Nisarg Shah

Smart riders adapt to the turns. DSP BUSINESS CYCLE FUND – New Fund Offer @ Rs. 10/- available till 11th Dec 2024. (An open ended equity scheme following business cycles based investing theme ) Benefits : * Framework-driven selection of industries & companies with high growth /turnaround potential * Does not shy away from taking cash calls or using other risk management strategies * Recommended holding period of 5+ years  * Flexibility that allows for aggressive allocation of significant weights to industries in an upcycle * Suitable for all market phases given its unconstrained nature Focused on identifying strong industry cycles * Unconstrained by market cap: Can include companies from large, mid, small, and micro caps.  * Sector & Industry evaluation: After grouping the investment universe into broader sectors, the evaluation is done at industry level. * Industry Preference: Prefers industries near the bottom of the cycle with the potential for improving or strong fundamentals but trading at low valuations compared to benchmark and on an absolute basis. * Forensic evaluation: Exclude companies with weak corporate governance with the help of dedicated forensic analysts even if they have strong growth expectations * Stock Selection: Identifying stocks from industries which have high growth potential, improving fundamentals & higher potential upside. Such stocks shall be given higher weights N J Fin Plan recommends to invest- Insure, based on your financial goals & risk appetite. N J Fin Plan can offer Mutual Fund Investments, Life, Health, Motor & Travel Insurance Online. To open E-wealth account with N J Fin Plan http://p.njw.bz/55096 Call / Write  N J Financial Planning Off No.15, Kappeesh Mall, Near Mulund Railway Station, M G Road, Mulund West, Mumbai 400 080 +98924 22480 / [email protected] www.njfinplan.com #financialplanning #wealthcreation #mumbai #sip #india #swp #mutualfunds

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We hear there is discomfort amid distributors of large FMCG companies over quick commerce engagement !! While this mostly is "profit booking", it will be interesting to see how FMCG companies find a path to pacify all stakeholders and continue to maintain path of growth

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*Business News Headlines* *Economic Times* Ø Adani gets NCLT nod for ₹4,101 Crore Lanco Amarkantak Power acquisition Ø Blackstone-owned International Gemological Institute files papers for Rs 4,000 Crore IPO Ø Centre urges states to adopt new tech initiatives for better farm data Ø Euro zone business activity gets boost from Olympics, PMI shows Ø Dabur signs MoU with Tamil Nadu government to set up its first manufacturing unit in South India Ø Wipro Hydraulics opens Rs 250 Cr manufacturing facility in Jaipur Ø India's steel sector's tech investment likely to hit $2.7 Bn by 2030: Report Ø InvestorAi secures Rs 80 Crore in equity funding from Ashish Kacholia Ø Hangyo Ice Cream raises Rs 211 Crore from Faering Capital Ø Formal job creation under ESIC up 6.9% to 2.16 Million in June: Payroll data *Business Standard* Ø Bajaj Auto gets DVA certificate for all 15 Electric vehicle models Ø Govt open to resolve $3.9 Billion tax dispute with Infosys, says report Ø Hindalco expansion plan entails $10 Billion investment, says KM Birla Ø ONDC integrates nine LSPs, three lenders to extend credit to customers Ø Warburg Pincus to sell entire 9.17% stake in Kalyan Jewellers India Ø LIC Housing Finance raises Rs 1,050 Crore through 5-year bond at 7.75% Ø BC Jindal Group lines up green energy foray with $2.5 Bn investment Ø Wipro extends relationship with John Lewis Partnership for 4 years Ø Opkey raises $47 Million in Series B funding led by PeakSpan Capital Ø Flipkart-backed super money aims to be among top five on UPI leaderboard Ø Softer rise in manufacturing output slows flash PMI to 60.5 in August Ø CBDT forms committee to review I-T Act, 'sunset' clauses to be eliminated Ø Govt bans 156 fixed dose combination drugs over health risk concerns *Financial Express* Ø Railway freight up 5% in Q1; freight charges to come down to maintain growth rates Ø India emerges top talent magnet as global job searches surge 60% Ø Sebi comes down hard on RIAs giving trading calls Ø Ambuja promoters to raise $500 Mn through sale of 2.84% Stake Ø RBI streamlines payments, allows instant auto top-ups for FASTag and NCMC Ø DGCA suspends approval for Bhopal-based International Aircraft Sales following safety audit Ø ERP testing startup Opkey raises $47 Million in Series B round from PeakSpan Capital, existing investors Ø Yuma Energy crosses 1 Million monthly battery swaps in 18 months *Mint* Ø MUFG invests additional $334 Million in DMI Finance Ø Zomato to shut down intercity ‘Legends’ services with immediate effect Ø India calls for united African stance on WTO reforms and key Global issues Ø GAIL, US-based Petron to form JV for Bio-Ethylene plant Ø Govt likely to discontinue sovereign Gold bond issue: Report Ø Budget Carrier AirAsia Gets $443 Million Private Credit Funding Ø Birla Fertility acquires BabyScience in ₹500-cr push for 100 IVF clinics by FY28

