scorecardresearch
Friday, March 29, 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

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.