INR

Asia-Pacific and Japan Wire and Cable Market Report 2023-2032 - 5G Deployment Opens Opportunities for High-Performance Communication Cables

Retrieved on: 
Tuesday, January 9, 2024
Dream, LS Cable & System, INR, Research, Country, Name, KRW, Urbanization, Safety, Voltage, Transport, Telecommunications, Finolex Cables, Growth, Renewable energy

The growth in the Asia-Pacific and Japan wire and cable market is expected to be driven by increasing requirements in the automotive, manufacturing, and electronics sectors.

Key Points: 
  • The growth in the Asia-Pacific and Japan wire and cable market is expected to be driven by increasing requirements in the automotive, manufacturing, and electronics sectors.
  • The Asia-Pacific and Japan wire and cable industry is undergoing a significant transformation driven by the growing emphasis on sustainability, environmental concerns, and technological advancements.
  • Among the infrastructure, the construction and building industry is expected to be dominant in the Asia-Pacific and Japan wire and cable market.
  • The market heavily relies on China, emphasizing its significant impact on the wire and cable industry's future in Asia-Pacific and Japan.

EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and Income Growth in Q4 2023 and Full Year of 2023

Retrieved on: 
Monday, January 8, 2024
Ebix, Mastercard, Travel, FX, FIU, Health, Guruprasad, Foreign exchange market, Airport, Division, GMV, Sale, Student, NOIDA, Visa, INR, Inward, GIC, UPI, Record, Education, The Foreign Exchange, MTSS, USD, Industrial, FATF, YOY, Insurance, Calendar, Ministry, Reserve Bank, Growth, RBI, OTC, Intergovernmentalism, Financial services

EbixCash continued its leadership in the Foreign Exchange (Forex) arena with YOY growth of approximately 38% in 2023.

Key Points: 
  • EbixCash continued its leadership in the Foreign Exchange (Forex) arena with YOY growth of approximately 38% in 2023.
  • The last quarter of the calendar year from September to December 2023 (Q4’23) accounted for an estimated INR 144 crore of gross revenue.
  • In the year 2023, EbixCash also reported 30% YOY growth in the student outward remittance business.
  • EbixCash Payment Solutions group also reported that it continued its dominant leadership role in the Inward remittance business (MTSS) in 2023, while processing 4.4 million transactions in the calendar year 2023.

ReNew Signs Contract to Sell 300 MW Solar Project at a Valuation of $199 Million

Retrieved on: 
Monday, January 8, 2024
Other Energy, Environment, Utilities, Alternative Energy, Green Technology, Energy, Sale, PPA, INR, PLF, Renewable energy

ReNew (“ReNew”) (NASDAQ: RNW, RNWWW), India’s leading decarbonization solutions company, announced on Monday that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million.

Key Points: 
  • ReNew (“ReNew”) (NASDAQ: RNW, RNWWW), India’s leading decarbonization solutions company, announced on Monday that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million.
  • Approximately $8 million is expected to be additionally received as an earn-out on account of change-in-law proceeds, after the first payment is realized by RSUPL.
  • After the transfer of the outstanding debt to the buyer, the transaction will result in a cash inflow of approximately $82 million, including change-in-law proceeds for ReNew.
  • In 2022-23, the solar project delivered a net PLF of 27.42%.

India International Remittance Market Business Report 2023: Inflows Declined in 2023 Due to Slow Down in the Organisation for Economic Co-operation and Development Economies - Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 4, 2024
Professional Services, Payments, Technology, Finance, Banking, Personal Finance, Digital Cash Management, Digital Assets, Microsoft, Meta, Digital, Partnership, World Bank, Economy, Student, State Bank of Mysore, IndusInd Bank, The Times of India, Organization, INR, Education, Federal Bank, Growth, National bank, Development, Environment, Cryptocurrency

The international inbound remittance market in India has increased at 14.4% during 2022 to reach US$ 111.22 billion in 2023.

Key Points: 
  • The international inbound remittance market in India has increased at 14.4% during 2022 to reach US$ 111.22 billion in 2023.
  • According to the publisher, the international outbound remittance market in India has increased at 13.8% during 2022 to reach US$ 10.08 billion in 2023.
  • India has reported strong growth in the inward remittances market over the last three to four years.
  • Layoffs from big tech institutions are another factor that is aiding the drop in inward remittances in 2023.

Octapharma Announces Availability of Balfaxar® For Warfarin Reversal in Urgent Surgery & Invasive Procedures

Retrieved on: 
Wednesday, January 3, 2024
Phase, Coagulation, Food, Emergency medicine, Risk, Vitamin K, PCC, Hemostasis, FDA, Warfarin, Bleeding, INR, Massachusetts General Hospital, Hospital, Thrombophilia, MD, Doctor of Philosophy, Factor X, Factor IX, Clinical trial, Prothrombin time, Trial of the century, Coagulation factor VII, Octapharma, VKA, Patient, Safety, Harvard Medical School, Thrombin, Pharmaceutical industry

PARAMUS, N.J., Jan. 3, 2024 /PRNewswire/ -- Octapharma USA has announced Balfaxar® (prothrombin complex concentrate, human-lans; marketed in Europe and Canada as octaplex®) is now available. The new non-activated four factor prothrombin complex concentrate (4F-PCC), approved by the U.S. Food and Drug Administration (FDA) this summer, is indicated for the urgent reversal of acquired coagulation factor deficiency induced by vitamin K antagonist (VKA, e.g., warfarin) therapy in adult patients with need for urgent surgery or invasive procedures.

