Business
CapitaLand India Trust unit to divest two assets in Chennai, Hyderabad for 11 billion rupees
The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Sep 25) said that its wholly owned subsidiary, Ascendas Property Fund…
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rupees
Business
India bank frauds triple to 360 billion rupees as credit scams swell
The rise in cases underscores the challenges being faced by the banking regulator Bank frauds in India jumped threefold last year, with…
Business
Malaysia’s IHH unit seeks up to 109 billion rupees in damages from Japan’s Daiichi Sankyo
Northern TK Venture alleges Japan’s Daiichi Sankyo blocked its 2018 bid for an Indian hospital chain, causing financial losses. Healthcare…
Business
India’s largest bank plans to raise 250 billion rupees in share sale
State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first…
Business
CapitaLand India Trust Q1 total property income up 14% at 4.7 billion rupees
This is due to higher rental income from existing properties and income contributions from the acquisitions it made in 2024, says manager…
Business
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion…
Politics
Apple exported 1.5 trillion rupees in iPhones from India last year, minister says
The diversification drive has coincided with Prime Minister Narendra Modi’s ambition to turn the country into a manufacturing hub Apple…
Business
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling…
Business
CapitaLand India Trust to buy Bengaluru office project for 14.7 billion rupees
CAPITALAND India Trust (Clint) will purchase a 1.13 million-square-foot (sq ft) office project in Bengaluru from luxury residence…