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Vedanta has repaid a high-cost $900 million loan, reducing net debt by $550 million and saving $90 million annually in interest. The repayment was funded by a $1 billion QIP and a new $350 million facility at a lower rate. Vedanta s net debt-to-EBITDA ratio has significantly improved, with further debt reductions by its parent company.

Hitachi Energy India s Rs 2,000 crore qualified institutional placement (QIP) offering was subscribed two times. The issue saw participation from notable institutions including Norges Bank and various domestic insurance firms. Shares fell 4.2% on the BSE. Proceeds from the QIP will be used for capital expenditure, working capital, and general corporate purposes.

Bharti Airtel has signed an agreement with Elon Musk s SpaceX to offer Starlink s high-speed internet services in India. This collaboration marks a significant step in expanding satellite connectivity, enabling reliable broadband even in remote areas. The partnership aims to explore various solutions, including Starlink equipment at retail stores and enhancing Airtel’s network using SpaceX s technology.

India s stock market could face further corrections in 2025, with uncertainties around valuations and potential for growth. While some experts see economic recovery through easing monetary policy, fiscal boosts, and agricultural recovery, others remain cautious about a steep rally, citing concerns over mid- and small-cap segments.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources

Sanjay Shah, CMD of Prudent Corporate, highlights a shift in preference towards multi-asset allocation over small and midcap stocks. New fund offers have decreased, and while SIPs continue to bring in capital, the focus remains on larger-cap allocations. The market trend advises against heavy investment in small and midcaps, with ELSS receiving significant attention for tax planning.

Godrej Agrovet plans to acquire the remaining 48.06% stake in Creamline Dairy Products for Rs 930 crore, making it a wholly owned subsidiary. The deal will consolidate Godrej Agrovet s position in the dairy sector and is expected to be completed by the end of September. Shares of Godrej Agrovet outperformed its sector, rising by 43.63% in the past year.

India’s stock market correction is driven by technical factors and presents a strategic buying opportunity. Leading analysts believe India s structural growth, policy stability, and favorable demographics continue to make it the best long-term investment destination, despite short-term market pressures.

Puneet Pal, Head of Fixed Income at PGIM India Mutual Fund stated that there is a very high probability of yields falling sharply at the beginning of the new financial year in April, though till March end profit booking from banks will continue, leading to range-bound movement in yields