Muthoot Microfin will raise Rs 450 crore through privately placed bonds aimed at high net worth investors over the next two months. The three tranches, offering 9.7–9.95% interest, begin December 3, ahead of the RBI policy announcement, according to the company.Muthoot Microfin will raise Rs 450 crore through privately placed bonds aimed at high net...Read More

Indian markets touched new all-time highs before profit booking trimmed gains, with optimism around upcoming rate cuts supporting sentiment. Analysts see a positive short-term trend, with Nifty holding above key averages and strong activity across major stocks despite neutral broader market breadth.Read More

Mittal said that the group does not have any challenges on the capital front to undertake the expansion activities, pointing out that it is yet to fully deploy the Rs 10,500 crore of capital committed by external investorsRead More

India’s July-September growth data is due on Friday and the economy likely grew 7.3%, according to a Reuters poll, after expanding 7.8% in April-June.Read More

Nifty finally broke its previous lifetime high after 14 months but ended flat. Analysts say the trend remains bullish with RSI supportive and key averages intact. Two stocks—Belrise Industries and Mahindra Lifespace—received buy recommendations.Read More

“Friday’s growth report is likely to print a firmer-than-consensus 7.5%, though with annual inflation below 2% and the current quarter’s to average below 1%, we maintain our view for a 25 bps cut at the December meeting,” said Radhika Rao, executive director and senior economist at DBS Bank.Read More

The initial public offering (IPO) will conclude on December 3 and the bidding for anchor investors will open for a day on November 28, Mumbai-based Invicta Diagnostic said in a statementRead More

Vanke’s plan announced late on Wednesday accelerated a selloff that had begun a day earlier when a media report sparked speculation that the state-backed developer – a bellwether for the industry – might face a debt restructuringRead More

Seven BSE midcap stocks touched new 52-week highs as the Sensex closed higher, signalling strong bullish momentum. Recent steady gains across financials, industrials and transport players suggest continued short-term upside for these outperformers.Read More

“India’s private credit market is relatively a matured asset class and growing rapidly. Mid-market corporates with strong operating track records are seeking flexible, non-dilutive growth capital suiting their financial needs,” said Rakshat Kapoor, Head Private Credit, Motilal Oswal Alternates.Read More