Vijay Kedia portfolio stock Mahindra Holidays & Resorts will be in focus on Thursday following a 69% year-on-year jump in its standalone net profit in the June ended quarter to Rs 76 crore versus Rs 45 crore in the year ago period. The revenue from operations increased 5% to Rs 369 crore versus Rs 351…
READ MOREWarren Buffett may have built his legacy backing railroads, banks, and consumer giants, but buried in a lesser-known corner of Berkshire Hathaway’s empire lies an unexpected wager on the bleeding edge of technology: quantum computing. Through a quiet $616 million portfolio managed by a subsidiary investment firm, Buffett is indirectly betting on Alphabet and Microsoft,…
READ MOREEmbassy Office Parks REIT, India’s leading listed REIT and Asia’s largest office REIT by area has raised ₹1,550 crore through a combination of Non-Convertible Debentures (NCDs) and term loan facilities, is earmarked for refinancing existing debt and is projected to deliver annual interest savings of approximately 113 basis points (bps).The strategic financial move includes ₹750…
READ MOREGeopolitical tensions have increasingly influenced financial markets in recent years. From the prolonged conflict between Russia and Ukraine to the evolving trade dynamics between the United States and China, global developments have become a key concern for investors. Even domestically, events such as India’s Operation Sindoor and trade-related tensions with neighbouring countries have remained in…
READ MOREPrime Offices Fund, a commercial real estate focussed fund managed by Nuvama and Cushman & Wakefield Management Private Limited (NCW), has acquired 300,000 sq ft of operational building at Delhi’s Saket for around Rs 760 crore. The joint venture between Nuvama Asset Management Limited and Cushman and Wakefield has acquired Prius Platinum building at South…
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