India’s real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. Illustration: Dominic Xavier/Rediff This growth trajectory builds on rising occupancies,
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them.
Indian government’s decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors’ body CREDAI. Illustration: Dominic Xavier/Rediff The association, which has a
The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world’s manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi
Equity benchmark indices Sensex and Nifty surged on Friday in line with a global market rally amid rising hopes that the US Federal Reserve will cut interest rates next week. Photograph: ANI Photo Optimism over a successful conclusion of India-US
Stock market regulator Sebi’s board on Friday cleared significant reforms, focusing on IPO regulations, simplified entry for foreign investors, and a new framework for anchor investors in public issues. Photograph: ANI Photo This was the third board meeting chaired by
‘We are increasing our footprint, but other markets also compete — like Indonesia or Vietnam.’ Photograph: Kind courtesy Lenovo India/Instagram It is the largest personal computer (PC) player in the world and holds the second spot in India in terms
Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by CREDAI and Anarock. Illustration: Dominic Xavier/Rediff CREDAI, the apex body
India’s forex reserves jumped $4.04 billion to $698.27 billion during the week ended September 5 on the back of a sizeable increase in value of gold reserves, the RBI data said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting
The initial public offer of app-based beauty and home services platform Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the last day of bidding on Friday. Illustration: Dominic Xavier/Rediff The Rs
