Piramal-Bain ARC venture calls it quits
Piramal Enterprises Ltd and Bain Capital Credit have relinquished their license for India Resurgence Asset Reconstruction Company to the Reserve Bank of India. Regulatory obstacles and a shrinking pool of distressed assets have made the ARC business less appealing, leading to increased exits from the market.
Nifty at key support, trend remains weak: Analysts
Nifty may signal a trend reversal above 24,140, but stronger price confirmation is needed for aggressive bullish positions.
Stock price bottoms look elusive even with decline in risk appetite
Benchmark indices – Sensex and Nifty – are almost 10% down from their peaks made on September 27, led by a sell-off by foreign investors sparked by a rebound in Chinese equities and disappointing earnings in the September quarter. The Midcap 150 index declined 10.9%, SmallCap 250 index dropped 9.1% and the Microcap 250 fell […]
During Trump 2.0, India second only to US for investors: Viswas Raghavan, Executive Vice-Chair, Citigroup
India is poised to become the second-largest recipient of global investments after the US during President Trump’s second term. Investors are drawn to India’s potential as a market, its alignment with Trump’s policies, and its strong economic growth prospects, particularly in sectors like energy, infrastructure, and consumer goods.
Short-term selling in India presents buy opportunities: Stefan Hofer
With Donald Trump coming in, I cannot overemphasise how much change is going to happen. Republicans retain their hold of the House, clinching full control of Congress.