Key Points: 
  • The new non-activated four factor prothrombin complex concentrate (4F-PCC), approved by the U.S. Food and Drug Administration (FDA) this summer, is indicated for the urgent reversal of acquired coagulation factor deficiency induced by vitamin K antagonist (VKA, e.g., warfarin) therapy in adult patients with need for urgent surgery or invasive procedures.
  • Octapharma has the Balfaxar® production flexibility to ensure consistent supply for hospitals and medical providers.
  • "Octapharma has the production flexibility to ensure consistent supply for hospitals and medical providers now and in the future.
  • Balfaxar® met the primary endpoint of hemostatic efficacy in patients on a vitamin K antagonist undergoing urgent surgery with significant bleeding risk.

India Smart Manufacturing (Industry 4.0) Market Report 2023: India Embraces Industry 4.0 with 'Smarth Udyog Bharat 4.0' Initiative

Retrieved on: 
Tuesday, January 2, 2024
Car, Foreign direct investment, Digital, Culture, FDI, Electronics, INR, National Association, NASSCOM, AI, Internet of things, IIOT, COVID-19, Ministry, Textile, Traction, Growth, Investment, Steel, Automation, Data science, Retail

DUBLIN , Jan. 2, 2024 /PRNewswire/ -- The "Smart Manufacturing (Industry 4.0) Market in India 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN , Jan. 2, 2024 /PRNewswire/ -- The "Smart Manufacturing (Industry 4.0) Market in India 2023" report has been added to ResearchAndMarkets.com's offering.
  • The IoT in the manufacturing market in India was valued at INR 422.57 Bn in FY 2022.
  • A strong IoT in the manufacturing market will contribute to the adoption of smart manufacturing in India.
  • With the change in the Industry 4.0, automation of conventional manufacturing, and industrial practices, COVID-19 boosted digital manufacturing in India.

Adani Promoters to Invest USD 1,125 million equity in Adani Green

Retrieved on: 
Tuesday, December 26, 2023
Other Energy, Utilities, Sustainability, Environment, Finance, Alternative Energy, Energy, Professional Services, Adani Group, Growth, USD, TotalEnergies, Adani Green Energy, INR, EGM, Adani, Renewable energy

The issuance is subject to the approval of regulatory and statutory authorities as well as the shareholders of the company at the Extraordinary General Meeting (EGM) scheduled on 18 January 2024.

Key Points: 
  • The issuance is subject to the approval of regulatory and statutory authorities as well as the shareholders of the company at the Extraordinary General Meeting (EGM) scheduled on 18 January 2024.
  • The funds shall be utilized for deleveraging and accelerated capital expenditure.
  • “India is on the cusp of becoming a global leader in renewable energy and Adani Green Energy is in the vanguard of this revolution,” said Mr Gautam Adani, Chairman of the Adani Group.
  • In addition, AGEL has announced USD 1.425 billion of equity capital (USD 1.125 billion from preferential issuance by promoters and USD 300 million from TotalEnergies JV), which translates to a capital raise of ~USD 3 billion.

Adani Portfolio’s Credit Profile Strongest Among Indian, Global Infrastructure Sector

Retrieved on: 
Wednesday, December 13, 2023
Professional Services, Utilities, Transport, Alternative Energy, Energy, Finance, Other Transport, EBITDA, Investment, Growth, Depreciation, Yoy, INR, FFO, AA, Bank, Bookkeeping

Adani Portfolio, India’s fastest growing and highest-rated infrastructure portfolio, today released its half-yearly credit performance.

Key Points: 
  • Adani Portfolio, India’s fastest growing and highest-rated infrastructure portfolio, today released its half-yearly credit performance.
  • Adani Portfolio is committed to building a world-class infrastructure and utility platform.
  • In the first half of fiscal year 2024, the Adani Portfolio of companies demonstrated a robust financial performance while further enhancing its strong credit profile.
  • Thanks to such a stable credit profile, ratings of all entities (more than 100) in the portfolio companies have remained intact.

Asia Pacific Alternative Lending Business Report 2023: Market to Grow by 15.1% to Reach $295 Billion in 2023 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 12, 2023
Professional Services, Finance, Cambridge Centre, Acquisition, B2B, Demography, Asian Development Bank Institute, Alternative finance, Health, SME, City, Friends, Digital, Millennials, IDBI Bank, B2C, Internet, Growth, ASEAN, INR, Real estate, Semiconductor, Online shopping, Cryptocurrency

Alternative lending market in Asia Pacific is expected to grow by 15.1% on an annual basis to reach US$295.0 billion in 2023.

Key Points: 
  • Alternative lending market in Asia Pacific is expected to grow by 15.1% on an annual basis to reach US$295.0 billion in 2023.
  • Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 9.4% during 2023-2027.
  • The alternative lending market in the region will increase from US$256.3 billion in 2022 to reach US$422.6 billion by 2027.
  • The Asia Pacific alternative lending industry is poised to record strong growth over the next five years.

Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K Cr

Retrieved on: 
Tuesday, December 12, 2023
Other Transport, Alternative Energy, Energy, Transport, Utilities, Hydrogen, EBITDA, Green hydrogen, Yoy, Airport, Adani Ports & SEZ, ACC, USD, Adani Power, Ambuja Cements, Adani Enterprises, Compound annual growth rate, Growth, AEL, Adani Green Energy, Overalls, INR, SEZ, Renewable energy, Bookkeeping, Adani

The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.

Key Points: 
  • The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.
  • During the period, the portfolio level EBITDA stood at Rs 43,688 Cr (USD 5.3 billion), up 47% YoY.
  • These businesses include the utility (Adani Green Energy, Adani Energy Solutions, Adani Power and Adani Total Gas), transport (Adani Ports & SEZ) and other infrastructure businesses (those being incubated by Adani Enterprises – green hydrogen integrated manufacturing, airports and roads).
  • The incubation under Adani Enterprises continues to progress well, with the assets contributing 8% of the overall EBITDA.