Temasek, ADIA said to plan investing in Clean Max’s India IPO
Temasek Holdings Pte and Abu Dhabi Investment Authority plan to invest in Clean Max Enviro Energy Solutions Ltd.’s IPO, alongside HDFC Asset Management Co. Ltd and SBI Life Insurance Co.
Temasek Holdings Pte and Abu Dhabi Investment Authority plan to invest in Clean Max Enviro Energy Solutions Ltd.’s IPO, alongside HDFC Asset Management Co. Ltd and SBI Life Insurance Co.
Gold and silver prices rose on MCX and COMEX, driven by US–Iran tensions and safe-haven demand. Goldman Sachs projects gold may reach $5,400 per troy ounce by end of 2026.
Manish Gunwani, Head – Equity at Bandhan AMC prefers manufacturing and export-oriented sectors over consumption, and believes investors can expect 6–7% real returns when markets trade at fair value.
Arvind Sanger, Managing Partner at Geosphere Capital Management, warns that rising Iran-US tensions and higher oil prices could put pressure on Indian markets, even as the IT sector grapples with slowing growth and uncertainty around AI-led disruption.
The STT hike and RBI curbs on broker funding are yet to kick in, but trading volumes are already trending down.
IndusInd Bank shares have been upgraded by Emkay Global, citing confidence in new management’s push to improve earnings quality and balance sheet mix. The target price has been raised to ₹1,100 per share from ₹800.
SEBI issued a show-cause notice to Zee Entertainment Enterprises Ltd. and its leadership over fund diversion and governance lapses, impacting its abandoned Sony merger and shareholder losses.
The project comprises 28 wind turbine generators, the company said, adding that it has completed all its works under its scope, including balance of plant, power substation, EHV transmission line and putting up and installing the WTGs.
Inox Wind’s guidance points to strong revenue and margin growth, but investors are watching execution more closely. With ₹3,200 crore delivered so far, the company needs a sharp fourth-quarter ramp-up to meet its ₹5,000 crore target
Amazon has reported $716.9 billion in annual revenue, surpassing Walmart’s $713.2 billion for the first time as both retailers expand AI and digital operations.