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Aditya Birla Renewables Limited (ABREN) secured up to 3,000 crore from Global Infrastructure Partners (GIP), now part of BlackRock. This significant investment values ABREN at approximately 14,600 crore and will fuel its expansion to over 10 GW of renewable energy capacity across India.
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News and Media
Gold prices edged higher as traders anticipated the U.S. Federal Reserve's interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per ounce, driven by strong industrial demand expectations and persistent supply constraints. Analysts predict continued upward momentum for both precious metals.
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News and Media
GQG Partners sold 1.52 crore JSW Energy shares worth Rs 677 crore at a slight discount, amid the stocks sharp one-year underperformance. JSW Energy trades far below key averages, with oversold indicators and declining FII holdings following weak quarterly earnings.
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News and Media
Initial public offerings worth USD 20 billion per annum are the "new normal" for India and will become an annualised run rate over the next few years, one of the biggest investment bankers said on Tuesday.
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News and Media
Indias mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore over the same period, signalling a major shift in the countrys investment landscape, according to a report How India Invests 2025 released by Bain & Company in partnership with Groww.
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News and Media
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