Singapore's sovereign wealth fund GIC has offloaded shares of IRB Infrastructure Trust for Rs 5,884 crore through open market transactions. Ferrovial acquired the shares at the same price.

The Competition Commission of India (CCI) has approved Cintra's acquisition of a 24% stake in IRB Infrastructure Trust, a move that expands Ferrovial's presence in India's infrastructure sector.

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore, marking one of the largest transactions in Indian real...

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore to a joint venture of global institutional investors.

GIC Re reports a 3% increase in net profit for Q4 FY24, reaching Rs 2,642 crore. The company also saw growth in gross premium and solvency ratio.

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

SECI plans to launch a tender for 500 MW of solar thermal capacity by FY25-end, marking the first time in India such a large-scale tender will be floated. The tender will feature advanced...

Premier Energies and its subsidiaries have secured a 350 MW solar module supply order from Apraava Energy for a project in Rajasthan, India. The modules aim to enhance efficiency and output,...

Get the latest areca and coconut prices in Mangaluru for Wednesday, July 3. Check prices for old supari, new supari, koka, and different coconut qualities.

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

Guar seed futures prices rose on Wednesday, driven by firm spot market demand and thin supplies, according to market analysts. Speculators increased their positions, leading to a 0.72% increase in...

SECI plans to launch a tender for 500 MW of solar thermal capacity by FY25-end, marking the first time in India such a large-scale tender will be floated. The tender will feature advanced...

Indian social media platform Koo, a potential Twitter rival, is shutting down after failing to secure a partnership. The founders cite high operational costs and funding challenges.