Moneycontrol PRO
HomeAuthor

Swaraj Singh Dhanjal

Assistant Editor

Moneycontrol

Adani Enterprises' Rs 25,000 crore rights issue to fund airports, roads, new energy ventures

BUSINESS

Adani Enterprises' Rs 25,000 crore rights issue to fund airports, roads, new energy ventures

Adani Enterprises' rights issue will open for existing shareholders on November 17. The company has lined up a sizeable capital-expenditure pipeline which is expected to reach Rs 36,000 crore for the full year.

WeWork India to launch GCC-focused workspace solution as demand surges

BUSINESS

WeWork India to launch GCC-focused workspace solution as demand surges

The move comes even as the global tech slowdown shows little sign of dampening demand from multinational corporations or Indian enterprises

Edelweiss Alternatives planning to file for Rs 2,500-crore IPO of roads InvIT next month

BUSINESS

Edelweiss Alternatives planning to file for Rs 2,500-crore IPO of roads InvIT next month

With its InvIT IPO plans, EAAA joins others like KKR and I Squared Capital, which are planning to take their InvITs public, as well as the National Highways Authority of India.

Tech IPO boom to unleash a wave of luxury real estate buying

BUSINESS

Tech IPO boom to unleash a wave of luxury real estate buying

As stock market euphoria turns many first-generation entrepreneurs and startup employees into crorepatis, wealth managers say this liquidity surge could reshape demand in India’s premium housing segment, particularly in tech-heavy hubs such as Bengaluru, Gurugram, Pune, and Hyderabad.

We’re a pension plan, not a wealth-maximising vehicle, says CPP Investments CEO amid AI frenzy

BUSINESS

We’re a pension plan, not a wealth-maximising vehicle, says CPP Investments CEO amid AI frenzy

While the fund has invested in leading AI companies such as OpenAI, xAI and Anthropic as well as the 'Magnificent Seven', its exposure remains lower than market weights as part of long-term, diversified investing approach, John Graham says

Sebi puts Sterlite Electric IPO on hold over US short seller’s allegations against parent Vedanta

BUSINESS

Sebi puts Sterlite Electric IPO on hold over US short seller’s allegations against parent Vedanta

The regulator is currently examining the allegations by Viceroy and has also sought relevant details from the company. The regulator’s website on October 27 showed that Sterlite’s public issuance has been kept in abeyance.

Rising domestic investor demand spurs record secondary trades in InvITs

BUSINESS

Rising domestic investor demand spurs record secondary trades in InvITs

In the last two months, seven InvITs have seen secondary transactions worth almost Rs 6,000 crore, data from stock exchanges shows

The rise of pre-IPO advisors: India’s listing boom is creating a new breed of IPO specialists

BUSINESS

The rise of pre-IPO advisors: India’s listing boom is creating a new breed of IPO specialists

As India’s record IPO pipeline expands, a new category of consultants has emerged to help unlisted firms get their systems, reporting, and governance in shape, long before investment bankers and lawyers step in.

Tata International bondholders seek clarity on redemption of Rs 800-cr bonds

BUSINESS

Tata International bondholders seek clarity on redemption of Rs 800-cr bonds

The question of redemption of these bonds is crucial for TIL, because if the company fails to redeem, it could see interest rate on the instruments rise from 9.1 percent to 12.1 percent - a steep three-percentage-point markup - significantly raising its financing costs and straining cash flows.

Vedanta taps lenders to back Rs 17,000-crore bid for Jaiprakash Associates

BUSINESS

Vedanta taps lenders to back Rs 17,000-crore bid for Jaiprakash Associates

The Anil Agarwal-led group is tapping foreign hedge funds and global investors as it readies funding for the acquisition, which will mark its foray into real estate and cement and strengthen its power generation capacity

Hyundai wants India to be its No.2 market by 2030; not worried if Chinese carmakers return, says CEO

BUSINESS

Hyundai wants India to be its No.2 market by 2030; not worried if Chinese carmakers return, says CEO

The company’s fresh India commitment, part of a broader global capacity and technology build-out, includes a ₹45,000-crore programme focused largely on localisation of product development and engineering, along with the Pune plant ramp-up.

Wealth advisory Equirus targetting sustainable growth and not aggressive expansion, says MD Ajay Garg

BUSINESS

Wealth advisory Equirus targetting sustainable growth and not aggressive expansion, says MD Ajay Garg

“The temptation in a fast-growing market is to chase AUM at any cost. We’re consciously avoiding that trap," said Equirus' Ajay Garg.

