Indian Market

Adani Green Secures $1.06 Billion to Refinance Renewable Project in Rajasthan

Adani Green Secures $1.06 Billion to Refinance Renewable Project in Rajasthan

/ Indian Market /

Adani Green Energy Ltd. (AGEL) has successfully raised $1.06 billion to refinance a construction facility linked to its solar-wind hybrid renewable cluster in Rajasthan, the company announced on March 3. Long-Term Financing Details According to the company’s filing, the new financing has a tenor of 19 years, with a fully amortized debt structure designed to […]

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Paytm Shares Under Spotlight After ED Issues FEMA Violation Notice

Paytm Shares Under Spotlight After ED Issues FEMA Violation Notice

/ Indian Market /

Shares of One97 Communications, the parent company of Paytm, will be in focus on March 3 after the Enforcement Directorate (ED) issued a show cause notice for alleged violations of the Foreign Exchange Management Act (FEMA). ED’s Notice on FEMA Violations On February 28, the ED served a notice to One97 Communications and its subsidiaries,

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Tuhin Kanta Pandey Appointed as New SEBI Chief for Three-Year Term

Tuhin Kanta Pandey Appointed as New SEBI Chief for Three-Year Term

/ Indian Market /

Stock market today saw a major leadership change as Tuhin Kanta Pandey, the current Finance and Revenue Secretary, was appointed as the new Chairperson of the Securities and Exchange Board of India (SEBI) for a three-year term. Pandey, a 1987-batch IAS officer from the Odisha cadre, will take over from Madhabi Puri Buch, whose tenure

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Schaeffler India Shares Rise 3% After Strong Q4 Profit Growth

Schaeffler India Shares Rise 3% After Strong Q4 Profit Growth

/ Indian Market /

Stock market today saw Schaeffler India shares climb 3% to ₹3,160 on February 28 after the company reported strong financial results for the December quarter. Despite this rise, the stock has dropped 7% in the past month, underperforming the Nifty 50, which declined 5% during the same period. Schaeffler India posted a 13.2% year-on-year (YoY)

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KEI Industries, Polycab, Havells Stocks Plunge as UltraTech Cement Enters Wires & Cables Segment

KEI Industries, Polycab, Havells Stocks Plunge as UltraTech Cement Enters Wires & Cables Segment

/ Indian Market /

Shares of UltraTech Cement fell nearly 4% on February 27 after the company announced its entry into the wires and cables (C&W) segment with an investment of ₹1,800 crore. The move triggered a sharp sell-off in existing players, with KEI Industries and Polycab India plunging 17% and 14%, respectively. Havells India dropped 5.1%, while RR

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Paytm Partners with Perplexity to Introduce AI-Powered Search on Its App

Paytm Partners with Perplexity to Introduce AI-Powered Search on Its App

/ Indian Market /

Paytm has announced a partnership with AI startup Perplexity to integrate AI-powered search into its app, enhancing user experience with AI-driven insights for financial literacy and decision-making. With this new feature, Paytm users will be able to ask questions, explore financial topics in their local language, and receive AI-powered responses, helping them make informed financial

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Bank Nifty Ends 4-Day Losing Streak as RBI Reverses NBFC Loan Risk Weight Hike

Bank Nifty Ends 4-Day Losing Streak as RBI Reverses NBFC Loan Risk Weight Hike

/ Indian Market /

Bank Nifty ended its four-day losing streak and gained on February 27, supported by a rally in heavyweight stocks like HDFC Bank, Axis Bank, IndusInd Bank, and IDFC First Bank. The positive momentum followed the Reserve Bank of India’s (RBI) decision to roll back the increased risk weight on bank loans to non-banking financial companies

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Gland Pharma Shares Jump 5% After US FDA Inspection at JNPC Facility

Gland Pharma Shares Jump 5% After US FDA Inspection at JNPC Facility

/ Indian Market /

Shares of Gland Pharma rose 5% on February 25, marking their best performance in 16 weeks. The surge came ahead of the company’s investor meet on February 27-28, which will be attended by analysts from Emkay and BoB Capital. The rise in share price follows the United States Food and Drug Administration (US FDA) pre-approval

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Tata Capital Plans IPO and ₹1,504 Crore Rights Issue

Tata Capital Plans IPO and ₹1,504 Crore Rights Issue

/ Indian Market /

Tata Capital has approved an initial public offering (IPO) that will include a fresh issue of 23 crore equity shares along with an offer-for-sale by existing shareholders. Additionally, the company plans to raise ₹1,504 crore through a rights issue for its current shareholders. This IPO will be the first by a Tata Group company after

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BathGuys Leads Toronto’s Best Bathroom Renovation Services

BathGuys Leads Toronto’s Best Bathroom Renovation Services

/ Indian Market /

Toronto homeowners looking to upgrade their bathrooms are prioritizing high-quality renovations that enhance both functionality and aesthetics. Whether it’s a modern spa-like retreat or a classic, elegant upgrade, choosing the right bathroom renovation company is key to achieving a flawless result. Among the most trusted names in the city, BathGuys has emerged as the best

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