Target Financial News

corporate funding in the global solar sector rose 55% to 28.9 billion during January-September 2023, mainly due to the push to meet energy transition objectives, Mercom Capital has said. The global corporate funding in the sector was USD 18.7 billion in the first nine months of 2022, the US-based research firm said in its latest report. Despite inflationary challenges and elevated interest rates, financing in solar industry has remained robust through the first three quarters of 2023, Mercom Capital Group CEO Raj Prabhu said. «The resilience can be attributed to a strong global push to achieve energy transition objectives and demand created by the Inflation Reduction Act — which has helped the sector weather persistent economic challenges and retain the interest of investors,» he added. In the venture capital segment in India, Juniper Green Energy secured a USD 350 million investment from AT Capital Group and Vitol to achieve its target to triple its operational capacity to 2.5 GW by 2026 and forge ahead with its ambitious development plans.

NEW DELHI : Japan's Suzuki Motor Corporation (SMC) on Tuesday said it is targeting the sales of 3 million passenger vehicles in India, its single-largest market, by 2030, reiterating its plans to double its manufacturing capacity in the country to 4 million units over the next decade. It expects India's total passenger vehicle market to have increased to 6 million units by then, up from just over 4 million units in 2023-24.

(Reuters) — Blockbuster takeovers by U.S. oil and gas majors Exxon (NYSE:XOM) and Chevron (NYSE:CVX) this month may spark further consolidation in the energy industry after a quieter third quarter for mergers and acquisitions in the sector, analytics firm Enverus said.

By David French

By Rajesh Kumar Singh

In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. It was a false dawn – the Fed lifted its target rate four times in subsequent months, by a total of 100 basis points.

New Delhi: Multiple acquisitions, which were a part of information technology (IT) services firm Happiest Minds’ initial revenue growth guidance for FY24, are now expected to be closed by the end of this fiscal or early next—leading to the firm revising its growth guidance for the year. In an interview with Mint, Joseph Anantharaju, executive vice-chairman, and Venkatraman Narayanan, managing director and chief financial officer of Happiest Minds, added that the delay in acquisitions were the largest reasons for the revenue growth guidance revision—with the rest being attributed to slower overall growth opportunities in the first half of the year.

Hamas garb rode south along Sofa Street on a motorbike.The sky was clear. The road was empty.

BEIJING — China on Tuesday took steps toward easing financing conditions for local governments, which have been at the crux of recent economic difficulties.

New Delhi: Swapnil Jain and Tarun Mehta didn’t know each other when they entered the portals of Indian Institute of Technology (IIT) Madras in 2007. By the time they graduated a few years later, the two design engineers had become friends. For a time, they went their separate ways, with Mehta going to Ashok Leyland while Jain ended up in General Motors.

You can’t completely blame Pfizer’s executives, yet Roche’s $7 billion acquisition of a bowel-disease treatment that it owned until last year isn’t a great look. In a deal that now feels like a biotech version of “Moneyball," Roivant announced it was selling an asset that only 11 months ago it got for free from Pfizer. (The Wall Street Journal had reported the talks back in July).

multi-pathway approach in terms of green technologies in cars in a country as big and diverse as India to achieve carbon neutrality goals, a senior Toyota executive said on Tuesday. Multiple technology solutions at different price points are required to cater to different sets of customers in order to cut carbon footprint, he noted. In an interaction here, senior Toyota executives emphasised on the need to treat all technologies fairly to achieve carbon reduction goals.

Bill Skarsgård, known for roles in action films like Deadpool 2 and Eternals, will take on the lead role of Eric Draven in the upcoming reboot of "The Crow," a departure from his brother Alexander's famous vampire character in True Blood.

In this article

Paytm Founder and CEO Vijay Shekhar Sharma on Monday announced the launch of VSS Investments Fund for his private investments, with a total target corpus of Rs 30 crore.

Ukraine’s leader says Russian naval assets are no longer safe in the Black Sea near Crimea

Amid the ongoing Navratri festival in India, there has been a surge in Gold prices. At the time of writing today (October 23), 24-carat gold was selling at Rs 6145 per gram in Mumbai, up by around Rs 1350 per gram since October 17. The eruption of a fresh conflict in West Asia is being seen as the prime reason behind the recent surge in Gold prices.

Ukraine President Volodymyr Zelenskyy claims that recent Ukrainian attacks have denied the Russian fleet safe bases and secure maritime corridors in the western part of the Black Sea

Omar Abdullah on Tuesday said if the conflict in the Middle East spread beyond Gaza, a large number of Indians working in the region will be affected. «If the conflict drags on, we will definitely get affected. No other country has more nationals working in that region than we have.

malvertising campaign that is targeting users searching for PDF converters or Notepad++ on Google. As per a TOI report, the campaign uses Google Ads to direct users to dangerous landing pages and distribute malicious payloads. According to Malwarebytes, this campaign is unique in its ability to fingerprint users and distribute time-sensitive payloads. The hackers behind this campaign specifically target users who are searching for free versions of Notepad++ and PDF converters.

By Gayatri Suroyo and Fransiska Nangoy