GROWTH CAPITAL
Vedanta launches QIP to raise up to Rs 8,000 crore The company also added that it may offer a discount of not more than 5% on the floor price for the issue. The QIP aims to raise $600 million (Rs 5014 crore) with an option to raise an additional $200 million ( Rs 1670 crore) in case of oversubscript...
16 Jul, 2024, 03.08 PM ISTPhillip Capital initiates Buy call on Coal India amid rising capex and robust growth prospects, sees 23% upside The scheme is benchmarked against Nifty India Defence - TRI, which provided a return of 146.17% in the last nine months. Over the past three and six months, the scheme delivered returns of 60.66% and 87.04%, respectively. In the last one year, the s...
16 Jul, 2024, 02.36 PM IST10 equity mutual funds that have outperformed over 1, 3 and 5 years Equity funds that beat their benchmark indices and category average returns regularly tend to score well on risk-adjusted metrics and hold durable stock portfolios.
15 Jul, 2024, 06.30 AM IST- ADVERTISEMENT
Crorepati investors make up to 120% return with PMS funds Some of India's wealthiest investors, who chose to park their savings with PMS funds, have earned returns of up to 120% in just one year
14 Jul, 2024, 03.08 PM ISTHow to play India's growth story through wealth management So, in a sense the whole play is on India but focus is on wealth and we use all the other pieces to sort of support the wealth management and its growth.
13 Jul, 2024, 04.21 PM ISTMumbai records luxury housing sales worth Rs 12,300 cr in January-June The luxury housing market in Mumbai is experiencing significant growth, driven by a surge in sales of properties priced at Rs 10 crore and above. Sales in the first half of 2024 reached a record high of Rs 12,300 crore, marking an 8% increase compar...
11 Jul, 2024, 05.31 PM ISTKazakh capital Astana stands tall as the leading city of Eurasia Kazakhstan’s capital, Astana, celebrated its 26th anniversary on July 6, marking a significant milestone in the country's history and development. Recognized by UNESCO as the City of Peace in 1999, Astana has experienced rapid growth as a free econo...
10 Jul, 2024, 11.05 PM ISTKeep the foot on infra pedal: Tata Steel's message to FM Sitharaman for Union Budget 2024 BUDGET 2024: Finance Minister Nirmala Sitharaman should maintain the focus on capital expenditure in the Union Budget 2024 to benefit the steel industry, says Tata Steel CEO & MD TV Narendran. Continued investment in infrastructure and addressing un...
10 Jul, 2024, 04.20 PM ISTFormer defence secretary Ajay Kumar joins VC play with early-stage fund Ajay Kumar, a former bureaucrat who retired as India’s defence secretary in 2022, has set up a new venture fund, Mounttech Growth Fund, to back early-stage startups. The Rs 250-crore fund has secured approval from Sebi. The fund will look to back st...
08 Jul, 2024, 11.42 AM ISTEquitas Small Finance Bank clocks 35% deposits growth, bucks sectoral trend Equitas Small Finance Bank, with a priority sector focus, achieved a 35.4% year-on-year deposit growth to Rs 37524 crore by the end of June, surpassing the sectoral average of 12%. Advances increased 17.8% to Rs 34872 crore, although the CASA ratio ...
04 Jul, 2024, 07.08 PM ISTIndustry needs to boost capital investments to capitalise on growth opportunities: Anand Mahindra Anand Mahindra, Chairman of Mahindra Group, emphasized the need for Indian companies to increase capital investment to leverage growth opportunities domestically and globally. In the company's annual report for 2023-24, Mahindra highlighted India's ...
03 Jul, 2024, 05.07 PM ISTSpotting Red Flags: Lawrence A. Cunningham's tips to safeguard your investment portfolio Lawrence A. Cunningham advocates that quality-focused, long-term investing is crucial for success but challenging due to resisting short-term gains, standing by long-term decisions, and avoiding potential capital losses from mistakes.
22 Jun, 2024, 04.59 PM ISTParis stock market no longer Europe's biggest, top French firms lost over 10% France lost its spot as Europe's biggest equity market after President Macron's snap election announcement caused a $258 billion market cap loss.
17 Jun, 2024, 02.10 PM ISTArthan Finance raises Rs 50 crore from Incofin, Dell Foundation The Dell Foundation is a returning investor in the company. The fresh fund infusion will boost the company’s business expansion and technological progress, the company said.
10 Jun, 2024, 07.53 PM ISTFPIs stay bullish on growth stocks, cut defensive bets a bit Foreign portfolio investors have been selling Indian shares ahead of the elections, focusing on growth stocks over defensive ones. Data from NSDL shows a decline in FMCG and IT sector weightage in FPIs' equity folio.
10 Jun, 2024, 07.38 AM ISTReality behind the 8.2% FY24 GDP growth is not as robust The 8.2% FY24 GDP growth reflects a modest deceleration from 3QFY24 at 8.6%. Real gross value added growth slowed considerably in 4QFY24 to 6.3% from 8.3% in 1QFY24.
03 Jun, 2024, 02.31 PM ISTMarkets optimistic but 'mistakenly euphoric', says Kotak Institutional Equities Kotak Institutional Equities analyzes the Indian market's optimism and sector valuations, predicting market reactions to BJP and NDA outcomes with a focus on corrections in specific sectors and the stability of major indices.
01 Jun, 2024, 09.25 AM ISTSaudi Arabia may announce landmark Aramco share sale today: Report Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending final approval from Crown Prince Mohammed bin Salman, people with knowledge of the matter said.
30 May, 2024, 07.53 PM ISTEQT raises $1.6 bn mid-market growth fund; India to be one of the focus markets Swedish investment group EQT has raised $1.6 billion for its latest fund - BPEA EQT Mid-Market Growth Partnership (MMG Fund), focusing on high-growth mid-market companies across Asia, led by Jean Salata, Chairman of EQT Asia.
27 May, 2024, 12.37 PM ISTIndia hits $5 trillion market: 4 reasons why foreign investors are now eyeing India, Arun Chulani decodes India's $5 trillion market attracts global investors. Arun Chulani of First Water Capital discusses the country's economic growth, market performance, and potential for foreign investment, positioning India as a key player in global portfolios.
24 May, 2024, 12.33 PM IST