Private credit investments in India surged 53% to $9 billion in the first half of 2025, driven by Porteast Investments’ record $3.1-billion deal. Adani Group, GMR Infra, and Manipal Group also raised significant funds. Private credit is gaining momentum as public sector banks and NBFCs reduce large exposures, filling funding gaps in infrastructure and real estate.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51