout.

As you navigate today's ups and downs, make self-care your top priority; health may waver, creating obstacles. Your guiding star suggests a cautious approach; safeguard your projects and keep them under wraps to outsmart any potential challengers. In your personal life, staying cool-headed can help dodge unnecessary conflicts. On the financial front, steer clear of loans and impulsive buys.

Today's numerology forecast for April 21st emphasizes clear communication and careful agreements for Number 1s, emotional expression for Number 2s, patience for Number 3s facing delays, and diligent follow-ups for Number 4s. Number 5s are cautioned against haste, while Number 6s should manage heightened emotions. Numbers 7, 8, and 9 are advised to use calm authority, introspection, and carefulness respectively.

Hansika Motwani has opened up about navigating one of the most difficult phases of her life following her separation from businessman Sohael Khaturiya, revealing how her family became her strongest pillar as she battled mental health struggles. Speaking about her lowest phase, Hansika shared that her mother Mona Motwani and brother Prashant Motwani stood firmly by her side when she was struggling emotionally. Hansika revealed that the past two years have been focused on rebuilding her mental health, a journey that began after a close friend encouraged her to seek professional help.

On April 12, 2026, individuals are encouraged to embrace action over comfort and confront difficult tasks and conversations. Numerology numbers 1 through 9 offer guidance on navigating potential challenges, emphasizing clear thinking, emotional boundaries, honesty, practical organization, mindful generosity, emotional judgment, self-belief, partnership, and disciplined expression. The day's focus is on personal growth and effective interaction.

Massive AI data center investments, projected to hit $7 trillion by 2030, are straining the insurance industry. Experts highlight capacity issues and unique risks like extreme weather and rapid hardware obsolescence. Complex, less transparent financing structures are also raising concerns for insurers and lenders alike.

Actress Roop Durgapal, known for 'Balika Vadhu', emphasizes maintaining a private life while selectively sharing on social media for balance. She notes how audiences often conflate actors with their characters, a common reaction to strong emotional connections. Durgapal credits self-awareness, yoga, and loved ones for staying grounded amidst fame's unpredictability, finding solace in nature to recharge.

The US Department of Education is transferring its student loan portfolio, starting with $180 billion in defaulted loans, to the Department of the Treasury. This move is part of an administration effort to reduce the Education Department's role, with Treasury eventually assuming responsibility for all federal student loans. Borrowers will not experience changes during the transition.

Barron Trump turns 20 today, and despite spending his entire life in one of the world's most scrutinised families, he remains its most private member. From a $150 million crypto fortune and a yerba mate start-up to quietly reshaping his father's social media strategy, the NYU sophomore is building something of his own. He just hasn't told anyone about it yet.

Despite New Zealand's T20 World Cup 2026 final loss, captain Mitchell Santner's composure shone. His strength is drawn from his wife, Caitlin Dodunski, a professional ecologist, and their daughter Esme. Their quiet family life provides a grounding escape from the pressures of international cricket.

The project is geopolitical leverage for New Delhi. It fits into GOI’s smart transactional approach: invest in US, buy Russian oil, clear Chinese FDI, talk to Iran, be pals with Israel. Be guided by ROI, not emotion

OpenAI CEO Sam Altman suggested Anthropic's stricter contractual demands may have led to their failed Pentagon deal. While OpenAI secured a contract, Anthropic was declared a national security risk. Altman emphasized OpenAI's reliance on technical safeguards over contract language for safety in government deployments.

Avendus's third credit fund has secured over Rs 2,200 crore in commitments, surpassing its initial target. The fund, aiming for Rs 4,000 crore, has already deployed Rs 1,200 crore, attracting significant HNI and institutional backing. This success highlights private credit's resilience, with Avendus focusing on flexible, secured solutions for quality corporates.

What’s fueling the rise of private credit in the first place is the fact that banks are not being able to fulfil all kinds of requirements, leaving a funding gap for mid-market structured credit, said Dhedhi. “Private credit can provide non-dilutive capital that can be tailored to specific needs of each borrower.

OpenAI CEO Sam Altman believes rival Anthropic is overreacting in its dispute with the US Department of War. Altman stated OpenAI is working with the Pentagon on deploying AI in classified environments while maintaining safety, aiming to resolve industry deadlock. He emphasized democracy over corporate power, seeking to de-escalate tensions.

Changes in GDP calculation methodology reinforce India’s robust growth narrative. The one worry is white-collar job loss, like in IT, and its impact on consumption

Tributes poured in as Hollywood bid farewell to Bobby J. Brown, the promising actor who perished in a barn fire on February 12, 2026. The blaze is under investigation, with an electrical fault suspected as the trigger. Known for Midnight Runaway and the forthcoming Steel Horizon, Brown earned acclaim for his intensity and dedication.

Financial services major Credit Suisse has invested $100 million (about Rs 430 crore) in Hyderabad-based Indu Projects for a minority stake.

Earlier on Sunday, IDFC First Bank had reported a fraud of Rs 590 crore carried out by certain employees along with other individuals in accounts associated with the Haryana government.