New Delhi, Jan 9 (PTI) Agri-tech firm Samunnati on Sunday announced that gross transaction value (GTV) across its financial and agri-market linkage businesses has crossed the Rs 10,000 crore mark within six years of scaled existence.Founded in 2014, Chennai-based Samunnati said out of the total GTV achieved so far, about Rs 6000 crore was lending, [...]
New Delhi, Jan 9 (PTI) German luxury carmaker Audi expects sales in India to grow in double-digit this year amid concerns over the possible impact of the fresh surge in COVID-19 cases on business, according to a senior company official.Audi India -- which has lined up a "few more products" this year, including the SUV [...]
New Delhi, Jan 9 (PTI) A host of macreconomic data announcements lined up during the week along with quarterly earnings from IT majors, including Infosys and TCS, are likely to dictate trends in the equity market, which kicked off the year 2022 on a strong footing, said analysts. Meanwhile, market participants would keep a close [...]
New Delhi, Jan 8 (PTI) Mumbai-based Oberoi Realty has reported over two-fold jump in its sales bookings at Rs 1,965 crore for the third quarter ended December on higher demand. In regulatory filings on Friday, Oberoi Realty has shared a summary of bookings made by the company for the third quarter of this financial year [...]
New Delhi, Jan 7 (PTI) Tata Steel on Friday reported an over two per cent rise in consolidated steel output to 7.68 million tonnes (MT) for the October-December 2021 period. The company's consolidated steel production had stood at 7.51 MT in the corresponding period of the previous financial year 2020-21, the steel giant said in [...]
New Delhi, Jan 7 (PTI) Engineering, procurement and construction major KEC International on Friday said it has bagged new orders worth Rs 1,025 crore across its various businesses. The company's transmission and distribution business has secured orders for projects in India and the Middle East, the RPG Group firm said in a filing to the [...]
Aims to upscale AUM to Rs. 900 crore by FY22, accelerate product development and diversify investment offerings Mumbai, Maharashtra, India (NewsVoir) Strata, India’s leading tech-enabled commercial real estate (CRE) investment platform, is the first proptech company in the country to have crossed a significant threshold of 500 crores in Assets Under Management (AUM). The company [...]
New Delhi, Jan 7 (PTI) Realty firm Macrotech Developers has entered into 11 joint development agreements (JDAs) with landowners so far this fiscal year, with an estimated sales revenue potential of Rs 14,500 crore.Mumbai-based Macrotech Developers, which is one of the leading real estate developers in India, markets its properties under Lodha brand. It got [...]
New Delhi, Jan 7 (PTI) Fintech major PhonePe on Friday said it has logged an annualised total payment value (TPV) of USD 651 billion in December and reported 150 million monthly active users (MAU). The company has also crossed 350 million lifetime registered users, which essentially means that one in four Indians now use PhonePe, [...]
New Delhi, Jan 7 (PTI) Shares of Macrotech Developers Ltd on Friday jumped over 3 per cent after the realty firm reported a 40 per cent increase in sales bookings during the December quarter. The stock gained 3.23 per cent to Rs 1,240 on the BSE. At the NSE, it jumped 3.18 per cent to [...]