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Finance Industry
Equity capital markets see record year for underwriting fees, reaches $471 mn
Thanks to a flurry of initial public offerings, block deals and private placements, underwriting fees in the equity capital markets (ECM) rose 110% from a year earlier to touch $471 million, data from the London…
Avaada Plans Rs 1L-cr Investment To Spur RE In Rajasthan
Highlights :
The planned investment will fund major green energy initiatives, including a 1.2 GW-Pumped Hydro Storage Project, a 1 MTPA-Green Ammonia Project, a 1 GW-Wind Power Project, and a 10 GW-Solar Power Project.
Avaada…
Odisha aims at attracting Rs 5 lakh crore investment in 5 years: CM
Bhubaneswar: The state government has set a target to attract investment worth Rs 5 lakh crore to Odisha in next five years.
“Odisha aims at attracting investment worth Rs 5 lakh crore in five years,” said Chief Minister Mohan Charan Majhi…
Key Role of Energy Planning to Drive Just Transition Investment in Global South
IRENA reports underscore critical role of energy planning in unlocking investment opportunities in emerging markets and developing economies; recommend de-risking and public finance leverage to scale investment
Abu Dhabi, United…
Supreme Court pulls up finance ministry for burdening debt recovery tribunals as cases pile up
The rebuke followed a report submitted by the presiding officer of the DRT in Visakhapatnam to the top court, revealing that the quasi-judicial body’s staff had been directed to assist the finance ministry in tasks…
Three-Arbitrator Tribunal To Become Sole Arbitrator Tribunal On Failure Of Party To Appoint Its…
The Delhi High Court has resolved to examine an arbitration clause in the General Conditions of Contract (GCC), if the same is affected by the line of judgments following Perkins Eastman Architects DPC v. HSCC (India) Ltd, Bharat…
India’s manufacturing sector growth of 7% in Q1, highlights further potential – Economy…
By Vinay K Srivastava
India’s GDP growth rate for the first quarter of fiscal year 2024-25 is estimated at 6.7%, a significant fall from the 8.2% growth recorded in the same quarter a year ago. This is the slowest GDP growth rate in five…
Bridgewise offers conversational AI investment tool BRIDGET
Bridgewise introduces conversational AI investment…
IAG Limited Layoffs: Insurance Company To Lay Off Around 200 Employees Amid Restructuring Efforts
New Delhi, October 2: Insurance company IAG will reportedly lay off around 200 employees as part of restructuring efforts to streamline operations. As per reports, the job cuts may involve its Direct Insurance…
Change in rules on surrender value takes effect
Life insurance policyholders are entitled to receive a higher surrender value following new rules from the IRDAI which took effect from 1 October.
Policyholders will now be eligible for a guaranteed surrender value from the…