Synopsis: Goldman Sachs and Morgan Stanley swap stocks worth ₹174 Cr: Goldman buys BHEL, Jio Fin from Morgan; Morgan grabs Sai Life shares. Routine FII block deals, no big bets. Block deals across three Indian companies signal routine portfolio reshuffling between two...
Synopsis: Establishing the short-term borrowing parameters for the new fiscal year, the Reserve Bank of India has set the Ways and Means Advances limit for the central government at ₹2,50,000 crore for the first half of FY27. This provides a clear framework for...
Synopsis: Gold prices stabilize near ₹1,66,000 after a volatile ₹37,000 three-day rally fueled by Middle East conflict, a record-low rupee, and shifting Federal Reserve expectations. Domestic gold prices surged toward the March 31 close, with MCX futures leaping...
Synopsis: With the government formally confirming a 91 percent aviation duopoly in parliament, both IndiGo and the Air India Group are now executing a deliberate direct-to-consumer strategy putting the OTA commission model under structural strain. The question facing...
Synopsis: RailTel wins ₹29.7 Cr Jharkhand order to set up English language labs by 2029. State-run telecom firm expands from railway networks into education projects. RailTel Corporation of India has secured a fresh government contract. The Jharkhand Education Project...
Synopsis: GMR Power buys IDFC’s 2.37% stake for ₹60 Cr in 1,050 MW Odisha coal plant. Gains near-100% control of steady ₹3,000 Cr revenue asset; simplifies operations. The company paid ₹60 crore to add 2.37% to its holding moving closer to 100% ownership of a...
Synopsis: A government approval in the component manufacturing space brought a leading electronics manufacturing services company into focus. Dixon Display Technologies Private Limited, the wholly-owned subsidiary of Dixon Technologies (India) Limited, received...
Synopsis: Saatvik Green Energy’s subsidiary has secured a ₹57.03 crore order for solar PV modules from a leading IPP/EPC player, further strengthening its massive renewable pipeline. Gurugram-based Saatvik Green Energy Limited (SAATVIKGL) has announced a significant...
Synopsis: NTPC Green signs 10-year deal to supply 70,000 tonnes green ammonia yearly to fertilizer firm via SECI. Cuts emissions, boosts India’s clean hydrogen mission at record-low ₹51.80/kg price. NTPC Renewable Energy Limited has signed a major green ammonia...
Synopsis: The telecom giant’s subsidiary secured a $1 billion in funding from global private equity Investors in one of the larger private infrastructure deals in India’s data centre sector. Shares of this telecom major was under investors attention when its...
