Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per […]
Currently employing around 500 people, the plant is expected to generate employment for nearly 1,500 professionals over the next 12–24 months Hisense, a player in consumer electronics and home appliances, has inaugurated its first manufacturing facility in India through a joint venture with Epack Manufacturing Technologies Private Ltd (EMTPL), a wholly owned subsidiary of Epack Durable Ltd (EDL), at […]
Italian fashion brand OVS has leased over 11,000 sq ft of retail space in Sky City Mall at Borivali, Mumbai, for a total rent of around ₹28 crore for a period of five years, or 10 per cent of the company’s revenue from the store, whichever is higher, according to property registration data accessed by […]
N Kamakodi, MD & CEO, City Union Bank. | Photo Credit: BIJOY GHOSH Private sector lender City Union Bank has reported a net profit growth of 16 per cent year-on-year (y-o-y) at ₹332 crore in the third quarter ended December 2025 (Q3FY26). Profit grew on growth in advances and improvement in yield on advances. Asset […]
Budget 2026–27 reinforced the government’s urbanisation push, prioritising infrastructure development in tier-II and tier-III cities. The renewed emphasis on these cities is expected to create an additional growth lever for the real estate sector alongside tier-I markets, said real estate experts. Budget 2026: CREDAI welcomed the government’s infrastructure push but said it was “deeply disappointed” […]
As property prices rise across East Bengaluru, a growing number of homebuyers are raising concerns over what they describe as ‘pigeon-hole’ 2 BHK apartments, homes that offer expansive open spaces and amenities on the outside but cramped, poorly designed interiors within. A Reddit thread has highlighted the struggles of first-time buyers and tenants who say […]
Facebook India has leased nearly 69,702 sq ft of office space in Hyderabad’s Hitec City for a five-year term at a monthly rent of almost ₹67 lakh, reinforcing the city’s position as a key global capability centre (GCC) and technology hub. According to the lease deed accessed by real estate data analytics firm CRE Matrix, […]
Mumbai-based real estate developer, Sri Lotus Developers & Realty Limited, on January 7, announced that it has signed a joint development agreement with Bollywood actor Abhishek Bachchan to construct a luxury mixed-use development project in the GIFT City area in Gandhinagar, Gujarat. GIFT City Real Estate: Mumbai-based real estate developer, Sri Lotus Developers & Realty […]
The Noida authority on Saturday, after five years, lifted a ban on the issuance of occupancy certificates, registries and sale and purchase of completed apartments in group housing projects being built under the Sports City scheme in Sector 150, along the Noida-Greater Noida Expressway. Homebuyers said that realtors and the Noida authority must expedite the […]
AHMEDABAD: The Indian AI Research Organisation (IAIRO) will be established in Gujarat’s GIFT City through a public-private partnership among the Gujarat government, the Union government, and the Indian Pharmaceutical Alliance, the state government said in a statement. Gujarat Chief Minister Bhupendra Patel (@BJP4Gujarat) Chief minister Bhupendra Patel granted in-principle approval for the project on Tuesday […]