Fitch Ratings Highlights Strategic Value Of Adani Ports’ Acquisition Of NQXT
Fitch Ratings has assessed APSEZ's acquisition of the NQXT as credit neutral, while emphasising its positive strategic value for the company.
Adani Energy Solutions Posts Record Profit In FY25; PAT Doubles To Rs 2,427 Crore
Adani Energy Solutions Ltd (AESL) posted a record FY25 performance, with PAT soaring 103% YoY to Rs 2,427 crore.
Fitch Maintains India’s FY26 GDP Growth At 6.5%; Lifts FY27 Estimate
Fitch keeps India’s FY26 GDP forecast at 6.5%, raises FY27 estimate to 6.3%, as per its March Global Economic Outlook report.
PSUs To Deliver Record Dividend Boost For Investors
Public sector undertakings (PSUs) will likely distribute an unprecedented Rs 1.3-1.4 lakh crore in dividends this fiscal year, benefiting both the government and retail investors.
Adani Group Reports Record Rs 86,789 Crore TTM EBITDA; Driven By Infrastructure Business
The Adani Portfolio has achieved its highest-ever TTM Rs 86,789 crore TTM EBITDA, driven by its infrastructure business.
Indian Railways Achieves Budget Goals With Swift Project Implementation In 2024-25
Indian Railways has made significant progress in meeting its financial targets for the 2024-25 fiscal year, with 76 percent of its allocated budget already spent in the first nine months.
Adani Enterprises Shares Surge Nearly 5%; Bullish Outlook Predicted
Shares of Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, saw a nearly 5% surge in early trading on Monday.
India May Miss ₹11.1 Trillion Capex Target For FY25, Inflation Remains Key Concern
Retail inflation hit a 14-month high in October, driven by rising prices of edible oils, onions, and tomatoes. Despite this, Seth reaffirmed the government’s growth projection of 6.5%-7% for FY25, with no downside risks expected
India To Increase Capital Expenditure By 8-10% In FY25
India aims for strong economic growth as the government plans an 8-10% increase in capital expenditure for FY2025, raising it from Rs 11.11 lakh crore.
