Anamudi Real Estates, part of the Godrej family, plans to sell 5% stake in Sobha Ltd, worth around Rs 1,000 crore, through a block deal on Friday.

Sobha Ltd is launching a rights issue on Friday to raise up to Rs 2,000 crore to reduce debt, purchase land, and fund construction projects. The issue will close on July 4.

Interest rate-sensitive auto, realty, and bank stocks surged on Friday after the Reserve Bank of India (RBI) left key interest rates unchanged, focusing on inflation amid robust economic growth.

18 listed real estate firms in India sold properties worth Rs 1.17 lakh crore in FY24, led by Godrej Properties with Rs 22,527 crore in sales bookings.

Sobha Ltd plans to raise Rs 2,000 crore through a rights issue in FY25 and increase its equity capital to Rs 10,000 crore over the next five years to fuel expansion.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Punjab National Bank (PNB) reported a significant jump in its Q1 FY25 profit, driven by a decline in bad loans and improved interest income. Learn more about PNB's financial performance.

India's government is expected to decide on a sugar MSP hike in the coming days, according to Union Food Secretary Sanjeev Chopra. The current MSP has remained unchanged since 2019, while...

ICICI Bank reports a 10% rise in consolidated net profit for the June quarter, reaching Rs 11,696 crore. Standalone profit also increased to Rs 11,059 crore.

Marina Harley-Davidson has opened its second dealership in Chennai, offering sales and service for premium Harley-Davidson motorcycles. The new facility is located in Velappanchavadi.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Himachal Pradesh will build a Rs 350 crore medical devices park with its own funds, rejecting central funding. The park will be built on 265 acres and will be a source of income for the state.

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Punjab National Bank (PNB) reported a significant jump in its Q1 FY25 profit, driven by a decline in bad loans and improved interest income. Learn more about PNB's financial performance.