There was a big movement for Paytm shareholders on Thursday as a block deal took place where 2,59,930 shares were sold at Rs 535.90 worth Rs 13.93 crore. Multiple sources confirmed that Chinese group Alibaba is behind the deal, selling up to 3.1 percent of its total equity of about 6 percent. Alibaba seems to […]
In the wake of unsubstantiated rumors of Worldwide Wrestling Entertainment(WWE) being sold to a Saudi Arabian sovereign wealth fund, the company’s shares spiked and then slipped Wednesday, even though the company’s market cap has increased nearly $2 billion since the return of its scandal-ridden billionaire boss Vince McMahon. WWE shares soared as much as 2.5% […]
Mumbai, 10 January 2023: The Covid-19 pandemic was no deterrent for the NCR real estate market, which remained vibrant and performed remarkably well in 2022. The region witnessed more interest from private equity players than its counterpart realty hotspot MMR. ANAROCK Capital’s Flux – 9M FY23 report reveals that PE players invested USD 1,215 Mn into NCR the […]
Mumbai, 5 January 2022 – Mirae Asset Credit Opportunities Fund has announced its outright acquisition of a pre-leased Grade A industrial asset at Bhiwandi, MMR for INR 130 Crs. The industrial property, housed in the 160-acre K-Square Integrated Industrial Park and spreads over 9 acres, has been acquired from Prakhhyat Group. As Mirae Asset Investment Group’s […]
The Indian housing sector did very well in 2022. Recent reports by real estate consultants like Anarock confirm that residential property sales during the year not only increased by over 50% over 2021 but also reached a new all-time peak. But this does not mean that everything is smooth sailing for the Indian housing industry as […]
Apple’s weak performance in 2022 has spilled over into 2023, with the stock down 4% to begin the year. During Tuesday’s sell-off, Apple lost $85 billion in market value, taking it below the $2 trillion valuation mark for the first time since May. The last company to hold onto such a high valuation was Apple, […]
After a prolonged feeling of restored safety and even complacency, we are now looking at the possibility of another wave of the Covid-19 virus. While this new variant is said to be less damaging overall, the medical world warns that it is far more transmissible than the previous strains. What does this mean for the […]
Vital components in the manufacturing of several modern, tech-enabled products, semiconductor is a crucial component in the manufacturing sector in India. However, their production is limited to only a few countries across the globe owing to the exorbitant costs involved. The global events that unfolded in the recent past, such as the pandemic and the […]
Mumbai, 27 December 2022: Despite the gradual hike in property prices and home loan interest rates in 2022, it has been a fantastic year for residential real estate. Latest ANAROCK Research indicates that housing sales in the top 7 cities have created a new peak in 2022, breaching the previous high of 2014. Approx. 3,64,900 units […]
A New Home or a Resale in 2023? Pros and Cons
It’s 2023 – a new year, with new opportunities, hopes, and aspirations. If you’re on the market for a home this year, you will doubtlessly have wondered whether a resale flat will fulfill your needs just as well as a new one. It’s a natural conundrum – resale homes are generally (though not always) cheaper […]