Slow, but steady start for SIFs; amass ₹9,712 crore AUM in six months

One year after the market regulator SEBI established norms, the Specialised Investment Funds (SIFs) are off to a slow and steady start amassing assets under management of ₹9,712 core and…

Rocketlane raises $60 million in Series C to power professional services automation with AI

Chennai and US-based Rocketlane, an AI-powered professional services automation platform has raised $60 million in a Series C funding round led by Insight Partners. The latest round brought the total…

Broker’s Call: HDFC Bank (Outperform)

Target: ₹1,500 CMP:₹781.70 The resignation-related release of ex-Chairman of HDFC Bank, Atanu Chakraborty, was not the usual benign farewell that one typically expects in such cases. It mentioned, ‘…concerns over…

Broker’s Call: NALCO (Buy)

SBI Securities Target: ₹420.9 CMP: ₹367.15 is an integrated aluminium producer encompassing mining ore to metal. It is one of the lowest-cost producers of Alumina. Capacities for respective segment is…

ASMS inks pact with two US firms to develop tech-driven aquaculture and fisheries ecosystems India

Avio Smart Market Stack Ltd (ASMS), formerly , announced on Wednesday a Memorandum of Understanding with Aquasafra Holdings, Inc. and Waterfield Farms, Inc., both US-based entities, to develop technology-driven aquaculture…

Arkade Developers launches ₹230 crore luxury project in Goregaon West, stock closes up 1.93%

Arkade Developers Limited on Wednesday announced the launch of Arkade Evoke, a luxury residential project in Goregaon West, Mumbai, with a gross development value of ₹230 crore. The company’s stock…

US stock market today: Dow Jones, S&P 500 futures rise on hopes of de-escalation in US-Iran conflict

are trading higher in Wednesday’s session, March 25, amid growing expectations of a de-escalation in the Iran conflict and potential negotiations between the United States and Iran. Futures of the…

Paisalo Digital adds Indian Overseas Bank to Its BC network

announced on Wednesday that it has been appointed as a Business Correspondent (BC) partner for Indian Overseas Bank (IOB), expanding its Banking-as-a-Service (BaaS) platform that already includes State Bank of…

Puravankara plans ₹55,000-crore project pipeline across south India, Mumbai

Puravankara Ltd announced on Wednesday a portfolio of 30 projects to be launched over the next 24 months, spanning south India and Mumbai, with a combined gross development value (GDV)…

Ceigall India signs 337 MW solar PPAs in Maharashtra, stock closes up 3.85%

on Wednesday executed two long-term Power Purchase Agreements (PPAs) totalling 337 MW of solar capacity with Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), marking the infrastructure firm’s most significant push…