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2 mins read

Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt

Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…

PTI   


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Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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Roadway Solutions India Infra to raise USD 120 mn from AG Dynamic Funds for expansion

Roadway Solutions India Infra Ltd (RSIIL) will raise USD 120.48 million (nearly Rs 1,000 crore) as …

PTI   


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Aereo, India's leading commercial drone solutions startup, secures USD 15 million in Series B funding round

The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.

ANI   


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August has been a watershed month for mutual funds with cumulative inflows crossing ₹20,000 cr

August has been a watershed month for the mutual fund industry with total assets of the industry to…

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3 mins read

Interim Budget 2024: Markets don’t expect big bang measures but hope infra & rural push to continue

Union finance minister Nirmala Sitharaman set the stage for low expectations from the upcoming Inte…

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5 mins read

Golden Oldies: The mutual fund schemes that have stood the test of market cycles over 20 years

According to a report by Value Research, ten mutual fund schemes have stood the test of time. Funds…

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3 mins read

Shapoorji Pallonji’s Afcons Infra files DRHP for ₹7,000 crore IPO

Shapoorji Pallonji group’s construction company, Afcons Infrastructure, filed a DRHP with the marke…

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Udayshivakumar Infra lists at a 14% discount in spite of a stellar subscription

Shares of Karnataka-based road construction company Udayshivakumar Infra made a weak debut on the s…

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3 mins read

Udayshivakumar Infra IPO to open on March 20; grey market premium at ₹7 a share

The Karnataka-based road construction company Udayshivakumar Infra will open its ₹66 crore initial …

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Balaji Solutions, Enviro Infra Engineers get Sebi nod to float IPO

The company may consider a pre-IPO placement aggregating up to Rs 24 crore. If such placement is co…

PTI   


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India's infra spending to ride EV, solar, wind and hydrogen push

India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more tha…

PTI   


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E-commerce platform for construction material Infra.Market raises $125 million from Tiger Global investment

Construction material e-commerce platform Infra.Market has raised $125 million in a Series D round …

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4 mins read

Stock market investors expect balanced budget, focus on job creation, infra spending

Stock market investors are expecting a balanced Budget with a focus on job creation, increased spen…

PTI   


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3 mins read

Pipe Dream: Should you invest in these infra stocks that have delivered 50% returns?

India’s infrastructure spending and construction are on a full swing. And, as a proxy play, the com…

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2 mins read

Interim Budget hikes outlay on big infra projects to Rs 11.1 lakh crore, cuts fiscal deficit to 5.1% of GDP

Finance Minister Nirmala Sitharaman decided to stick to the path of fiscal consolidation path as sh…

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3 mins read

Tiger Global is now an investor in three of the five B2B ecommerce unicorns in India

OfBusiness, which allows businesses to purchase bulk orders from sellers online, has doubled its va…

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1 min read

Infra.Market is reportedly under income tax lens for an alleged evasion of ₹224 crore

After the Income tax department recently raided a proptech startup based in Pune and Thane and foun…

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3 mins read

REITs, InvITs collect Rs 18,658 cr in Apr-Sep on robust infra demand, attractive returns

Strong demand for infrastructure investment, attractive returns, and favourable government policies…

PTI   


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8 mins read

ETFs performed better than actively-managed equity mutual funds in FY23

Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…