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Govt plans LNG buffer mandate for terminals
India is weighing a plan to fund emergency liquefied natural gas stockpiles. This initiative aims to bolster supply security after recent global disruptions. Policymakers are considering raising regasification tolls to finance expanded terminal storage capacity. Terminal operators could recover investment costs by charging higher fees to importers. This approach seeks to build storage faster than direct government financing.
Govt mobilises nearly ₹2,100 cr via share sale of state-owned IRFC
The government on Thursday said it has raised around Rs 2,100 crore from the share sale of state-owned Indian Railway Finance Corporation (IRFC). The OFS for IRFC closed with an enthusiastic response from the retail investors, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. "Combined with the institutional investors, 22.88 crore shares were sold to the minority shareholders over the two trading days for an estimated amount of Rs 2,084 crore. We thank all investors for their participation and for reposing their faith in us," he said. The government decided to exercise the green shoe option on Wednesday, allowing 2 per cent stake dilution in the public sector undertaking (PSU) of the Railway Ministry. The Department had fixed a floor price of Rs 91 per share, at a discount of 7.8 per cent over Tuesday's closing price of IRFC shares on the BSE. Shares of IRFC closed 0.8 per cent lower at Rs 91.78 on the BSE on Thursday. Prio
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. 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.
ET Alpha Wealth Summit: Mapping the road to India’s next growth wave
India's strong economic growth faces scrutiny as global conditions remain uncertain. The ET Alpha Wealth Summit on June 4 in Mumbai will feature top economists and finance experts to analyze the durability of India's growth momentum. Discussions will cover consumption vs. investment-led growth, private capex revival, and wealth creation opportunities.
Patient capital trusts India as hot money exits; FDI inflow rises 17% YoY
In the fiscal year 2025-26, India witnessed a remarkable surge in foreign direct investment, soaring to $94.5 billion. This uptick is particularly notable given the backdrop of global economic turbulence. Investors from abroad demonstrated a keen interest, predominantly in the finance and technology arenas. Additionally, net FDI inflows experienced a noteworthy rise, underscoring India’s growing attractiveness to international financiers.
Shriram Finance or Hindalco may enter Sensex in June: Nuvama
Market watchers anticipate significant shifts in the BSE Sensex this June. Hindalco Industries or Shriram Finance are poised for inclusion, potentially attracting substantial passive investment. Conversely, Trent is expected to be excluded due to a dip in its free-float market capitalization. Nuvama predicts the announcement on May 22, with changes effective June 19.
Artificial Intelligence: Why it’s a productive, not destructive, force for capital markets
Artificial intelligence is rapidly transforming capital markets by automating trading, research and portfolio management functions once handled manually. While AI is improving efficiency and productivity across finance, experts believe human judgment, relationships and strategic decision-making will remain essential in investment banking, sales and client advisory roles.
No systemic risk to BFSI sector; may see short-term slowdown in loan growth: Deepak Parekh
Industry veteran Deepak Parekh stated the banking and financial services sector is not facing major systemic risks from global geopolitical uncertainties. He anticipates a short-term slowdown in loan growth. Real estate investment trusts are growing in India. Insurance penetration remains low. Deposit mobilization has moderated as retail investors favor mutual funds. Artificial intelligence's impact on finance is still evolving.
Bajaj Finance a strong compounder, prefer food delivery over QSR: Dipan Mehta
Dipan Mehta, Director at Elixir Equities, stays constructive on Bajaj Finance, citing diversification and stable credit costs. He favours platform-led food businesses over traditional QSR chains and suggests a long-term approach to Swiggy-type models. He remains cautious on paint companies due to competition, while seeing value in select financials and energy PSUs supported by dividends and policy focus. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitions
India is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship leasing at GIFT City, a growing maritime finance hub. Experts warn this might deter global investment and disrupt existing financial structures. Competitors like Singapore and Hong Kong offer more flexible terms.
Advent gets CCI nod to pick up 14.3% stake in Aditya Birla Housing Finance
The Competition Commission of India has approved Advent International's proposal to acquire a 14.3% stake in Aditya Birla Housing Finance. This move involves a significant capital infusion into the housing finance subsidiary. The CCI also cleared other acquisitions, including Citrus Investment LLC's increased shareholding in Hitachi Construction Machinery and Indus Infra Trust's acquisition of KNR SPVs.