Sankey Prasad Acquires 100% Stake in Colliers Project Leaders Middle East
India/ UAE, Dec 8: Sankey Prasad, a seasoned real estate entrepreneur and advisor with a four-decade track record spanning a global portfolio, has acquired 100% ownership of the Colliers Project Leaders (CPL) business in the Middle East. With this acquisition, he assumes the role of Chairman of the newly-independent...
INR Depreciation Seen as Macroeconomic Cushion Despite Wider CAD, Says Bandhan AMC Economist
By:- Mr. Sreejith Balasubramanian, Senior Vice President & Economist Fixed Income, Bandhan AMC The Balance of Payments (BoP) is likely to be negative for two consecutive years after a long time. The Current Account Deficit (CAD) has risen, but the expected levels are not alarming, and capital account outflows...
Fino becomes India’s first Payments Bank to receive ‘In-principle’ approval from RBI for conversion into a Small Finance Bank
Mumbai, Dec 06: Fino Payments Bank Limited (“Fino” or “the Bank”) today announced that it has received the Reserve Bank of India’s (“RBI”) ‘In-principle’ approval to convert into a Small Finance Bank (“SFB”) marking a significant step in the Bank’s long-term vision to become India’s most trusted, digital-led bank....
CREDAI Hyderabad Responds to RBI Rate Cut
Hyderabad: Dec 06: Confederation of Real Estate Developers Association of India (CREDAI) Hyderabad welcomes RBI’s 25 basis point rate cut and presents the following leadership quotes to capture the key points and intent as stated by CREDAI Hyderabad executives. The release underlines how the move supports affordable housing, buyer...
Uber sees record festive demand for Courier, plans expansion to 10 more cities
Chandigarh, Dec 05: Uber today shared key trends for Uber Courier and Uber Courier XL this festive season, marking the highest-ever demand for the delivery products. As consumers across Indian cities increasingly turn to Uber for everyday and festive deliveries, the company announced plans to expand Uber Courier to over...
Morningstar Announces Clearer, Simplified Medalist Rating to Empower Investor Success
Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced significant updates to its Morningstar Medalist Rating™, its comprehensive forward-looking rating for managed investments. The updated methodology, which will go live globally in April 2026, is designed to simplify the rating structure, make the rating more transparent...
RBI Cut Sets Stage for Lower Yields, Stronger Growth
By – Amit Somani, Deputy Head – Fixed Income, Tata Asset Management. RBI delivered a 25bps policy rate cut and kept the stance as Neutral. One member, Prof. Ram Singh, was in favor of changing the monetary policy stance from Neutral to Accommodative. FY26 CPI Inflation outlook has been...
RBI’s 25bps Cut Boosts Luxury Homebuyer Confidence, Mumbai Market Gains: CCI Projects
By:- Mr. Rohan Khatau, Director, CCI Projects pvt. ltd on RBI MPC repo rate cut announcement. “The steady increase in demand for luxury homes indicates clearly the buyer’s preference for the premium category, as a sizeable portion of sales is concentrated in the ₹1 crore-and-above price category. The 25...
Rate Easing in Line With Projections; One Final 25 bps Cut Still Possible
By – Mr. Vikram Chhabra, Senior Economist, 360 ONE Asset The RBI’s decision to cut the repo rate by 25 bps is broadly in line with our expectations. Inflation has consistently printed below the RBI’s projections, indicating that there was adequate room for policy easing. Although GDP growth has...
Kaya Strengthens Its Presence in Tamil Nadu with the Launch of Its Second Clinic in Coimbatore
Coimbatore, Dec 05: Kaya, India’s most trusted dermatologist-led clinic chain, announces the opening of its second clinic in Coimbatore, further cementing its presence in “Manchester of the South.” Following the success of its first clinic at Skanda Square, Kaya’s new space on DB Road is a testament to the city’s...