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U.S. power startup Fermi’s shares plummeted 23% after CEO Toby Neugebauer and CFO Miles Everson abruptly departed. Short seller Fuzzy Panda Research alleged fraudulent transfers by Neugebauer and other executives. Despite leadership changes, the company reiterated its operational plan for “Project Matador,” an AI-focused electricity generation site.Read More

Indian corporates raised $4.60 billion in ECB in February, 14% lower than January. Over 100 firms borrowed $4.20 billion via the automatic route, while Piramal Finance took $400 million via approval. ABC Cleantech led with $595 million.Read More

PNB Housing Finance reported a 19% rise in Q4 net profit to Rs 656 crore. FY26 profit grew 18% to Rs 2,291 crore. The company proposed Rs 8 per share dividend while its assets under management expanded 13% to Rs 90,921 crore with strong retail loan growth.Read More

BSE Index Services introduced the Housing Finance Index to measure housing finance companies’ performance. Drawn from BSE 1000, it supports ETFs, mutual funds, PMS strategies, and sector-specific tracking. LIC Housing Finance holds the highest weight, while Aadhar and others contribute smaller shares.Read More

Honeywell is selling its productivity solutions and services unit to Brady for $1.4 billion in an all-cash deal. This move aims to streamline Honeywell’s business footprint as it prepares to split into separate aerospace, automation, and advanced materials units. The divestiture is expected to be completed in the second half of 2026.Read More