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Adani flagship is the next big India pick for Singapore’s Helios
Helios Capital Management is investing in Adani Enterprises, seeing potential in India's overlooked market. The asset manager bought shares, citing Adani's improving legal standing and business ventures. Adani plans significant investments in data centers and digital expansion, leveraging its energy assets. This move positions Adani as a proxy for India's artificial intelligence ambitions. Helios also sees receding headwinds for India's broader economic outlook.
TPG, GIC and ICICI Bank acquire Aseem Infrastructure Finance for ₹5,000 crore
Aseem is a leading sustainable infrastructure debt financier with a core focus on renewable energy, power transmission and other infrastructure assets in India. It was established in 2020 by the National Investment and Infrastructure Fund, India’s sovereign-anchored alternative asset manager.
Expert view: See compelling opportunities in financials, energy, metals, says Sandeep Neema of PL Asset Management - livemint.com
Expert view: See compelling opportunities in financials, energy, metals, says Sandeep Neema of PL Asset Managementlivemint.com
ICICI Prudential Mutual Fund trims stake to 7.12% in Kalpataru Projects International
ICICI Prudential Mutual Fund has decreased its stake in Kalpataru Projects International Ltd below 8% through open market transactions, selling 1,498,354 shares since December 2021.
ICICI Prudential's Anand Shah favours manufacturing, consumer services despite inflation risks
Anand Shah, CIO-PMS & AIF at ICICI Prudential AMC, believes manufacturing-focused mid- and small-cap companies are well placed to benefit from stronger earnings growth, rupee depreciation and a gradual shift towards domestic production. He remains overweight on consumer services, private banks, asset managers and insurance firms, while expecting telecom industry profitability to improve over time through tariff hikes. Shah also warned that inflation risks from energy and food prices could weigh on consumption.
ET Alpha Wealth Summit: S Naren shares blueprint for investing in a boring market
ICICI Prudential AMC CIO S. Naren described the current market as a “boring phase,” marked by a tug-of-war between FIIs and domestic mutual funds. At the ET Alpha Wealth Summit, he outlined five market-cycle phases, warning that parabolic asset rallies and leveraged investing are classic signs of bubbles.
Camelian's Vikas Khemani sees manufacturing as India's biggest long-term opportunity
Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.
Avaada seeks $800 million to refinance Brookfield Asset Management debt
Avaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public market listing. The funds will come from offshore loans and local bonds. This refinancing will replace part of the debt from Brookfield Asset Management. Avaada is expanding its renewable energy and manufacturing businesses.
Avaada seeks $800 million to refinance Brookfield Asset Management debt
Avaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public market listing. The funds will come from offshore loans and local bonds. This refinancing will replace part of the debt from Brookfield Asset Management. Avaada is expanding its renewable energy and manufacturing businesses.
Abakkus trims banking exposure, adds solar and power-linked capital goods stocks
Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the correction. The Mumbai-based AMC increased exposure to renewable energy, power-linked capital goods and select metal plays, while trimming some banking exposure. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Coforge among 6 F&O stocks with a sharp rise in futures open interest
Six stocks in the NSE F&O segment recorded a sharp rise in futures open interest on May 6, signalling increased trader participation and fresh positioning. Larsen & Toubro, HDFC Life Insurance, Amber Enterprises, Nippon Life India Asset Management, Coforge and Godfrey Phillips India saw open interest rise over 10%.
TCG Asset Management’s Shahzad Madon picks digital infra, defence & renewables as key themes
Shahzad Madon of TCG Asset Management says investors should focus on long-term themes like energy transition, digital infrastructure, defence and manufacturing amid global uncertainty. He believes these sectors will see strong multi-year growth driven by geopolitical changes and rising demand. Madon prefers transmission plays within renewables, and remains comfortable with EMS companies due to steady earnings growth and improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.