The Edinburgh Worldwide Investment Trust (EWIT) has launched a strong campaign to rally its investors against the aggressive moves of Saba Capital, a US-based hedge fund known for targeting investment trusts across global markets. The confrontation has become one of the most closely watched battles in the UK investment sector, highlighting the growing tension between…
German industrial giant Thyssenkrupp AG is reportedly considering a phased sale of its steel division, Thyssenkrupp Steel Europe (TKSE), to Jindal Steel International, according to sources familiar with the matter. The move, if finalized, would mark one of the most significant cross-border transactions in the global steel industry, reshaping the competitive landscape and strengthening India’s…
India’s real estate sector witnessed a landmark achievement in 2025 as institutional investments surged to an all-time high of $8.47 billion, according to a recent industry report. This record-breaking figure underscores the growing confidence of global and domestic investors in India’s property market, driven by strong demand, regulatory reforms, and the country’s robust economic outlook….
The Indian government is increasingly relying on dividends from public sector undertakings (PSUs) to bridge the gap created by a shortfall in its disinvestment targets. With ambitious plans to raise funds through stake sales in state-owned enterprises falling short, dividends have emerged as a crucial lifeline for fiscal management. Among the key expectations, IDBI Bank’s…
The debate over international education and its economic impact has taken center stage after Indian-origin journalist Fareed Zakaria issued a stark warning about the consequences of Indian students increasingly choosing destinations other than the United States for higher studies. Zakaria highlighted that the U.S. risks losing $40-50 billion annually if the trend continues, underscoring the…
Adani Enterprises, the flagship company of the Adani Group, has once again demonstrated its strong market appeal by successfully raising Rs 1,000 crore through a bond issue, which was completely subscribed within just 45 minutes of opening. The overwhelming response from investors highlights the confidence in the company’s financial strength, growth trajectory, and diversified business…
Reliance Industries Limited (RIL), India’s largest private sector company, has strongly denied reports suggesting that vessels carrying Russian crude oil were headed to its Jamnagar refinery in Gujarat. The company described the claims as “blatantly untrue,” emphasizing that its crude sourcing strategy remains transparent, compliant with international regulations, and aligned with India’s energy security requirements….
In a significant move for India’s coal sector and capital markets, Bharat Coking Coal Limited (BCCL) has announced the launch of its Offer for Sale (OFS) worth Rs 1,071 crore, setting a price band of Rs 21-23 per share. The OFS is expected to attract strong interest from institutional investors, retail participants, and long-term stakeholders,…
The Karnataka government has ordered a probe into the controversial Infosys land sale in Bengaluru, with the Revenue Minister confirming that the Bengaluru Deputy Commissioner (DC) will lead the investigation. The matter has gained significant attention after allegations of irregularities in the registration process surfaced, prompting swift administrative action including the suspension of the concerned…
The Indian rupee witnessed a decline against the US dollar, pressured by strong dollar demand at the Reserve Bank of India (RBI) reference rate and weakness across Asian currencies. The movement reflects global risk sentiment, regional currency pressures, and domestic demand for the greenback, particularly from importers and corporates. Background of the Rupee’s Movement Key…
