ACME Solar Holdings has secured ₹2,300 crore via a 15-year term loan from NaBFID to refinance dollar bonds maturing this year. The loan, priced between 8% and 8.50%, is backed by revenues from 12 operational solar SPVs, ensuring repayment comfort for the lender.Read More
Amidst rising market volatility and geopolitical tensions, low beta stocks are gaining prominence. Over one in four BSE 500 stocks have shown positive returns in the past month, with many exhibiting lower volatility than the broader market. Several companies with India-centric operations and strong financial growth have achieved double-digit returns across multiple periods.Read More
India’s top investors experienced mixed results in the December quarter. While some portfolios saw gains between 2% and 11%, others faced declines of 3% to 19% amidst volatile market movements. Benchmark indices showed varied performance, with Nifty and Nifty Midcap 150 rising, while Nifty Smallcap 250 slightly dipped.Read More
Indian state-run banks are planning new green bond issuances following Bank of Baroda’s successful ₹10,000-crore seven-year bond at a 7.10% coupon. Union Bank of India and State Bank of India are expected to raise significant amounts, with other public sector lenders also considering the market.Read More
Saudi Aramco shares saw a significant jump as the Iran conflict intensified. This ongoing situation is causing oil supply disruptions. Global oil prices are expected to rise further. United Arab Emirates and Kuwait are reducing production. Vital shipping routes are facing near closure. Aramco is rerouting shipments to the Red Sea.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
