Sales rise 43.56% to Rs 19.51 crore
Posts in category Business Standard
EaseMyTrip.com announces bonus issue of 1:1 (14-10-2024)
The total number of shares to be issued are 1,77,20,40,618 at a face value of Rs. 1/- each. The issuance will be financed using Rs. 177.20 crore from the company’s available reserves of Rs 397.39 crore. After the bonus, the total share capital will stand at Rs 354.40 crore, reflecting the company’s growth and its commitment to rewarding shareholders.
Equity investments in Indian real estate up 46% to $8.9 bn in Jan-Sep: CBRE (14-10-2024)
Equity investments in Indian real estate rose 46 per cent to USD 8.9 billion during January-September this year, according to CBRE.
Real estate consultant CBRE noted that the equity investment in real estate is the highest since 2018 calendar year.
Equity investments include those by private equity funds, pension funds, sovereign wealth funds, institutional investors, real estate developers, real estate fund-cum-developers, investment banks, corporate groups, and REITs, etc.
As per the data, the equity investments in real estate stood at USD 5.8 billion in 2018; USD 6.4 billion in 2019; USD 6 billion in 2020; USD 5.9 billion in 2021; USD 7.8 billion in 2022; and USD 7.4 billion in 2023 calendar year.
Investment activity in India’s real estate market scaled a new peak in January-September 2024, on the back of a resurgence in capital deployment during the June quarter, Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa at CBRE, said.
“Sustained …
Nifty October futures trade at premium (14-10-2024)
Reliance Industries, HDFC Bank and Infosys were the top traded contracts.
Chinese stocks ended up 2% as markets stay focussed on efforts to boost economy (14-10-2024)
Chinese stocks ended with good gains today though the overall movement was volatile. Economic cues stayed in limelight. China’s Shanghai Composite index recovered from an early tumble and ended up 2.07 percent at 3,284.32 as investors stayed focus on the stimulus efforts. Media reports stated that China’s finance minister offered to provide more help for the country’s economy. The government would issue special bonds and that it had $325 billion in funds raised that it could deploy in the next three months to achieve its goals.
Sterling Holiday Resorts opens new property in Bokaro, Jharkhand (14-10-2024)
Sterling Holiday Resorts (wholly owned subsidiary of Thomas Cook (India)) has made its debut in Jharkhand with its hotel, Sterling City Centre Bokaro. Located within the SAIL city in the heart of Bokaro, within close distance of all important corporates and landmarks of the city, the property connects seamlessly with the major business sectors in Bokaro & other industrial areas in Jharkhand like Ranchi, Dhanbad and Sindri.
Vinati Organics subscribes to rights issue of Veeral Organics (14-10-2024)
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Quick Wrap: Nifty Realty Index gains 1.61% (14-10-2024)
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Lemon Tree Hotels signs new property in Dibrugarh, Assam (14-10-2024)
This Hotel will feature 65 well-appointed rooms, a restaurant, a bar, banquet hall, a swimming pool, a fitness center and other public areas
Nifty settles above 25,100; IT shares outerperforms (14-10-2024)
As per provisional closing, the S&P BSE Sensex, jumped 591.69 points or 0.73% to 81,973.05. The Nifty 50 index added 163.70 points or 0.66% to 25,127.95.