scorecardresearch
Wednesday, June 26, 2024
TopicEquity market

Topic: Equity market

KKR to invest $250 million more in India’s Serentica Renewables

KKR, which jointly holds Serentica with billionaire Anil Agarwal’s Twinstar Overseas Ltd, had committed to invest $400 million in the company in November.

India equity mutual funds jump over 25% in February, highest in 9 months, industry data shows

By Bharath Rajeswaran BENGALURU (Reuters) - Inflows into Indian equity mutual funds jumped over 25% sequentially to 156.86 billion rupees ($1.91 billion) in February, the highest in nine months, data

HDFC Bank plans to ride on India’s sizzling market rally and do more equity deals

Despite being India’s most valuable lender, HDFC Bank so far hasn’t been able to exploit its strong balance sheet to make inroads into this competitive market.

India is the next target for global acquisition companies, Nomura says

In India, Nomura expects equal revenue contributions from equity capital markets, mergers, acquisitions & financing. More initial public offerings are also expected this year.

Private equity funds are hoping to profit from India’s distressed debt

S&P BSE IPO Index has risen more than three times the amount of the S&P BSE Sensex Index this year.

Nigeria delays its elections citing ‘logistical’ reasons, Chinese markets on bull run

Nigerian election commission announces delay hours before polling, Chinese markets recover from last year's slump.

Top global investors unfazed by cloud over Indian non-banking finance sector

Investors say India’s fundamentals are strong and very strong growth is expected in the coming years.

On Camera

China activates ‘freedom in Tibet’ propaganda triggered by US-Dalai Lama meet in Dharamshala

India has avoided using the so-called Tibet card in the past but even this issue isn't off the table now as New Delhi works with the US to address the China factor.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

India’s 15-yr quest for anti-tank missile: Israeli Spike, DRDO option, back to US for Javelin talks

Recent high-profile visit was of US National Security Adviser this month during which a number of key issues, including military cooperation, was discussed by both sides.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.