India Inc’s equity fundraising surges past Rs 1.11 lakh crore on strong inflows in July-August
IPO activity remained particularly strong, garnering more than 40% of the funds raised. So far this month, 20 companies have collected more than ₹20,850 crore, adding on to the ₹28,650 crore raised by 12 companies in July. Listed companies have also stepped up qualified institutional placements (QIP), with four companies raising ₹3,250 crore so far […]
Sebi drops Rs 3,912-cr probe against Max Fin, Axis Bank
Sebi has dropped proceedings against Max Financial and its associates. Allegations of disclosure lapses and a fraudulent scheme were not proven. The market regulator cleared Max Financial founder Analjit Singh and executives. Sebi investigated transactions between Max Financial, Max Life, and Axis entities. The regulator found no evidence of a fraudulent scheme benefiting Axis.
India raises $73 bn in forex inflows at record pace
India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap scheme, the finance ministry said.
Suzlon plans 1,325 MW wind projects in Andhra Pradesh
Suzlon Group is set to launch an impressive 1,325 MW of wind energy projects in Andhra Pradesh, backed by a ₹10,000 crore investment. This venture promises to create about 4,000 direct and indirect jobs. With a vision to integrate an additional 5 GW of renewable energy projects by 2030, Suzlon is reinforcing its commitment to […]
CapitaLand India Trust shifts debt to rupees as INR falls
As of June 2026, CLINT had approximately S$1.7 billion (roughly ₹8,820 crore) of borrowings. As of June, CLINT’s assets under management stood at S$3.5 billion.
SIP boom: Mutual fund investors and equity exposure soar over five years
Mutual fund SIP investments have seen significant growth over five years. The number of unique mutual fund investors increased substantially during this period. SIP assets under management more than tripled, reaching ₹14.83 lakh crore. Equity funds continue to dominate SIP investments, holding an 87% share. Other categories like hybrid and passive funds also experienced notable […]
Full flow FCNR deposits could hit $100 billion, beat estimates
Strong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects inflows to reach $90-100 billion by August 31, up from its earlier estimate of $70-80 billion.
L&T wins ‘ultra-mega’ contract in West Asia worth over ₹15,000 crore
Larsen & Toubro (L&T) has won an ultra-mega contract to execute a gas compression project for a major Gulf client, expanding its hydrocarbon infrastructure business. The company classifies orders above ₹15,000 crore as ultra-mega but did not disclose the contract value.