Zomato will replace JSW Steel in the BSE Sensex 30-share benchmark index on December 23, driving an estimated $513 million in inflows into Zomato and $252 million in outflows from JSW Steel. This periodic rebalancing aims to ensure the Sensex remains representative of India's evolving market dynamics.
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Housing sales are estimated to fall 21% annually across 9 major cities during Oct-Dec period to 1.08 L units on high base effect, according to PropEquity. Real estate data analytics firm PropEquity on Sat released the sale numbers for India's top 9 housing markets-Delhi-NCR , Mumbai, Navi Mumbai, Kolkata, Bengaluru, Pune, Hyderabad, Chennai, Thane. It has estimated sales to rise only in Delhi-NCR.
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Billionaire Mukesh Ambani's Reliance Industries Ltd on Saturday (December 21) said its wholly owned subsidiary Reliance Digital Health Ltd (RDHL) has entered into definitive agreements to acquire a 45% equity stake in Health Alliance Group Inc. (HAGI) for a total consideration of $10 million. HAGI is a US-based healthcare company incorporated on December 21, 2023, as a Delaware corporation.
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