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Real Estate: Sotheby s Sees An Urgency Among India s Wealthy To Buy Luxury Homes

Apr 01 2021, 6:25 PM April 01 2021, 1:03 PM April 01 2021, 6:25 PM As the first wave of coronavirus infections surged towards a record in July last year, forcing most Indians indoors, India Sotheby’s International Realty brokered the sale of a bungalow worth more than Rs 100 crore in Kolkata. More than 3,700 square yards of luxurious living space designed for a single family.“For the Kolkata market, the price tag of Rs 100 crore is a big number,” Amit Goyal, chief executive officer at India Sotheby . As the first wave of coronavirus infections surged towards a record in July last year, forcing most Indians indoors, India Sotheby’s International Realty brokered the sale of a bungalow worth more than Rs 100 crore in Kolkata. More than 3,700 square yards of luxurious living space designed for a single family.

Brands Gained, Social Media Influencers Thrived During Pandemic

Brands Gained, Social Media Influencers Thrived During Pandemic Mar 06 2021, 3:39 PM March 06 2021, 3:39 PM March 06 2021, 3:39 PM Towards the end of India’s festive season last year during the pandemic, Mondelez India Pvt. launched an online Oreo cookie recipe contest. But the confectionary maker didn’t pick its usual brand ambassadors—cricketer Mahendra Singh Dhoni and his daughter Ziva. Instead, it hired two social media influencers—celebrity chef and patisserie owner Pooja Dhingra to recreate winning dishes; and comedian Rohan Joshi to host the event.The #Or. Towards the end of India’s festive season last year during the pandemic, Mondelez India Pvt. launched an online Oreo cookie recipe contest. But the confectionary maker didn’t pick its usual brand ambassadors—cricketer Mahendra Singh Dhoni and his daughter Ziva. Instead, it hired two social media influencers—celebrity chef and patisserie owner Pooja Dhingra to recreate winning dish

Global Reflation Fears: Does India Need To Worry?

Global Reflation Fears: Does India Need To Worry? Feb 26 2021, 7:28 AM February 25 2021, 7:54 AM February 26 2021, 7:28 AM With governments and central banks continuing to add stimulus to support their respective economies, global markets have started to price in reflation. Commodity prices are rising and so are bond yields, on fears that inflation could make a stronger-than-anticipated comeback.Does India have cause to worry amid these rising global commodity prices? Yes and no, said economists pointing to the fractured correlation between global and lo. With governments and central banks continuing to add stimulus to support their respective economies, global markets have started to price in reflation. Commodity prices are rising and so are bond yields, on fears that inflation could make a stronger-than-anticipated comeback.

India To Challenge Cairn Energy Arbitration Award

India To Challenge Cairn Energy Arbitration Award Feb 19 2021, 2:46 PM February 19 2021, 11:37 AM February 19 2021, 2:46 PM The Indian government is set to file an appeal against the $1.2-billion arbitration case won by Cairn Energy Plc.A day after Cairn Energy Chief Executive Officer Simon Thomson met Finance Secretary Ajay Bhushan Pandey in New Delhi, a person familiar with the matter said the Indian government will contest its sovereign right to tax.The person cited above said the government will also strongly contest other suits filed by Cairn Energy . The Indian government is set to file an appeal against the $1.2-billion arbitration case won by Cairn Energy Plc.

Bajaj Finance Vs HDB Financial: Who Weathered The Pandemic Better?

Bajaj Finance Vs HDB Financial: Who Weathered The Pandemic Better? Jan 21 2021, 11:21 AM January 21 2021, 11:21 AM January 21 2021, 11:21 AM The once-in-a-lifetime Covid-19 pandemic took a toll on jobs and incomes of consumers, raising concerns about the impact this would have on the loan books of retail lenders.Two large consumer lenders — Bajaj Finance Ltd. and HDB Financial Ltd, a subsidiary of HDFC Bank Ltd. — have shown a rise in stressed loans while also slowing growth to deal with the increased risk in consumer lending.For the quarter ended December, Bajaj Finance . The once-in-a-lifetime Covid-19 pandemic took a toll on jobs and incomes of consumers, raising concerns about the impact this would have on the loan books of retail lenders.

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