Adar Poonawalla’s Rising Sun Holdings infused ₹1,500 crore into Poonawalla Fincorp, boosting its net worth to ₹9,700 crore. Under Arvind Kapil’s leadership, the NBFC is aggressively expanding its retail presence, launching new businesses and aiming for significant AUM growth. The…
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Knowledge Realty Trust, backed by Sattva Group and Blackstone, has secured SEBI approval for its Rs 4,800 crore REIT public offering, aiming to monetize 30 prime office assets. Scheduled to hit capital markets in early August, KRT is poised to…
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India’s corporate bond market is attracting retail investors due to SEBI’s reforms like reduced ticket sizes and enhanced transparency. As traditional instruments become less appealing, investors are exploring corporate bonds for better yields and diversification. Anticipated rate cuts are expected…
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Lenskart’s shareholders have given the green light for an IPO, aiming to raise ₹2,150 crore ($250 million) as part of a larger $1 billion issue. The company is expected to file its DRHP with Sebi soon, joining a wave of…
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Analysts point to a mix of strategic reserve rebuilding, liquidity absorption, and subdued capital flows as key reasons why the rupee may not benefit from the global dollar slide.
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Nestle India’s outgoing MD, Suresh Narayanan, highlights the rising competition from nimble, local brands and the need for legacy companies to adapt with smaller-scale operations. He notes a gradual urban demand recovery and emphasizes premiumization opportunities. Despite a profit dip…
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