Net-lease investment volume jumps in Q2 on steady investor demand

SpaceX’s acquisition of AI coding startup Cursor could be completed in the coming days. That’s according to a report Friday (Aug. 9) from The Information, citing comments to staff at an all-hands meeting the day before. During that meeting, workers learned that the Cursor brand name would likely be phased out in the months to…

The Central Board of Direct Taxes (CBDT) has recently notified the ₹20,000 crore zero-coupon bond issue. This is an issue of the National Bank for Financing Infrastructure and Development (NaBFID). These bonds differ from regular bonds in that they do not provide periodic interest payments. Instead, investors earn returns from the difference between the discounted…

Automotive service providers that use 1stMILE’s automotive commerce platform can now offer their customers Splitit’s flexible point-of-sale installment payments. With the new 1stMILE Buy Now, Pay Later powered by Splitit, the merchant receives full payment up front, while the customer can split eligible purchases into monthly installments using a credit card they already have, Splitit…

Investors are bullish on Meta’s new low-cost AI pricing and infrastructure plans.

MPs have warned that the government’s plan for tackling financial exclusion is “far from the finished product” and that industry voices may have held too much sway at the expense of consumer groups. Members of the Treasury Committee say the Financial Inclusion Strategy is a welcome first step, but it is incomplete and lacks vital information on…