Market News

NCLT admits insolvency plea against Supreme Housing & Hospitality

The National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm faces dues exceeding Rs 567 crore. This follows multiple failed settlement attempts and prolonged litigation.

Aditya Birla group, KKR left in race for Sprng Energy

Aditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negotiate with the top two contenders next week. India's National Investment and Infrastructure Fund and Actis are out of the running. The deal could be worth around $2 billion. Shell is reviewing strategic options for Sprng Energy.

DLF's sales bookings drop in FY26

Top developers Godrej Properties, Lodha, Prestige Estates and DLF reported cumulative sales bookings of ₹1.04 trillion in FY26, a new milestone for the real estate sector.

Man Infra Q4 profit falls 34% and revenue halves as construction, real estate business weakens

Man Infraconstruction Ltd Q4 profit falls 34.4%, revenue halves, EBITDA margin shrinks, company still declares interim dividend for FY27. Shares of Man Infraconstruction Ltd ended lower on Wednesday, May 13, by 2.49% at ₹127.00 on the NSE.

Real estate, capital goods remain recovery bets despite market volatility: Emkay Global

Seshadri Sen, Head of Research & Strategist at Emkay Global Financial Services says India could face short-term market pain if crude oil sustains at $105-110 per barrel, with the risk of a ₹10/litre fuel price hike impacting inflation and discretionary consumption. The strategist remains optimistic on a medium-term “peace trade” with oil potentially cooling to $80, while selectively favouring sectors like real estate, capital goods and recovery plays linked to a post-war normalisation scenario.

CG Offices appoints Jai Agnani to lead workplace and portfolio services

CG Offices has appointed Jai Agnani as partner and chief growth officer. He will lead a new division offering workplace and portfolio services. This expansion aims to support corporates and enterprise occupiers in commercial leasing and real estate strategy. The company is evolving to provide integrated, full-lifecycle advisory. India's commercial real estate market is transforming rapidly.

Deven Choksey cautious on jewellery, gold finance and paint stocks

Deven Choksey of DRChoksey Finserv remains cautious on jewellery, gold finance and paint stocks despite strong demand trends. He believes jewellery and gold finance companies are largely fully priced after a strong run and investors should wait for better entry points after meaningful corrections. On paint companies, Choksey expects competitive and cost pressures to remain high for now. He sees potential in selective midcaps such as Tata Technologies and some real estate names. Choksey also sees Hindustan Zinc and Vedanta benefiting from higher silver prices. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Aditya Birla Health bets on wellness incentives to improve claims ratios

Aditya Birla Health wants to reward healthier customers, nudge those on the edge to be more consistent, and, lastly, intervene with high-risk customers to help them manage their health.

Lionel Messi's Real Estate Firm Buys Long-Shuttered Barcelona Building

Lionel Messi

Aditya Birla Capital allots 2.72 lakh equity shares under ESOP

Gold, housing plays take a hit as Modi's austerity pitch rattles consumer-facing stocks

Jewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to postpone gold purchases and reduce discretionary travel. The comments, aimed at curbing fuel consumption amid geopolitical uncertainty and high energy costs, triggered an immediate market reaction in sectors tied to household spending.

Do you know what REITs are and how they work? A simple guide for investors

Real Estate Investment Trusts (REITs) provide a way for Indian investors to earn from real estate without owning properties. They distribute 90% of cash flows, enhancing income stability, while various REITs offer diversified portfolios overseen by professionals.