Realty firm Mahindra Lifespace Developers Ltd will redevelop a housing society in Mumbai and expects to earn a revenue of Rs 1,010 crore from the sale of free area.Read More
Embassy REIT owns and operates a 50.8 million square feet portfolio of 14 office parks in Bengaluru, Mumbai, Pune, Delhi-NCR and Chennai. The portfolio comprises 40.9 million sq ft of operational area.Read More
Several global and domestic funds withdrew from Meesho’s anchor book, citing dissatisfaction with share allocation, particularly SBI Mutual Fund’s large portion. Market commentators Samir Arora and Sandip Sabharwal have raised concerns, suggesting reforms to the IPO anchor system to ensure fairness and transparency in the allotment process.Read More
Copper hovered near record highs on MCX as the rupee’s fall past 90 boosted domestic prices. Despite profit-booking in global markets, supply concerns—from Chinese smelter cuts to higher Codelco premiums—kept sentiment firm. Analysts say the trend remains bullish, with buying on dips preferred as long as key support zones hold.Read More
The rupee’s breach of 90 per dollar has amplified concerns over sustained foreign selling in Indian equities, with Uday Kotak warning that while overseas investors appear “smarter” for now, the long game remains uncertain. Heavy outflows, hedging demand, and weakening FDI have pushed the currency to its most fragile point in years.Read More
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