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Affordable Housing Supply Share at 20% in 2022 – Where Is It Headed?

India and the rest of the world came to a literal standstill with Covid-19 in 2020, and the brief recovery thereafter was followed by the Russia-Ukraine war – which has negatively reset the whole world’s economic barometer. Next came the bursting of a tech boom bubble created by the Covid-19 pandemic, with mass layoffs at […]

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Business Economic & Finance Funding Investing

The Abu Dhabi Investment Authority invests $500 million in Lenskart, the eyewear unicorn

A definitive agreement has been signed between Lenskart and Abu Dhabi Investment Authority (ADIA) to raise $500 million.Lenskart’s valuation of $4.5 billion was maintained with the extension of last year’s funding round. According to the company, the capital will be used to expand in Asia and the Middle East. ADIA’s investment includes some secondary purchases […]

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Advisor Network Economic & Finance Market Overview Stocks & Funds

India’s top 100 stocks, the five most popular stocks have delivered double-digit returns, according to analysts

While India’s corporate earnings performance in the December 2022 quarter was muted and largely below market expectations, analysts remain largely bullish on the top 100 stocks by market cap. A Motilal Oswal analysis shows that analyst recommendations on these stocks have moderated only marginally from 73% a year ago to 71% in March 2023. Based […]

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Careers Economic & Finance New startups

Your job might be at risk if you are working in any of these roles

In today’s news, layoffs are common. The reasons are many, but employee performance is always at the forefront. And that’s the definition of layoff too – the act of terminating a worker’s employment, sometimes temporarily, usually due to a lack of work, the employees job are always at risk. Due to the pandemic, start-ups raised […]

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Economic & Finance Health & Wellness Healthcare & Fiscal Pharma & Healthcare Uncategorized

Pfizer Acquires Seagen: What Does This Multibillion-Dollar Deal Mean for the Biotech Industry?

A $43 billion deal has been reached between Pfizer and Seagen. The Wall Street Journal reported that Pfizer has agreed to pay USD 43 billion for biotech Seagen and its pioneering cancer drugs. In the deal, Pfizer will pay USD 229 in cash per share, according to the drugmaker. The deal, which includes debt, is […]

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Careers Economic & Finance Technology

Forbes names TCS one of America’s Best Large Employers

Tata Consultancy Services (TCS) has been named to Forbes’ annual list of “America’s Best Large Employers” for 2017. An independent survey of 45,000 employees at American companies with more than 1,000 employees led to this recognition. Suresh Muthuswami, Chairman, TCS North America, said the company strives to provide an employee-friendly workplace that fosters innovation and […]

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Economic & Finance Pharma & Healthcare

By 2040, India’s chemical demand is expected to reach $1,000 billion

During the next two decades, India will contribute more than a fifth of incremental global chemical consumption, according to a report by McKinsey, as domestic demand is expected to reach USD 1,000 billion by 2040. According to McKinsey’s report titled ‘India: The next chemicals manufacturing hub’, the country’s chemical industry has outperformed global peers when […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

India’s Affordable Housing Story – No Happy End in Sight?

Affordable housing is about providing decent homes at low prices that are within reach of lower- and lower-middle-income buyers. There are many definitions of affordable housing, but the government defines it as homes with a carpet area of up to 60 square meters. A house must cost no more than Rs. 45 lakh to be […]

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Business Economic & Finance Food & Drinks Funding Personal Finance Stocks & Funds

Indian beer brand Bira 91 raises $10 million from Japan’s MUFG Bank

It announced on Friday that it raised $10 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) Bank. Bira 91 plans to use the funds to ramp up production, enhance supply chain, and enhance innovation, raised $10 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) Bank. “MUFG Bank has consistently invested in the Indian economy. Due […]

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Economic & Finance Market Overview Mobiles & Gadgets Press Releases Retail

Indian telecom market saw 36% value growth in offline retail in 2022

Mumbai, March 9, 2023: For 2023, GfK forecasts a stabilization of the global market and takes a closer look on the Indian Telecom market. “According to GfK Market Intelligence for Offline Retail Sales Tracking, while the global Telecom market closed 2022 with a 9.7 percent decline in revenue compared to the previous year, India was […]

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