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Today's Headlines from : *Economic Times* 📝 MHA issues new fund norms for 'recovery, reconstruction' after 15th Finance Commission's suggestions 📝 OPEC+ agrees to delay October oil output hike for two months, say sources 📝 WACR drops to 6.49% amid surplus liquidity, just below RBI repo rate 📝 Brookfield-backed Data InvIT raises nearly $1 bln in rare bond deal to fund ATC India purchase 📝 Singapore plans to invest huge amount in India in coming years: Piyush Goyal 📝 FSDC panel reviews macro developments 📝 Automobile sales declines 7.01 pc in August, above normal monsoon attributed to poor performance: FADA 📝 ADIA-backed India fund to seek $4 billion for infrastructure 📝 Govt issues allocation orders for three coal mines; expect to generate employment to nearly 40,560 people 📝 Railways achieves 653 MT freight loading by August of FY 2024-2025: Railway Board 📝 A backpacker hostel chain the Hosteller raises $4 million from V3 Ventures, others 📝 Rapido raises $200 million in funding led by WestBridge; valuation hits $1.1 billion 📝 Recycling startup RecommerceX raises $3.6 million in round led by Accel, Kae Capital *Business Standard* 📝 Jio marks 8th anniversary celebration with offers on select recharge plans 📝 Glenmark to pay $25 million as part of settlement with US authorities 📝 SC directs Sahara to deposit Rs 1,000 cr, allows JV to develop Mumbai land 📝 Adani Group in talks with global banks to sell $1.5 billion of dollar bonds 📝 SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits 📝 Amazon set to exceed $13 billion in Indian exports by end of 2024 📝 High-level delegation of US pension funds to visit India next week 📝 Companies raise concerns over subsidy refund in proposed ELI scheme 📝 Switzerland govt submits EFTA-India trade agreement to Parliament 📝 Irdai asks insurance companies to integrate IT systems with Digilocker 📝 India becomes top weight in MSCI EM Index, surpassing China for first time 📝 Sebi sets up new expert group of 22 members on listing obligations 📝 Demat accounts hit fresh high in August, surpass 171 million mark 📝 Meta, Telangana govt partnership for e-gov, citizen svcs leveraging AI tech *Financial Express* 📝 EaseMyTrip enters into electric bus manufacturing segment, announces launch of Easy Green Mobility 📝 SCOPE infuses $1 million in Goodeebag to accelerate expansion, market presence 📝 Govt steps up MSP operations for pulses; assured purchases in 76 districts across 12 states 📝 Contraction in states’ capex continues, down 17% in April-July 📝 Flybig to start seaplane operations in Andaman and Nicobar 📝 Festive hiring to surge 20% in 2024; e-comm, logistics, q-commerce lead in job creation 📝 Coal India aims to add 5-GW green energy capacity by 2028 📝 Edtech sector sees 87% decline in funding since 2021

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"Think your AIF can sneak into the Anchor Investor club? Not anymore! 🚫" SEBI's new rules have tightened the doors on backdoor QIB entries. If you’re managing an AIF, it’s time to double-check your investors status. AIFs acting as QIB and Anchor investors might need to re-think their entire structure. Click on the article below for further insights: https://lnkd.in/gV7MjPrG

