Paramount rolls out $44 billion bond sale to fund Warner Bros. takeover

Economic Times - Sep 28, 2026

Paramount Skydance Corp. has initiated the sale of over $44 billion in bonds to fund its acquisition of Warner Bros. Discovery Inc. Following legal settlements, the company can proceed with the financing, which includes various debt tranches. The bond issuance is expected to be one of the largest corporate high-yield deals recorded. Initial pricing discussions have indicated a yield in the low-9% range for the long-term bonds.

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UK terror plot: All five suspects released on bail
Sep 28, 2026
UK terror plot: All five suspects released on bail

The five suspects, who haven't been named, were initially held over suspected explosives offenses, and later also arrested on suspicion of preparing an act of terrorism. Police said the men are all British nationals from London and in their 20s.

October Horoscope 2026: 3 zodiac signs could attract more money but not in the way they expect
Sep 28, 2026
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October 2026 could bring a financial turning point for three zodiac signs. Venus and Mercury are both retrograde during the month. In astrology, these periods can bring old opportunities back into focus. For these three signs, money and success could become important themes.

I-T searches premises linked to film producers Kumar Mangat Pathak, Vashu Bhagnani
Sep 28, 2026
I-T searches premises linked to film producers Kumar Mangat Pathak, Vashu Bhagnani

The Income Tax Department on Monday searched multiple Mumbai locations linked to Panorama Studios and film producers Kumar Mangat Pathak and Vashu Bhagnani over suspected irregularities involving foreign remittances and alleged tax evasion, sources said. Officials examined financial records and overseas transaction details as part of the ongoing probe.

I-T searches premises linked to film producers Kumar Mangat Pathak, Vashu Bhagnani
Sep 28, 2026
I-T searches premises linked to film producers Kumar Mangat Pathak, Vashu Bhagnani

The Income Tax Department on Monday searched multiple Mumbai locations linked to Panorama Studios and film producers Kumar Mangat Pathak and Vashu Bhagnani over suspected irregularities involving foreign remittances and alleged tax evasion, sources said. Officials examined financial records and overseas transaction details as part of the ongoing probe.

Beijing widens travel curbs to kin of top chip, AI talent
Sep 28, 2026
Beijing widens travel curbs to kin of top chip, AI talent

Government agencies have recently begun to share the wider restrictions with affected people, which include prominent startup founders as well as the heads of strategically important companies in AI-related fields, people familiar with the matter said. Direct relatives such as spouses and children of certain AI and chip executives, whose work is considered paramount to state security, are now required to obtain approval from Beijing before going abroad even for short trips, the people said.

Bangladesh PM Rahman plans Japan, Saudi, Turkey trips; India visit still uncertain
Sep 28, 2026
Bangladesh PM Rahman plans Japan, Saudi, Turkey trips; India visit still uncertain

Bangladesh Prime Minister Tarique Rahman is set to visit Japan, Saudi Arabia and Turkey in October and November, but there is no confirmed schedule yet for a trip to India despite an invitation from New Delhi. While speculation continues over a possible India visit later this year, people familiar with India-Bangladesh ties said no date has been finalised.

‘I have the choice to leave’: Gurgaon founder says no other Indian city offers him the same mix of lifestyle and earning opportunities; sparks debate
Sep 28, 2026
‘I have the choice to leave’: Gurgaon founder says no other Indian city offers him the same mix of lifestyle and earning opportunities; sparks debate

Deepak Abbot, co-founder of Indiagold, has sparked a debate over quality of life in Indian cities after saying Gurgaon offers him a combination of lifestyle and earning opportunities that he has not found elsewhere. His comments on X drew mixed reactions, with users praising Gurgaon while others pointed to Chandigarh and the challenges faced across Indian cities.

China is building a new rulebook for dealing with the US — tariffs are only the beginning of a much broader reset
Sep 28, 2026
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Taliban claims success against Pakistan terrorists: 'Killed 28 fighters & wounded 32 others'
Sep 28, 2026
Taliban claims success against Pakistan terrorists: 'Killed 28 fighters & wounded 32 others'

Taliban has claimed that its forces killed 28 fighters and wounded 32 others in Afghanistan’s Nuristan province after alleged ISIS militants crossed the border from Pakistan. Afghanistan’s defence ministry said the group entered Kamdesh district with plans to carry out attacks and accused Pakistan-backed forces of supporting the infiltration. Pakistan has not yet responded to the claim.

Amit Shah unveils PRAHAAR, a whole-of-society strategy against terror
Sep 28, 2026
Amit Shah unveils PRAHAAR, a whole-of-society strategy against terror

Mentioning various steps undertaken for mitigating terrorist threats, he advocated institutionalizing an automated counter terrorism response at every level of the framework. Impressing upon the necessity of result-oriented approach towards each pillar of PRAHAAR, Shah called for coordination among the stakeholders to prevent any delay in action.

Amit Shah unveils PRAHAAR, a whole-of-society strategy against terror
Sep 28, 2026
Amit Shah unveils PRAHAAR, a whole-of-society strategy against terror

Mentioning various steps undertaken for mitigating terrorist threats, he advocated institutionalizing an automated counter terrorism response at every level of the framework. Impressing upon the necessity of result-oriented approach towards each pillar of PRAHAAR, Shah called for coordination among the stakeholders to prevent any delay in action.

What is Anthropic Claude Sonnet 5.5?
Sep 28, 2026
What is Anthropic Claude Sonnet 5.5?

Anthropic has released Claude Sonnet 5.5 on Monday. It is the second model in its Claude 5.5 family. The AI lab is expanding its product lineup ahead of a planned IPO. Sonnet 5.5 is a faster and lower-cost option than Claude Opus 5.5.

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