Lohum is eyeing a $200 million fundraise and IPO by 2027 as it builds India’s first rare-earth refining hub.
Citing figures from the government’s detailed project report (DPR), Surya said the tunnel road would carry only about 1,800 vehicles per hour in one direction, while a Metro line can move up to 69,000 people at the same time.
The move comes amidst the CAG warning that Karnataka’s five poll guarantees are straining resources, widening deficits and adding to debt.
Select equity mutual funds, especially in the small-cap and thematic categories, have handsomely rewarded patient investors. Here's a look at what's worked—and why.
Credit penetration, the asset side of banking, has lagged. Despite the surge in account openings, India’s financial inclusion ranking remains below peers like Brazil, South Africa, and Russia. Non-institutional lenders continue to dominate credit access for low-income households and self-employed entrepreneurs
Growth may drag in Q1 but life insurers may report robust profitability
Remaining an NBFC has merit, but converting to a bank offers long-term funding advantages. The dilemma lies in the cost and valuations involved in the transition
The company is in talks for a $500 million-equivalent loan in Japanese Yen, expected to be finalised by September, says Sanjay Kulshestha
Nidhu Saxena also says he is confident that the company will maintain its CASA deposits, despite the falling interest rate environment
Recognising the need for capital inflows into India, this might be the ripe time for the Government to partially relax the PN3 restrictions by permitting Indian companies to undertake bonus and rights issue of shares to existing investors from land bordering countries, without requiring a prior government approval
Under ELEVATE 2024, 101 startups have been awarded and grants amounting to Rs 25 crore disbursed
In this episode of Invesco Bond, we dive into the differences between active and passive funds, two popular investment options in the financial world. With investor demand on the rise and a variety of mandates available, understanding these fund types can help you make better investment choices. Watch to discover how the landscape is shifting and what it means for you as an investor
Alternate Investment Funds were tied down by lack of clarity on tax treatment of their gains. The industry wanted regulatory clarity on their operations and parity with foreign investors. They got both.
In June, the BOD levels or pollution levels were 42 times more in Asgarpur, where Yamuna exits Delhi compared with Palla where it enters
For November 7 edition of Moneycontrol Pro Panorama: IT and pharma may gain from Trump's second term, India must capitalise on chance to deepen defence ties with US, Jindal Steel and Power record decent quarter, should investors subscribe for this insurance IPO, and more
For November 6 edition of Moneycontrol Pro Panorama: China inches to close the GDP gap with the US, commodity prices expected to fall further, an international pact may help India strengthen its solar sector, Trump's return to power and India impact, and more
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In Moneycontrol Pro Panorama November 4 edition: Trump and Harris have contrasting policy approaches to India, a history of US presidential poll impact on markets, India’s slowing economic growth is no cause for alarm, Congress's schemes wreck Karnataka’s fiscal health, and more
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In October 30 edition of Moneycontrol Pro Panorama: RBI needs to examine sharpness of its regulatory axe, resons for slowing urban demand, financing source has changed for Indian MSMEs, domestic investors continue to cushion market declines, and more
In Moneycontrol Pro Panorama October 28 edition: FMCG market shake up, BRICS a counterweight to US, Maharashtra poll results may bring out the chaotic state politics, TMC looks set for a win in the bypolls, and more
To make it similar to modern apps, people can also rate and review ongoing and completed projects on the portal to give real-time feedback
Tata Steel net debt stands at Rs 77,550 crore as of March 31, 2024.
The board approved a dividend payment of Rs 11 per share for the financial year 2024-25.
During the meeting, the company is also set to announce first Interim dividend on equity shares, if any, for the Fy 2024-25, Vedanta said.