Thu, Feb 1, 2024 1:20 PM
Interim Budget seeks to decouple budget-making from long-term policy goals
A Flip by Avya Verma
It's about to be one of the most active dealmaking years for media and entertainment companies in recent memory. 2024 saw crimped deal volumes as interest rates remained elevated and an unfavorable regulatory environment dampened sentiment. But 2025 has "the recipe for all the stars to be aligned," according to Bart Spiegel, partner of global entertainment and media deals at PwC.
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Credila Financial Services, earlier known as HDFC Credila Financial Services, has filed pre-filed draft papers with the capital markets regulator SEBI to raise funds via initial public offering. Shareholders of the country's leading education loans financier, in the extra-ordinary general meeting on December 26, has unanimously passed the special resolution for raising of capital.
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Domestic brokerage firm Anand Rathi Investment Services has picked Escorts Kubota Limited as its stock pick of the month for December 2024 with a potential upside of 11.55 per cent.Shares of Escorts Kubota Limited, an agriculture machinery and tractor manufacturer, closed 3.43 per cent higher at ₹3,260.30 in Friday’s trading session, compared to ₹3,152.10 at the previous market.
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