Latest news with #ManishJain
Time of India
3 days ago
- Business
- Time of India
Top metros dearer than Pune in co-living rent, except Chennai
Pune: Co-living rentals in Pune are easier on the wallets of renters compared to other metro cities in the country but are marginally costlier than those in Chennai. This is due to the correspondingly lower average rent of entry-level apartments in the city, data from real estate services firm Colliers India showed. Tired of too many ads? go ad free now The average co-living rent in Pune ranges from Rs 9,500 to Rs 15,700 per month, while the average rent of a premium co-living facility in a city like Bengaluru or Mumbai is Rs 23,700 and Rs 27,500 per month, respectively. The differential in rent between co-living and regular apartments for all cities is around 25-35%. Despite being the cheaper option, availability of co-living facilities is very limited as it is a relatively untapped market. Colliers India estimated that the overall capacity of the co-living segment is very low at 3 lakh beds compared to 5 crore migrant population moving within the country. However, it is expected to grow to 10 lakh beds by 2030 as more developers enter the segment. In Pune, developers are increasingly incorporating co-living units into standalone or mixed-use developments to cater to the growing demand, Manish Jain, president, Credai's Pune chapter, said. Co-living involves tenants sharing common facilities and spaces while having their own private rooms. It is particularly suitable for single occupants who are not immediately looking to buy a home, want to save on rent, and desire flexibility in the duration of their stay. Typically, the duration of stay ranges from eight to 12 months. "This sector has seen a rebound in Pune post-pandemic, especially during the last couple of years, with most companies from the IT sector adopting a flexible model for work from home and office," Saurabh Garg, co-founder, NoBroker, said. Tired of too many ads? go ad free now Co-living is mostly favoured among the service industry-intensive areas, such as Hinjewadi and Kharadi, on the western and eastern sides of the city, and in some pockets, including Vimannagar and Kalyaninagar. Besides single professionals, industry experts expect demand from postgraduate students, as not all educational institutes can accommodate the increasing number of students in their hostels. Rising migration to the top metro cities and the growing preference of white-collar workers for professionally managed spaces are also driving growth in the co-living sector. "With over 1,400 colleges and thriving job opportunities in areas like Hinjewadi, Kharadi, and Chakan, the city continues to attract young professionals and students aged 25–35. For this segment, co-living offers an ideal solution that is affordable, well-maintained, and in preferred locations," said Jain.
Korea Herald
28-05-2025
- Business
- Korea Herald
Mirae Asset Securities hosts Global Investment Conference in Mumbai
Mirae Asset Securities on Wednesday that it successfully hosted its second Invest India Global Conference in Mumbai, India, from April 22 to 23. The event saw participation from over 200 domestic and global institutional investors and 70 major corporations, reflecting the growing scale and influence of the company's wholesale business in India. Key investor relations meetings were held with leading firms such as the Bombay Stock Exchange, NHPC, Vedanta, Paytm, Tata Power and Adani Energy Solutions. This engagement aimed to connect global capital with India's robust growth potential. 'This conference served as a platform where global perspectives, ideas and capital intersected with India's vast opportunities,' said Manish Jain, chief strategy officer and head of wholesale business at Mirae Asset Securities India. 'We are committed to continuing our role as a bridge linking international investors with India's dynamic market.' Over the past three years, Mirae Asset Securities India has grown its transaction volume nearly threefold through deals with around 120 domestic institutional investors. Profits have also significantly increased, reinforcing the firm's plan to further expand its global investor base and strengthen its position as a key gateway for cross-border investment into India.
