D B Realty raises Rs 920 cr by selling shares to institutional investors via QIP

D B Realty raises Rs 920 cr by selling shares to institutional investors via QIP

D B Realty on Thursday said it has raised Rs 920 crore by selling shares to institutional investors, including Morgan Stanley Asia, to fund its real estate projects and strengthen balance sheet. The company launched its Qualified Institutional Placement (QIP) issue on March 7 and the issue was closed on March 13. In a regulatory … Read more

End may be in sight for global rate-hike cycle as Fed nears peak

End may be in sight for global rate-hike cycle as Fed nears peak

Most global central banks may be either close to a peak or already done with interest-rate hiking, auguring a hiatus before possible monetary loosening comes into view. With the first signs of dents in economic growth now visible, and fallout from financial-market tensions lingering, any pause by the Federal Reserve after at least one more … Read more

Our main focus is to strengthen our balance sheet: Saurabh Chawla, GMR Infra

Our main focus is to strengthen our balance sheet: Saurabh Chawla, GMR Infra

“It is a large market and as India’s economic growth gathers steam as per capita income goes above $2500, there will be an increase in movement and shift from rail travel to air travel and we want to capture that opportunity for sure,” says Saurabh Chawla, GMR Infra. After the last few years of restructuring, … Read more

Wild stock market reversals put dip-buyers on pace for historic year

Wild stock market reversals put dip-buyers on pace for historic year

In the 2023 stock market, when one group of companies falls out of favor, another has usually been ready to take its place. The latest winner is firms with the riskiest credit, poised for their best week since January versus their sturdier-balance-sheet counterparts. The outperformance is happening as credit-market stress eases, helping push the S&P … Read more

ETMarkets Fund Manager Talk: Balance sheet clean-up widened investment avenues in debt instruments: Vivriti AMC

ETMarkets Fund Manager Talk: Balance sheet clean-up widened investment avenues in debt instruments: Vivriti AMC

The private credit has grown significantly not only in India but across the world, particularly post the pandemic. India’s corporate credit has gone through a phase of very good balance sheet strengthening, which has widened the space for investments in debt instruments, according to Mohamed Irfan, fund manager – private credit, Vivriti Asset Management. “We … Read more

Why Aishvarya Dadheech is a contra buyer in midcap IT

Why Aishvarya Dadheech is a contra buyer in midcap IT

“In our portfolio, we have players like Persistent and . Initially, in the next couple of quarters, there will be low growth but over the next two to three years, they can do more than 10-12% kind of revenue growth because the headwinds of rising wage hike and other related costs are almost behind us. … Read more

Longer, secular trend in manufacturing to continue in India: Ravi Dharamshi

Longer, secular trend in manufacturing to continue in India: Ravi Dharamshi

“Even if we get the fact that there is going to be a recession in developed markets most probably in US as well, still how the markets are going to react is anybody’s guess,” says Ravi Dharamshi, ValueQuest Investment Advisors. Share some money-making idea to start the new year with. Market has its rhythm but … Read more

Roadmap for 2023: What equity, debt investors can expect from the new year

Roadmap for 2023: What equity, debt investors can expect from the new year

Every December, the world gets dressed in its wintery best and gazes towards the promise of new beginnings. In the words of journalist and author William E. Vaughan, “An optimist stays up until midnight to see the New Year in. A pessimist stays up to make sure the old year leaves.” For investors and traders, … Read more