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QPOWER to acquire Visakhapatnam-based Winwin Speciality Insulators
Quality Power Electrical Equipments today announced that it executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators (WSIL), a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators. The transaction is subject to customary due diligence, statutory and regulatory approvals, and other closing conditions, and is expected to be completed within three months.
NLC India OFS opens for retail today after strong non-retail response - All you need to know
The government has decided to exercise the entire greenshoe option in the NLC India OFS, after the non-retail portion was oversubscribed 5.22 times, taking the total offer size to 3% of the company's equity capital from the initially planned 2%.
NLC India OFS: Government exercises greenshoe option
The total offer size has now increased to 3% of equity capital from 2%; retail investors will get 10% of the expanded issue on June 10. NLC India shares settled 2.13% lower at ₹328.60 on the NSE on June 9, before the announcement.
FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption move
Foreign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investments in Fully Accessible Route securities. The government's move aims to attract foreign capital and support the rupee. These measures are opening up India's bond market to global investors. This is a significant development for India's debt market.
FPI inflows into FAR securities rise by ₹8,795 crore after tax exemption
Foreign portfolio investors (FPIs) have invested Rs 8,794.743 crore in government securities under the Fully Accessible Route (FAR) after the government exempted them from income tax on interest income and capital gains arising from investments in these bonds. According to data from the Clearing Corporation of India Ltd (CCIL), FPI holdings in FAR securities stood at Rs 3.32 lakh crore on Tuesday, up from Rs 3.23 lakh crore on June 3. FAR allows non-resident investors to invest in specified Government of India dated securities without any investment ceilings. "We can see the optimism from FPIs who nearly invested 75 per cent of the net purchase in G-secs under FAR category recorded during April & May. It also strengthens India's case for inclusion in major global bond indices, such as Bloomberg's sovereign bond index, whose inclusion decision was deferred earlier this year," said Mataprasad Pandey, vice-president at Arete Capital. The government on June 5 promulgated an ordinance
Kotak's Pratik Gupta bets on private banks, sees strong foreign inflows ahead
Pratik Gupta, CEO & Co-Head of Kotak Institutional Equities, expects Indian markets to remain range-bound in the near term as investors balance earnings concerns, valuation levels and global capital allocation trends.
Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 list
Indian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan and South Korea's chipmakers now dominate the index. Reliance Industries and HDFC Bank have fallen in global rankings. India's market weight has hit a six-year low. This concentration is driven by strong company growth.
AI-led global earnings pressure India; opportunities in power, pharma: Conrad Saldanha
Neuberger Berman MD & Portfolio Manager Conrad Saldanha discusses why AI-driven earnings growth in the US, Korea and Taiwan continues to attract capital, shares his outlook on India, and highlights opportunities in power infrastructure, airports, specialty pharma and select financials.
Ghayal hoon isiliye ghatak hoon! Why a global tech crash could be the right medicine for wounded Nifty bulls
Global capital flows are shifting away from semiconductor-heavy markets like South Korea and Taiwan. This tech-led meltdown presents an opportunity for India. Foreign investors may return to Indian markets, which are seen as a diversified domestic-economy-led alternative. This shift could lead to an explosive rally for Indian stocks.
Global Capital Is Chasing AI Giants, But India Remains a Stock Picker's Market, Says Hiren Ved
The veteran fund manager noted that while the Nifty has largely moved sideways over the past two years, several stocks have generated substantial returns during the same period.
Global Capital Is Chasing AI Giants, But India Remains a Stock Picker's Market, Says Hiren Ved - NDTV Profit
Global Capital Is Chasing AI Giants, But India Remains a Stock Picker's Market, Says Hiren VedNDTV Profit
Bond market reforms could bring billions in foreign capital to India
A series of measures announced by the RBI and the government could bring up to $50 billion of foreign capital into India, according to analysts. The package includes incentives for FCNR deposits, easier access to government bonds for foreign investors, and tax relief on government securities. Brokerages including Deutsche Bank, Macquarie and Jefferies believe the steps could support the rupee, lower borrowing costs, help bridge India's balance-of-payments gap, and strengthen its case for inclusion in more global bond indices.