Chennai’s office space surges 75x, housing 27x over last two decades
The real estate landscape in Chennai has undergone a dramatic transformation in the past 25 years with the office segment witnessing a 75-fold increase in leasing at 76.5 million sq. ft by H1 of 2024, said JLL in its latest report. A similar growth trajectory has been witnessed across all segments of real estate in…
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LIC increases stake in Bank of Maharashtra from 4.05% to 7.1% via QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing. In an official statement on Saturday, LIC announced that it has raised its shareholding in the bank from 4.05 per cent to 7.10 per cent following a Qualified Institutional Placement (QIP). “..the Life…
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Mcap of 6 of top-10 most valued firms jumps Rs 1.97 lakh cr; ICICI Bank, HDFC Bank major winners
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63…
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