Latest BFSI News & Updates

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…

New Delhi, April 6 (IANS) Global capability centres (GCCs) leasing in India reached a record 9.1 million square feet in the January-March period this year — the highest quarterly GCC absorption on record, a report showed on Monday.This comes against the backdrop of the country’s overall office sector registering a gross absorption of 20.7 million sq ft — the highest level recorded for any quarter, according to the report by CBRE South Asia Pvt Ltd.As compared to 19.7 million sq ft in Q1 2025…

New Delhi, March 26 (IANS) India’s office real estate market has begun 2026 on a strong note, with leasing activity touching 18.3 million square feet in the January–March quarter, a report said on Thursday.This marks a 15 per cent increase compared to the same period last year, according to a report by Colliers India.The growth was largely driven by major cities like Bengaluru and Hyderabad, which together accounted for nearly half of the total leasing activity at 8.7 million square feet.Oth…

New Delhi, March 19 (IANS) Tier‑2 cities now host over 575 flex centres and about 8.8 million sq ft of flex stock, representing nearly 29 per cent of the nation’s flex centres and over 9 per cent of pan‑India flex stock, a report said on Thursday.The report from Vestian said Ahmedabad led the tier 2 cities accounting for 22.7 per cent of flex stock.Ahmedabad was followed by Kochi at 10.2 per cent, Indore at 10.1 per cent, Jaipur with 8.5 per cent of Tier-2 flex stock and Coimbatore with 8….

Bengaluru, March 18 (IANS) Nearly one in three job postings in India now signal urgency, using terms such as “Immediate Joiner” or “Short Notice, highlighting employers’ growing preference for professionals who can onboard fast and can contribute from day one, a report showed on Wednesday.The ‘Employer Hiring Urgency Index’ has risen to 158 in 2026 (from 100 in 2022), while ‘Immediate Joiner Availability’ has reached only 112, creating a widening structural talent gap, according …

Bengaluru, March 17 (IANS) India’s office market is poised to sustain its growth trajectory this year, with Grade A demand projected at 70-75 million square feet and new supply at 60-65 million square feet, a report showed on Tuesday.Global capability centres (GCCs) have evolved from traditional back-offices to innovation-driven, domain specialised, technologically integrated centres and are set to drive 30-35 million sq ft of leasing in 2026, accounting for 40-50 per cent of the Grade A offic…