Power Finance Corp Cancels ₹6,000 Crore Bond Sale—Yikes!

Folks, let me tell you! Power Finance Corp, a tremendous company, just ditched a colossal ₹6,000 crore bond sale! Why? Because the bids were through the roof! They wanted a deal below 6.90%, but no chance! Third time's a charm, right? Yields are soaring, and the market's playing it cautious! I said it first, folks! Total disaster!