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India s Blue Dart Express Q4 profit rises 12% on improved demand

India s Blue Dart Express reported a rise in fourth-quarter profit on Thursday, aided by strong demand for its logistics services. WHY IT S IMPORTANT Blue Dart, barring.

Short Call: Aviation stocks could face headwinds; focus on Mahindra Logistics, HUL

Factors driving high air fares are the issues at Vistara, Pratt & Whitney engine issues and increased travel because of the upcoming elections

private equity fund: Kedaara Capital closes largest India PE fund at $1 74 billion

Kedaara Capital has closed its $1.73 billion fund, Kedaara IV, the largest fund raised by an India private equity fund in 12 years. The fund, which will be its fourth in 12 years, was raised in just four months beginning last December and would even surpass Chrys Caps $1.3 billion Fund IX raised in 2023. Around 85% of Kedaaras new fund was raised from existing backers, including the three of the largest Canadian pension funds – CPPIB, CDPQ, and Ontario Teachers Pension Plan (OTPP).

Hold Mahindra Logistics; target of Rs 432: ICICI Securities

ICICI Securities recommended hold rating on Mahindra Logistics with a target price of Rs 432 in its research report dated April 24, 2024.

Mahindra Logistics hopes Rivigo can deliver a swift turnaround

Mahindra Logistics hopes Rivigo can deliver a swift turnaround
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