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March 23, 2018

India remains a domestic play; global cues play little role

In an interview with ET NOW, S Krishna Kumar, Head Equity, Sundaram Mutual says, “there is no major disruption to the sentiment in terms of long term equity investing.” ET Now: With crude nearing $70, how do you think it would impact the macros? And what would be its impact on equities? S Krishna Kumar:…
March 23, 2018

Market Now: Oberoi Realty, Delta Corp boost Nifty Realty index

NEW DELHI: Gains in Oberoi Realty (up 6.32 per cent), Delta Corp (up 3.71 per cent) and Indiabulls Real Estate (up 3.16 per cent) boosted Nifty Realty index in Wednesday's trade. The Nifty Realty index was trading 1.71 per cent up at 309 around 01:35 pm (IST). Shares of Godrej Properties (up 2.51 per cent),…
March 23, 2018

Google closes on $2.4 billion Chelsea Market purchase in NYC

NEW YORK: Google Inc. has finalized the $2.4 billion purchase of New York City's Chelsea Market building. The management company Jamestown Properties announced the sale of the former Nabisco factory on Tuesday. The building is directly opposite Google's New York City headquarters in Manhattan's Chelsea neighborhood. Google has about 7,000 employees in New York, the…
March 23, 2018

“Strategic investor to help Indiabulls pare debt”

In an interview with ET Now, Ajit Kumar Mittal, Executive Director, Indiabulls Real Estate, says bringing in strategic investor in commercial operations will generate funds which will be used to pare down the debt at the parent level and partly used for further growth of business.Edited excerpts: You have spoken about the NCR region doing…
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