Brookfield-Backed Avaada Plans ₹4,000-Crore IPO for Solar Module Manufacturing Arm
In a significant move for India’s renewable energy sector, Brookfield-backed Avaada Group is gearing up for a massive ₹4,000 crore initial public offering (IPO) to fund its solar module manufacturing…
Swiggy Shares Surge 12% as Company Bets on Bolt, Zomato Exits 10-Minute Delivery
Swiggy’s Bolt Service Expands to 500 Cities, Fueling Surge in Stock Price Shares of Swiggy saw a sharp increase of 12 percent on May 5 after the company announced a…
Coal India Q4 Earnings Likely to Decline on Lower Volumes, Weaker Realization
Coal India's Net Profit Projected to Decline Despite Higher Volumes Coal India, the world’s largest coal-producing company, is set to announce its Q4FY25 earnings on May 7, with analysts projecting…
Defence Stocks Surge Up to 5% Amid India-Pakistan Tensions
Defence Sector Experiences Surge in Share Prices Amid Heightened India-Pakistan Hostilities In Monday’s trading session, defence stocks experienced a significant rebound as tensions between India and Pakistan escalated. The fresh…
Moody’s: India’s Macro Stability Unaffected by Pakistan Tensions
Moody’s Provides Outlook on India’s Economic Resilience Despite Regional Instability Global ratings agency Moody’s has assessed that India’s macroeconomic conditions remain stable even in the face of rising tensions with…
Putin Accepts Modi’s Invite, Backs Strong Anti-Terror Stance
Kremlin Confirms Putin’s Participation in Upcoming India-Russia Annual Summit in New Delhi In a key reaffirmation of bilateral strategic ties, the Kremlin announced on Monday that Russian President Vladimir Putin…
Avaada Plans ₹4,000 Cr IPO for Solar Arm Backed by Brookfield
Strategic IPO Push to Fund Expansion of Integrated Solar Manufacturing in Uttar Pradesh Avaada Group, a renewable energy-focused conglomerate led by Vineet Mittal—former co-founder of Welspun Energy—is preparing for a…
Insolvency Proceedings: A Shield for Firms and Directors Against SEBI Scrutiny?
SEBI Imposes Rs 56 Crore Penalty on Seya Industries Promoters In a recent order, the Securities and Exchange Board of India (SEBI) has levied one of the heaviest penalties in…
Adani, Prestige Gain Ground in Mumbai Realty Market via Distressed Asset Buys
Non-Native Developers Tap into Stalled Projects to Gain Market Share Mumbai’s real estate sector is witnessing a significant reshaping as non-native developers like Prestige Estates and Adani Realty strategically capitalize…
Parameswaran Iyer to Represent India at IMF Board on Pakistan Issues
India Names Parameswaran Iyer as Interim IMF Executive Director Parameswaran Iyer, the current Executive Director at the World Bank, has been nominated to temporarily represent India at the International Monetary…