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SEBI's Special Call Auctions: A Game-Changer for India's Holding Companies Holding companies in India manage diverse business interests but often face double taxation and complex structures, leading to market undervaluation. Giants like Bajaj Holdings struggle with these issues, deterring investors. SEBI is launching special call auctions for holding company stocks in October to boost trading activity and investor interest. This move could transform the market. The call auction system, used for infrequently traded stocks, could enhance transparency and accurate valuation by concentrating trades into specific periods, addressing the price inefficiencies holding companies suffer due to low trading volumes. SEBI envisions a vibrant marketplace where everyone has a fair trading chance. Annual call auctions could attract both institutional and retail investors, improving market perception and stock performance. However, success hinges on several factors. Firstly, educating investors is crucial. Fintech platforms and brokers must clarify the workings of holding companies and call auctions through webinars and research reports. Secondly, technology is key. Advanced trading platforms and real-time data analytics are essential to handle increased auction activity. Fintech companies can innovate, providing insights into market trends and auction outcomes, boosting investor confidence. Lastly, SEBI’s continuous support and monitoring are vital. Regular feedback and adaptive policies can refine the auction process over time. As we near this initiative, the question is whether special call auctions will revitalize India's holding companies. By increasing liquidity and unlocking value, SEBI's strategy could change investor perceptions and revive interest in these crucial market players. With October approaching, anticipation builds for this innovative approach to close the gap between potential and performance.

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Warning to God (Good) businessman. The capital markets are dirty as it gets… I got approached by an OTC company called Demand Brands DMAN to take over controlling interest and become CEO of their stock. I was to dedicate the brand Lucky Chief, a 17 acre 1-1 CBD campus including the real estate, patented and AOSCA certified Blue Kross hemp variety, full catalog of over 100 cannabis genetics and interest in a Type 7 lab in N. Ca. When I took over within a year I raised the share price 15x and attracted 8m from an institutional investor based on my rev and vertical integration strategies. It was at that point the main shareholder who was a very wealthy ex Hollywood movie producer decided he wanted the $$ and control back. Being he was still the admin (My big mistake) on the filings he took me out as CEO and started fraudulently filing in my name. They had the transfer agent rescind my 25m in shares. They stole all my rev and product. Then sued me… I went through the worst time of my life the next two years in court and almost gave up and just took a judgment which would have ruined me. 45 days ago I won the case and the appeal!!! Luckily I had the best judge I could have asked for. They had a team of lawyers that were trying to intimidate me and the judge. The judge stood his ground and justice prevailed. They accused the judge of conspiring with me behind closed doors (their biggest mistake. Lol) I received all my assets under my fund back and now can go after them for damages. So if anyone knows of a good SEC attorney who wants to go after damages I have an award and animosity ready to go after them. I decided to reopen my fund and keep it private. We opened a broker house under the fund so we can treat hemp as a legitimate commodity and have several agents now brokering hemp commodities world wide with a standard SOP, chain of custody and double coa for THCA products. We utilize our escrow and factoring in order to facilitate deals for agents. We have identified some great hemp projects and now really focused on THCA genetics and licensing the patented Zero THC Blue Kross. Our chain of CBD dispensaries with the hybrid model are expanding and looking for new partners. SacTown CBD Elk Grove CBD Benicia CBD You can check out www.VirideResearch.com for our latest updates. We are recapitalizing the fund for 5m to dedicate to the latest projects. If you’re interested please request our accredited investors form and we will email you a copy of our PPM. Viride Research Fund - CEO- Ian Dixon

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PE-VC funding to remain subdued in 2024 even as long-term India outlook strong: Bain & Company-IVCA report “While the long-term outlook for India remains strong, we nonetheless expect that 2024 will see deal activity somewhat subdued compared to 2021/H1’22 due to elevated interest rates, continued geopolitical uncertainty and sluggish GDP growth – notably in end-markets such as Europe and the US,” Gustaf Ericson, Associate Partner, Bain & Company told FE Aspire. Read full story here https://bit.ly/3V3buFX

