Singapore's sovereign wealth fund GIC has offloaded shares of IRB Infrastructure Trust for Rs 5,884 crore through open market transactions. Ferrovial acquired the shares at the same price.

The Competition Commission of India (CCI) has approved Cintra's acquisition of a 24% stake in IRB Infrastructure Trust, a move that expands Ferrovial's presence in India's infrastructure sector.

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore, marking one of the largest transactions in Indian real...

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore to a joint venture of global institutional investors.

GIC Re reports a 3% increase in net profit for Q4 FY24, reaching Rs 2,642 crore. The company also saw growth in gross premium and solvency ratio.

S&P Global Ratings says India's sovereign rating could be upgraded within 24 months if the government brings down fiscal deficit to 4% of GDP. The agency expects India's economy to grow at 6.8% in...

Mahindra Group Chairman Anand Mahindra urges Indian companies to increase capital investment to capitalize on growth opportunities in India and globally. He emphasizes the need for a shift in...

India's tyre industry is facing a severe shortage of natural rubber, which could disrupt production. The Automotive Tyre Manufacturers' Association (ATMA) is urging the government to address the...

Franklin Templeton predicts slower equity returns over the next three years, citing high valuations and a shift in earnings growth. Despite this, they expect respectable returns compared to other...

LatentView Analytics completes the acquisition of Decision Point Analysis, a global leader in AI and Revenue Growth Management (RGM) solutions for CPG brands.

S&P Global Ratings says India's sovereign rating could be upgraded within 24 months if the government brings down fiscal deficit to 4% of GDP. The agency expects India's economy to grow at 6.8% in...

Mahindra Group Chairman Anand Mahindra urges Indian companies to increase capital investment to capitalize on growth opportunities in India and globally. He emphasizes the need for a shift in...

India's tyre industry is facing a severe shortage of natural rubber, which could disrupt production. The Automotive Tyre Manufacturers' Association (ATMA) is urging the government to address the...

Lenders of Jaiprakash Associates Ltd (JAL) have rejected the modified one-time settlement proposal submitted by the debt-ridden group. The NCLAT will now proceed with the insolvency proceedings.

Franklin Templeton predicts slower equity returns over the next three years, citing high valuations and a shift in earnings growth. Despite this, they expect respectable returns compared to other...