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Aristo Pharma buys office space for Rs 111 crore in Mumbai’s Andheri West
Aristo Pharmaceuticals has bought office space in Mumbai's Andheri West. The deal is valued at over Rs 111.26 crore. This acquisition covers two floors in the Parinee I commercial tower. The total carpet area is over 18,300 sq ft. This purchase highlights sustained demand for premium commercial assets. It also signals a trend of end-users investing in owned office spaces.
JSW Realty inks pact to redevelop Malabar Court in South Mumbai
JSW Realty is set to redevelop Malabar Court in South Mumbai's Malabar Hill. The prime land will be transformed into a luxury residential tower. This project is expected to generate over Rs 2,000 crore. The development will feature high-end residences, including single floor homes and duplexes. Malabar Hill is a sought-after location known for its premium residential values.
Auto, housing demand support NBFC growth; correction offers buying opportunity: Deven Choksey
The MD of DRChoksey Finserv also prefers auto ancillary players and sees value emerging in premium housing-led real estate companies, with strong project visibility over the next 2–3 years.
Private banks remain structurally stronger despite PSU gains: IME Capital
Ashi Anand, Founder & CEO of IME Capital, said private sector banks remain structurally stronger than PSU banks despite the latter gaining market share in recent years. He believes high-quality private banks still justify premium valuations, with SBI being a notable PSU exception. Anand added that IME Capital has raised 10–15% cash amid geopolitical uncertainty, trimming exposure to IT services and real estate, while remaining positive on digital platform businesses for the long term.
Jindal Steel wins Thakurani A1 iron ore block in Odisha
Jindal Steel has emerged as the preferred bidder for the Thakurani A1 iron ore block in Odisha. This acquisition will bolster the company's iron ore supply as it expands its Angul plant capacity. The mine holds over 50 million tonnes of iron ore. Jindal Steel committed a premium of 101.20% to secure the block.
Bajaj Finserv reports steady February premiums from general, life insurance arms
Bajaj Finserv said its insurance subsidiaries reported steady premium collections in February, with Bajaj General Insurance underwriting ₹1,094 crore and Bajaj Life Insurance reporting total premiums of ₹1,281 crore.
India strongly positioned as the next global platform for consumer technology: Nothing co-founder
India is emerging as a global consumer technology hub, driven by its expanding manufacturing and supply chain capabilities. Aspirational consumer preferences are reshaping demand, with a notable shift towards premium, differentiated products. This strategic market is experiencing hyper-growth, aligning with global trends and evolving tastes.
JM Financial initiates 'Buy' on flexible workspace firms; WeWork top pick
JM Financial initiated coverage on WeWork with a 'buy' rating and a target price of ₹830, citing its premium positioning, strong returns profile and net cash balance sheet
India set to lead global homoeopathy with certified quality frameworks: Experts
India is set to lead the global homoeopathy market. Strong clinical expertise and practitioner networks are driving this growth. Internationally recognised quality certifications like AYUSH Premium Mark and NABL accreditation are key. Indian brands are now well-positioned to challenge established European dominance. This marks a significant shift in the global homoeopathy landscape.
Beamr Imaging renews video optimisation deal with JioHotstar
Beamr Imaging has extended its partnership with leading streaming service JioHotstar, which relies on Beamr’s compression and optimization tools to manage its extensive video catalog. By using Beamr’s technology, JioHotstar significantly cuts storage and bandwidth expenses while still delivering premium video quality to millions of viewers.
Heineken bets on India’s premium beer demand for future growth
Heineken views India as a vital part of its global strategy. The company acknowledges recent sales dips due to weather but confirms its market share remains strong. Kingfisher and its premium brands like Heineken Silver are driving growth. India's beer market is expanding, and Heineken is leading category development and sales transformation.
Axis Max Life, SBI Life lead June premium growth; Nomura says 'June brings Life back'
Among its covered companies, Axis Max Life recorded the strongest total APE growth at 21% year-on-year in June, followed by SBI Life at 18%, ICICI Prudential Life at 15% and HDFC Life at 8%.