Sensex ended 638 points or 0.78 per cent lower at 81,050; Nifty settled 0.87 per cent lower at 24,795
L and T eyes up to Rs 40K cr in pre-sales from realty biz (07-10-2024)
Buoyed by regulatory overhaul and infrastructure boom, engineering conglomerate Larsen and Toubro (L and T) has identified realty business as one of its growth engines for the next 10 years and plans to acquire land parcels while expanding pre-sales, said a senior company executive. L and T Realty has started looking out to acquire land parcels and grab partnership development opportunities across markets to scale up its business. “We are making some strides in that direction, albeit cautiously.
Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones (07-10-2024)
At the Drone-A-Thon 2024, Organized by the Indian Army in Leh- Ladakh
Hero Motors withdraws preliminary IPO papers (07-10-2024)
Draft papers were filed by company in August 2024
Bharat Electronics wins new orders of Rs 500 cr (07-10-2024)
Order book now stands at Rs 7,689 cr so far in FY25
Jio seeks revised paper on satellite spectrum (07-10-2024)
Reliance Jio has urged telecom regulator Trai to come up with a revised paper on spectrum allocation for satellite communication alleging that it ignores the key point of ensuring level-playing field between satellite and terrestrial services. In a letter to the Telecom Regulatory Authority of India (Trai) chairman, Anil Kumar Lahoti, Reliance Jio has sought revision of the consultation paper on recommending rules for “terms and conditions for the assignment of spectrum for certain satellite-based commercial communication services”.
Rategain – Fast Growing SaaS Leader (07-10-2024)
Probably…because their receivable are rising that too when no increase in debt level.