CapitaEdge

1. Four main-board IPOs aim to raise Rs 8,390 crore; nine SMEs target Rs 254 crore.

2. Bajaj Housing Finance leads with a Rs 6,560 crore issue.

3. Strong retail participation is driving SME IPO oversubscription.

4. Analysts advise caution due to potential market corrections.

May Lord Ganesha's 𓆩ꨄ︎𓆪 blessings remove all obstacles and fill our life with love, prosperity, and happiness. 🪔 Wishing you all a joyous Ganesh Chaturthi! 🌰

Gautam Adani Predicts India to Become a $30 Trillion Economy by 2050

1. India is projected to add $1 trillion to its GDP every 18 months, targeting $30 trillion by 2050.

2. Challenges remain, but economic strength is expected to overcome them.

3. Adani Group successfully navigated the Hindenburg crisis, reducing Debt-to-Ebitda ratio to below 2.5 times.

1. Banks are not ideal for long-term project lending; funding should come from debt markets via insurance and pension funds.

2. India’s bond markets need development, with more products and participants.

3. MSME credit access is low, with a gap of Rs 22-25 trillion.

Leading Tech Giants Eye India's Rs 10,000 Crore GPU Tender for AI Mission

1. Tech giants, including Nvidia, Intel, and AMD, are interested in India’s Rs 10,000 crore GPU tender.

2. The tender is part of India’s AI Mission, aiming to bolster the country’s AI ecosystem.

3. MeitY may extend the bid submission deadline by two weeks following bidder clarifications.

India's GDP Growth Slows to 15-Month Low of 6.7% in Q1 FY2025

1. India's GDP growth dropped to 6.7% in Q1 FY2025, down from 8.2% a year ago.

2. Agriculture and services sectors underperformed, while manufacturing grew by 7%.

3. India outpaced China, which recorded 4.7% growth in the same period.

India Aims for $55 Trillion Economy by 2047, Says IMF Executive Director

1. India targets a $55 trillion economy by 2047 with an 8% growth rate.

2. Key drivers: entrepreneurship, economy formalization, and digital infrastructure.

3. IMF official stresses the need for manufacturing growth and strategic subsidy policies.

Telegram CEO Pavel Durov Arrested in Paris Over Allegations of Platform Misuse.

1. Pavel Durov, Telegram CEO, arrested in Paris on charges related to platform misuse.

2.Allegations include enabling drug trafficking and distribution of illegal content.

2. Telegram insists on adherence to EU laws and ongoing content moderation improvements.

4. The arrest has sparked controversy, with various responses from global figures.

Let's cherish the teachings of Lord Krishna and spread love and peace. Happy Janmashtami!

1. Infosys to earn over $100 million from Coca-Cola’s cloud migration deal with Microsoft.

2. Coca-Cola committed €167 million to Microsoft and €25 million to Infosys for Azure cloud migration in Euro Pacific.

3. The global deal focuses on aligning Coca-Cola’s technology strategy with AI innovations.

4. Infosys's market valuation surged by Rs 36,746.21 crore, reaching Rs 7,72,023.49 crore.

5. Coca-Cola India is exploring the sale of a portion of its bottling business, seeking up to $1 billion in investment.

Wrapped in love, tied in trust, and secured in siblinghood. Happy Raksha Bandhan!

Tied with love, secured with trust.

Happy Rakshabandhan! ❤️