Time of India
17-05-2025
- Sport
- Time of India
Rajputana Cricket League organised at Jaipur Railway Stadium
Jaipur: The three-day cricket competition, ' Rajputana Cricket League ', was inaugurated at the Railway Stadium in Jaipur. This league is being played at night and will be held till May 18, in which two teams, Jaipur Dhundhar and Udaipur Mewar , are participating. This league was inaugurated by the Deputy Director of the Rajasthan Tourism Department, Upendra Singh Shekhawat. Many eminent personalities from the world of tourism, culture and sports, and enlightened citizens of the city came with their families to see the match. The objective of this league is not only to provide a platform for young players but also to promote the cultural dignity and tourism development of Rajasthan. In the first day's match, team Udaipur Mewar scored 199 runs (all out). At the same time, the Jaipur Dhundhar team took 6 wickets for 159 runs (match in progress). Manish Jain and Govind Singh jointly won the title of Man of the Match. The players playing from the Jaipur Dhundhar team include Yugdeep Singh (Captain), Rajveer Singh, Yudhishthir Singh, Govind Singh, Kaku, Raj Singh, Kuldeep Singh, Mahipal Singh, Jeevan, Dushyant Singh (Wicketkeeper), Dhirendra standby players for the team are: Virendra Singh (WK), Anoop Singh (WK), Dhananjay Singh, Pratik. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Cost Of Amusement Park Equipment From Mexico Might Surprise You Amusement Park Equipment | search ads Click Here Undo Similarly, players for the team, Udaipur Mewar, include Yaduraj Singh Krishnawat, Pratik Parihar, Anshul Babel, Harshit Dhabhai, Udit Dhabhai, Siddhant Parihar, Daksharaj Jodha, Anirudh Singh Solanki, Sidhraj Singh Solanki, Manish Jain, Prakram Singh Solanki. Samarditya Singh is a standby player. A unique confluence of thrill, competition and tradition is being witnessed in this three-day event. There is a lot of excitement among the spectators for the remaining two days of matches, and many spectators are expected to attend.
Time of India
15-05-2025
- Time of India
Inter-state gang busted, stolen property worth Rs 53L recovered
Indore: Ratlam police uncovered an inter-state gang involved in a high-profile theft case , recovering stolen property worth approximately Rs 53 lakh which were stolen from a businessman's house two days ago, including gold and silver ornaments. Ratlam SP Amit Kumar said that on May 13, complainant Manish Jain, a resident of Jamli village in Jhabua district and currently residing at Shantiniketan, Ratlam, reported that between 5:30 and 6:00am, unknown thieves broke into his home by breaking the door lock and further breaking open the cupboard lock, stealing a large number of gold and silver ornaments and Rs 54,000 in cash. The total stolen property was estimated at Rs 50 lakh. Based on the report, a case was registered at Deendayal Nagar police station, and an in-depth investigation was launched. SP Kumar directed City SP Satyendra Ghanghoria to supervise a joint investigation team comprising Deendayal Nagar Police and the Cyber Cell, led by Inspector Manish Dabar. Additional teams were also formed under Inspector Ayyub Khan (Bilpank police station) and Inspector Lilian Malviya (SCST police station). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ecuatoriano: descubre cómo ganar más con Cervecería Nacional CFD. las inversiones de hoy Reservar Undo These teams actively collected evidence using CCTV footage and advanced technical tools, scanning cameras from various locations around the crime scene. Two suspects were identified from surveillance footage, leading to further tracking through the cyber cell and information from bus conductors and hotel managers. It was eventually determined that the suspects hailed from Dungarpur district in Rajasthan. Acting swiftly, police teams reached Sagwara and Galiyakot in Dungarpur with assistance from the Cyber Cell and apprehended the suspects. During interrogation, the accused confessed to the theft. Upon arrest, the police recovered the stolen items, which included various pieces of gold and silver jewellery such as women's and men's chains, bangles, rings, earrings, mangalsutras, silver anklets, and a silver coin, along with Rs 49,000 in cash, altogether valued at Rs 53 lakh. The accused also admitted to committing thefts at eight different locations across Ratlam city and rural areas, and in other states including Uttar Pradesh (Muzaffarpur), Gujarat (Ahmedabad), and Uttarakhand. Further investigation into these cases is ongoing, and the accused have been presented in court where they were remanded to police custody for continued interrogation. Additionally, a separate case was registered against Mukesh Harsod, owner of Hotel Maharaja, at Station Road Police Station for failing to report information about the hotel guests staying at his premises. In recognition of the team's commendable work, the SP announced a reward of Rs 30,000 for the team.
