Prestige Group JV firm buys 16.38-acre land parcel in Chennai for Rs 561 cr
Prestige Estates Projects Ltd’s joint venture is acquiring a 16.38-acre land parcel in Padi, Chennai. The deal is valued at Rs 561 crore. This move strengthens Prestige Group’s presence in key urban areas. The land will be used for a new real estate project. Sundaram-Clayton Ltd is the seller of this significant landholding.
Freddie, Fannie $200 billion mortgage bond buy underway with $3 billion purchase, FHFA’s Pulte says
Federal Housing Finance Agency Director Bill Pulte confirmed a $3 billion mortgage bond purchase occurred Friday, the day after President Trump ordered a $200 billion buy to lower housing costs. Pulte also stated that the privatization of Freddie Mac and Fannie Mae remains a possibility, though he did not provide a timeline for the full […]
Argentina pays $4.3 billion to bondholders, meeting critical deadline
Argentina has successfully paid $4.3 billion to sovereign bondholders, meeting its January 9 deadline. This crucial payment, despite low foreign reserves, aims to boost investor confidence and reopen international capital markets. The government is keen to signal stability as more significant repayments loom, including to the IMF. Analysts are watching for a positive market reaction […]
Techno Paints to raise Rs 500 cr through IPO in FY27, appoints Sachin Tendulkar as brand ambassador
Techno Paints and Chemicals is planning a Rs 500 crore IPO next fiscal year and has appointed Sachin Tendulkar as its brand ambassador for three years. The paint manufacturer aims to strengthen its national presence and expand its operations across India and into the Middle East.
Asset manager Aberdeen trims Venezuela bonds after stunning rally
Aberdeen Investments is reducing its stake in Venezuela’s defaulted bonds. These bonds have seen a significant price increase over the past year. Portfolio manager Kevin Daly cited high tail risk as the reason for this prudent move. Despite recent gains, the path to debt restructuring remains challenging due to ongoing US sanctions.
Not gold or property: What Radhika Gupta calls real inheritance from the previous generation
Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, said the true inheritance from previous generations lies in the values they instilled—hard work, responsibility, family respect, and financial prudence—rather than material assets like gold or property. She emphasized that these principles guide life and financial choices across generations.
Bitcoin consolidates between $88,000 and $92,000 as drawdown remains far milder than past cycles
Bitcoin trades within a narrow $88,000 to $92,000 range as its current drawdown remains far shallower than in previous market cycles. Analysts highlight muted volatility, steady capital flows and neutral technical indicators amid a wait for fresh macro catalysts.
F&O Talk | Nifty cracks after new high: Is this the start of a deeper fall? Sudeep Shah answers
Markets witnessed one of the sharpest weekly declines in recent months as global risks and heavy selling dragged indices lower. Technical expert Sudeep Shah explains whether this move signals deeper correction and outlines key levels, sector strategies and near-term market triggers.
Motilal Oswal Mutual Fund discontinues subscription in Nifty Microcap 250 Index Fund due to SEBI categorisation issue
Motilal Oswal Mutual Fund has discontinued subscriptions in its Nifty Microcap 250 Index Fund following consultations with SEBI, citing the absence of a defined microcap category. The move impacts fresh investments, SIPs, and STPs, while existing terms remain unchanged.
Motilal sees silver sparkle through 2026, pegs Rs 3.20 lakh target. Is the big run just beginning?
Silver’s explosive 170% surge in 2025 may be just the beginning, says Motilal Oswal, which believes the metal is entering a multi-year supercycle. Strong industrial demand, tight supply, rising ETF flows and supportive macro trends could push MCX Silver to Rs 3.20 lakh in 2026 despite expected volatility.