Prestige Estates Projects Ltd plans to raise Rs 5,000 crore through a QIP and monetize its hotel business. The company's board has approved the plans, which are subject to shareholder approval.

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.

Prestige Estates' Q4 profit fell 70% to Rs 140 cr, impacted by lower income. Revenue also declined, but FY24 profit rose. Learn more about the real estate developer's performance.

Venkata Narayana K, CEO of Prestige Estates Projects, has resigned to pursue personal interests. He will establish a Real Estate Fund. The company has appointed various business heads to ensure a...

Prestige Estates achieved record sales bookings of Rs 21,040 crore in FY''24, a 63% increase YoY, driven by strong demand for residential properties and higher average realization.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Nephro Care India's IPO was oversubscribed by 715.85 times, driven by strong institutional investor interest. The IPO raised Rs 41.26 crore and will be listed on NSE Emerge.