Markets
Gautam Adani has been making big plans in order to get up a total of Rs 10,000 crore through an eligible institutional placement (QIP) of shares of the Adani Enterprises, Adani Power and Adani Ports & Special Economic Zone. He wants to do this so that the group’s growth rate gets a boost. The money [...] Continue Reading »
SEBI chairman UK Sinha on Thursday mentioned that the market regulator Securities and Exchange Board of India (SEBI) will unveil the detailed guidelines on Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) next month. SEBI has also taken steps to safeguard the interests of the shareholders. Sinha also stated that SEBI would also [...] Continue Reading »
According to Toonz Retail India’s Managing Director and CEO Sharad Venkta, the company – which is a one-stop shop for children aged up to 12 years – has efforts underway to set up 200 stores in the country over the next five-year period. At least 10 of the 200 stores which Toonz retail plans to [...] Continue Reading »
Indian companies, especially those engaged in infrastructure development of the country, have been busy reducing their debt burden. Many companies have sold off their assets to clear off debts as this has helped them in cleaning up their balance sheets. This has resulted in the improvement of the debt-equity ratios of the companies. The banks have [...] Continue Reading »
Property consultant, CBRE stated that the leasing activity for official purposes is being expected to see any rise until next year however the sentiments of people involved in the real estate sector is seeing improvement. However the market representatives hope that by the start of next year the prospect in this market will improve in [...] Continue Reading »
During the course of their meeting in Brazil on Tuesday, the leaders of the BRICS countries – Brazil, Russia, India, China, and South Africa – gave their approval to the formation of the BRICS Bank. It was back in 2011-12 that India – during its chairmanship of the BRICS grouping – had floated the idea of [...] Continue Reading »
Due to the advent of the Narendra Modi government, there has been a heightened activity and business optimism in the market. This has put the Indian law firms in a growth trajectory and they are benefiting strongly from the surge in mergers and acquisitions (M & A) in the last few months. India’s biggest law firm [...] Continue Reading »
$ 80 million (about Rs 468 crore) was invested by a private equity (PE) fund owned by Tata Capital, in South India-focussed realty firm, Shriram Properties. Tata Opportunities Fund Managing Partner Padmanabh Sinha stated that the company believes that the residential real estate market, particularly mid-market housing, should see high growth. Due to increasing urbanisation, changing demographics [...] Continue Reading »
As venture capitalists have hurried to get the best in India’s fast growing starting market, we can find a sudden rush of money coming into selected set of many emerging business companies. In the coming year more than half a dozen of sectors like e-commerce, mobile internet, big data, technology services and makers of software [...] Continue Reading »
The recent union budget had completely missed on addressing the issues of Special Economic Zones. This had been a matter of concern in this sector. A section of special economic zone promoters in Kerala were highly disappointed because the demand they had put forward of scrapping the minimum alternative tax or MAT had completely been [...] Continue Reading »
