Blackstone launches an open offer to acquire up to 26% stake in Kolte-Patil Developers, marking its entry into the Indian residential market. This strategic investment totals Rs 759 crore.

Global investment firm Blackstone to acquire a 40% stake in Pune-based realty firm Kolte-Patil Developers Ltd for Rs 1,150 crore, including a preferential issue and purchase from promoters.

Kolte-Patil Developers reported a consolidated net profit of Rs 25.30 crore in Q3 FY23, a significant improvement from a loss in the previous year. Revenue also surged to Rs 369.28 crore.

Kolte-Patil Developers Ltd reported a net profit of Rs 25.30 crore in Q3 FY23, a significant turnaround from a loss in the previous year. Revenue also surged to Rs 369.28 crore.

Kolte-Patil Developers has partnered to develop a 22-acre project in Pune, aiming for Rs 4,000 crore in revenue. The project, located in Wadgaon Khurd, will feature residential and mixed-use...

Indian stock market witnessed a four-day rally, boosting investors' wealth by Rs 17.43 lakh crore. Sensex gained over 3% driven by positive US Fed outlook and gains in major sectors.

India's Heavy Industries Ministry has ordered an investigation into Ola Electric's sales figures discrepancies and consumer complaints. ARAI will submit a report within 15 days.

Gold prices in India dropped Rs 300 on Thursday, ending a three-day rally, as global precious metal rates declined. Silver also fell significantly. Read more.

Malabar Gold & Diamonds will open 12 new showrooms across India in FY25, investing Rs 600 crore. The expansion will increase its showroom count to 391 across 13 countries.

New India Assurance received a Rs 124.98 crore demand notice from the Income Tax Department for disallowing payments made to auto dealers. The company plans to appeal the order.

West Bengal's revenue receipt for FY 2025-26 is projected at Rs 2.66 lakh crore, an increase of Rs 29,809 crore from the previous year. The state's market loan for the fiscal is pegged at Rs 81,972...

Indian stock market witnessed a four-day rally, boosting investors' wealth by Rs 17.43 lakh crore. Sensex gained over 3% driven by positive US Fed outlook and gains in major sectors.

India's Heavy Industries Ministry has ordered an investigation into Ola Electric's sales figures discrepancies and consumer complaints. ARAI will submit a report within 15 days.

Gold prices in India dropped Rs 300 on Thursday, ending a three-day rally, as global precious metal rates declined. Silver also fell significantly. Read more.

Delhi Airport's Terminal 1 (T1) will be fully operational from April 15, while Terminal 2 (T2) will be temporarily shut for refurbishment. All flights from T2 will shift to T1.