Mumbai, June 20 (IANS) Banking, financial services and insurance (BFSI) thematic funds led the investment universe in May, returning 5.5 per cent and attracted Rs. 1,013 crore in inflows due to prevalence of large cap stocks, a report said on Saturday.The report from Vallum Capital noted an anomaly where micro‑cap funds became May’s best performers, returning 5.7 per cent, but saw weak inflows and small‑caps returned 3.4 per cent and attracted Rs 2,229 crore.Large‑cap funds, by contrast,…
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New Delhi, June 11 (IANS) India is strengthening its position as a leading global talent hub for financial services, with Mumbai, Delhi NCR and Bengaluru ranking among the world’s top 30 financial services markets, according to a report released on Thursday.A report by real estate consultancy Colliers India said Indian cities are favourably placed in terms of labour availability, talent pipeline, venture capital funding activity and industry output.Financial services firms are increasingly reass…
New Delhi, June 11 (IANS) Indian IT giant Tata Consultancy Services (TCS) on Thursday announced a global strategic partnership with US-based AI firm Anthropic and said it will enable 50,000 associates across functions to use Claude as part of its enterprise-wide AI adoption strategy.According to TCS, it will set up a dedicated business unit to deliver joint industry solutions and deep AI expertise on the Claude family of models through early access to Claude models.It further noted that the part…
New Delhi, June 3 (IANS) India’s diversity hiring grew 21 per cent year-on-year in May 2026, reflecting sustained employer commitment to inclusive workforce strategies, a report said on Wednesday.The overall white-collar hiring moderated in May 2026, easing 4 per cent year-on-year and 6 per cent sequentially, the report from jobs platform foundit said.Women accounted for 56 per cent of all diversity-focused recruitment, while persons with disabilities (PwD) representation tripled over two year…
New Delhi, May 28 (IANS) India’s corporate bond market has grown steadily but still offers significant room to expand, which will be crucial to adequately finance the country’s long-term growth ambitions, a report said on Thursday.The report from CareEdge Rating said India’s corporate bond market has grown from $360 billion in 2016 to $645 billion in 2025, although the corporate debt-to-GDP ratio remained stable at 16-17 per cent. It significantly lags peers such as China, Malaysia and Sou…
New Delhi, May 23 (IANS) Indian equities attracted Rs 73,639 crore in April, far higher than March allocations as SIP inflows largely went to large‑caps, a report said on Saturday.The report from Vallum Capital said investors rotated toward value plays in PSU and BFSI names and moved away from technology stocks.Until the broader equity market turns positive on a YTD basis, Indian capital appears focused on discipline rather than aggression, the report said.April’s allocation was Rs 25,931 cror…
New Delhi, May 19 (IANS) Hyderabad’s office market posted its highest-ever first-quarter gross leasing volume at 3.15 million square feet (MSF), marking a 21.6 per cent year‑on‑year rise, a report said on Tuesday.The report from commercial real estate services firm Cushman & Wakefield said the city accounted for about 14 per cent of India’s total office gross leasing volume of roughly 22 MSF in Q1 2026.Large transactions of 1 lakh square feet or more accounted for 81 per cent of tota…
Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …
New Delhi, April 13 (IANS) The office leasing market in India witnessed a 10 per cent year-on-year (YoY) growth to 21.6 million sq ft in the first quarter of 2026, marking the strongest leasing activity in the past five years, according to a report released on Monday.According to the Savills India report, in terms of supply, the activity declined by 28 per cent year-on-year to 7.9 million sq ft, while the overall vacancy rate eased to 13.9 per cent during the same period, supported by steady lea…
New Delhi, April 13 (IANS) Pi Data Centers on Monday announced the Phase I launch of a 3-megawatt data centre facility in central Mumbai, with operations set to begin in August 2026.The property consultancy firm JLL said it served as exclusive adviser on the lease transaction for Pi’s first Mumbai facility and is advising on a 23-megawatt expansion for “hyperscale, colocation and cloud data centre capacity.”The Mumbai site will complement Pi’s existing 60-megawatt hyperscale capacity in Amar…