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Edelweiss arm RYP acquires office park in Pune

New Delhi, Aug. 5 -- EAAA, the alternatives arm of Edelweiss, through its flagship commercial real estate fund - Rental Yield Plus (RYP) - has acquired a Grade A office park in Pune, spanning approxim... Read More


PGIM India MF to suspend SIP, STP in overseas funds

New Delhi, Aug. 5 -- PGIM India Mutual Fund has temporarily suspended existing systematic investment plans (SIPs) and systematic transfer plan (STP) instalments in three of its international schemes f... Read More


Karnataka attracts fresh investments from Cipla, Rocket India during Mumbai roadshow

New Delhi, Aug. 5 -- Pharma major Cipla plans to invest Rs.200 crore to expand the capacity of its manufacturing facility in Bommasandra, Bengaluru, while plant-based protein manufacturer Rocket India... Read More


DELSEY PARIS launches first Aluminium luggage line in India

New Delhi, Aug. 5 -- French luggage brand DELSEY PARIS has introduced Alu'r, its first aluminium luggage collection in India, as part of its 80th anniversary and a broader push to expand its retail fo... Read More


SEBI rules out immediate review of new closing auction session

New Delhi, Aug. 5 -- The Securities and Exchange Board of India (SEBI) is unlikely to immediately revisit its newly introduced Closing Auction Session (CAS) even as sections of the market raised conce... Read More


Imagicaaworld acquires 50% stake in Gujarat's Shanku's Water Park for Rs.50 crore

New Delhi, Aug. 5 -- Imagicaaworld Entertainment Limited, India's largest amusement and water park operator, has signed an agreement to acquire a 50 per cent equity stake in Mehsana Next Parks Private... Read More


Spotify rolls out Premium Rewards programme in India

New Delhi, Aug. 5 -- Spotify has launched Premium Rewards in India, a new initiative that bundles lifestyle brand offers and invite-only live experiences exclusively for its Premium subscribers in the... Read More


Berger Paints Q1 net jumps 28.6% at 405 crore, revenue up 12%

New Delhi, Aug. 5 -- Paints major Berger Paints on Wednesday reported a 28.6 per cent year-on-year increase in its consolidated net profit to Rs.405.01 crore for the first quarter this fiscal, backed ... Read More


TVK's maiden budget eyes welfare-led growth, flags strained finances and seeks time to recoup

New Delhi, Aug. 5 -- The maiden Budget of the Tamilaga Vettri Kazhagam (TVK) government in Tamil Nadu, on Wednesday, attempted to balance the State's characteristic welfare spending and long-term inve... Read More


Sanguine note

New Delhi, Aug. 5 -- The Monetary Policy Committee's decision to leave the policy repo rate and stance unchanged is unlikely to have surprised anyone. Events since the June meeting have weakened the c... Read More