Prøve GULL - Gratis
Blackstone-backed Nexus eyes three malls in eastern India
Business Standard
|December 06, 2025
Blackstone-backed Nexus Select Trust is at an advanced stage of due diligence for the acquisition of three malls in eastern India as it looks to expand its footprint in the region.
Jayen Naik, president — operations, Nexus Select Malls, said that Nexus has a strong presence in the North, West and South. “You will see the Nexus footprint also spreading in the East. We are in the process of doing due diligence for three properties.” He added: “We are not only looking at Kolkata aggressively and actively, but also other cities in the East — whether it’s Patna, Ranchi, or Guwahati.”
Currently, Nexus has one mall in Bhubaneswar. In June, Blackstone acquired South City Mall in Kolkata for a transaction value of ₹3,250 crore — the city’s largest real estate deal.
Denne historien er fra December 06, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
CG Power’s revival, Bachchan-style
The Insolvency and Bankruptcy Code (IBC) has been one of the defining legislation for the Indian corporate sector ever since it was enacted in 2016.
3 mins
January 08, 2026
Business Standard
Fall in nominal GVA also pulls down real farm growth
India’s gross value added (GVA) for agriculture and allied activities is expected to grow at a modest rate of 3.1 per cent in real terms in financial year 2025-26 (FY26), down from 4.6 per cent in the last financial year despite a good monsoon and strong crop production, largely due to base effect and indirect impact of sharp dip in the nominal growth rates of GVA.
1 mins
January 08, 2026
Business Standard
India gets its first fully paperless district court in Kerala's Wayanad
The judicial district of Kalpetta in Kerala’s Wayanad has marked a first for India by transitioning entirely to a paperless district court system, with all courts under its jurisdiction now functioning exclusively in digital mode.
1 mins
January 08, 2026
Business Standard
GLP-1 launches inject over 2x rise in India's weight-loss market sales in '25
Mounjaro tops revenue charts, recording ₹601 cr in sales within 9 months of launch
2 mins
January 08, 2026
Business Standard
US-sanctioned general to be Venezuela intel chief
The US has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean, officials said Wednesday.
1 mins
January 08, 2026
Business Standard
PVs led EV retail sales in CY25, e2Ws remained in growth lane
Electric vehicle (EV) retail in India posted a strong performance in calendar year 2025 (CY25), with both passenger vehicles and two-wheelers recording healthy growth, although the underlying trends reveal sharp shifts in market leadership and competitive intensity across segments.
1 mins
January 08, 2026
Business Standard
Gold, silver ETF assets jumped 4x in 2025, touched ₹2 trillion
‘The combined assets under management (AUM) of gold and silver exchange-traded funds (ETFs) crossed ₹2 trillion in December 2025, with assets doubling in just four months, driven by record inflows and a sustained raily in precious metal prices.
2 mins
January 08, 2026
Business Standard
Bangladesh interested in procuring JF-17 fighter jets: Pak
Bangladesh has expressed a “potential interest” in procuring JF-17 Thunder fighter aircraft from Pakistan, the military said on Wednesday.
1 min
January 08, 2026
Business Standard
Rare earth sector may have low-to-medium indigenisation feasibility
CEA also flags low to medium feasibility for indigenising battery cells & cathode materials and solar wafers & cells
3 mins
January 08, 2026
Business Standard
Silver’s breakout drags gold-silver ratio to lowest in over a decade
Electronics and solar demands reshape the precious metals trade
2 mins
January 08, 2026
Listen
Translate
Change font size