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Posts in category Business Standard
Indian Real Estate Markets Sees Significant Positive Shift In Homebuyer Sentiment And Investment Trends, According To FICCI Survey (06-03-2024)
The Indian real estate market is experiencing a significant positive shift in homebuyer sentiment and investment trends, as unveiled by the latest FICCI – ANAROCK Homebuyer Sentiment Survey for the second half of 2023. The survey indicates a dynamic sector evolution driven by changing consumer preferences and robust investment confidence. The survey also highlighted a 7 per cent increase in investors considering residential real estate as a viable investment option, with 36 per cent of prospective buyers in the latter half of 2023 viewing properties from an investment lens. This uptick indicates the sector’s appeal as a stable and lucrative investment avenue.
IIFL Finance to receive USD 200 million liquidity support from Fairfax India (06-03-2024)
Fairfax India Holdings Corporation, a long standing investor in IIFL Finance, has announced its commitment to provide liquidity support amidst the recent Reserve Bank of India (RBI) embargo effective 05 March 2024, on the company’s gold loan disbursements.
Spandana Sphoorty Financial allots 38,125 equity shares under ESOP (06-03-2024)
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Indices trade with modest losses; oil & gas stocks slide (06-03-2024)
The frontline indices traded with limited losses in a narrow range in mid-morning trade. The Nifty hovered below the 22,300 level. Oil & gas shares slipped after gaining for the past fourth consecutive trading sessions.
Shankara Building Products receives ratings action from CRISIL (06-03-2024)
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Ajmera Realty bags Rs 500 cr loan from financial institutions (06-03-2024)
Ajmera Realty & Infra India announced that it has successfully secured credit facilities totaling to Rs 500 crore from Standard Chartered Bank and ICICI Bank for Ajmera Manhattan residential project, to partly prepays the GCP loan.
Mahanagar Gas slumps 16% as Citi downgrades stock to ‘sell’ (06-03-2024)
The brokerage believes city gas distribution companies, such as MGL, stand vulnerable to regulatory changes, wherein the government would want consumers to benefit from sectoral reforms
Torrent Pharma Gujarat facility clears USFDA inspection (06-03-2024)
The drug maker informed that the US drug regulator has issued an establishment inspection report (EIR) for the Bileshwarpura facility in Gujarat stating the inspection to be closed.