Ranjani Raghavan

Citadel Securities LLC, the market-making firm founded by billionaire Ken Griffin, is hiring more engineers and traders in India, as it seeks to expand in one of the world’s fastest-growing financial markets.

The US has long been a top destination for talented immigrants. But that calculus is changing.

India’s proprietary trading firms and stock brokers are bracing for a major overhaul of how they finance trading activity.

Starting 1 July, RBI will require bank guarantees issued to firms trading in capital markets to be fully backed by collateral, with at least half in cash

High-speed trader AlphaGrep Securities Pvt.’s asset management unit will offer algorithmic trading strategies to India’s retail investors, according to a top executive, pitting it against the likes of Jio Blackrock Asset Management Pvt. for a slice of the nearly $900 billion mutual fund industry.

Oberoi Realty Ltd., an Indian developer known for premium properties, expects to “more than double” its sales value to 135 billion rupees ($1.4 billion) in the financial year through March, its billionaire owner said, reflecting robust demand for luxury homes in the South Asian nation.

KKR & Co.-backed Vertis Infrastructure Trust has emerged as the frontrunner to acquire roads from an Indian developer, according to people with knowledge of the matter.

SBI Funds Management is planning its first technology-focused fund for private firms, people familiar with the matter said, as India’s largest asset manager follows rivals in bulking up in the fast-growing alternative investment fund industry.

As India has grown wealthier, prime real estate is becoming a favored investment for the rich. Nowhere is that shift more visible than in Prime Minister Narendra Modi's backyard.

(Bloomberg) -- US President Donald Trump's India real estate business is capitalizing on India's wealth boom to expand into the country's south, with its most ambitious project there yet.