Business

SAEL Industries Commissions 298 MW (DC) Solar Power Project in Jalore, Rajasthan

SAEL Industries Commissions 298 MW (DC) Solar Power Project in Jalore, Rajasthan

#SAELIndustries #SolarPower #RenewableEnergy #Sustainability #GreenEnergy #CleanEnergy #SolarProject #EnergyTransition #Rajasthan #AtmanirbharBharat #ClimateAction Chandigarh – SAEL Industries Ltd., one of India’s leading integrated renewable energy companies, has achieved a major milestone by commissioning a 298 MW (DC) solar power project in the Jalore district of Rajasthan. The project, developed through its subsidiary Sunfree Energy RJP1 Pvt. Ltd., marks SAEL’s first solar venture in Rajasthan and reinforces the state’s position as a hub for renewable energy in India. The Jalore solar project has a capacity of 200 MW (AC) and 298 MW (DC), making it the largest solar project developed by SAEL that is…
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Motilal Oswal, ICICI Prudential, and SBI Mutual Fund Lead Industry with Highest “Skin in the Game”

Motilal Oswal, ICICI Prudential, and SBI Mutual Fund Lead Industry with Highest “Skin in the Game”

#MutualFunds #Investing #MotilalOswal #ICICIPru #SBIMF #SkinInTheGame #SEBI #WealthManagement #RetailInvestors Mumbai – When it comes to mutual funds, investors often look for confidence signals from fund managers themselves. One of the strongest indicators is how much the fund houses invest in their own schemes — often referred to as having “skin in the game.” A new analysis of June 2025 data by Cafemutual reveals that Motilal Oswal MF, ICICI Prudential MF, and SBI MF top the list in absolute terms, with the highest investments in their own funds. Big Fund Houses, Big Commitments At the top of the list, Motilal Oswal Mutual…
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CCI Approves Stake Acquisition in V.I.P. Industries by Multiples PE Funds and Sacheti Family Members

CCI Approves Stake Acquisition in V.I.P. Industries by Multiples PE Funds and Sacheti Family Members

#VIPIndustries #CCINews #PrivateEquity #MultiplesPE #ConsumerGoods #IndianMarkets #TravelIndustry #LuggageMarket #MergersAndAcquisitions #BusinessNews New Delhi: The Competition Commission of India (CCI) has given its nod for the acquisition of a stake in V.I.P. Industries Limited, India’s leading luggage and travel accessories company, by a consortium of investors including Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Private Limited, and individual investors Mr. Mithun Padam Sacheti and Mr. Siddhartha Sacheti. The clearance comes as part of India’s competition law framework, which requires approval for significant acquisitions and mergers to ensure that they do not adversely impact market competition. Details…
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TPG-Backed SK Finance Shelves India IPO Amid Weak Investor Demand

TPG-Backed SK Finance Shelves India IPO Amid Weak Investor Demand

#SKFinance #IPOUpdate #TPG #NBFC #IndianMarkets #FinanceNews #IPOMarket #PrivateEquity #CapitalMarkets #InvestorSentiment Mumbai: In a significant setback for the non-banking financial company (NBFC) space, SK Finance Ltd, backed by global private equity giant TPG, has reportedly decided to shelve its much-anticipated ₹2,000+ crore initial public offering (IPO) after weak investor demand. Despite attempts to sweeten the offer by lowering its valuation and trimming the size of the issue, the IPO failed to attract sufficient interest, reflecting broader concerns in India’s capital markets and the lending sector. IPO Plan and Shelving Decision According to sources familiar with the matter, SK Finance had sought…
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CCI Approves Adani Group’s Acquisition of Jaiprakash Associates Limited

CCI Approves Adani Group’s Acquisition of Jaiprakash Associates Limited

#AdaniGroup #JaiprakashAssociates #CCIApproval #InfrastructureIndia #RealEstate #CementSector #CorporateInsolvency #IBC #AdaniEnterprises #IndianEconomy New Delhi: In a significant development in India’s infrastructure and real estate landscape, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by entities of the Adani Group, paving the way for one of the largest transactions in the sector this year. The deal, which could involve up to 100% shareholding in JAL, underscores Adani’s aggressive expansion strategy across core infrastructure, real estate, and allied businesses. Details of the Transaction The proposed combination involves Adani Enterprises Limited (AEL) — the flagship of the…
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Veritas Finance Delays ₹2,800-Crore IPO as US Tariffs Sour Sentiment for MSMEs