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Mutual Fund (MF) is the most common investment product for Indian investors. Be it retail or HNI investors, wealth managers, investment product distributors, research analysts or fund managers, all have a keen interest in this instrument. We are starting a MF performance report series to give you insight on performances for each MF category. You get to understand distribution of returns - highest, lowest, average, median returns of mutual funds across categories and time periods. See where your investment stands compared to the entire pool. See which categories were able to beat the benchmark.  Key highlights of the April 2024 issue of the MF Monthly Report: 🖋All funds in broad categories (Large, Mid, Small, LargeMid, Multi, Focussed, Flexi) have delivered healthy returns over longer period  🖋Most funds in broad categories (except MultiCap) have underperformed their respective benchmark in both short and long term 🖋Value & contra funds outperformed benchmarks by significant margin across most periods 🖋BFSI & IT sectoral funds found it easier to outperform benchmark. However, sectoral funds saw higher volatility even in longer periods  Hope you find it valuable. Any suggestions? Please let know in comments. #MutualFunds #InvestmentAnalysis #FinancialInsights

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WhiteOak Capital Mutual Fund has launched its latest new fund offer (NFO), the 'WhiteOak Capital Digital Bharat Fund,' an open-ended equity scheme that focuses on technology and technology-related companies. The NFO is open for subscription till on October 4, 2024. The primary objective of the fund is to offer long-term capital appreciation by investing primarily in equity and equity-linked instruments of technology-focused companies. * Our reliance on technology continues to grow as we seek innovative solutions to everyday challenges.  * Technological advancements are revolutionizing business operations, driving efficiency and innovation across industries.  * In India, new-age businesses are leading 'Digital Bharat' by leveraging cutting-edge technology to enhance innovation, efficiency, and inclusivity. These agile and digital-first companies are transforming traditional industries with AI, ML, and IoT.  * They redefine customer experiences, streamline operations, and expand market reach. From fintech firms improving access to financial services through digital platforms to e-commerce giants reaching remote areas, these businesses play a crucial role in creating a connected digital economy.  * Advancements in cloud computing, data analytics, and automation further foster innovation in healthcare, education, agriculture, and logistics, contributing to the vision of ‘Digital Bharat’.  * The ‘WhiteOak Capital Digital Bharat Fund’ aims to capitalize on this trend by investing in technology and tech adjacent companies, aiming for long-term wealth generation. As India's digital economy expands, the fund is poised to leverage the evolving tech landscape, offering investors a pathway to benefit from ongoing digital transformation The WhiteOak Capital Digital Bharat Fund is designed to capitalize on the rapid growth of India’s digital economy. Here are some key reasons why it might be an attractive investment: Focus on Technology: The fund primarily invests in technology and tech-adjacent companies, which are expected to drive significant growth in India’s economy. Long-term Wealth Generation: By targeting sectors poised for expansion, the fund aims to generate long-term wealth for investors. Experienced Management: The fund is managed by a team of experienced professionals, including Ramesh Mantri, Trupti Agarwal, Dheeresh Pathak, and Piyush Baranwal, who bring a wealth of knowledge and expertise. Diversification: While the primary focus is on technology, the fund also has the flexibility to invest in other sectors, debt securities, and money market instruments, providing a balanced approach to risk and return. N J Fin Plan recommends to invest- Insure, based on your financial goals & risk appetite. To open E-wealth account with N J Fin Plan http://p.njw.bz/55096 N J Financial Planning Off No.15, Kappeesh Mall, Near Mulund Railway Station, M G Road, Mulund West, Mumbai 400 080 +98924 22480 / [email protected] www.njfinplan.com

