Divine Lifestyle
Despite investors’ fears, private credit is far from recession as not all risks are created equal. The cracks in the private debt market appear to be widening. Private debt is an important alternative to syndicated bank loans as a source of corporate capital, provided primarily by private equity (PE) firms. The market is heavily involved…
The asset manager will look to invest in around 22 companies in its Series A and B rounds, with a target investment of ₹25-40 crore per company, a target gross internal return (IRR) of around 30 per cent and a holding period of six years. The new fund follows its Category-I Alternative Investment Fund, which…
Delhi-based pharma major Mankind Pharma reported 30.4 per cent year-on-year (YoY) growth in consolidated net profit for the March quarter (Q4) of FY26 due to strong domestic demand for legacy drugs used to treat long-term diseases. The drugmaker reported a profit after tax (PAT) of Rs 559 crore, up from Rs 429 crore in the…
According to Fanatic Sports and Hurun India’s Most Valuable Sports Teams 2026 report, the average franchise valuation in the Indian Premier League (IPL) is projected to reach $15 billion by 2032, significantly higher than $1.8 billion in 2026. The average IPL franchise valuation has been rising steadily since the league’s inception, rising from $0.1 billion…
Microsoft is introducing a series of new customization features to Windows 11, primarily focusing on the Start menu and taskbar experience. The update, which is being released to Windows Insiders in the Experimental Channel, allows users to move the taskbar to different sides of the screen, use a smaller taskbar, and get more control over…
Officials from at least three large state-run banks returned to their Dubai offices last week after working from India for a short period following the outbreak of the Middle East conflict, sources said. In April, banks transferred some executives handling treasury, wholesale banking and corporate banking operations to India as a precaution as the United…
New editor Paul Curcio outlines a commitment to the digital future of global finance and its roots. The life cycle of a magazine is no different from the life cycle of a person. After almost 40 years, global finance A kind of middle age has been reached – a deeper stage of life where experience…
Alembic Pharmaceuticals share price today Shares of Gujarat-based pharmaceutical company Alembic Pharma fell over 9 per cent to an intraday low of ₹710.70 on the National Stock Exchange (NSE) after it reported lower-than-expected numbers for the March 2026 quarter (Q4FY26). Around 02:45 pm, the stock was trading at ₹720, down 8.15 per cent from the…
Oil prices rose on Monday after an attack on a nuclear power plant in the United Arab Emirates halted efforts to end the Iran war and US President Donald Trump is expected to discuss military options on Iran. Brent crude futures were up $1.65, or 1.51 percent, at $110.91 a barrel by 0703 GMT, but…
More than two months after the war broke out in West Asia, its impact started becoming visible on retail consumers as oil marketing companies (OMCs) increased the prices of petrol and diesel in four metro cities. The government this week took action on gold imports, sugar exports, energy security and foreign exchange buffers, as geopolitical…
