Srini Sriniwasan, Managing Director at Kotak Alternate Asset Managers, and Shanti Ekambaram, Deputy Managing Director at Kotak Mahindra Bank, also shared their view on potential margin recovery for banks, and the outlook for the IPO market in 2025.
Seven Indian entrepreneurs entered the dollar billionaire league, many of them from the renewable energy sector.
Gujarat Pipavav Port’s Q3 FY25 update revealed a 22% growth in liquid cargo and a 52% rise in vehicle shipments, while container handling and volumes saw declines.
Shares of KEC International rose 0.8% at 15:14 IST to reach 1,221.55. The stock has risen 11.6% in the last 30 days.
The number of IPOs on the NSE is higher than China, Hong Kong, and Japan put together, who had 101, 66 and 93 IPOs respectively in the year gone by.
In April 2019, Blackstone committed up to $460 million to acquire a majority stake in EPL, as per an official announcement
What makes NALCO more of an Alumina play is the fact that the state-run company sells the product in the open market.
The Nifty 50 slipped 184 points to end at 24,004. The Sensex also closed at 79,223, down 721 points. The indices, however, rose 1% each during the week, driven by strong performances in select sectors.
Shares of JM Financial Ltd ended at ₹130.50, down by ₹2.55, or 1.92% on the BSE.
Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, also explained how India could benefit from the Trump administration.