Economic Times
30-04-2025
- Business
- Economic Times
ETMarkets Smart Talk: Gold's rally to persist short-term, but maintain only 3-5% allocation, says Manish Jain
No real pressing reason to be worried at this juncture. If at all markets correct, we may pick a few things at bargain prices as we have decent cash position. The last couple of months have been quite interesting, if I may use that term. On one hand we have the economy on the recovery path, we have witnessed a couple of rate cuts from the Reserve Bank of India (RBI) and personal income tax rate cuts, on the other hand the global scenario continues to remain uncertain. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In this edition of ETMarkets Smart Talk, we caught up with Manish Jain , Head of Fund Management (PMS & Equity Advisory) at Centrum Ltd, to decode the ongoing market volatility and the outlook for key asset shares his insights on why gold — despite its stellar run and renewed investor interest — should still be treated as a diversification tool rather than a primary investment recommends maintaining a modest 3-5% allocation to gold, cautioning that while the precious metal 's rally could continue in the short term due to global geopolitical tensions, its long-term behavior is likely to revert to historical also discusses his views on equity markets , sector opportunities, and the importance of staying focused on fundamentals amid global uncertainties. Edited Excerpts -A) The last couple of months have been quite interesting, if I may use that term. On one hand we have the economy on the recovery path, we have witnessed a couple of rate cuts from the Reserve Bank of India ( RBI ) and personal income tax rate cuts, on the other hand the global scenario continues to remain while we do believe on a relative basis India will remain better off, the volatility and uncertainty shall persist for the next 2-3 believe fundamentally, India remains firmly on a growth path and a nominal GDP growth rate of 10-11% should would do well to make use of this market volatility and build position in beaten down sectors/ stocks where the earnings growth potential continues to remain would advise investors to have a bottom-up approach to portfolio building and also, focus on a 3–5-year investment horizon at least. There are enough quality plays available at good valuations now.A) Over the last few years, we, as investors, have gotten used to the low-interest rate regimen. The intermittent couple of years that the rate cut cycle has again started and looks like it shall persist for some time to come, investors, from a medium-term perspective would do well to shift focus away from fixed income instruments like Banks FD's and increase the equity cut should ideally fuel discretionary consumption and bank credit growth, both of which will lead to a cascading effect on the economy.A) Results so far have been largely in line with expectations. No surprises really. However, one trend that we have defiantly seen is that consumption, specifically discretionary consumption, seems to be picking means that the outlook towards steady double-digit earnings growth from Q1Fy26 onwards is clearer than ever rate cuts and consequently credit growth pick up should aid things further. So, in a nutshell, we remain optimistic about a strong and sustained pick up in earnings growthA) Gold has traditionally been seen as an antidote to inflation. However, the behaviour in the last one year has been quite unexpected. As global geopolitical uncertainty persists, gold can continue to remain strong for the next couple of beyond that the natural tendency should persist. We would recommend investors maintain a 3-5% position in the asset class.A) We have differing views on mid-caps and small caps. Mid-caps still continue to be fairly expensive and best small caps are still trading below their long-term average valuations. So that is our area of focus are a number of ideas which have witnessed meaningful correction in the last few months (in BFSI) and some which have a strong growth outlook (hotels and hospitals).A) We believe that post that post the recent market volatility there are a number of sectors in large and small cap where see significant to name a few - Banking and Financial services, healthcare , consumer discretionary are certain pockets where we see a lot of value.A) The relative attractiveness of Indian equities has improved post the correction in the markets with the gap between earnings yield and bond yields recent time correction has also ensured that the risk-reward in context of earrings vs valuations are now evenly balanced. So, we do believe that FII's will come back strongly as soon as the conundrum settles down.A) In our DPMS portfolios we have very low exposure to the companies that can be negatively impacted due to tariff real pressing reason to be worried at this juncture. If at all markets correct, we may pick a few things at bargain prices as we have decent cash position.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
