Prestige Estates Q1 results: Net profit rises 26% on strong housing demand
Shares of the company ended 1.4% lower on the BSE today at a price of ₹1,609.35.
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Tata Group loses $120 billion in market value amid tariffs, IT slowdown
The group’s crown jewel, Tata Consultancy Services (TCS), has been the biggest casualty, losing nearly $70 billion in market value since September last year. Tata Motors is the second-largest contributor to the group’s market cap erosion, with a decline of…
Godawari Power Q1 net profit dips 24% on lower realisations; revenue, margins fall
The board has approved a total capital expenditure of ₹1,600 crore for two new projects. The funding for these projects will follow a 40:60 split between equity and debt. Shares of Godawari Power and Ispat Limited ended at ₹199.90, up…
Ashiana Housing to invest ₹425 crore in senior living; eyes Mumbai and Bengaluru expansion
Ashiana Housing Limited plans a ₹425 crore investment for FY2025–26 to expand senior living housing in Mumbai, Bengaluru, and Delhi-NCR. This marks a 100% increase from last year’s ₹213 crore.
EIH Q1 Results | Net profit plunges 63% to ₹34 crore despite 9% revenue growth
EBITDA surged 18.3% to ₹159.8 crore in the first quarter over ₹135.1 crore year-on-year. The EBITDA margin expanded to 27.8% versus 25.6% in the year-ago quarter. Shares of EIH Ltd ended at ₹372.90, down by ₹3.30 or 0.88%, on the BSE…
Trade Setup for August 6: Trump tariff warning, RBI policy to determine Nifty trajectory
It appears that market participants are awaiting a key trigger, and the RBI policy announcement in the coming session is likely to be the catalyst that determines the next directional move.
CCI approves Dalmia Bharat’s bid for debt-laden Jaiprakash Associates
The proposed deal involves Dalmia Cement (Bharat) Ltd, a wholly owned unit of Dalmia Bharat Ltd, acquiring 100% of JAL. Dalmia Bharat is primarily engaged in cement manufacturing and sales, while JAL operates across cement, real estate, hospitality, and engineering.
Kotak Mahindra Bank denies ₹1.13 lakh crore credit to deceased customer’s account
The clarification comes after a 19-year-old youth, Deepak alias Deepu, claimed that an astronomical amount appeared in his late mother Gayatri Devi’s bank account. Gayatri Devi died two months ago, but her account was reportedly still being accessed by her…
Britannia Industries Q1 profit up but lower than expected; revenue beats the Street
The EBITDA margin narrowed to 16.4% compared to 17.7% in the corresponding period of the previous fiscal. The CNBC-TV18 poll had predicted a margin of 17.8% this quarter. Shares of Britannia Industries Ltd ended at ₹5,631.35, down by ₹153.85, or…
Mumbai saw two white collar crimes every week in first six months of 2025
The total value of properties attached in connection with the 65 financial crimes recorded till the end of June stood at massive ₹14,814 crore.