US bonds selloff resumes as 10-year, 30-yields hit new 24-year higheconomictimes.indiatimes.com
United States Treasuries faced renewed selling pressure as yields on the benchmark 10-year note and 30-year bond hit fresh 24-year highs. The selloff was driven by rising oil prices surpassing $100 per barrel during Middle East supply concerns and storm threats to US production. The 10-year yield climbed to 5.316 percent while the 30-year yield reached 5.696 percent. Additional pressure stemmed from reports that SpaceX was seeking $40 billion in financing for chip purchases, raising concerns about corporate borrowing competing with government debt.
RBI says it will ensure 'undervalued' Rupee finds its correct leveleconomictimes.indiatimes.com
The Reserve Bank of India stated it will ensure the undervalued rupee finds its correct level following a slide to a five-month low of 96.8450 against the dollar. The currency closed at 96.7750, down 0.4 percent from the previous close, having lost 7 percent so far this year. Governor Sanjay Malhotra announced the central bank's stance during a post-policy media interaction after raising the policy rate by 25 basis points. Traders reported central bank intervention in the forex market to cap the currency's decline.
Sun Pharma to consider ₹15,000 crore NCD issue; board meeting on 12 Octoberlivemint.com
Sun Pharmaceutical Industries announced a board meeting on October 12, 2026, to consider issuing non-convertible debentures worth up to ₹15,000 crore on a private placement basis. The proposed debt sale will help fund a bridge loan taken to finance the acquisition of US healthcare company Organon & Co. The country's largest drugmaker previously closed a syndication for a nearly $12 billion, 18-month bridge loan earlier this year with lenders including the State Bank of India. The company also recently signed an exclusive licensing deal for the cholesterol-lowering drug lerodalcibep.
SEBI introduces colour-coded credit risk-o-meter for debt securitiesthehindubusinessline.com
The Securities and Exchange Board of India introduced a mandatory colour-coded credit risk-o-meter for debt securities to help investors assess credit risk. The framework maps credit ratings from AAA down to D across six risk levels, each represented by a specific colour. The rules apply to listed and proposed listed non-convertible securities, commercial papers, securitised debt instruments, and structured debt products. Issuers must display the risk meter in digital and printed promotional materials, and Online Bond Platform Providers must update changes within 24 hours.
Ola Electric rights issue at ₹27: 26% discount to market price; check record date, key dates and detailslivemint.com
Ola Electric Mobility fixed the issue price for its upcoming rights issue at ₹27 per equity share, representing a 26 percent discount to its Wednesday closing price of ₹36.32. The board approved a fundraise of up to ₹1,000 crore through the issuance of roughly 37 million partly paid-up shares. Eligible shareholders will receive two rights shares for every 25 fully paid-up shares held as of the October 13, 2026 record date. The issue opens on October 22 and closes on October 30, 2026, with payment structured in two calls.
NCLT approved 107 resolution plans worth Rs 11,000 crore in Q2economictimes.indiatimes.com
The National Company Law Tribunal approved 107 resolution plans during the second quarter of financial year 2026–27, marking the highest quarterly count since its inception. The approved plans involved an aggregate value exceeding ₹11,000 crore, surpassing the 60 plans cleared in the same quarter of the previous year. Together with 78 plans approved in the first quarter, the tribunal cleared 185 plans in the first half of the fiscal year. The cumulative total of approved resolution plans reached 1,735 by the end of September 2026.