Real estate firm Anant Raj Ltd. reported an 82% jump in its net profit to Rs 91.01 crore in the June 2024 quarter, driven by higher income. Total income also increased to Rs 481.66 crore.

Nalanda Capital divested a 1.4% stake in Great Eastern Shipping Co Ltd for Rs 190 crore through an open market transaction. The stake sale reduced Nalanda Capital's shareholding in GE Shipping to...

Realty firm Anant Raj Ltd raises Rs 500 crore through share issuance to institutional investors to reduce debt and meet working capital requirements. The company plans to launch new housing...

India's data center market saw USD 21.4 billion in investment commitments during the first half of 2023, driven by digitalization and increasing tech penetration, according to CBRE.

Anant Raj plans to launch 3 housing projects in Gurugram & Andhra Pradesh, aiming for Rs 4,000 crore revenue. Projects include luxury housing, plots, villas, and affordable homes.

Sebi confirms a ban on SecUR Credentials and its MD Rahul Belwalkar from the securities markets due to alleged fund diversion. The ban was initially imposed in June and confirmed after a detailed...

Exim Bank India has partnered with Nedbank in South Africa to support trade transactions, aiming to facilitate smoother international commerce. The agreement, signed in Johannesburg, aims to...

Auréa completes acquisition of The Body Shop, aiming to revitalize the brand and reclaim its global leadership in ethical beauty. Mike Jatania and Charles Denton will lead the revival efforts.

India's Semiconductor Mission aims to establish 10 semiconductor manufacturing plants in the next decade. The government has received 20 proposals and approved five projects with a total investment...

India's GST revenue from online gaming surged 412% in six months since the implementation of a 28% tax on the sector, Finance Minister Nirmala Sitharaman announced.

Sikkim government signs MoU with NID Ahmedabad to promote creative economy, leveraging the state's rich cultural heritage and fostering opportunities for women and youth.

India Opportunities Growth Fund sold a 1.7% stake in Electrosteel Castings for Rs 219 crore through an open market transaction, reducing its stake to 3.08%.

Around 900 workers at Samsung's Chennai plant went on strike demanding a wage hike and improved working conditions, impacting production of consumer durables.

Champat Rai, general secretary of Shri Ram Janmabhoomi Teerth Kshetra Trust, estimates Rs 400 crore GST from Ram Temple construction in Ayodhya. Learn more about the temple complex and its...

PN Gadgil Jewellers has raised Rs 330 crore from anchor investors ahead of its IPO. The IPO, which opens on September 10, is expected to raise Rs 1,100 crore.