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Microfinance lender Fusion Finance Monday announced that its Rs 800 crore-right issue was fully subscribed with its promoters Honey Rose Investment Ltd, an affiliate of Warburg Pincus, and Creation Investments Fusion LLC taking part in it.
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The agreement marks a major de-escalation of the trade war between the world's two biggest economies.
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U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war.
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