Reliance Power announced on Monday it will sell its entire stake in several Indonesian step-down subsidiaries to Singapore-based Biotruster Pte Ltd for approximately USD 12 million. The deal involves five coal-related entities, with the amount to be received upon closure.…
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LIC Housing Finance accepted bids for its 7.77% 2028 bond reissue. The company successfully raised 11 billion rupees, equivalent to $123.95 million. This bond will offer investors a yield of 6.90%. Bids were accepted on Monday. This financial move reflects…
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EY India has raised its FY26 real GDP forecast to 6.7% from 6.5%, arguing that expected monetary easing combined with the consumption stimulus from GST 2.0’s simplified rate structure should lift disposable incomes and bolster demand across labour-intensive and consumer…
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Indian equities lagged global markets over the past year. Weak earnings and high valuations caused this underperformance. Foreign investors also reduced holdings. Now, valuations are more reasonable. Government reforms and global shifts may attract new flows. A rebound is possible…
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BL Agro signs an agreement with the Ministry of Food Processing Industries. The company will establish an integrated agro-processing hub in Bareilly. This project involves a 1,660 crore rupee investment over five years. It will include a rice milling unit…
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Accenture CEO Julie Sweet downplayed concerns about the new $100,000 H-1B visa fee, calling it a “non-issue” due to the company’s minimal reliance on such visas. She framed the policy change as a business opportunity, anticipating increased client work. This…
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