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Today's Headlines from Economic Times 📝 Edelweiss Financial announces Rs 200 crore NCDs with up to 11% annual yield 📝 Sebi outlines specific due diligence of investors, investments of AIFs 📝 Hyundai Motor India IPO opens next week with likely price band of Rs 1,865-1,960: Report 📝 Gross enrolments under Atal Pension Yojana cross 7 crore mark 📝 Centre eases export norms for some dual use software, tech items to 41 nations 📝 Global recognition race drives CSR spend on sports, art 📝 US trade deficit narrows sharply in August 📝 Tata Motors Group global wholesales down 11 pc at 3,04,189 units in Q2 📝 Patanjali Foods gets CCI nod for Rs 1,100-crore buyout of parent's home & personal care business 📝 Torrent Power to supply of 2,000 MW Energy Storage Capacity to MSEDCL 📝 BioPrime raises $6 million from Belgium’s Edaphon, others 📝 Andrew Ng’s fund invests in AI healthcare platform Jivi 📝 Road safety startup Nayan Tech raises $2 million *Business Standard* 📝 Embassy Reit raises Rs 2,000 crore to repay NCDs maturing in October 📝 Consortium backed by 10 biz leaders to hold inaugural quality symposium 📝 Foxconn arm Yuzhan Technology to infuse Rs 13K cr to set up TN factory 📝 GIC considering possible sale of 50% stake in Greenko Energy: Report 📝 Essar aims to turn Stanlow into world's 1st decarbonised green refinery 📝 Akasa Air to run safety tests on 14 of 25 planes amid rudder issue 📝 Tata Tech-BMW form 50:50 JV to focus on software-driven solutions 📝 Beverage major PepsiCo sees double-digit organic revenue growth in India 📝 IndoSpace to invest Rs 4,500 crore in Tamil Nadu logistics parks 📝 ICICI Bank, PhonePe partner to provide credit line on UPI for customers 📝 Magicpin largest food delivery app on ONDC, logs 150,000 orders daily 📝 Amneal Pharma to invest Rs 1,600 crore in Gujarat to make GLP-1 drugs 📝 Banks should avoid long-term, high-risk lending: FM Nirmala Sitharaman 📝 Adani Green's 4 subsidiaries plan to raise up to $1 bn in dollar bonds 📝 Non-life premiums fall 6.5% in September as crop, auto segments drag 📝 NSDL gets Sebi nod for IPO over a year after filing offer document *Financial Express* 📝 Cognizant favoured H-1B holders over non-Indian workers 📝 Infosys expands collaboration with Old National Bank for digital transformation 📝 Sleepwell parent Sheela Foam to acquire 10.5% stake in Furlenco 📝 Airtel, Nokia collaborate to drive sustainability initiatives for mobile networks 📝 Trai dismisses Jio’s demand for revising satcom spectrum pricing paper 📝 India can generate 8-10 million tonnes of sustainable aviation fuel by 2040: Report *Mint* 📝Govt directs big retailers to reduce pulses prices in line with mandi trends 📝 Oil sheds 5% over ceasefire talks in Lebanon amid Israel-Iran war; Brent at $77 📝 Biden's overseas trips cancelled as US awaits ‘potentially catastrophic’ storm 📝 Sebi proposes new rules for sharing for financial market data

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The INR 12,864 crore investment in Reliance Retail by Abu Dhabi Investment Authority (ADIA) is only the beginning of wealth creation enabled by Sovereign Wealth Funds(SWFs). Here’s what you need to know about SWFs – SWFs are instrumental in creating wealth for economies and their nationals. SWFs usually invest the state’s surplus revenue in a diverse range of assets to create long-term wealth and economic stability for its citizens. What is interesting is that SWFs are making bold moves, and India has become one of their top destinations. Just last month, ADIA, the largest sovereign wealth fund in the United Arab Emirates(UAE), started operations in India's GIFT City . They have already committed to investing USD 75 billion in Indian projects, including a USD 4-5 billion allocation through the GIFT City. SWFs manage over a staggering USD 12.6 trillion worldwide, and their investments in India can drive growth across industries. Currently, we are seeing high interest in the infrastructure, technology and sustainable energy sectors.  In the latest newsletter, I have covered- ➡️ The global significance of Sovereign Wealth Funds (SWFs)  ➡️ How the top 3 SWFs invest  ➡️ What makes India a leading destination for SWF investments ➡️ Sectors in India that are drawing the attention of the biggest SWFs The message is clear: India’s potential is on the global radar, and Sovereign Wealth Funds are betting on it. 🔗 Read the complete analysis here: https://lnkd.in/d3jtAvt7 Join 300,000+ wealth creators who receive our weekly insights on investing, business, and wealth creation (SUBSCRIPTION LINK IN COMMENTS). #SovereignWealthFunds #IndiaGrowth #CreateWealth #Dezerv

