In a significant boost to its port infrastructure portfolio, JSW Infrastructure has received a Letter of Award (LoA) from the Syama Prasad Mookerjee Port Trust (SMP Kolkata) to develop and operate two container berths at Netaji Subhas Dock in Kolkata. The project, envisaged under the public-private partnership (PPP) model, is set to involve an investment…
Mumbai, July 7, 2025:In a significant trend over the last four years, India Inc has witnessed large-scale promoter stake sales as business families diversify wealth, deleverage, or fund new ventures. Promoter stake sell-downs have not only reshaped ownership patterns but also influenced investor confidence and stock returns. Why are promoters selling stakes? The past four…
New York, July 7, 2025:Global financial markets were rattled on Monday after former US President Donald Trump announced a sweeping 25% tariff on imports from Japan and South Korea, sending major indices on Wall Street into a tailspin. The tariffs, which Trump vowed to implement if re-elected, target automobile, semiconductor, and consumer electronics imports, directly…
Mumbai, July 7, 2025: Prominent market strategist Jaiprakash Toshniwal has identified four key sectors offering attractive investment opportunities despite the looming uncertainties around global and domestic tariffs. In his recent interaction with market analysts and portfolio managers, Toshniwal underlined that specialty chemicals remain a structural growth story, while three other sectors also trade at reasonable…
New Delhi, July 7, 2025: Shakti Pumps (India) Ltd has successfully raised Rs 292 crore through a Qualified Institutional Placement (QIP), marking a significant milestone in its growth journey. The fund infusion will primarily be utilised to bolster the company’s manufacturing capacity, invest in clean energy solutions, and pare debt. Details of the QIP The…
In a strategic step aimed at enhancing its financial flexibility and operational revival, PC Jeweller Ltd (PCJ) has announced its decision to raise funds through a preferential allotment route. This move comes at a crucial time for the Delhi-based jewellery retailer, which has faced prolonged financial stress due to mounting debts, muted sales, and regulatory…
In a significant move towards strengthening its promoter holding and corporate stability, Zee Entertainment Enterprises Ltd (ZEEL) has secured the approval of its foreign shareholder for an increase in promoter stake. This approval comes at a critical juncture as Zee seeks to bolster its governance and financial structure following prolonged challenges with merger setbacks, investor…
In a landmark development for India’s mutual fund sector, Jio BlackRock Mutual Fund has raised a massive Rs 17,800 crore through its maiden New Fund Offer (NFO), making it one of the largest fund launches in Indian asset management history. This milestone underscores the immense investor trust in the strategic partnership between Reliance Industries’ Jio…
The Cryogenic OGS IPO has witnessed an overwhelming response from investors, with the issue being subscribed a massive 646.5 times on its closing day. This makes it one of the most subscribed IPOs in recent years within the SME segment, showcasing robust market confidence in India’s industrial gas, cryogenic solutions, and engineering services growth story….
The IPO market continues to remain active as Spunweb Nonwoven Limited gears up to launch its public issue next week, aiming to capitalise on its leadership position in technical textiles and hygiene-based nonwoven products. The issue is likely to attract investor attention given the company’s strong order book, export focus, and the rising use of…
