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.

NCAER Director General Poonam Gupta says India's high public debt is sustainable due to strong growth and local currency debt, but warns of rising state debt levels.

Indian stock markets surged on Wednesday, with Sensex breaching 80,000 for the first time. Nifty also hit a new lifetime high driven by gains in bank stocks and positive global trends.

The Indian rupee weakened by 5 paise to 83.53 against the US dollar in early trade on Wednesday, weighed down by a strong US currency and elevated crude oil prices. Read more.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

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

NCAER Director General Poonam Gupta says India's high public debt is sustainable due to strong growth and local currency debt, but warns of rising state debt levels.

Trump's campaign raised USD 331 million in Q2, surpassing Biden's USD 264 million, but Biden raised a record USD 127 million in June. Learn more about the fundraising numbers and what they mean...

Indian stock markets surged on Wednesday, with Sensex breaching 80,000 for the first time. Nifty also hit a new lifetime high driven by gains in bank stocks and positive global trends.

The Indian rupee weakened by 5 paise to 83.53 against the US dollar in early trade on Wednesday, weighed down by a strong US currency and elevated crude oil prices. Read more.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...