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Is the Indian market under leveraging the potential of debt funding? India’s debt funding game is wide open. Corporations need it for expansion, while SMEs and startups rely on it to fuel growth. Add in booming infrastructure projects and the steady rise of home and personal loans, and the scope is massive! Yet, we’re barely scratching the surface. India’s equity market is thriving. Our total market cap just hit a record $5.5 trillion in May 2024, as per Bloomberg. The country’s growth ambitions, however—which include becoming the third-largest economy by 2027 and a developed nation by 2047—are at risk without a liquid and deep debt market. Private-sector investments cannot reach their full potential without robust corporate bonds to balance risk and drive financial stability. Alternate financing solutions like revenue-based financing can be a lifeline here. According to the India Digital SME Credit Report 2023, the alternate financing market will grow into a $60 billion opportunity by 2027. Currently, alternate finance holds a modest 5% share, with projections of it doubling to 11% in just five years.   In short, there’s plenty of room for both investors and SMEs to cash in on this booming space! What we need are structured pathways to boost debt fund penetration in the Indian market. At Debtworks, we recognize the untapped potential in this space. As part of our mission to make alternate financing accessible to everyone, we tailor debt solutions for quick and hassle-free funding. #DebtFunding #FinancialGrowth #AlternateFinance #DebtSolutions #CorporateBonds #IndianMarket #Debtworks

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Today's Headlines from : *Economic Times* 📝 3,638 FDI proposals cleared in sensitive sectors since 2019 📝 NARCL ups offer for Jaiprakash Associates debt to Rs 12,000 crore 📝 Festivals take e-toll collections to a record ₹6,000 crore in October 📝 Railways switches to fast track for Kavach rollout 📝 India tops global diabetes list with 212 million cases in 2022: Lancet Study 📝 Nokia to roll out 3,300 new 4G sites by March for Vi expansion 📝 Morgan Stanley, 2 others pick 6.8 pc stake in PNB Housing Fin for Rs 1,664 crore 📝 Nalco Q2 Results: Profit rises multi-fold to Rs 1,046 crore; Rs 4 per share dividend announced 📝 NBCC Q2 Results: Profit jumps 53% to Rs 125.13 crore 📝 Kalpataru Projects International bags orders worth Rs 2,273 crore 📝 Ecommerce AI startup BiteSpeed raised USD 3.5 million 📝 SaaS startup Zeplyn raises $3 million from Leo Capital, others 📝 Space startup Firefly valued at over $2 billion in latest funding round *Business Standard* 📝 Brigade Enterprises Q2FY25 results: Reports 46% increase in sales value 📝 Marriott International, Samhi Hotels ink pact to open 3 properties in India 📝 India's Adani Group to invest $10 billion in US energy following Trump win 📝 Dilip Buildcon Q2 results: Net profit rises threefold to Rs 235 crore 📝 ONGC to soon open 5 wells in KG basin to boost gas, crude output in H2FY25 📝 NCLAT directs IL&FS to complete resolution of remaining firms by March 31 📝 ICAI to knock on MCA door against proposed audit standard revision 📝 India's outward FDI rises to $3.7 billion in October 2024: RBI data 📝 Mkt regulator Sebi mulls action for lapses in Artificial intelligence usage 📝 Festive season stabilises PV sales, 2Ws jump 14%; over 393K vehicles sold *Financial Express* 📝 Economists revise FY25 CPI inflation estimates to 4.7-5 per cent 📝 IN-SPACe taps DoT to cut spectrum price for Spacetech startups 📝 Eicher Motors Q2 profit rises 8 per cent to Rs 1,100 crore 📝 Power ministry readies interest subvention scheme for MSMEs 📝 Karnataka to organise venture capital connect with $17 billion investment potential 📝 IPO-bound NTPC Green plans to invest Rs 1 lakh crore by FY27 📝 Indebtedness of states expected to remain rangebound at 31-32% this fiscal, says CRISIL *Mint* 📝 US October inflation rises 2.6% YoY in first annual acceleration since March 📝 UN to come up with solutions to support countries cope with extreme heat 📝 BII, Norfund, IndiGrid form $300 million business for battery storage 📝 AstraZeneca Q2 net profit declines 10%, revenue up 31% 📝 Torrent Power Q2 Results: Net profit falls 8.6% YoY to ₹496 crore 📝 RBI retains SBI, HDFC, ICICI as India's too-big-to-fail banks 📝 Prosus offers to invest $100 million in Mintifi Finserve at unicorn valuation

