Norway’s sovereign wealth fund is consolidating its European real estate team in London, closing its Paris office opened in 2018. This move aims to enhance effectiveness in delivering returns, though the fund’s real estate exposure in France remains unchanged. The Paris office employed six people.Read More

Labdhi Lifestyle Ltd is investing Rs 700 crore to develop ‘BKC Edge’, a 2.25 lakh sq ft premium office complex in Mumbai’s Bandra Kurla Complex. The project, expected to generate over Rs 1,000 crore in sales, aims to address the acute supply constraints for Grade-A office spaces in the area. The development will feature more...Read More

Prologis, a major real estate firm, exceeded revenue expectations in the fourth quarter. Strong demand for its storage facilities, used by retailers and manufacturers for e-commerce and inventory, boosted performance. The company, which manages vast logistics real estate globally, also expanded its data center power pipeline. Prologis expressed confidence in future earnings growth.Read More

South India’s MyHome Group is making a significant nationwide push, investing ₹4,100 crore to expand into Mumbai, Bengaluru, and Chennai. This strategic move aims to leverage their proven success in Hyderabad, with new projects promising a development potential of 46.6 million sq. ft. and a GDV of ₹37,500 crore, marking a new growth phase for...Read More

The Indian Rupee has recovered from its lowest point against the US Dollar. This rebound follows positive sentiment after President Trump indicated no new tariffs on Europe. Domestic stock markets also saw gains, supporting the Rupee’s recovery. However, global uncertainties and trade deal progress remain key factors influencing the currency’s future stability.Read More

Indian metal stocks are poised for a favorable phase, driven by robust global demand for both precious and industrial metals, alongside supply constraints and supportive Indian policies. Copper, zinc, and aluminum are expected to see upside, with ferrous metals to follow, as China’s demand and domestic protectionism bolster the sector.Read More

Senco Gold is set to acquire a 68% stake in Melorra’s parent for Rs 68 crore, strengthening its digital and omnichannel presence. The move targets younger consumers, enhances design capabilities, and supports long-term growth, though near-term technical indicators suggest subdued momentum.Read More

On January 21, three NSE-listed stocks with a market capitalisation above Rs 10,000 crore featured in the White Marubozu bullish scan, based on StockEdge data. The candlestick pattern signals strong buying interest throughout the session, indicating improving momentum and potential near-term upside that traders often track for bullish trend confirmation.Read More

Bengaluru-based PhonePe has filed an updated draft red herring prospectus for its IPO, detailing a pure offer-for-sale of up to 5.06 crore shares. This move will see a partial exit for major backer Walmart and a full sell-down by early investors Microsoft and Tiger Global. The company has received in-principle approval to list on the...Read More

Indian equity markets are volatile ahead of the Union Budget, but long-term investors may find opportunity. Pankaj Murarka of Renaissance Investment Managers says FII selling and midcap corrections have normalized valuations, while strong fundamentals, improving earnings growth and potential budget-led stimulus make banking and consumer stocks attractive for patient investors.Read More