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...

JSW Neo Energy has secured a contract to develop a 500 MW solar project with energy storage systems from SECI. The project will be located in India and is part of the company's ambitious goal to...

Wipro shares plummeted nearly 9% on Monday after the IT major announced flat sequential growth guidance for the upcoming quarter. The company reported a 4.6% YoY rise in net profit but saw a...

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

Indian stock markets opened lower on Monday, with Reliance Industries and Kotak Mahindra Bank leading the decline, mirroring weak global trends. Sensex fell by 504 points and Nifty dropped 168 points.

Purabi Dairy has partnered with the Assam government to operate a 5,000-liter daily capacity dairy plant in Dhemaji district, boosting the dairy sector in upper Assam.

JSW Neo Energy has secured a contract to develop a 500 MW solar project with energy storage systems from SECI. The project will be located in India and is part of the company's ambitious goal to...

Wipro shares plummeted nearly 9% on Monday after the IT major announced flat sequential growth guidance for the upcoming quarter. The company reported a 4.6% YoY rise in net profit but saw a...

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

China's central bank has cut interest rates to revive the property sector and stimulate economic growth, aiming to counter a slowdown.

Indian stock markets opened lower on Monday, with Reliance Industries and Kotak Mahindra Bank leading the decline, mirroring weak global trends. Sensex fell by 504 points and Nifty dropped 168 points.