CATEGORIES
Shriram Fin raises $1.28 bn in record offshore loan
The loan adds to this year's rush of offshore debt sales by Indian shadow lenders after RBI tightened rules
Dalmia Bharat on tough terrain as sectoral woes hurt
As the cement sector struggles with muted prices, some firms may feel more heat than others. A case in point is Dalmia Bharat Ltd. Its two core markets—east and south—are poised to see increased pricing pressure.
Thursday set for big move as option traders pile up huge bets
Market sentiment turned extremely bearish, coinciding with US Fed policy and ahead of the weekly Nifty expiry on Thursday, as traders sold a record value of market-wide calls relative to put options.
IDFC needs many stars to align
Cost pinch IDFC First Bank's elevated cost-to-income ratio and credit costs put pressure on its profit
One Mobikwik up 90% on debut
The stock began the trade at ₹442.25, reflecting a jump of 58.51% from the issue price on the BSE
RBI dials down on NDFs to fight dollar
The central bank has started to rein in its ballooning non-deliverable forwards (NDFs) book, according to people familiar with the matter, shifting away from one of its key tools to push back against the strong dollar.
Rupee hits new low of 84.96 on merchant dollar bids
The Indian rupee hit its all-time low on Wednesday, pressured by strong dollar demand from importers and likely outflows from local equities, while intervention by the Reserve Bank of India curbed losses, traders said.
Sorenson, others put in $30 mn into Bureau
Bureau, a business-to-business (B2B) focused identity verification and fraud protection platform, has raised $30 million in Series B funding led by American venture capital firm Sorenson Capital, a top executive told VCCircle on Tuesday.
Welspun One plans to raise ₹4,000 cr
Logistics and industrial real estate manager and developer Welspun One on Wednesday said it plans to raise ₹4,000 crore to double its portfolio size to 32 million sq. ft by 2028 from the current 16 million sq. ft.
GSV Ventures looks to invest in Indian edtech firms in 2025
The company had invested about $90 million in over 10 Indian startups till February 2023
GIC picks majority stake in Asia Healthcare
Singapore sovereign fund GIC will invest an additional $150 million in Asia Healthcare Holdings (AHH) ahead of a potential initial public offering (IPO).
GDP growth to accelerate to 6.6% in FY26: India Ratings
India Ratings and Research on Wednesday said that the country's economic growth is likely to accelerate to 6.6% in the financial year starting 1 April, from 6.4% it has projected for FY25.
Bomb threats: Govt amends aircraft security rules
Against the backdrop of the recent spate of hoax bomb calls targeting airlines, the government has amended the aircraft security rules whereby perpetrators can face penalties and could even be barred from flying.
Tax relief for cos: SC says small coconut oil packs are edible oil
The Supreme Court (SC) on Wednesday ruled that coconut oil in small bottles of up to 200ml should be classified as edible oil for taxation purposes, resolving a 15-year-long legal dispute between the excise department and manufacturers.
Karnataka's planned mineral tax stumps iron ore miners
NMDC, Vedanta, Sandur—largest operators of pre-auction-era mines in state—to face brunt
Agri loan limit hike may ease bank stress
The Reserve Bank of India's (RBI) recent decision to raise the limit on collateral-free agriculture loans was likely taken to ease the stress being faced by banks in their farm loan portfolios over the past two quarters, and to nudge them to get their books in order.