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Embassy Office Parks CEO on why coronavirus won't perturb the REIT much

Infrastructure

22 June, 2020

Embassy Office Parks CEO on why coronavirus won't perturb the REIT much

India's first real estate investment trust (REIT) Embassy Office Parks, which is backed by Blackstone and listed in April 2019, ......

PNB expects recoveries worth $1 bn in three months' time

Finance

22 June, 2020

PNB expects recoveries worth $1 bn in three months' time

State-owned Punjab National Bank (PNB) is expecting recoveries worth Rs 8,000 crore ($1.05 billion at current exchange rate) from large ......

Premium
Which online meat delivery startups may benefit most from Covid-19 fallout?

Consumer

19 June, 2020

Which online meat delivery startups may benefit most from Covid-19 fallout?

India’s online meat delivery industry, which started taking root barely five years ago, is aiming to ride a wave of ......

India's pursuit of global investors hits turbulence

Finance

19 June, 2020

India's pursuit of global investors hits turbulence

India’s ambition to attract more foreign money into its financial markets is being buffeted again, having only just started to ......

House prices to fall this year for first time in at least a decade: Poll

Infrastructure

19 June, 2020

House prices to fall this year for first time in at least a decade: Poll

Indian house prices will fall for the first time in at least a decade this year and next as the ......

Nifty, Sensex end over 2% higher after Beijing contains virus outbreak

Markets

18 June, 2020

Nifty, Sensex end over 2% higher after Beijing contains virus outbreak

Indian shares closed higher on Thursday, rising sharply in afternoon trade after Beijing said a fresh coronavirus outbreak was under ......

Fitch cuts India outlook to ‘negative' on virus worries

Economy

18 June, 2020

Fitch cuts India outlook to ‘negative' on virus worries

Fitch cut its outlook on India's sovereign rating to "negative" from "stable" on Thursday and forecast a 5% contraction in ......

ADB slashes India GDP view, forecasts 4% contraction in FY21

Finance

18 June, 2020

ADB slashes India GDP view, forecasts 4% contraction in FY21

The Asian Development Bank (ADB) changed its economic outlook for India from growth to contraction, as it projected that developing ......

HSBC revives plan to cut 35,000 jobs after pandemic pause

Finance

17 June, 2020

HSBC revives plan to cut 35,000 jobs after pandemic pause

HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's ......

China-backed AIIB approves $750 mn loan for India's virus response

Finance

17 June, 2020

China-backed AIIB approves $750 mn loan for India's virus response

Beijing-backed Asian Infrastructure Investment Bank (AIIB) has approved a loan of $750 million to help India battle the impact of ......