Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure…
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Institutional investors are now allocating more funds to private credit, significantly from insurance companies and pension funds. Neo Alternative Asset Managers has seen its second fund receive 22-25% contributions from these investors. Ascertis Credit’s fourth fund also attracted commitments exceeding…
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A reassessment of long-term capital gains tax is underway as foreign investors continue their significant selloff from Indian equities. Analysts at JM Financial project that tax relief may yield only $3–5 billion in fresh inflows. This minimal increase may not…
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During the early trading hours, the Indian rupee saw an increase of 12 paise to reach 94.72 against the US dollar, driven by lower crude oil prices at $104.76 per barrel. Continuous investments from Foreign Institutional Investors provided additional backing…
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Indian equity markets experienced a significant surge, primarily driven by Reliance Industries which saw an 11.6% increase. Easing crude oil prices and renewed diplomatic talks regarding Iran contributed positively to investor sentiment. The BSE Sensex rose by more than 1,200…
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Cementmakers in India are experiencing a weak first half of the fiscal year due to rising costs. They expect price increases and seasonal construction activity to improve profitability. Price stability is noted after recent increases, which may help offset costs.…
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