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.

Sobha Group, known for luxury projects, is expanding into Mumbai's luxury housing market with a goal of Rs 30,000 crore annual sales in the next 4-5 years. The company is aiming to replicate its...

India's Economic Survey cautions against including sensitive food commodities like rice, wheat, and pulses in futures trading until markets are more developed, advocating for a focus on 'less...

Jakson Green has secured a Rs 296 crore credit facility from First Abu Dhabi Bank to expand its international business, starting with a solar project in Uzbekistan.

India&'s export destinations are diversifying, with services exports expanding significantly. Learn about the key trends and growth drivers in India&'s export sector.

Expert predicts a significant increase in capital expenditure in the upcoming Union Budget, focusing on infrastructure, manufacturing, green energy and more. Learn about potential growth drivers...

India's Economic Survey emphasizes promoting cleaner coal technologies like gasification and coal-to-hydrogen to reduce emissions and achieve energy security.

India's Economic Survey cautions against including sensitive food commodities like rice, wheat, and pulses in futures trading until markets are more developed, advocating for a focus on 'less...

Pakistan's government is expediting PIA privatisation, dividing assets and liabilities between a holding company and a new airline. The PIA's assets are valued at Rs 171.43 billion, while it owes...

Airbus selects 8 sites in India for its H125 helicopter final assembly line, with a groundbreaking ceremony expected this year. The facility will produce up to 10 helicopters annually, catering to...

India's Economic Survey highlights climate change's impact on food prices, citing extreme weather, crop damage, and lower reservoir levels as key drivers of inflation over the past two years.

India's fiscal balances improved despite public investments, driven by tax compliance gains and expenditure restraint, according to the Economic Survey 2023-24.