Real estate investments in India reach historic high at $8.9 billion in 2024: JLL

 Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a report showed on Wednesday.  This represents a substantial 51 per cent increase (to date) from the previous year's … Read more

Investec initiates `Buy`rating for Ambuja Cements with target price of Rs 950

Global banking and wealth management group Investec on Wednesday initiated a ‘BUY’ rating for Ambuja Cements with a target price of Rs 950 from Rs 577 apiece, which is an impressive 65.1 per cent return as projected.  In a note, Investec wrote that it “finds comfort in management, reaffirming its growth goals, cost/synergy targets and … Read more

Harnessing power of technology crucial to driving inclusive growth in India: Jeet Adani

For a developing nation like India, harnessing the power of technology is crucial to driving inclusive growth, improving governance and tackling the long-standing challenges in areas like education, healthcare and financial inclusion, ensuring that technology benefits all segments of society, Jeet Adani, Director of Adani Airport Holdings Ltd (AAHL), said on Tuesday.   Delivering the … Read more

Rupee to linger near all-time low before Fed rate forecasts

The Indian rupee is likely to hold near lifetime lows on Wednesday, with traders awaiting the Federal Reserve's projections on how many times it will cut interest rates next year. The one-month non-deliverable forward indicated that the rupee will mostly unchanged from 84.8950 in the previous session. The dollar index was little changed on Wednesday, … Read more