HyperVault a 51:49 JV, will raise $4-4.5 b debt as well. Company plans to offer services to hyperscalers, Indian enterprises and government entities, along with Tata companies. 1st time Tata Group flagship is tying up with a PE fund as…
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The transaction strengthens Godrej Properties’ presence in one of Maharashtra’s fastest-growing urban markets, where infrastructure expansion and industrial development have accelerated over the past decade. The site is located near the Samruddhi Mahamarg and MIHAN SEZ, with connectivity to the…
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Indian stock markets surged on Thursday, approaching record highs. Investor confidence grew as the government signaled progress on a trade pact with the US. The Nifty index briefly surpassed its all-time closing high. Key companies like Eicher Motors and Reliance…
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Electronics exports surged 19% in Oct, becoming the sole growing category among India’s top 10 merchandise exports amidst global trade disruptions. This growth was largely driven by a significant increase in smartphone exports, including substantial contributions from Apple’s iPhones. Experts…
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IndusInd Bank has begun early talks to gauge investor interest for a potential qualified institutional placement, according to people aware of the matter. Senior management has been meeting investors after recent discrepancies in forex derivatives triggered senior-level exits.
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In a suo motu ruling, the Central Electricity Regulatory Commission (CERC) said monthly tariffs must be revised-or refunds issued-to reflect the GST rate cut to 5% from 12%. The directive, industry executives said, raises the bar on internal systems, audit…
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