ACME Solar Holdings’ wholly-owned subsidiary, ACME Venus Urja Private Limited, has secured long-term project financing of ₹3,892 crore from the State Bank of India (SBI). This marks ACME’s largest funding arrangement with SBI and is the bank’s first investment in ACME’s Firm and Dispatchable Renewable Energy (FDRE) projects.…
Summary: Reliance Power Ltd (NSE: RPOWER) has issued a clarification after Bank of Baroda classified the loan account of Reliance Communications Ltd (RCom) and Mr. Anil D. Ambani as fraud. The company stressed that this action has no impact on its operations, financials, or stakeholders. Matters Relating to…
Aditya Birla Capital Limited (ABCL) has announced that its wholly owned subsidiary, Aditya Birla Capital Digital Limited (ABCDL), has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. The approval, dated August 20, 2025 and received on August 26, was…
View on market: Volatility persists, eagerly searching for growth Asian markets showed mixed trends as trade tensions rose and the US dollar strengthened. Investors reacted cautiously after fresh tariff-related comments from President Trump, suggesting higher blanket tariffs on most trading partners. Meanwhile, US stock futures turned negative after…
View on market: Volatility persists, eagerly searching for growth Asian equity markets showed a mixed trend as investors stayed cautious due to uncertainties around global trade, especially after the U.S. president ruled out any delay in upcoming tariffs. Japanese and South Korean markets posted small gains, while Australian…
DLF is India's one a leading real estate developer and DLF is primarily engaged in the business of development and sale of residential properties (the “Development Business”) and the development and leasing of commercial and retail properties (the “Annuity Business”). DLF has developed more than 185 real estate…
April 9, 2025
Market View 9th April, 2025
View on market: Volatility Prevails, Market is searching for better value Asian markets opened lower on Wednesday as investor sentiment turned cautious following the U.S. government's decision to impose significant tariffs on several trade partners, with the highest rate targeting Chinese goods. This move raised concerns over global…
The paradigm of financial planning has changed a lot over time. In the past, the formula for financial health was simple: Income - Savings = Expenses. People focused on saving first because priorities in life made their financial goals clear. However, this approach has evolved. Today, many individuals…
About ICICI Prudential Energy Opportunities Fund: India’s energy demand is expected to grow over the decade due to various factors like Growth in Per Capita Income, India’s focus on Manufacturing, Climate Change, etc. This expected growth, combined with government reforms in the energy theme, and India’s growth story…