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Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and international acquisitions.
Railways clears 100 projects worth Rs 1.53 lakh crore in FY26; expansion more than doubles yoy
Indian Railways is set for a major expansion in FY 2025-26. The Ministry of Railways has sanctioned 100 projects with a Rs 1.53 lakh crore investment. This initiative will add over 6,000 kilometers of new railway lines and upgrade existing ones. Projects will focus on decongesting routes, improving services, and connecting underserved regions.
FPIs continue sell-off in April, pull out ₹48,213 crore in 10 days
Foreign investors maintained their aggressive sell-off in Indian equities, withdrawing Rs 48,213 crore (USD 5.14 billion) in the first 10 days of April, as rising geopolitical tensions and global macroeconomic uncertainties reduced risk appetite. The sell-off follows a record outflow of Rs 1.17 lakh crore (about USD 12.7 billion) in March, the worst monthly exodus on record. The sharp reversal comes after FPIs had infused Rs 22,615 crore in February, marking the highest monthly inflow in 17 months. With the latest withdrawals, total outflows by foreign portfolio investors (FPIs) have surged to Rs 1.8 lakh crore in 2026 so far. In April alone, foreign investors withdrew equities worth Rs 48,213 crore from the cash market till April 10, according to NSDL data. Market participants attributed the sustained selling pressure to a combination of global macroeconomic headwinds and heightened geopolitical risks. Himanshu Srivastava, Principal - Manager Research at Morningstar Investment ..
Global funds flee Indian stocks at record pace on growth fears
Global funds are exiting Indian equities at a record pace, driven by an energy shock from the US-Iran war and a lack of compelling AI-linked investment narratives. This sustained selling has pressured local shares, with over $600 billion wiped off their value from last year's peak, despite strong domestic inflows.
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.
NSE IPO: Bourse likely to file DRHP in June with SEBI, say reports
The National Stock Exchange of India has begun preparations for its IPO by meeting with 20 investment bankers to draft the offer document and establish a timeline. Retail shareholders will be contacted by the end of April, and the exchange aims to file with SEBI by June or July.
Elixir Equities’ Dipan Mehta cautious despite rally; sees energy as next big theme
Dipan Mehta, Director of Elixir Equities remains cautious even after the recent market rally, saying volatility could persist due to global uncertainties. He prefers a wait-and-watch approach for now, with earnings season and management commentary likely to guide the next move. Mehta is closely tracking the energy space, where policy support could create opportunities across oil, gas and renewables. 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.
BofA sees opportunity in India's battered bank stocks, expects IT sector to underperform
Indian bank stocks present an attractive investment. Valuations for major private lenders are at historic lows. This decline follows a drop in the Nifty Bank index. Foreign investors have sold off bank shares. BofA Global Research sees potential for a rate hike by the Reserve Bank of India. This could boost bank margins and earnings.
SILA raises $100 million from PE firm Permira to fund expansion plans
The investment signals rising global PE appetite for India’s tech-enabled business services, as SILA scales operations across 125 cities and 450 million sq. ft of managed assets.
Ceasefire boosts markets; experts flag oil volatility and India opportunity
Matt Orton, Chief Market Strategist, Raymond James Investment, said markets are seeing a relief-driven rebound, with investors deploying cash selectively. Oil remains a key risk due to supply disruptions and uncertainty around shipping routes. Ed Yardeni, President, Yardeni Research, expects steady policy from the Fed and sees support for global equities. Srikant Kondapalli, Professor of China Studies, JNU, warned the situation remains fluid, with implications for energy flows and trade.
With sights on huge gains, Biocon to scale up AI focus
Biopharma major Biocon is significantly scaling up its adoption of artificial intelligence across its operations, from R&D to manufacturing and procurement. This strategic investment aims to achieve substantial cost savings, accelerate drug development timelines, and enhance its competitive edge in the global market.
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.