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Continuum Green Energy Holdings will acquire the remaining 26% stake from Clean Energy Investing (CEIL), marking Morgan Stanley Infrastructure Partners' exit after a decade. This acquisition consolidates control under founders Vikash Saraf and Arvind Bansal ahead of Continuum's planned 3,650 crore IPO. The IPO proceeds will be used for debt repayment, general corporate purposes, and investments in subsidiaries.
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News and Media
Real estate stocks are experiencing a downturn, extending losses for the third consecutive session due to concerns about slowing demand and profit-taking after a significant rally. The realty index has underperformed the Nifty, with several key stocks like Godrej Properties and DLF seeing notable declines. Analysts anticipate potential further drops amid sluggish demand and strong supply.
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News and Media
Startups and smaller firms could bear the brunt of Trump's new H-1B visa fee, and some fear it could thwart US innovation.
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News and Media
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