PhonePe, India’s largest digital payments provider, is gearing up for an initial public offering. The IPO could potentially raise $1.5 billion. The fintech company may file preliminary documents as early as August. The deal could value PhonePe at around $15…
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An off-grid green hydrogen plant is a facility that produces hydrogen using electrolysis powered by renewable energy sources, such as solar or wind, and is not connected to the main electrical grid.
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Over five states in the country are expected to contribute nearly half of the total capital outlay (capex) in the financial year 2025-26 (FY26), according to a report by Bank of Baroda.
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Despite high prices and subdued jewellery demand, a gold demand recovery is expected with the upcoming festive season. Investment demand remains strong, supported by sustained investor interest in physical gold and gold-linked products. India’s gold reserves have reached a record…
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Mark Mobius remains optimistic about India, planning a new fund with significant Indian allocation, citing undervalued companies. He anticipates a shift towards private enterprise in China, boosting its market. Mobius believes inflation is persistent, advocating equity investments in companies that…
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Nirma Group’s Nuvoco Vistas Corp has completed its acquisition of debt-ridden Vadraj Cement by making a payment of Rs 1800 crore to lenders, led by Punjab National Bank and Union Bank of India. This acquisition will boost Nuvoco Vistas’ installed…
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