FPIs' $5bn bond purchase offsets steady equity sales

FPIs’ $5bn bond purchase offsets steady equity sales

MUMBAI: Foreign portfolio investors turned net buyers in June after months of sustained outflows, as a surge in sovereign debt inflows offset continued equity selling and pushed overall flows into positive territory.According to data, June recorded net inflows of $531 million, marking the first positive monthly print after a prolonged phase of withdrawals. This was…

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PE-VC deal value dips 5% in H1 CY2026

PE-VC deal value dips 5% in H1 CY2026

CHENNAI: Private equity and venture capital (PE-VC) investments fell 5% year-on-year during the Jan-June period of CY2026 to $17.5 billion, compared with $18.4 billion in the corresponding period of CY2025. PE-VC investments, excluding those in the real estate sector, remained flat at $1.9 billion in June 2026, according to data released by research firm Venture…

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Hero Moto to invest 3,200 crore in Andhra Pradesh

Hero Moto to invest 3,200 crore in Andhra Pradesh

NEW DELHI: Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years as India’s largest two-wheeler maker ramps up manufacturing, strengthens its global supply chain and expands beyond vehicle production into higher-margin businesses such as accessories and merchandising.The investment includes Rs 750 crore for the company’s…

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Why is CA Day celebrated on July 1? History, significance, theme, date and key facts explained

Why is CA Day celebrated on July 1? History, significance, theme, date and key facts explained

Observed every year on July 1, CA Day commemorates the establishment of the Institute of Chartered Accountants of India (ICAI) under the Chartered Accountants Act, 1949. The occasion celebrates the contribution of Chartered Accountants to India’s financial system while exploring the profession’s origins, ICAI’s role, its guiding motto, and the significance of the annual observance….

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Harry Kane scripts history with DR Congo brace, overtakes Pelé and shatters England’s 60-year World Cup record | Football News

Harry Kane scripts history with DR Congo brace, overtakes Pelé and shatters England’s 60-year World Cup record | Football News

England’s Harry Kane (9) celebrates after scoring his side’s first goal during the World Cup round of 32 soccer match between England and Congo in Atlanta, Wednesday, July 1, 2026. (AP Photo/Butch Dill) Harry Kane’s match-winning brace against DR Congo did far more than rescue England’s World Cup campaign. Within the space of 11 unforgettable…

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Brands get quick-comm boost in summer sales

Brands get quick-comm boost in summer sales

NEW DELHI: Peak temperatures and the sweltering heat this year have delivered a windfall for consumer brands, with quick-commerce platforms driving robust growth in heat-linked categories.As temperatures climbed across the country, demand for products ranging from ice creams and beverages to sunscreens more than doubled year-on-year in May as consumers sought relief from the relentless…

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Debt's the way for Indian IT acquisition funding

Debt’s the way for Indian IT acquisition funding

BENGALURU: Persistent Systems’ $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro is the latest sign that Indian IT companies are increasingly comfortable using debt to fund transformative acquisitions. This marks a departure from the industry’s long-standing preference for cash-rich, debt-free balance sheets.The financing, backed by a corporate guarantee of…

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