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16 hours ago · Sovereign funds, including Singapore’s GIC, the UAE's ADIA, and the Kuwait Investment Authority, are doubling down on India at a time when global private equity and venture funds are taking a ...
10 hours ago · Representative Image The Japanese International Cooperation Agency (JICA) on Friday signed an agreement to provide the fifth and final tranche of Rs 4,657-crore loan for the Mumbai Metro Line 3 project, a key corridor of the rapid transit system in the financial capital. With this, the Japanese ...
5 hours ago · JM Financial Limited (JMFL) is set to consolidate its wholesale debt syndication and distressed credit business under a single platform. The move involves two acquisitions: a 42.99% stake in JM Financial Credit Solutions Limited (JMFCSL) and a 71.79% stake in JM Financial Asset Reconstruction Company Limited (JMFARC).
8 hours ago · FPIs made a significant turnaround in June, investing Rs 26,565 crore in Indian equities after being net sellers in April and May. This followed net buying in February and March, contrasting with a net outflow in January. Domestic Institutional Investors, on the other hand, were net sellers on Friday, offloading shares worth Rs 1,651.36 crore, while FIIs continued their buying trend with a net purchase of Rs 1,241.33 crore.
18 hours ago · In the weekly round-up, we talk about all the major news that happened in the week across Industry, economy, share market and more. Here's the Weekly Business Roundup at 10:00 am on 6th July, 2024.
12 hours ago · That’s the crack of the whip. This has resulted in rates to move a 40-foot container from Shanghai to Rotterdam jumping to more than $7,300 in the last week in June from a low in October of $1,010, according to Drewry data on Bloomberg. That’s still below the average of almost $10,000 during the 2021-2022 pandemic surge but enough to spark ...
14 hours ago · Railway minister Ashwini Vaishnaw had announced that about 2,500 new general passenger train coaches are being manufactured and approval has been granted for manufacturing another 10,000 such coaches. RVNL was the top gainer of the day at 17.53%, followed by IRCON, BEML, Railtel, Texmaco Rail Engineering, and IRFC advancing between 5% and 11%.
