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Category Archives: Banking & Finance

Delays dogging Indian property sector

The Loser: home buyers Project delays are one of the most alarming issues historically dogging the Indian real estate sector, writes Prashant Thakur (above), Head – Research, ANAROCK Property Consultants .

Singapore Exchange

SGX Nifty to trade beyond August 2018

Court orders SGX not to offer new equity derivatives   Trading of SGX Nifty contracts have been extended beyond August 2018 on Bombay court order where the Singapore Exchange (SGX) and National Stock Exchange (NSE) of India are locked in a legal case.

Nokia selects Wipro for digital supply chain

Wipro to apply robotics process automation Finland’s Nokia has selected Wipro Limited (NYSE: WIT) (BSE: 507685) (NSE: WIPRO), for the “Go-Live for the design and digitalization” of its sales order operations as part of a multi-year business process services deal.

Virat Kohli bats for Remit2India

Remit2India spreads its footprint globally Indian cricket captain Virat Kohli has signed on as global Brand Ambassador for Remit2India, the Indian diaspora-focused global online remittance portal.

Indian Real Estate’s IPO Revival

Strong liquidity boost IPO sentiment The Initial Public Offer (IPO) in the real estates is being revived, writes Shobhit Agarwal, MD & CEO – ANAROCK Capital.  Strong domestic liquidity, the resilient Indian economy, the surge in foreign institutional investors and improving investor sentiments have pushed the

HDFC proposal approved for additional capital

Foreign shareholding set at 74% The Cabinet has approved a proposal for HDFC Bank Ltd to raise additional share capital of up to a maximum of Rs.24,000 crore so the composite foreign shareholding in the Bank shall not exceed 74% of the enhanced paid-up equity

Pragati Maidan land offered for hotel

Land monetization to fund part of IECC India Trade Promotion Organisation (ITJPO) is offering a 3.7 acre land at Pragati Maidan in Delhi on a 99 year lease for construction and running of a Hotel by a third party including private sector through a transparent