Unravel how the delay in RBI’s rate cuts, influenced by global factors, affects industries and investor strategy. Source and citation: “Fed There Done That: Banks see Delay in Rate Cuts by RBI, too,” ET Bureau, Last Updated: Apr 18, 2024. TLDR For This Article: The Reserve Bank of India (RBI) may delay interest rate cuts […]
Fed There Done That: Banks see Delay in Rate Cuts by RBI, too Read More »
Explore the effects of Indiabulls Housing Finance’s Supreme Court review petition on investors and related industries. Source and citation: “Indiabulls HF Seeks Review of SC Order on ED’s Powers,” by Indu Bhan, ET Bureau, Last Updated: Apr 18, 2024. TLDR For This Article: Indiabulls Housing Finance has requested a review of a Supreme Court decision
Indiabulls HF Seeks Review of SC Order on ED’s Powers Read More »
Explore how India’s 10% increase in power usage impacts industries and what it means for investors. Source and citation: “Power Consumption Rises Nearly 10% to 70.66 Billion Units in First Half of April,” PTI, Last Updated: Apr 18, 2024. TLDR For This Article: India’s power consumption jumped by nearly 10% in early April 2024, signaling
Power Consumption Rises Nearly 10% to 70.66 Billion Units in First Half of April Read More »
Dive into how a 13% rise in steel consumption impacts Indian industries and investors. Source and Citation: “Finished Steel Consumption Up 13%”, PTI, Last Updated: Apr 18, 2024. TLDR For This Article: Steel consumption in India has increased by 13% this year, driven by demand from the automotive and infrastructure sectors. This uptick is shaping
Unpacking Adani Group’s latest investment in Ambuja Cements and its implications for investors and industries. Source and citation: Based on an article from ET Bureau, last updated on April 18, 2024. TLDR For This Article: Adani Group has boosted its stake in Ambuja Cements to 70.3% by converting warrants, paving the way for substantial growth
Adani Group Raises Ambuja Stake by Converting Warrants Read More »
Thermax targets growth in steel, power, and refining sectors, forecasting an impactful year ahead. Source and citation: Insights based on an article by Kalpana Pathak, ET Bureau, April 18, 2024. TLDR For This Article: Thermax, an energy and environment solutions provider, expects significant growth in its order book, particularly in the steel, power, and refining
Thermax Hopes to Ride on Steel, Power and Refining This Year Read More »
Binance to re-enter India’s market, aiming for compliance with local laws, affecting cryptocurrency dynamics. Source and citation: Based on reporting by Himanshi Lohchab, ET Bureau, April 18, 2024. TLDR For This Article: Binance, the world’s largest cryptocurrency exchange, is set to re-enter the Indian market after paying a $2 million penalty, promising to comply with
Vodafone Idea’s recent FPO raises funds for 3-year capex, focusing on 4G and future growth. Source and citation: Based on insights from an article by Himanshi Lohchab and Romit Guha, ET Bureau, April 18, 2024. TLDR For This Article: Vodafone Idea (Vi) has secured significant funding through a follow-on public offer (FPO), aimed at bolstering
FPO Funds to Take Care of Vi’s Capex Needs for 3 Years Read More »
Adani Enterprises plans a $5 billion investment in data centers, exploring implications for investors and industries. Source and citation: Based on an article by Bhaskar Dutta, ET Bureau, April 18, 2024. TLDR For This Article: Adani Enterprises, led by Gautam Adani, is set to invest $5 billion in expanding its data center business over the
$5B in 5 Yrs Adani JV Looks to Juice up Data Centre Biz Read More »
Adani JV Looks to Juice up Data Centre Biz TLDR of the Article: Adani Enterprises (AEL), the flagship firm of billionaire Gautam Adani, is seeking to aggressively expand its data centre business. AdaniConneX, the equal joint venture between AEL and Sweden’s EQT-owned EdgeConneX, is looking to invest $5 billion in the next five years. More
18 April 2024 : Important Financial News in India Read More »
