Page 24 - Aneeka Chatterjee

Anarock raises Rs 200 cr from 360 One Asset Management for biz expansion

The funding aims to enhance Anarock's technology infrastructure, accelerate its expansion, and introduce innovations to strengthen its leadership in the Indian real estate services sector

Falling biotech funding may be a bitter pill to swallow for CDMOs

Indian CDMOs are focusing on big biotech clients, and going forward, they believe the funding issues will not last long

Budget focus on infra, connectivity to help real estate growth: Experts

The Interim Union Budget 2024-25 also focused on women's empowerment through housing facilities under the PM Awas Yojna scheme

Desi single malts raise the bar, pour stiff challenge to foreign peers

India's optimal weather conditions serve as a catalyst, imparting a distinctive flavour profile

Real estate sector in the middle of a growth cycle: Motilal Oswal

Despite the price hikes, affordability improved across markets as income growth surpassed pricing growth, which should keep momentum intact in demand and pricing, the report stated

Macrotech Developers Q3FY24 results: Net profit up 25% at Rs 505 cr

Realty firm sees strong demand boost, with sales and income surging

Syngene International Q3 results: Profit after tax up 4%; revenue rises 9%

About a week ago, Syngene International's share price declined by 3 per cent following UBS Global Research stock downgrade to sell

IESA launches new report on semiconductor and ESDM policies in India

IESA's latest report compares and contrasts the various policies and incentives offered by different states, and provides insights and recommendations for the stakeholders

Puravankara net profit rises 266% to Rs 78 crore in third quarter

Puravankara declared its earnings after market hours on Tuesday. Ahead of the earnings, its shares were down 6 per cent to close at Rs 220.90 on the Bombay Stock Exchange (BSE)

Global investments in Indian real estate sector dip due to high inflation

India's real estate market has been an attractive destination for global investors, particularly from the US, since 2006

Karnataka signs investment deals worth Rs 22,000 cr at Davos summit

Microsoft, Hitachi, Lulu Group among companies that commit projects in state

Pixxel opens new spacecraft manufacturing facility in Bengaluru

Pixxel has launched three of its satellites - Shakuntala, D2, and Anand - in collaboration with ISRO and Elon Musk's SpaceX

56% of chief economists expect global economy to weaken in 2024: WEF report

The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative AI

Real estate players deploy AI, plug into AR and VR tech to boost sales

"Anarock used its AI/ML proptech solution ASTRA to boost primary housing sales by up to 15 per cent," says Anuj Puri, chairman, Anarock group

Budget 2024-25: Bringing high spirits home on alcobev players' wish list

The Perfect Pour, a Mumbai-based wine and spirits consulting firm, urges the Budget to focus on a unified ecosystem, standardised pricing, and GST

Retail malls see robust growth with addition of 3.1 million sq ft in Q4

Major Indian developers for retail malls indicated that rising demand, tight vacancies, investments, and buyer inclination, are among the significant reasons behind the robust growth

NYSE-listed Belden invests Rs 100 crore in innovation hub in Bengaluru

The Bengaluru centre holds significance as this is the first such centre in India, following the successful launch of CICs in Stuttgart, Germany; Santa Clara, California; Shanghai, China; and Chicago

Mixed-use real estate projects expand as buyers seek integrated lifestyle

Such properties have residential, commercial facilities and are near education and healthcare institutes

Share of GCCs in office transactions rose to 35% in 2023: Knight Frank

Experts suggest GCC investment in India is likely to grow in 2024 as well

Real estate players seek a host of benefits from the upcoming Budget

In 2023, the Indian real estate sector - both housing and commercial - witnessed a strong momentum fueled by demand, supply, and absorption