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Prime Offices Fund closes first round at Rs 4,000 crore, commits 45% of capital
Prime Offices Fund has successfully raised Rs 4,000 crore in its initial funding round. The fund has already committed nearly half its capital to acquire three office properties. This expanded corpus reflects strong investor demand for Indian commercial real estate opportunities. The fund's portfolio now spans approximately four million square feet of office space. It houses over seventy occupiers, including many Global Capability Centres.
Q1 preview: Credit recovery aids banks, margins watched: Anand Rathi Wealth
Loan growth should support income, asset quality should remain manageable, and margins may stabilise gradually
Tata Group-owned IHCL signs 20 hotels in Q1, says poised to achieve 700-hotel portfolio by 2030
Indian Hotels Company Ltd signed twenty new hotels during the first quarter. The company is well poised to reach seven hundred hotels by the year 2030. Seventeen of these signings focused on growth brands like Gateway and Ginger. Taj also reached a milestone of one hundred fifty hotels with three new signings. IHCL expanded its operating portfolio to over three hundred eighty hotels globally.
These are the best stocks in the worst sectors for investors betting on a rotation, says Josh Brown
Ritholtz Wealth Management highlights Merck (MRK), Archer-Daniels-Midland (ADM), and State Street (STT) as strong stocks in underperforming sectors.
Vedanta Aluminium wipes off Rs 25,000 cr worth investor wealth in under a month. Time to buy?
Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a short period. However, analysts maintain a positive outlook on the company's future. Structural demand for aluminium is expected to remain strong globally. The company's cost reduction initiatives are poised for future growth.
China's SAFE Nears $2 Trillion In Assets, Set To Become World's Second-Largest Sovereign Wealth Fund
China's foreign exchange reserves fund has almost doubled its assets since early 2025, driven by gains in global equities and overseas investments.
True North cashes out $2 billion for investors as PE firms step up exits
This comes on the back of exits for True North from portfolio firms like FedFina, Niva Bupa, Biocon Biologics, Infinity Fincorp Solutions, Zydus Wellness and Home First Finance.
Kotak Mahindra Bank shares fall over 3% after Q1 update; advances jump 15% to Rs 5.12 lakh crore
Kotak Mahindra Bank's shares dipped over 3% following its Q1 FY27 business update. While net advances saw a healthy 15% year-on-year jump to Rs 5.12 lakh crore, and total deposits grew nearly 12%, a sequential slowdown in deposit growth and a dip in current and savings account deposits may have concerned investors. The bank also recently announced the acquisition of Deutsche Bank's India retail and wealth management business.
Europe’s richest man Bernard Arnault told to pay nearly ₹245 crore in taxes – How much is net worth of LVMH founder?
French court orders LVMH CEO Bernard Arnault and his wife to pay nearly ₹245 crore in taxes, social contributions and wealth tax.
OpenAI mulls 5% US government stake to share AI wealth with Americans: Report
Such a move, if eventually accepted by the Trump administration, could create an unusual relationship between the government and one of the world's leading AI companies
Kotak Mahindra Bank Q1 net advances rise 15%, total deposits up nearly 12%
Kotak Mahindra Bank reported Q1 business growth: advances up 15.1%, CASA up 10.2%, total deposits up 11.7%. It will acquire Deutsche Bank's India retail, private, wealth businesses for Rs 281.7 crore.
This small-cap stock has doubled investor wealth in just 3 months; check details
Bluspring Enterprises has seen a remarkable 112% surge in three months, rallying 194% from its 52-week low. The stock reached a 52-week high of ₹131.60 following substantial order wins from its subsidiary STEAG Energy Services, enhancing its order book significantly.