CJ Darcl Logistics has leased 1.25 lakh square feet of warehousing space in IndoSpace's Narasapura Industrial and Logistics Park for nine years. This collaboration will enhance CJ Darcl's warehousing and distribution capabilities, leveraging IndoSpace's expansive reach across 11 cities and 52 parks. IndoSpace has invested close to $3 billion in assets under management.
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Nvidia's share price has retreated, but it's still up 154.9% year to date. However, Super Micro Computer has outperformed it with a 196.6% gain. Super Micro's market cap has surged to $49.3 billion, driven by surging demand for servers and storage systems driven by AI. Wall Street expects the company to generate revenue of nearly $15 billion in its fiscal year ending June 30.
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Indian bond yields, particularly the 10-year benchmark bond, are expected to trade between 6.75% and 7.00% following the inclusion of Indian bonds in the JP Morgan global bond index. Economists predict the yield to moderate to 6.85% with higher global demand and well-managed fiscal deficit, attracting an additional $20 billion in inflows over 10 months.
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