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Missing Link to reshape Mumbai-Pune corridor, boost prospects of Mumbai 3.0
A major infrastructure project, the Missing Link on the Mumbai-Pune Expressway, is set to transform real estate. This Rs 6,695 crore initiative will significantly cut travel time, boosting demand for housing and offices. Navi Mumbai and Pune's property markets will see new growth. The project promises better integration and new opportunities across the region.
Gujarat Cotex to raise nearly Rs 43 cr through rights issue
Gujarat Cotex is set to raise approximately Rs 43 crore through a rights issue to fund its expansion projects, including a new premium hotel. The issue, offering six shares for every one held, opened on April 10 and closes May 8. Proceeds will also bolster the company's financial standing as it diversifies into real estate, hospitality, and agri-commodity trading.
Indiabulls share price hits 10% upper circuit despite stock market crash. Here's why
Indiabulls shares surged 10% to ₹19.70 after strong Q4FY26 results, reflecting investor confidence in its transition to a real estate-focused model. The company reported a 46.4% rise in profitability, with a PAT of ₹194 crore and revenue of ₹418 crore.
India growth story strong; banks, power and defence seen as key bets: ASK Investment CIO
George Joseph, Chief Investment Officer & CEO–Equity at ASK Investment Managers, says India’s long-term fundamentals remain strong despite global uncertainty, with GDP potentially doubling in 7–10 years. He favours cyclicals like banks, autos, capital goods, real estate, and defence, supported by inflation trends and global spending. He is also bullish on the entire power value chain, driven by AI-led data centre demand, while remaining cautious on expensive consumer stocks.
Strata sells Bengaluru’s industrial asset for Rs 35 crore
Strata has successfully sold a Bengaluru industrial property for Rs 35.3 crore, yielding a 15.3% IRR and nearly doubling investor capital. Acquired in 2021, the fully leased asset served Randox Laboratories, a global diagnostics firm. This marks Strata's third significant exit, reinforcing its track record of delivering strong investor returns in the commercial real estate sector.
Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
Retail King To Real Estate Titan: Why Zara Founder Is Betting Big On $1-Trillion Market
Amancio Ortega is the founder of Zara and majority owner of Inditex.
Mumbai holds 35% of India’s ultra-wealthy: Report
Mumbai leads India in ultra-wealthy individuals, holding 35.4% of the nation's UHNW population. This reflects a significant shift in wealth creation. India's UHNW population grew substantially and is projected to expand further. Mumbai's luxury real estate market sees strong demand, driven by domestic buyers.
Aditya Birla Sun Life AMC Q4 results: Cons PAT drops 18% YoY; co announces Rs 25.50/share dividend, stock surges 6%
Aditya Birla Sun Life AMC reported an 18% year-on-year decline in Q4 profit, even as revenue saw modest growth. The company announced a Rs 25.50 dividend per share. Despite weak earnings and higher expenses, the stock gained nearly 6%, supported by investor sentiment and stable AUM performance.
Exclusive | Pirojsha Godrej bets big on financial services; plans gold loan foray in FY27
Godrej Industries sees financial services as its fastest-growing vertical, with plans to scale AUM to ₹1 lakh crore, while real estate and consumer businesses continue to anchor growth, Chairman-designate Pirojsha Godrej said.
Aditya Birla Sun Life AMC Q4 profit falls 18%; revenue rises nearly 7%
Aditya Birla Sun Life AMC Q4 net profit fell 18% to ₹187 crore from ₹228 crore, while revenue rose 6.8% to ₹458 crore from ₹429 crore.
Domestic investors, REITs drive record $5.1 billion inflows into Indian real estate in Q1
India’s real estate sector recorded strong momentum, with investments hitting a record $5.1 billion in the January–March quarter, driven mainly by domestic investors and rising REIT activity. Capital was largely directed toward office assets and mixed-use development in major cities, reflecting sustained confidence despite global uncertainties.