SpaceX has lined up four banks to lead its initial public offering, according to the Financial Times, as Elon Musk’s rocket and satellite firm moves forward with plans for the biggest-ever listing. SpaceX told its employees in December it’s entering a quiet period and that they should refrain from discussing the IPO (AFP) The company […]
At least 126 land deals covering over 3,772 acres were closed across seven top cities in 2025, compared with 133 deals for more than 2,514 acres in 2024. The Mumbai Metropolitan Region (MMR) led the activity with 32 deals spanning 500 acres, followed by Bengaluru with 27 deals over 454 acres and Pune with 18 […]
Jio Platforms Ltd. is said to have chosen Morgan Stanley and Goldman Sachs to lead its blockbuster IPO that would peg the valuation of India’s largest telecom operatort at $133-182 billion. The Jio Platforms IPO is likely to an even split of new shares and those offloaded by existing private-equity shareholders. (Bloomberg) The digital unit […]
Anthropic PBC has appointed former Microsoft Corp. executive Irina Ghose as managing director of India operations, a strategic move to solidify its foothold in its second-largest market globally as the AI startup prepares to open its first local office. Irina Ghose, previously Microsoft India MD, brings to Anthropic AI more than three decades of experience […]
India’s stock market rose today, supported by a surge in IT stocks after Infosys Ltd. raised its full-year revenue growth outlook. The Bombay Stock Exchange (BSE) in Mumbai (Reuters) At 10:20 am, the Nifty 50 rose 0.64% to 25,830.95, while the 30-share Sensex added 0.73% to 83,995.35. Fourteen of the 16 major sectors logged gains. […]
Capital inflows into India’s real estate sector surged 25% year-on-year to $14.3 billion in 2025, led by Mumbai, Bengaluru, and Delhi-NCR, according to CBRE’s India Market Monitor Q4 2025 – Investments report. The October–December quarter alone attracted $3.3 billion, recording about a 30% Y-o-Y increase. Capital inflows into India’s real estate sector rose 25% to […]
Hyundai Motor India Ltd on Thursday said Tarun Garg has officially assumed charge as its Managing Director & Chief Executive Officer (MD & CEO) from January 1, 2026. Tarun Garg succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company (HMC), South Korea. (File Photo/ Bloomberg) This is the first time […]
India’s premium residential market clocked a price growth of up to 36% year-on-year in 2025 in under-construction projects, with Noida (9–36%), Mumbai (20–30%), Gurugram (2–19%) and Bengaluru (13–15%) emerging as the top performers, as infrastructure-led connectivity, higher launch benchmarks and demand for amenity-rich homes reshaped buyer preferences, according to a report by Savills India. India’s […]
Moody’s Ratings on Friday said with a 7 per cent GDP expansion in 2025 and 6.4 per cent in the next year, India will lead growth among emerging markets and across the Asia Pacific region. Moody’s also said that India’s domestic growth drivers underpin its economic resilience amid global uncertainty. (Bloomberg) Moody’s also said that […]
The opening of Noida International Airport is expected to further accelerate momentum in the city’s office leasing market. Between January and September 2025, Noida recorded 3.3 million sq ft of gross leasing, with activity projected to reach 4.7 million sq ft by year-end, a report by Cushman & Wakefield has said. The opening of Noida […]
