Business & Finance

The credit profiles of office players and mall operators are expected to remain stable in FY2027, supported by healthy net operating income (NOI) growth, resilient occupancies and contracted rental escalations. Comfortable leverage and debt coverage metrics should continue to support rating stability, notwithstanding portfolio expansion and incremental debt. This operating resilience is also reflected in the rating trend in 5M FY2027, with nine upgrades against one downgrade across office and retail mall developers. Key Highlights: India's office leasing outlook for FY2027 is expected to be anchored by the sustained expansion of global capability centres (GCCs), which continue to account for a significant share of incremental office demand. The ongoing migration of global functions...

Alakh Pandey Sets Two-Year Vision to Take PhysicsWallah’s Education Model Deep into South India​Bangalore/Chennai/Delhi, September 23, 2026:  “For the next 24 months, my life will be dedicated to students in South India, and I will be stationed here,” announced Alakh Pandey, teacher, founder, and CEO of PhysicsWallah (PW).​The announcement marks a strategic expansion for the education company—India’s fastest-growing EdTech company listing within five years of inception—boasting the country's largest and most engaged student community.​Addressing students at a recent event in Tirupati, Alakh Sir (as he is popularly known) shared his vision to empower learners across the nation to dream bigger. “Through our platform, I want to provide them the tools required to realise their pote...

Public Advisory on Banking Services During Proposed Bank StrikeCanara Bank advises customers across the country to plan their banking transactions in advance and make maximum use of digital and alternate banking channels during the proposed nationwide bank strike from 28 Sep 2026 to 30 Sep 2026.Customers are encouraged to complete urgent branch-based transactions before the strike period to avoid inconvenience.Customers may conveniently access banking services through:UPI and QR-based payments Mobile Banking and Internet Banking ATMs and Cash Deposit Machines (CDMs) Debit and Credit Cards Point of Sale (PoS) terminals Bharat Bill Payment System (BBPS) Business Correspondents (BCs) and Customer Service Points (CSPs)Customers requiring cash withdrawals...

Bengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, has entered the Delhi-NCR real estate market with the allotment of a 13.44-acre land parcel in Greater Noida through its wholly-owned subsidiary, Prudential Housing and Infrastructure Development Limited. The parcel has a saleable potential of ~4.57 million sq. ft. and an estimated Gross Development Value (GDV) of approximately Rs 5,200 crore. The entry into Delhi-NCR marks a significant step in Puravankara’s strategy to expand into high-growth residential markets beyond Southern and Western India, leveraging its strong brand and five-decade legacy of trust, quality and execution.Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limi...