Hazoor Multi Projects Ltd, a prominent infrastructure development company, has secured two major contracts worth Rs 277 crore from the National Highways Authority of India (NHAI). These projects, located in Tamil Nadu and Maharashtra, mark a significant milestone in the company’s expansion strategy and reinforce its reputation as a trusted player in India’s road construction…
In a significant development for India’s agricultural and industrial sectors, Indian fertiliser units are set to form a joint venture (JV) with Russian chemical giant UralChem to establish a large-scale urea plant in Russia. This collaboration marks a strategic step toward securing long-term fertiliser supplies for India, reducing dependence on volatile global markets, and strengthening…
Dalal Street has witnessed a remarkable transformation in recent months, with retail investors emerging as the backbone of the Indian equity markets. Systematic Investment Plans (SIPs) have surged to record highs, providing consistent liquidity and stability even as Foreign Institutional Investors (FIIs) continue to pull out funds amid global uncertainties. Market expert Sanjay Shah has…
In a landmark move aimed at strengthening India’s capital markets and attracting more global participation, the Securities and Exchange Board of India (SEBI) has introduced a single window gateway for low-risk foreign investors. This initiative is designed to simplify regulatory processes, reduce compliance burdens, and encourage smoother capital inflows into the Indian economy. The gateway…
The Indian rupee has been under pressure in recent months, sparking concerns among investors, businesses, and policy watchers. However, Governor Malhotra has reassured markets that the currency’s decline is not a cause for panic. According to him, the rupee is likely to stabilize and trade around the 90 mark against the U.S. dollar in the…
In a groundbreaking move for India’s private equity (PE) industry, Gaja Capital has officially filed for an initial public offering (IPO) worth ₹656 crore. This marks the first time a homegrown private equity firm is heading to the public markets, setting a precedent for the sector and signaling a new era of capital raising strategies…
India’s largest institutional investor, the Life Insurance Corporation of India (LIC), has come under the spotlight for its significant exposure to the Adani Group. The scrutiny follows heightened debates around corporate governance, risk management, and the role of public financial institutions in safeguarding policyholders’ money. LIC’s investments in Adani companies, which span across multiple sectors…
In a surprising strategic reversal, Intel Corporation has announced that it will not proceed with its previously planned sale of its networking division. The chipmaker, which had been exploring divestment options as part of its broader restructuring strategy, issued a statement confirming that the division will remain under Intel’s umbrella. The decision underscores Intel’s renewed…
In a landmark move in India’s startup ecosystem, InMobi co-founder and CEO Naveen Tewari, along with other founding members, is set to increase their collective stake in the company to over 50%. This comes as Japanese investment giant SoftBank has decided to offload shares worth $250 million, marking a significant reshaping of InMobi’s ownership structure….
The Indian stock market witnessed one of its most significant block deals of the year as ITC Hotels saw nearly 9% of its equity change hands, amounting to a staggering Rs 3,856 crore. Despite the massive transaction, ITC Hotels shares traded flat, reflecting investor caution and the market’s ability to absorb large trades without immediate…
