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Brookfield India Real Estate Trust has secured 2,000 crore from its first sustainability-linked bonds. The International Finance Corporation acted as an anchor investor. This marks another significant fundraising effort for the REIT. These funds will support future growth and expansion plans. Indian REITs are increasingly using bonds for financing acquisitions and diversification.
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News and Media
Japan's MUFG Bank will invest 39,620 crore for a 20% stake in Shriram Finance. This is India's biggest foreign investment in financial services. The deal will strengthen Shriram Finance's capital and accelerate its growth. MUFG will appoint two directors to Shriram Finance's board. This partnership aims to leverage global expertise with local strength.
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News and Media
ICICI Securities sees Nifty heading towards 29,500 by 2026 and has named Bank of India, Marico, Ultratech Cement, TCS and Sun Pharma as its top five stock picks with upside potential of up to 26% over the next year.
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News and Media
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