Saatvik Green Energy, a solar module manufacturer, is planning an IPO. The company aims to raise ₹700 crore through fresh equity. It will use the funds to expand capacity and repay debt. An additional ₹200 crore will be raised through an offer for sale. The IPO will reduce promoter stake to 76.02%. Saatvik’s financials show...Read More
Nifty gained for the third consecutive session following the US Fed rate cut and indications of further reductions. Analysts anticipate a continued upward trend, influenced by tariff-related developments. The India VIX fell, while the rupee depreciated against the US dollar amid global trade uncertainties. FIIs and DIIs were net buyers.Read More
SEBI is looking to attract a wider range of investors, including mutual funds, pension funds, and retail participants, to the infrastructure sector to boost liquidity in infrastructure securities. Chairman Tuhin Kanta Pandey highlighted the need for expedited asset monetisation by state governments and cautioned against over-reliance on banks and government funding, advocating for market-based instruments...Read More
Markets showed volatility but maintained a positive trend. Adani Group stocks are in focus as Sebi dismissed allegations in the Hindenburg case. Indian Hotels clarified its leasehold rights for The Pierre hotel. Bombay Dyeing appointed Rohit Santhosh as CEO of Bombay Realty, while Oil India anticipates the restart of a Mozambique LNG project by year-end.Read More
NaBFID, having sanctioned ₹2 lakh crore in projects, is urged to enhance expertise and systems for long-term infrastructure viability, according to M Nagaraju. He suggested NaBFID act as a transaction advisor, mitigating early-stage risks to attract commercial investment. Focus should be on urban infrastructure and water, developing standards and engaging with states to improve project...Read More
Sebi has settled proceedings with Motilal Oswal Financial Services regarding a case of suspected front-running by the Chaturvedi Group, linked to a large client’s trades. The brokerage paid ₹34.85 lakh as settlement charges. The regulator alleged the firm failed to maintain proper order records and attempted to create supporting documents post-execution, leading to a show-cause...Read More
Reserve Bank of India Governor Sanjay Malhotra addressed state finance secretaries. He highlighted the importance of sticking to the borrowing calendar for state bonds. Malhotra emphasized fiscal discipline to boost economic growth. States need to improve spending quality. He also urged prudence in off-budget borrowings. These measures are crucial for sustainable financial health.Read More
Following the US Federal Reserve’s rate cut, anticipation surrounds the potential return of foreign capital to Indian equities. However, high valuations in India and attractive opportunities in markets like China may temper inflows. While foreign selling has slowed, a significant turnaround hinges on domestic institutional investor activity and improved earnings momentum to shift FPI sentiment.Read More
Indian stock indices climbed for the third consecutive session on Thursday, buoyed by the US Federal Reserve’s expected interest rate cut. The NSE Nifty and BSE Sensex both closed 0.4% higher, while the India Volatility Index hit a record low. Foreign and domestic portfolio investors were net buyers, contributing to the positive market sentiment.Read More
The Indian rupee weakened, reversing gains due to Asian currency weakness and uncertainty surrounding US interest rate policy after the Federal Reserve’s rate cut. Despite the cut, cautious forward guidance from the Fed and concerns over US tariffs and weak equity inflows weighed on the rupee. Optimism arose from potential resolution of the India-US tariff...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.