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Fibe’s IPO papers flag reliance on unsecured, repeat lending
The DRHP also shows large default loss guarantee payouts, signalling that the business is not just a pure fee-led fintech but a lender exposed to credit cycles and funding costs.
Indian electronics manufacturers forge more and more partnerships with companies from South Korea, Taiwan, Japan
Indian electronics manufacturers are forging alliances with firms from South Korea, Taiwan and Japan, alongside exploring standalone initiatives. This proactive strategy, championed by industry leaders like Dixon Technologies and Amber Enterprises, is designed to align with government objectives for self-reliance in electronics production, targeting both local and global markets.
Bypassing US Dollar? India, Japan Eye Direct Yen-Rupee Settlement For Bilateral Trade
India, Japan plan direct yen-rupee settlements to cut costs and reduce dollar reliance.
Nifty July futures trade at premium
Infosys, HDFC Bank (India) and Reliance Industries were top traded contracts.
India plans to cut reliance on Middle East oil, tap spot market after war shock
India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost spot market purchases and forge deals with trading houses for diversified sourcing. This strategic shift aims to secure energy supplies and mitigate losses, with new avenues opening from Guyana, Brazil, and the US. The nation is also building strategic reserves to enhance energy security.
Reliance Power gains after setting up four AI subsidiaries
Reliance Power jumped 2.73% to Rs 24.81 after the company announced its entry into the rapidly evolving field of Artificial Intelligence (AI) and allied new-age technologies through the incorporation of new subsidiaries.
Amazon, Flipkart entry won't disrupt quick commerce profitability: Elara Capital
Karan Taurani, Executive Vice President at Elara Capital, said quick commerce has reached a stage where execution and profitability will matter more than price wars, despite Amazon, Flipkart and Reliance expanding in the segment.
How Mukesh Ambani built Project Jupiter to launch India's biggest IPO
Reliance Industries reportedly worked behind the scenes to overcome regulatory hurdles, secure investor backing and structure Jio Platforms' proposed stock market debut
How Ambani built Project Jupiter to launch India’s biggest IPO
Reliance quietly executed Project Jupiter to prepare Jio’s IPO while managing regulatory changes, investor alignment and strict secrecy. The plan evolved from an offer-for-sale to a primary issue, enabling funds to remain with the company and positioning Jio for India’s biggest stock market listing.
Corporate giants turn to urban regeneration as redevelopment race intensifies
India's largest corporate houses are increasingly focusing on urban regeneration, shifting real estate focus from land acquisition to redevelopment. Giants like Reliance, Adani and JSW are aggressively bidding for projects involving old housing colonies and slum rehabilitation in Mumbai.
Future growth will depend on governance quality in public, private institutions: HDFC's Parekh
India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector consolidation. Parekh also stressed the immense funding needs for domestic capacity building and the crucial role of self-reliance in a shifting global landscape.
Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top drags - Mint
Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top dragsMint