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Synechron initiates stake-sale talks with PE investors; valuation talks still evolving

New Delhi, Sept. 23 -- Synechron, a bootstrapped global IT company, has initiated discussions with private equity investors for a stake sale, two people told Mint. The proposed transaction can range ... Read More


Gold slippery as US dollar index hits seven-week top

Mumbai, Sept. 23 -- COMEX Gold futures slipped for a third session as a drop under $4400 per ounce extended amid firm US dollar and hawkish comments from the US Fed officials. Tom Barkin, President of... Read More


Strong pace of economic growth seen in June quarter to continue, says FM

News, Sept. 23 -- Union finance minister Nirmala Sitharaman on Tuesday exuded confidence that the economy will grow at the strong pace witnessed in the June quarter despite external headwinds. The ec... Read More


Consumers Face Higher Tariffs

Srinagar, Sept. 23 -- The disclosure that consumers will pay Rs 251 crore more in the current financial year through the latest tariff hike is a stark reminder of the imbalance in the power sector. Th... Read More


NSE lists tomorrow at 43 times earnings, cheaper than the exchange it is listing on

Punjab, Sept. 23 -- The NSE lists on the BSE tomorrow at an issue price of Rs 1,785. The grey market is implying about Rs 1,828 - a 2.4% premium on India's largest ever IPO. The interesting number is ... Read More


HDFC Bank shares edge higher on UBS Buy call; Q2 results in focus

New Delhi, Sept. 23 -- Shares of HDFC Bank were trading marginally higher on Wednesday, up 0.41 per cent at Rs.741.65 as of 12.20 pm, after opening at Rs.735.65 on the NSE. The stock touched an intra... Read More


Budget 2027 wishlist: Rehda wants wider housing loan access, special campaign for unsold units

KUALA LUMPUR, Sept. 23 -- Enhancing the Housing Credit Guarantee Scheme (SJKP) and introducing improved financing structures are among the proposals made by the Real Estate and Housing Developers' Ass... Read More


S&P ups India's FY27 GDP growth forecast to 7%

Mumbai, Sept. 23 -- S&P Global Ratings raised India's GDP growth projections for the current fiscal to 7 per cent, citing robust economic activity and forecasting that the RBI could hike interest rate... Read More


Avaada Ventures pays back Brookfield's debt in Rs.6,700 crore deal

New Delhi, Sept. 23 -- NEW DELHI: Avaada Ventures Pvt Ltd, a renewable energy solutions company, has repaid Brookfield Renewable's debt in a deal valued at about Rs.6,713 crore, delivering a two-fold ... Read More


EFCC urges LGA chairpersons to ensure increased allocations benefit Nigerians

Nigeria, Sept. 23 -- The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has urged local government chairpersons to ensure that increased allocations to councils transl... Read More