Macquarie

Macquarie Asset to invest billions in India's energy, real estate sectors

Since 2009, global asset management firm Macquarie has invested $3.5 billion in various projects in India and looking to expand its presence

Zomato vs Swiggy: Macquarie compares food delivery, quick commerce biz

Zomato, Swiggy IPO: Swiggy, Macquarie said, seems to be 4-6 quarters behind Zomato in food delivery and quick commerce

Time to downgrade Indian stock markets? Sell India, buy China? Analyst view

Absolute-return investors must avoid Indian markets in the backdrop of recent developments, especially the stimulus by China, suggests a report by BCA Research

KKR & Co, Stonepeak, and Macquarie eye Ascend Telecom after ATC Asset loss

KKR & Co, Stonepeak Partners, and Macquarie Capital are in talks with bankers for a potential investment in Ascend Telecom after missing out on American Tower Corporation's India assets

Fiscal deficit to increase by 15 bps to 5.1% in FY25 due to UPS: Macquarie

Under the unified system, employee contributions will remain unaltered at 10% of basic pay plus dearness allowance

Macquarie reaffirms 'outperform' rank to TCS; stock hits 52-week high

Macquarie raised TCS's share price target to Rs 5,740 per share, up from the previous Rs 4,522.55

Additional director on Bandhan Bank is prudent measure by RBI: Macquarie

On Monday, RBI inducted an additional director on the board of Bandhan Bank - Arun Kumar Singh, former chief general manager of RBI

Why are FIIs buying bank stocks, and will this momentum sustain?

Analysts believe a likely pick up in credit growth and hopes of a rate cut by the Reserve Bank of India should keep the momentum alive in bank stocks.

Macquarie eyes rise of protectionist policies in upcoming US, EU elections

Over two dozen countries - home to more than half the world's population - are voting this year. India is part way through its mammoth multi-month vote

Macquarie calls off plans to sell renewable energy company Vibrant Energy

The plan was called off due to a discrepancy in the valuation of Vibrant Energy, which has an enterprise value of $500 million

Macquarie Group drives in $1.5 billion EV fleet electrification play

It's designed to speed up adoption of EVs and support India's e-mobility transition

TCS, Accenture, Cognizant lead LinkedIn's top large companies list

Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in India, followed by Accenture and Cognizant in the second and third place respectively. Professional networking platform LinkedIn on Tuesday released the 2024 Top Companies list for India wherein IT companies bagged the top three ranks, while financial services firms dominated the list with 9 out of 25 companies from this sector. The 8th edition has derived insights from LinkedIn data, and lists the top 25 large companies, 15 best mid-size companies, and provides insights on in-demand skills, top locations, and the largest job functions within these companies. Amongst large companies (500+ employees in India), Tata Consultancy Services retained its top spot this year, followed by Accenture and Cognizant. Continuing the trend from last year, financial services dominated the 2024 list with 9 out of 25 companies from this sector including Macquarie Group (4th place), Morgan Stanley (5th), an

Paytm hits new low, falls 10% after Macquarie slashes target to Rs 275

Macquarie sharply cut the target price to Rs 275 from Rs 650, driven by a reduction in revenues across various segments

Adani group pulls out of M&As; plans to focus on debt prepayments

Bankers said the group's absence from the acquisition race has given an opportunity to foreign private equity players, which are keen to buy into Indian infrastructure projects

Adani terminates deal to acquire Macquarie's toll road portfolio in AP, Guj

Adani Road Transport, a wholly-owned subsidiary of Adani Enterprises Ltd (AEL), on Thursday said it has decided to terminate the pact to purchase Macquarie Asia Infrastructure Fund's toll road portfolio in Andhra Pradesh and Gujarat for Rs 3,110 crore. On August 4, 2022, Adani's wholly-owned subsidiary said that it has entered into a definitive agreement to acquire Gujarat Road and Infrastructure Company Ltd (GRICL) -- (owned 56.8 per cent by Macquarie Asia Infrastructure Fund) and Swarna Tollway Private Ltd (STPL) (owned 100 per cent by Macquarie Asia Infrastructure Fund). However, Adani Enterprises in a BSE filing on Thursday said: "Share Purchase Agreement dated 4th August 2022 ("Share Purchase Agreement") was executed amongst Adani Road Transport Limited (ARTL), a wholly-owned subsidiary of the Company (Purchaser), MAIF Investments India PTE Limited and MAIF Investments India 3 PTE Limited (collectively as "MAIF") (Sellers) in connection with the proposed acquisition of 100 per .

Adani Enterprises scraps deal to buy Rs 3K-crore Macquarie road projects

Adani group was also planning to buy stake of IL&FS in the GRICL

Cube, Actis, KKR, Sekura in race to buy nine Macquarie road projects

Transaction to cost up to $1 bn; valuation muted due to tightening of interest rates, says banker

Macquarie mulls sale of 9 road projects in India for $1.5 billion

The firm is in preliminary discussions with advisers about the potential deal, the people said, asked not to be identified discussing a private matter

SVB: Indian banks stand out amid 'global gloom and doom', says Macquarie

"Despite concerns of a slowdown in loan growth and margin compression, the earnings upgrade cycle continues for the banking sector," the analyst wrote

Macquarie double upgrades Paytm to 'outperform', ups target price by 80%

This comes after the firm narrowed its net loss to Rs 392 cr in Q3 of FY23, from Rs 778.4 cr in Q3FY22, and expanded revenue from operations by 41.62% to Rs 2,062.2 cr