Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities. In a regulatory filing, DLF informed that it has "witnessed record breaking [...]
State-owned project consultancy company Engineers India Ltd (EIL) is looking to diversify in new areas such as nuclear energy and tap overseas markets in regions such as the Middle East to drive the next phase of growth, its chairman and managing director Vartika Shukla said on Wednesday. Starting in 1965 as an answer to head [...]
Mindspace Business Parks REIT (Mindspace REIT) has raised Rs 550 crore through an issue of green bonds. In a regulatory filing, Mindpsace REIT stated that the Executive Committee of the manager (K Raheja Corp Investment Managers LLP) has approved the allotment of 55,000 green debt securities in the form of listed, rated, secured, noncumulative, taxable, [...]
Shares of eight listed Adani group firms settled with gains on Wednesday, with flagship company Adani Enterprises snapping four-day losing run by rallying more than 5 per cent. At the close, eight group firms ended in the green territory while the two were in losses. Shares of Adani Enterprises Ltd (AEL) advanced 5.81 per cent [...]
Homegrown Balu Forge Industries Limited (BFIL) has bagged a major order from a manufacturer in the Middle East for supply of powertrain sub-assemblies. Powertrain assembly includes component like engine, transmission, driveshaft, axles, and differential that keep a vehicle in motion. "BFIL is pleased to announce that it has secured a major trial order to supply [...]
As many as 92,683 entities have been recognised as startups by the Ministry of Commerce and Industry as on February 28 this year, Parliament was informed on Wednesday. These startups are eligible for availing tax and non-tax benefits under the Startup India initiative. The government, with an intent to build a strong ecosystem for nurturing [...]
Many retail investors prefer to walk into the steps of heavyweight individual and institutional investors when it comes to making investment decisions. The mindset behind this approach is that large investors such as mutual funds, ace investors, endowment funds, etc. have a better understanding of the stock market because of their research capabilities. Unlike the [...]
Indian Oil Corporation (IOC) has floated a new subsidiary under low-carbon, clean and green energy business as the nation's biggest oil refining and fuel marketing company pivots a transition plan to achieve net zero emissions from its operations by 2046. In a stock exchange filing, IOC said its board in its meeting held on March [...]
The government penalised the RailYatri app custodian company for a data leak and the app was restored after taking necessary security measures, Parliament was informed on Wednesday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to the Lok Sabha said that IRCTC took action on the RailYatri app following information [...]
Hero Future Energies has inked an initial pact with the Andhra Pradesh government to invest Rs 30,000 crore to develop renewable energy facilities in the state. "Hero Future Energies (HFE) is delighted to announce the signing of a Memorandum of Understanding with the Government of Andhra Pradesh, as per which it will be setting up [...]
