Sensex, Nifty Rise After RBI Keeps Rates Unchanged

Indian equity markets closed higher on Friday after the RBI maintained interest rates and proposed allowing banks to lend to REITs. The Sensex gained 266 points while Nifty rose 51 points in volatile trading.

Fractal Analytics IPO Opens Tomorrow: Key Details

Fractal Analytics, a global AI and analytics firm, launches its IPO on February 9. The ₹2,834 crore issue has a price band of ₹857-900 per share, with a GMP of ₹98 indicating strong investor interest.

RBI Allows Banks to Lend to REITs for First Time

The Reserve Bank of India has permitted banks to lend directly to Real Estate Investment Trusts, ending regulatory disparity with InvITs and providing cheaper funding alternatives for the property sector.

Sebi Proposes Investment Flexibility for REITs and InvITs

Market regulator Sebi has proposed expanding investment options for REITs and InvITs in liquid mutual funds, moving beyond current high-credit-rating restrictions. The changes aim to enhance business ease while maintaining safeguards.

Trane and CIT Launch Sustainable Cooling Center in India

Trane Technologies and Coimbatore Institute of Technology (CIT) have announced a collaboration to establish a Centre for Sustainable Refrigeration and Climate Control in India, focusing on innovation and workforce development.

SmartWinnr & HDFC Life Win Gold at Brandon Hall Awards

SmartWinnr and HDFC Life have jointly earned a Gold award in the Excellence in Technology category at the Brandon Hall Group's prestigious awards, recognizing their innovative collaboration in enhancing sales training and performance.

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