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…
India Fast-Tracks Hydro Projects Amid Indus Waters Treaty Suspension: Report
Reservoir Flushing Operations Begin at Salal and Baglihar Hydroelectric Projects In a significant development amidst rising tensions with Pakistan, India has reportedly initiated reservoir flushing operations at two key hydroelectric…
State-Owned Insurer Merger Plans Denied by DFS Secretary
No Official Decision on Merger of Public Sector Insurance Companies On May 5, M. Nagaraju, Secretary of the Department of Financial Services (DFS), officially denied reports suggesting that the Indian…
Utpal Sheth Highlights Winners and Losers in Manufacturing Amid Global Supply Chain Shifts
The Reordering of Global Supply Chains: A Once-in-a-Lifetime Event According to Utpal Sheth, Founder of Trust Group, the reordering of the global supply chain due to US President Donald Trump’s…
TIAA, Accion, Motilal Boost Stakes in IKF Finance as Funding Round Expands to ₹800 Crore
Existing Backers Reinforce Commitment; Norwest Joins as New Investor Hyderabad-based NBFC IKF Finance has upsized its latest funding round to ₹800 crore ($96 million), attracting both fresh capital from new…
Apple’s US Shift Unlocks $14 Billion iPhone Boost for Indian Plants in Q1
Indian iPhone Factories to Supply Bulk of US Market in June Quarter Apple’s strategic realignment of its supply chain is unlocking a massive opportunity for Indian manufacturers, with analysts estimating…
Sensex Rises 300 Pts, Nifty Near 24,450; Adani, Trent Lead Gains
Benchmarks Trade Firm Amid Broad-Based Buying, Global Trade Optimism Indian equity markets extended their winning streak on Monday, supported by easing global trade tensions and sustained foreign portfolio investor (FPI)…
