Rupee under pressure: Weak inflows push India back to familiar defence toolsWith the rupee under pressure and international unrest growing, India is on the lookout for solutions to enhance dollar inflows. One potent...
India’s data centre market to reach $22 billion by 2030India's data centre market is set for massive growth, expected to reach 22 billion dollars by 2030. This expansion is fueled by cloud compu...
India, Mauritius to sign several pacts including white shipping, capacity building & cross-border crimes during PM's tripIndia and Mauritius are set to strengthen their relationship with agreements in areas such as trade, capacity building, and curbing financi...
Hard-hit by rising imports, steel sector eyeing policy initiatives to safeguard its interests in 2025India's steel industry faces challenges from rising imports and fluctuating raw material prices in 2025. Efforts to achieve a 300 MnT capac...
FPIs invest Rs 7,962 cr in equity market during first week of JulyThe Foreign Portfolio Investors (FPI) have infused Rs 7,962 crore in the Indian equity market in the first week of July, according to the d...
MEA's Pardeshi represents India at high-level conference on urgent humanitarian response for GazaMuktesh Pardeshi, Secretary in the Ministry of External Affairs, represented India at a high-level conference in Amman, Jordan, focusing on...
Good Capital plans to invest $25 million in Indian AI startups this fiscalGood Capital plans to invest USD 25 million in Indian AI startups from the USD 50 million Fund II by 2027. The focus includes cleantech, e-...
Credit platform BlackSoil raises USD 25 mn"The rise of alternative credit has become a crucial factor in enabling growth for Indian startups, and BlackSoil intends to remain a prefe...
Buy Hindalco Industries, target price Rs 565: JM FinancialNovelis reported 4Q adj. EBITDA of USD431mn, below JMfe. This was impacted due to USD55mn higher operational costs on account of production...
Buy Mastek, target price Rs 3530: HDFC SecuritiesMastek Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 8486.09 Crore) operating in IT Software secto...
Buy Majesco, target Rs 653: HDFC SecuritiesBuy Majesco Ltd. at a price target of Rs 653.
PE investments scales all-time high of $21 bn in 2017For private equity (PE) investments in India, year 2017 was a milestone clocking USD 21 billion, the highest yearly value, across 735 trans...
WNS net profit at $15.9 mn, sales up 7.4% (YoY)For the financial year FY16, the company reported a 5.3% increase in revenue at $562.2mn and profits of $59.9mn, as compared to $58.6 mn in...
- IDB extends US $ 650 mn development loan to Colombia
The International Development Bank approved a US $ 650 mn line of credit for Colombia to boost investment and the export sector, the Washin...
- Exim Bank extends USD 25 mn credit to Ghana
Export-Import Bank of India on Thursday said it has extended a US $ 25 mn Line of Credit to Ghana.
- HCL sees USD75 mn forex loss in June qtr due to dollar rise
Country's fifth largest software exporter HCL Technologies will report a foreign-exchange loss of USD 65-75 mn in the April-June quarter du...
- CBaySystems to invest $25-mn; ramp-up headcount in country
With a view to rapidly ramp up operations and expand its footprint in the country, CBaySystems, has drawn up a USD 25 mn capex plan over th...