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Raymond Lifestyle looking to capture UK fashion market via FTA: Chairman Gautam Hari Singhania
Raymond is gearing up for a significant global expansion, with Executive Chairman Gautam Hari Singhania highlighting the UK-India Free Trade Agreement as a key enabler. This pact is expected to merge British tailoring expertise with India's manufacturing prowess, targeting a discerning international fashion market.
Global banks drive record surge in India's asset-backed securities market - Business Standard
Global banks drive record surge in India's asset-backed securities marketBusiness Standard
The new man of steel! India seen to fill in the void China may leave
India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges and a focus on greener production.
Vedanta’s exit from MSCI: Stock to be removed from MSCI Global Standard Indexes; key details investors should know - Upstox
Vedanta’s exit from MSCI: Stock to be removed from MSCI Global Standard Indexes; key details investors should knowUpstox
Vedanta to be removed from MSCI Global Standard Indexes from June 22
Vedanta shares will be removed from MSCI Global Standard Indexes from June 22. This follows the company's mega demerger into five separate listed entities. The residual Vedanta now has a smaller market capitalization. The demerger was completed on Monday with four new businesses debuting on the stock market. This index rejig may cause some share price volatility.
Record 5.4 lakh homes set for delivery in 2026, but West Asia war clouds execution outlook
India's top cities are set for a record housing completion in 2026. Over five lakh homes are scheduled to be delivered. Developers face challenges due to global conflicts impacting costs. This year will test their execution capabilities. Successful delivery will boost buyer confidence and mark a new phase for real estate.
Alembic Pharma to acquire 45% stake in Canadian venture for pharma market expansion
Alembic Pharmaceuticals enters a Canadian joint venture with a 45% stake as it looks to strengthen its global pharma footprint. Alembic Pharmaceuticals shares closed at ₹742.75 on the NSE, up ₹5.20 or 0.71%.
Gurugram set to get India's tallest building
India's tallest building is set to rise in Gurugram's upcoming Global City. A 6.7-acre plot has been earmarked for a 620-700 metre mixed-use tower. The Haryana government has consulted developers for this ambitious project near the Dwarka Expressway. This development promises a significant new landmark in the region.
Stable home loan interest rate to sustain housing demand: Industry bodies CREDAI, NAREDCO
The RBI has kept the repo rate steady at 5.25 percent. Real estate industry bodies CREDAI and NAREDCO welcomed this move on Friday. They believe stable interest rates will support housing demand. This decision offers predictability for developers and homebuyers. It aims to maintain market stability amidst global economic challenges.
Talent fight heats up in India finance hub as two chiefs quit
GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence, attracted by tax incentives and a lighter regulatory framework.
Zydus Semaglutide approval: Delhi HC directs CDSCO to decide on patient safety concerns
The Delhi High Court has asked the Central Drugs Standard Control Organisation to review a petition challenging Zydus Lifesciences' approval for semaglutide injections. A diabetes patient raised concerns about the drug's delivery system, alleging it deviates from global standards and poses health risks. The court has directed the CDSCO to consider the patient's representation within two months.
India's Derivatives Margin Rules Deter Global Investors Despite Record Trading Volumes
At the centre of the debate is India's margining framework, particularly the exposure margin charged in addition to the Standard Portfolio Analysis of Risk, or SPAN, margin.