Veritas Finance Delays ₹2,800-Crore IPO as US Tariffs Sour Sentiment for MSMEs

#VeritasFinance #IPOUpdate #MSMEs #NBFC #USIndiaTrade #MarketSentiment #FinancialInclusion #SMECredit #CapitalMarkets #EconomicOutlook Mumbai:Veritas Finance Pvt. Ltd., a non-banking finance company (NBFC) specializing in lending to micro, small, and medium enterprises (MSMEs), has decided to postpone its much-anticipated ₹2,800-crore Initial Public Offering (IPO), citing adverse market sentiment triggered by recent US tariff hikes. The move underscores the vulnerability of India’s MSME-focused lenders to global trade disruptions and rising economic uncertainties. Background: Veritas Finance’s Growth Story Founded in 2015 and headquartered in Chennai, Veritas Finance has built a niche lending model around small entrepreneurs, traders, transport operators, and low-income households. The company provides: Working…
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India Sees Surge in OPD Spending, but Insurance Adoption Remains Limited: Experts

India Sees Surge in OPD Spending, but Insurance Adoption Remains Limited: Experts

#HealthcareIndia #OPDSpending #InsuranceGap #HealthInsurance #MedicalCosts #OPDCoverage #FinancialProtection #HealthcarePolicy #OutOfPocketExpenditure #InsuranceAwareness New Delhi: India’s healthcare landscape is witnessing a significant shift with outpatient department (OPD) spending rising sharply, yet the adoption of OPD insurance coverage continues to remain restricted. Experts note that while hospitalisation insurance products have seen steady penetration in the past decade, the inclusion of OPD benefits within health policies has not kept pace, leaving individuals to shoulder a large share of their day-to-day medical costs. According to healthcare and insurance industry specialists, the growing burden of OPD expenditure is being driven by factors such as lifestyle-related illnesses, preventive…
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Globtier Infotech Ltd Launches ₹31-Crore IPO on BSE SME Platform

Globtier Infotech Ltd Launches ₹31-Crore IPO on BSE SME Platform

#GlobtierInfotech #IPO2025 #SMEIPO #BSESME #IndianStockMarket #TechIPO #ITServices #CapitalMarkets #IPOAlert #InvestmentOpportunity #DigitalIndia Mumbai: The primary market in India continues to remain active in 2025, and the latest company preparing to make its debut is Globtier Infotech Ltd, a Noida-based IT services provider. The company has officially launched its Initial Public Offering (IPO) to raise ₹31.05 crore, with shares set to be listed on the BSE SME platform. The issue opens for subscription on August 25, 2025, and will close on August 28, 2025. Shares are expected to debut on the exchange on September 2, 2025. The public issue is expected to…
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SEBI Clears Ardee Engineering’s ₹580-Crore IPO, Company Gears Up for Market Debut

SEBI Clears Ardee Engineering’s ₹580-Crore IPO, Company Gears Up for Market Debut

#ArdeeEngineering #IPO2025 #SEBI #IndianMarkets #CapitalMarkets #StockMarketIndia #EngineeringSector #EPC #InfrastructureGrowth #MakeInIndia #InvestmentOpportunities #DalalStreet Mumbai: In a fresh boost to India’s primary market activity, the Securities and Exchange Board of India (SEBI) has given its approval to Ardee Engineering Limited for launching its ₹580-crore Initial Public Offering (IPO). The nod from the capital markets regulator paves the way for the Hyderabad-based engineering services and project execution company to hit Dalal Street in the coming months, subject to favourable market conditions. The approval comes at a time when investor appetite for new listings has been robust, particularly in the infrastructure, engineering, and manufacturing…
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IPO: Vigor Plast India Launches SME IPO Amid Promising Growth Trajectory

IPO: Vigor Plast India Launches SME IPO Amid Promising Growth Trajectory

#VigorPlastIPO #SMEIPO #NSEEmerge #PVCpipes #uPVC #Manufacturing #CapitalMarkets #IndiaIPO #FinancialGrowth #InvestSmart Mumbai – Vigor Plast India, a Gujarat-based manufacturer specializing in CPVC, uPVC, and PVC pipes and fittings, is entering the public markets with its upcoming SME IPO. The company’s Initial Public Offering opens for subscription from September 4 to September 9, 2025, and will be listed on the NSE EMERGE platform. IPO Structure and Financial Strategy The IPO comprises a fresh issue of approximately 24.99 lakh equity shares alongside an offer-for-sale of up to 6 lakh shares by promoter shareholders, including members of the Kathiriya family. This brings the total shares…
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