Brookfield India Real Estate Trust‘s board on Monday approved raising of funds by institutional placement of units. The issue today opened for receiving the bids. The company has set the floor price at Rs 287.55 per unit. The announcement was made post market hours and shares of Brookfield India REIT ended at Rs 290.49 on … Read more
Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as things come back, we should be holding our projections and FY25 should be one of the strongest years in the last five-six years in the history of the company. … Read more
New Delhi: Indegene partnered with Microsoft on Thursday to leverage generative AI for the medical industry, the company informed the exchange in a filing. The partnership aims to help empower global life sciences companies to scale up the adoption of enterprise-grade Generative AI (GenAI) services, driving faster innovation. Indegene provides digitally enabled commercialization services for … Read more
Citi expects fintech major Paytm to clock sustained growth in operating profitability going ahead breaking even in the previous quarter. The global investment bank has raised the target price to Rs 1,103, implying an upside potential of 71%. Paytm is likely to report a decent fourth quarter with further improvement in net payment and overall … Read more
During the days of easy money, one of the most widely tracked numbers in credit markets became an unfortunate punchline. Ebitda, which stands for earnings before interest, taxes, depreciation and amortization — a figure that’s akin to a company’s cash flow and, thus, its ability to pay its debts — was instead mocked as a … Read more