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After extensive research, our team at INVasset PMS has collectively produced an exclusive fundamental report on how CAPEX is a pivotal element of the India growth story. Capital expenditure (CapEx) is essential for long-term asset creation, upgrades, and economic growth. The interim budget boosted CapEx to ₹11.71 trillion for FY24, reflecting India’s focus on infrastructure and asset creation. Over the years, CapEx has shown an upward trend, peaking at 4.6% of GDP in the 2024-25 budget estimate. This growth signifies India’s commitment to sustainable development and economic efficiency. The trend analysis from 2016-17 to 2024-25 reveals significant investments in capital assets, with effective CapEx projected to reach ₹15.0 lakh crore in 2024-25. Investing in CapEx is crucial for enhancing economic performance and competitive edge. Visit now for more such insightful reports. https://lnkd.in/davhaab5

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Adani Infra, a subsidiary of the Adani Group, has made a significant move in India’s construction and infrastructure sector by acquiring a 30% stake in PSP Projects for ₹6.85 billion. This acquisition is part of Adani Infra’s strategy to expand and diversify its portfolio in the rapidly growing infrastructure market. PSP Projects, based in Gujarat, has a strong reputation for delivering high-quality industrial, institutional, and residential projects on time and within budget. The company’s expertise in handling large-scale construction projects aligns well with Adani Infra’s objectives to strengthen its presence in the Indian infrastructure space. By acquiring a stake in PSP, Adani Infra aims to leverage the company’s established track record to enhance its own operations, ensuring more efficient and timely project execution. The partnership also provides Adani Infra with a strong foothold in Gujarat, where PSP has an extensive presence. This opens up opportunities for Adani to expand its influence in western India, complementing its operations across the country. India’s construction sector is booming, projected to grow at a CAGR of 8.9% by 2028, making this acquisition a timely move to capitalise on the country’s infrastructural growth. The deal highlights the ongoing consolidation in India’s infrastructure sector, with large conglomerates like Adani positioning themselves to take advantage of the government’s increased spending on infrastructure development. By partnering with a specialised firm like PSP, Adani Infra is better positioned to handle the complex demands of large scale projects. However, the integration of operations and alignment of corporate cultures could pose challenges. Both companies will need to navigate the competitive and regulated construction industry carefully. Despite these hurdles, the acquisition strengthens Adani Infra’s position in the sector and offers PSP the resources to scale its operations further. This acquisition marks an important milestone in Adani Group’s efforts to reshape India’s infrastructure landscape, setting the stage for future collaborations that will drive innovation and efficiency in the sector.

