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ASIT C. MEHTA INVESTMENT INTERRMEDIATES
TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.- Arvind Fashions Q1 Results: Net profit rises 11% to Rs 27.61 crArvind Fashions reported an eleven percent rise in net profit for the first quarter. Revenue from operations increased to one thousand two ...
- Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apieceAther Energy successfully raised Rs 1,300 crore via a qualified institutional placement. The company also secured Rs 1,200 crore from exist...
- FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...
- ePlane unveils full-scale electric air taxi prototype; flight tests targeted for 2027The ePlane Company has unveiled its e200X electric aircraft prototype. This eVTOL aircraft is designed for passenger and cargo transport se...
- Quote of the day by John Bogle: "Sometimes common sense tells us what statistics cannot"Legendary investor John C. Bogle stressed common sense in investing. Statistics reveal trends, but not all market dynamics or psychology. H...
- Select mid & smallcaps on a roll, but broader market lagsNifty Midcap 150 reached a record high, and Smallcap 250 neared its peak. However, the broader market breadth shows a weak trend with few g...
- Long-term investment case for India remains very strong: Kevin Foley, co-head of global investment banking at J.P. MorganJ.P. Morgan identifies India as a priority market due to its strong economic growth. The firm is expanding its local investment banking tea...
- Fred Kelly’s timeless investing lessons: Why the crowd is usually wrongLegendary investor Fred C. Kelly argued that investment success depends more on mastering psychology than predicting markets. In his classi...
- Ather Energy's Rs 1,300-crore QIP subscribed over eight times: sourcesThe QIP, which opened on Wednesday, drew interest from several marquee domestic mutual funds and foreign institutional investors, the peopl...
- West Bengal rolls out investment push under new governmentWest Bengal has secured over Rs 28,000 crore in investment commitments recently. Chief Minister Suvendu Adhikari is actively promoting indu...
- MDR on UPI on the cards; Emergent enters unicorn clubThe government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.
- TSMC to invest another $100 billion in US as Q2 profit blows past forecastsTSMC will invest an additional $100 billion in Arizona, expecting robust AI demand. The company raised its capital spending forecast signif...
- India-UK FTA projected to boost Indian pharma exports by over 8% to $981 million in FY27: PharmexcilIndian pharmaceutical exports to the United Kingdom are projected to grow significantly. The India-UK Comprehensive Economic and Trade Agre...
- JioBlackRock Mutual Fund files draft papers with Sebi for 2 new schemesJioBlackRock Mutual Fund has filed draft documents with Sebi to launch two new schemes: the JioBlackRock Corporate Bond Fund and the JioBla...
- Actis, IndiGrid, Inox among companies in talks for Brookfield's renewable energy assetSeveral companies are discussing acquiring Brookfield's 550 MW renewable energy portfolio. This Bikaner-based clean power asset is valued a...
- Ather Energy raises Rs 1,200 crore from India-Japan Fund, Hero Motocorp, founders, launches Rs 1,500-crore QIPAther Energy secured Rs 1,200 crore through a preferential issue. Hero MotoCorp and the India-Japan Fund are key investors in this round. T...
- Govt's revamped chip push; Emergent turns unicornThe Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in today's ETte...
- Ather Energy gets board nod for Rs 1,200 crore fund raise, Hero MotoCorp to invest Rs 960 croreAther Energy secured Rs 1,200 crore from investors including Hero MotoCorp. Hero MotoCorp will increase its stake to 30.68 percent after th...
- Ideaforge raises Rs 500 crore via QIP to fund next phase of growthThe company allotted a total of 62,89,308 equity shares of a face value of Rs 10 each at an issue price of Rs 795 per share, representing a...
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