Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightensIn a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positione...
Varun Beverages, PepsiCo India extend bottling pact till 2049, gets wider business freedomVarun Beverages Ltd. has extended its exclusive bottling and trademark license agreement with PepsiCo Inc. in India until April 30, 2049, r...
Sebi expands permitted use of borrowings for highly leveraged InvITsThe changes, which have come into force with immediate effect, are aimed at providing greater flexibility to InvITs in managing funding req...
Kaynes Tech shares fall another 5% a day after crashing 20%. What brokerages fear the most?Kaynes Tech shares extended losses, falling another 5% after a 20% crash following weak Q4 earnings. Profit declined 22% YoY despite 26% re...
Don't put InvITs, REITs on the MATIn India, the backbone of infrastructure funding is built on listed business trusts. However, recent tax reforms have introduced uncertaint...
Anthropic hits $1.2 trillion implied valuation after 20% surge in 7 days – here's why the AI startup is overtaking OpenAI in pre-IPO marketAnthropic pre-IPO valuation explained: AI startup Anthropic's implied pre-IPO valuation has surged to a record $1.2 trillion, a 20% increas...
Care Ratings downgrades Goswami Infratech to B+Care Ratings downgraded Goswami Infratech’s NCDs citing delayed fundraising, extended redemption timeline, weak cash flows and refinancing ...
CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG dealThe Competition Commission of India has once again rejected AGI Greenpac's challenge. The regulator upheld the green channel approval for I...
Market remains stock-specific as earnings divergence widens across sectors: Dharmesh KantMarket expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expre...
Minda Industries to hike stake in Strongsun Renewables to 28.10%Minda Industries on Saturday said the investment committee of its board has given its go-ahead to second tranche of stake purchase in Stron...
National Highways Authority of India forms SPV to fund Delhi-Mumbai ExpresswayThe 1,300-km long Delhi-Mumbai greenfield expressways is one of the flagship projects of Bharatamala, India’s highways development program....
Not looking at setting up SPV for raising capital from market: SBICountry's largest bank SBI has said that it is not looking at setting up a special purpose vehicle (SPV) for its real estates.
- New Companies Bill will give flexibility to form SPVs, units: YM Deosthalee, L&T Finance
By and large the bill is reasonably well drafted and the provisions are progressive. The only thing is it has got tremendously delayed.
- NMDC incorporates SPV company for power plant at Chhattisgarh
NMDC today said it has incorporated a special purpose vehicle company for setting up a power plant in Chhattisgarh for captive supply.
- HDFC to transfer stakes in unlisted companies to SPV
India's largest mortgage lender, Housing Development Finance Corporation (HDFC), plans to rejig its investments in unlisted companies to ca...
- Cabinet may clear foreign acquisition SPVs of coal cos
The proposal for allowing public sector coal companies to form a special purpose vehicle (SPV) to acquire stake in overseas coal mines, as ...
- Core sec funding SPV not in tax haven
The proposed offshore special purpose vehicle (SPV) for funding infrastructure projects would be set up in a country which has a strong reg...