Sushma Group, a prominent real estate developer in Northern India, has forged a significant partnership with Bayside Corporations (BCS), a renowned entity in the luxury segment of Indian real estate, to enhance the sales of its exclusive projects in Kasauli. This collaboration represents one of the inaugural exclusive selling agreements within the hill station real
The dollar has gone from strength to strength as US President-elect Donald Trump emerged victorious. This along with the Fed rate cuts has helped rhe dollar rally. However, the rupee as a result slipped to all-time lows. The continuous FII selling also dented sentiment. Dollar on a dream-run The US Dollar Index (DX100) also touched
Congress leader Rahul Gandhi on Thursday alleged that five lakh jobs from Maharashtra have been snatched as various big projects have been shifted to other states. “Our government will not allow this. Projects meant for Maharashtra will remain here while those meant for Gujarat will stay there,’ he said. Addressing a rally in Nandurbar, the
Emaar India, the Indian entity of the internationally-acclaimed Emaar brand, has unveiled its newest eco-friendly luxury residential development, ‘Amaris’, in Sector 62 along the Golf Course Extension Road in Gurugram. The company intends to allocate between Rs 850 crore and Rs 900 crore for the development of the project, anticipating a revenue of Rs 2500
A recent study by NTT DATA reveals that Indian organisations are planning to increase investments in generative artificial intelligence (GenAI). This shift marks a transition from initial experimentation to a focus on long-term use cases aimed at enhancing business performance, compliance and safety. Globally, 99% of organisations surveyed indicated similar plans to boost GenAI investments
The newly-launched Securities and Exchange Board of India’s (Sebi) online settlement calculator (beta version) is throwing up new challenges for stakeholders. For example, recently a company changed its mind about settling a case after there was a significant mismatch between the calculator and the internal committee’s assessment of the fine amount. That is, while the
Just a month after reducing India’s overweight to 10% to increase exposure to China, Hong Kong-based brokerage firm CLSA has reversed its stand. The brokerage on Friday decided to go 20% above MSCI weight on India as it “no longer has sufficient conviction to maintain an above benchmark exposure on Chinese equities into 2025”. Interestingly
By Jignesh Shah Infrastructure investment trusts (InvITs) are required by law to distribute 90% of their cash flows to investors, making them ideal for income-seeking individuals. These cash flows are generally backed by stable infrastructure assets with long-term contracts, thereby providing extra comfort to the investors. They also offer capital appreciation potential. If the underlying
When an investment matures, you face a crucial decision: withdraw the funds or reinvest them for future growth. The right choice depends on your financial goals, market conditions, and liquidity needs. Reinvesting can help build wealth through compounding, while withdrawing may be ideal for immediate expenses or reallocating to better opportunities. Understanding the pros and
With Bharti Airtel and Reliance Jio announcing their respective agreements with SpaceX, JM Financial said that this tie-up is largely neutral for the two telecom companies and there seems to be no significant risk to growth potential for Indus Towers. Currently, the agreement between the two telcos and SpaceX is limited to distributing Starlink’s satellite
OLA Electric Mobility has been continuously in the eye of the storm. The share price fell below Rs 50 per share on the National Stock Exchange, down 6.2% intra-day. This is after Rosmerta Digital Services initiated insolvency proceedings against OLA Electric Mobility’s wholly-owned subsidiary, Ola Electric Technologies, for non-payment of incurred services. Rosmerta initiates bankruptcy
Wipro shares fell 0.9% to an intra-day low of Rs 261.70 after it realigned the global business with clients’ needs. The stock was among the major losers on Nifty and has lost 13% year to date. The restructuring in global business line comes amidst the US recessionary concerns and challenging macroeconomic conditions. Also, the company
Infosys is back in the spotlight as investors keep a close watch on the IT giant following recent developments. From its upcoming quarterly earnings to stock performance trends, here are five key things to know about Infosys shares right now. Infosys: Quarterly earnings on the radar The countdown has begun for Infosys Q4 results. The