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*News Headlines from Business News Agencies:* *Business Standard* 📝 India set for resilient growth in 2025 driven by urban consumption: S&P 📝 Asset quality pressures intensifying in India, emerging markets: Fitch 📝 Confident of Indian automobile industry becoming number 1 in 5 yrs: Gadkari 📝 Equity mutual fund inflows decline 14% to Rs 35,943 crore in November 📝 Industry body ISSDA seeks separate policy for stainless steel industry 📝 Gold prices rise on expectations of Fed rate cut, inflation data on tap 📝 Omnicom's Interpublic acquisition makes it the global ad industry leader 📝 Star Health eyes 18% GWP growth this financial year despite data breach 📝 Boeing restarts 737 MAX production a month after 7-week strike ended 📝 Agarwal Holdings buys Rs 455 cr land parcel from Shapoorji Pallonji Group 📝 India emerges global leader in generative AI enrollments on Coursera 📝 Startup contribution to economy projected to reach $1 trillion by 2030 *Economic Times* 📝 India Inc looking at year on-year growth of 9.75% in hiring for 2025-26 📝 Government released Rs 122 crore to over 1,700 agri-startups in last 5 years: MoS Agri 📝 Government says 3,000 MW electrolyser manufacturing capacity coming up in country 📝 Air passenger numbers to top five billion in 2025: IATA 📝 Govt says 18.74 crore farmers under agricultural loan obligations 📝 Zepto and NX Logistics India setup one of the largest warehousing facilities at Sumadhura Logistics Park 📝 DGTR initiated 43 anti-dumping investigations in 2024 so far 📝 Poonawalla Fincorp appoints Fiserv’s Salil Hajarnis as CTO 📝 India sugar output to rebound to record next year, could revive exports 📝 Govt developing industrial corridor projects to compete with world's top manufacturing and investment destinations 📝 Statiq partners with Vertelo to offer enhanced charging infrastructure *Mint* 📝 Amazon to introduce 15-minute deliveries in Bengaluru this month 📝 FSSAI’s move to categorize packaged water as ‘high-risk’ a commendable step, says Nayan Shah of Clear Premium Water 📝 Metropolis Healthcare cashes in on rich valuation to acquire Core Diagnostics 📝 Women’s participation in labour force surged from FY18 to FY23, govt paper shows 📝 MobiKwik, Sai Silk, Vishal Mega Mart IPOs to open tomorrow 📝 RBI approves Burman family entities' open offer to acquire 26 pc additional stake in REL 📝 Mintifi raises $180 million in funding, valuation soars to $850 million 📝 China cuts 2024/25 corn production forecast in December outlook 📝 Oil marketing companies eye a strong Q3, but LPG could be a dealbreaker 📝 India's equity mutual fund inflows come off record highs in November 📝 Ecomm cos must ensure transparency, trust, uphold consumer interest: Pralhad Joshi at Amazon event

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Today's Headlines from : *Economic Times* 📝 Drug regulator forms panel to evaluate OTC candidates 📝 PE fund Apax to step up India play with new team 📝 Pvt sector capex likely to expand amid expectations of high growth: Experts 📝 IOC, BPCL, HPCL post Rs 81,000 cr record profit in FY24 📝 India's coal import rises 8% to 268 MT in FY24 📝 MoSPI says 449 infra projects hit by cost overrun of Rs 5.01 lakh cr in March 📝 India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant 📝 General Atlantic, TPG Capital, two other PEs in race for Altimetrik 📝 Escorts Kubota plans to invest up to Rs 4,500 cr in new plant over next 3-4 years 📝 M3M to lease 1.5 million sq ft of commercial space in 2024-25 📝 NCLT admits insolvency resolution application against Indira Container Terminal *Business Standard* 📝 Public procurement norms: Govt may hike local content requirement 📝 SBI to hire over 15,000 in FY25 to boost operations, expand network 📝 Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar 📝 China credit shrinks for first time, decreases by almost $28 billion 📝 Tata Power to sell green energy to group companies, MNCs: Praveer Sinha 📝 India likely to export almost 18 million tonnes of rice in 2024-25: USDA 📝 Air India's international cargo business takes wings, not so for IndiGo 📝 South Korea plans $7.3 billion program to support semiconductor industry 📝 Pfizer, AstraZeneca announce new investments of nearly $1 bn in France *Financial Express* 📝 Amplus Solar aims at 2 GW RE capacity by December 📝 Report on infra requirements to hit $1-trillion exports to be ready by Aug-Sept: Govt 📝 Go Digit expects solvency ratio to surpass 200% post IPO 📝 Centre may raise MGNREGA outlay in full Budget *Mint* 📝 Apple aims to make a quarter of all iPhones in India by 2028 📝 IMD forecasts rainfall, thunderstorms, gusty winds in east and central India 📝 JK Cement Q4 results: Net profit rises 101% to ₹220 crore, declares dividend 📝 Afghanistan floods kill 315, aid agencies warn of widening havoc 📝 India’s influencer marketing industry to swell to ₹34 billion by 2026 📝 Q4 results so far: Revenue up 14.4%, bottomline surges 24.7% 📝 Adani Enterprises to invest ₹80,000 crore in current fiscal

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