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Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says 2025-2027 will be very beneficial for Adani Enterprise. The company is developing many businesses, and each one is getting close to being listed on its own. For instance, Adani Airports and Adani Roads, which are part of Adani Enterprise, are expected to become independent companies during this time. Additionally, the issues from last year regarding excessive debt have been managed effectively. Choksey believes this will lead to better cash flow, driving further growth for the company. Therefore, Adani Port will likely remain a strong partner alongside Adani Enterprise. Choksey also says that 2025 should be the year when Reliance would list the Jio platforms and that is where the earning opportunity should be. We have to watch out how the industrials and capex pick up. Ashoka Buildcon has managed to sell 11 SPVs and is going to get liquidity to the tune of around Rs 2400 crore. Any other infrastructure and EPC name that you have been tracking closely? Deven Choksey: Overall, the entire size of the opportunity is becoming big because the government is spending big time money on building the infrastructure. If the budget of Rs 11,000 crore has been completed, then further money has been allocated in this particular period. I guess the government will be distinctly comfortable allocating more money towards infrastructure building even in the current year. That is where the budget allocation would play a meaningful role.

Subscribe to enjoy similar stories. Employees of unlisted startups made a tidy sum from their ownership of employee stock options (Esops) in 2024, with 26 such companies buying back the Esops in pre-listing and secondary transactions.

It was a year of many firsts for Equitable Bank (EQB), Canada’s seventh-largest lender in terms of assets: it was the bank’s most profitable year on record, with annual revenue surpassing $1 billion for the first time, and it tapped celebrities, sitcom Schitt’s Creek actors Dan and Eugene Levy, for the first time to promote its services.

Top-ranked chess player Magnus Carlsen has left the World Rapid and Blitz Chess Championships after refusing to change out of the jeans he wore to the competition, the International Chess Federation said.

Subscribe to enjoy similar stories. A light breeze drifted through a small creative agency in Mumbai’s Dadar district one summer morning. The design team, huddled around their laptops, felt the pressure mounting: a major client had just announced a nationwide campaign rollout, with deadlines looming.

Vivifi Finance to run a pilot project to offer unsecured loans to gig workers, two people with the knowledge said.

Twitter Wrapped 2024 trend is gripping the world and has now become a classic example of how AI bots can beautifully analyze your data and give you a summary of how well your X posts have been doing throughout the year. Every X user would like to know how their posts were perceived, and the Twitter Wrapped 2024 tool can help you achieve just that.

Subscribe to enjoy similar stories. As venture capital investments into India’s financial technology sector plunged this year amid stringent regulatory oversight, fintech companies found another funding source become more readily available: venture debt. Venture debt is essentially a high-interest loan advanced to early stage companies that want to raise capital without diluting equity, or one that they turn to when venture capital becomes scarce.

President-elect Donald Trump has asked the Supreme Court to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue

Christmas gifting season, driven by the convenience of quick commerce, delivered a significant business boost for direct-to-consumer (D2C) brands. Sales across categories such as personal care, desserts and other eatables, as well as activewear rose 20-30% from last year.

Generative AI, being able to pick from a variety of models is a key requirement for enterprise customers and startups looking to optimise each use case to drive business outcomes, according to executives from cloud computing giant AWS. “There is no one LLM (large language model) that will meet the needs of all customers,” said Kumara Raghavan, head, startups at AWS India and South Asia.

Reliance Industries (RIL) on Saturday announced the acquisition of technology-led oncology platform Karkinos Healthcare for ₹375 crore, through its wholly-owned subsidiary Reliance Strategic Business Ventures (RSBVL), in an all-cash deal.

Labour Codes, pending since 2020, later next year.

TikTok ban from going into effect until his administration can pursue a «political resolution» to the issue.

Jujutsu Infinite is a pretty exciting Roblox RPG that actually brings the world of Jujutsu Kaisen to life while offering players an immersive gaming experience where they can create and develop their own sorcerer character, reported Beebom.

Ola Electric's chief product and technology officer Suvonil Chatterjee and chief marketing officer Anshul Khandelwal have resigned from their posts, the company said in an exchange filing.

«The Securities and Exchange Board of India (Sebi) hereby notifies that, the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this notification in the official gazette,» Sebi said in its notification dated December 24.

Zomato’s 2024 year-end report highlights India's food delivery and dining trends, providing intriguing insights into the nation’s culinary preferences. From biryani’s unwavering popularity to record-breaking restaurant bills and impressive savings, the data paints a vivid picture of Indian food culture.

Subscribe to enjoy similar stories. India’s capital market participation has got a significant boost with the introduction of a new investment product category: Specialized Investment Funds (SIFs). Not long ago, the nation needed campaigns like Mutual Funds Sahi Hai and SIPs Sahi Hai to encourage awareness.