Tata International faces a Rs 800 crore bond redemption that risks raising financing cost and strain cash flow

BUSINESS

Tata International faces a Rs 800 crore bond redemption that risks raising financing cost and strain cash flow

With total debt - including perpetual instruments - estimated at over Rs 5,000 crore, any delay or rollover of these bonds could increase TIL’s interest outgo by nearly Rs 24 crore annually, further squeezing liquidity.

Macquarie’s $1.3-billion TOT roads sale draws interest from KKR, Cube, CDPQ, IRB and EAAA

BUSINESS

Macquarie’s $1.3-billion TOT roads sale draws interest from KKR, Cube, CDPQ, IRB and EAAA

The portfolio consists of road projects spanning 648 km across Andhra Pradesh and Gujarat. Macquarie is open to selling the portfolio as a whole or in three smaller packages, depending on buyer appetite

Investcorp's new Rs 5,000 crore PE fund to target mid-market buyouts, says India head Gaurav Sharma

BUSINESS

Investcorp's new Rs 5,000 crore PE fund to target mid-market buyouts, says India head Gaurav Sharma

The fund, backed by both domestic and global investors, will target building a portfolio of 10–11 companies across healthcare, business services, consumer, and financial sectors, Investcorp India investment business head Gaurav Sharma tells Moneycontrol

We’re building a long-term InvIT platform, not chasing AUM: Alpha Alternatives’ Naresh Kothari

BUSINESS

We’re building a long-term InvIT platform, not chasing AUM: Alpha Alternatives’ Naresh Kothari

Alpha Alternatives, which has built a name in private credit and alternative investment strategies, is now pitching itself to public investors. The challenge will be to convince them of long-term commitment in an asset class with 13–20 year life cycle

Will continue at the helm, says Sammaan Capital CEO Gagan Banga post-IHC deal

BUSINESS

Will continue at the helm, says Sammaan Capital CEO Gagan Banga post-IHC deal

'The clear mandate to me is to continue to run the company as you are. They are a shareholder backing us with capital, knowledge, and experience but they will operate at the board level,' Banga tells Moneycontrol

Tata Capital IPO anchor book likely to see strong demand; LIC, large MFs show interest

BUSINESS

Tata Capital IPO anchor book likely to see strong demand; LIC, large MFs show interest

Based on early indications, the anchor portion is likely to see interest of over Rs 21,000 crore at the upper end of the price band. The anchor book opens October 3 and IPO from October 6

Big-ticket tech IPOs worth $4.5 billion to light up Dalal Street soon after Diwali

BUSINESS

Big-ticket tech IPOs worth $4.5 billion to light up Dalal Street soon after Diwali

The list of technology companies planning to tap the IPO markets includes companies such as Groww, Lenskart, Meesho, Pine Labs, Fractal Analytics and PhysicsWallah.

This year, priority is smooth merger integration, before we accelerate loan growth again: Tata Capital's Rajiv Sabharwal

BUSINESS

This year, priority is smooth merger integration, before we accelerate loan growth again: Tata Capital's Rajiv Sabharwal

Going forward, the board will decide the best way to raise money, be it through rights issues or other routes, Sabharwal said.

Non-lending businesses like private equity and wealth are accretive to Tata Capital: Rajiv Sabharwal

BUSINESS

Non-lending businesses like private equity and wealth are accretive to Tata Capital: Rajiv Sabharwal

As at June 30, 2025, Tata Capital has raised around Rs 7,000 crore across its domestic funds and offshore funds, with 53 deals in over 15 years, as per the NBFCs IPO documents.

Embassy-backed WeWork India's IPO a journey from apathy to investor frenzy: MD and CEO Karan Virwani

BUSINESS

Embassy-backed WeWork India's IPO a journey from apathy to investor frenzy: MD and CEO Karan Virwani

The first global franchise of WeWork Inc, once a global poster child of the startup world, has faced many headwinds due to WeWork’s internal problems that eventually led the parent company to bankruptcy in 2023.

FY26 IPO fundraising can exceed Rs 1.5 trillion, says JM Financial's ECM head Neha Agarwal

BUSINESS

FY26 IPO fundraising can exceed Rs 1.5 trillion, says JM Financial's ECM head Neha Agarwal

Agarwal tells Moneycontrol there is a 'healthy reality check' on valuations. Issuers are trimming sizes, balancing primary versus secondary shares and pricing more accommodatively

With KKR on board, Kerala’s Meitra Hospital to expand to other southern states, says founder Kottikollon

BUSINESS

With KKR on board, Kerala’s Meitra Hospital to expand to other southern states, says founder Kottikollon

About 5% of Meitra’s revenue comes from overseas patients, largely from Oman. The share is expected to triple once additional capacity comes onstream, Faizal Kottikollon tells Moneycontrol

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347