ASEEM
India to switch bonds worth 250 billion rupees next week
On November 16, the Reserve Bank of India will initiate a significant switch auction worth 250 billion rupees. This maneuver involves replacing six bonds that are set to mature between 2027 and 2029 with longer-term securities extending to maturity in 2062. By doing so, the government seeks to optimize its debt repayment schedule. This follows a similar strategy of bond buyback and issuance enacted in October.
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollars
Blackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals include investments by Carlyle and Advent International in housing finance firms. The demand for credit in India is growing, with NBFCs playing a crucial role in accessing underserved markets. Foreign investments in the financial sector have exceeded $20 billion since 2025, reflecting confidence in stability.
Firm It Up, Don't Junk It: India needs a more predictable capital gains tax regime to deepen equity markets
India's capital markets have seen significant changes, with millions of households participating in equity investing. The current tax framework needs to evolve to encourage better investment behavior among participants. A predictable and neutral tax system can foster deeper domestic participation in capital markets. Implementing a graduated tax rate could motivate investors to hold their investments longer. Adjusting the capital gains tax structure could align taxation with economic returns for investors.
Petronet LNG faces arbitration as vessel owners seek Rs 625 crore in dues
Three owners of LNG vessels are pursuing arbitration against Petronet LNG for Rs 625 crore in unpaid dues. The vessels have been largely idle since March 2 due to disruptions related to the Iran war. Petronet LNG reported a 53% rise in profit for the July-September quarter despite a decrease in operational revenue.
How to trade HDFC Bank shares? Here’s what technical analysts are saying as lender hunts for new CEO
HDFC Bank shares rose after the lender submitted two CEO candidates to the RBI, formally starting the succession process for Sashidhar Jagdishan. The stock has faced sustained pressure this year, with analysts highlighting key resistance levels and management continuity as important triggers.
HDFC Bank share price target: What are Jefferies, 3 other foreign brokerages saying as CEO hunt intensifies?
HDFC Bank shares on Tuesday as the lender submitted two CEO candidates to the RBI, intensifying focus on its leadership transition. Jefferies, Nomura, Bernstein and Macquarie remain positive on the stock, with price targets ranging from Rs 880 to Rs 1,150. Analysts see leadership clarity as a potential re-rating catalyst.
TPG to buy NIIF’s green NBFC Aseem Finance for $500 mn
Launchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made through TPG Rise Climate, the firm’s dedicated climate investing platform. Current management team and loan book will continue, be subsumed into the new platform and receive further capitalization for growth.
TPG to buy NIIF Green Infra NBFC Aseem for Rs 4,000 cr
US buyout group TPG, alongside ICICI Bank and GIC of Singapore, is set to acquire Aseem Infrastructure Finance Ltd for Rs 4,000 crore. This strategic move aims to accelerate green funding and investment initiatives in India, with the existing sponsors exiting the non-bank lender.
Avaada Energy secures Rs 315 crore finance for captive solar project in Karnataka
Avaada Energy secured Rs 315 crore financing from Aseem Infrastructure Finance ltd (AIFL) for a solar project in Karnataka. It will be developed under a long-term captive Power Purchase Agreement (PPA) with Karnataka Milk Federation (KMF). The funding from AIFL demonstrates Avaada's project financing capability and strategy. The project, located in Kalaburagi district, is expected to be completed in Q3 FY25.
Sterlite Power secures Rs 305 crore funds
The project involves construction of a transmission system comprising a 400/132kV GIS sub-station at Kishtwar and a 400 kV transmission line from Kishenpur to Dulhasti, the company said in a statement.
NIIF to bring new investors on debt platform
The NIIF debt platform consists of NIIF Infrastructure Finance (NBFC-IDF) and Aseem Infrastructure Finance (NBFC-IFC) and together they have now reached a loan book of about Rs 23,000 crore, said Prakash Rao, executive director and chief investment officer - indirect investments, NIIF.
ASEEM logs 50,000 new blue collar job postings in October
Around 550,000 total verified job vacancies are currently available for skilled workers; retail, auto, apparel, logistics, leather, telecom among top sectors with new jobs listed.
Kathua case: Defence lawyer for accused appointed AAG by J&K government
Aseem Sawhey, son of A K Sawhney who is representing one of the accused was appointed AAG by the J& K government.
L’oréal appoints Aseem Kaushik as Director, Consumer Products Division
Aseem Kaushik began his career with L’Oréal India in 1995 with the Consumer Products Division. After spending 7 years in CPD sales, he moved to the Professional Products Division in 2002 in Key Account Management.
Hiring mantra for TaskBob's Aseem Khare : It's time to rope in the family
TaskBob's Aseem Khare found out that sometimes for hiring an employee, you have to convince the parents of the employee as well.
High Court slams Mumbai Police for arresting cartoonist Aseem Trivedi for sedition
HC slammed Mumbai Police for arresting cartoonist Aseem Trivedi on "frivolous" grounds and "without application of mind".
Arvind Kejriwal threatens to sit on protest for jailed cartoonist Aseem Trivedi
Anti-corruption activist Arvind Kejriwal today demanded that all the charges against the jailed cartoonist Aseem Trivedi be dropped or else he will sit on protest outside the Arthur Road prison here from Saturday.
Cartoonist Aseem Trivedi sent to judicial custody as he refuses to apply for bail
"I am proud of what I have done and I will continue to do what I have done. This is the second struggle for independence in this country," Aseem said.
CPI(M) slams arrest of cartoonist Aseem Trivedi in Mumbai
Condemning the arrest of cartoonist Aseem Trivedi in Mumbai, the CPI(M) today said it was "outrageous" that he had been slapped with sedition charges for drawing cartoons against corruption.
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