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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Institutional investments in the Indian real estate market reached $3,068 million ($3.1 billion) across 30 deals in the first half of 2025, according to a report on Monday.
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Reliance Infrastructure announced its subsidiary, JR Toll Road Pvt Ltd, has fully settled a ₹273 crore loan, including interest, with Yes Bank. Reliance Infrastructure acted as the corporate guarantor for the loan. This repayment marks a significant step in Reliance…
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Union Commerce and Industry Minister Piyush Goyal on Monday said that with record export figures and multiple free trade agreements (FTAs), India is charting a new road to economic prosperity.
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India’s private sector experienced a significant surge in activity during June, reaching a 14-month high driven by robust domestic and international demand. Manufacturing and services both saw accelerated growth, fueled by record export orders and increased hiring, particularly in the…
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