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From Dhobi Ghat to luxury towers: How redevelopment is unlocking Mumbai's next real estate boom
Mumbai's property landscape is shifting towards redevelopment as developable land becomes scarce. Historic Mahalaxmi is transforming into a premium residential hub, driven by infrastructure upgrades and developer focus on established neighbourhoods. This trend signals a future growth model for the city, prioritizing reinvention over outward expansion.
Wipro buyback is live! Experts reveal the catch behind the 37% premium - Everything shareholders need to know
Wipro's ₹15,000 crore share buyback, priced at ₹250 per share, offers 37% premium over market value. The buyback, open until June 17, allows eligible shareholders to tender shares, with specific entitlement ratios for retail and general investors.
Wipro's Rs 15,000 crore buyback opens today: Analysts expect 7-8% returns for retail investors. Here's how
Wipro's significant Rs 15,000 crore share buyback has commenced. Eligible shareholders can tender shares at Rs 250, a substantial premium to the current market price. This corporate action provides an opportunity for investors to realize profits. The buyback period runs from June 10 to June 17. Shareholders should ensure their accounts are active for smooth transactions.
Wipro's Rs 15,000 crore buyback opens tomorrow: Should retail investors tender shares?
Wipro's Rs 15,000 crore share buyback opens on Thursday, offering shareholders an opportunity to tender their shares at Rs 250 apiece, a 38% premium to the stock's previous closing price of Rs 181.67. The buyback, open from June 10 to June 17.
Life insurers' premium income up 19% in Apr-May
Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitions
IndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on international expansion, long-haul operations with new aircraft, premium travel offerings, and growing cargo and ancillary revenues to become a global aviation player.
TVS Motor launches premium retail channel TVS Paddock
TVS Motor Company has launched TVS Paddock, a new retail channel for its premium motorcycles. This initiative aims to strengthen customer engagement and capture the expanding premium mobility market in India. TVS Paddock will offer immersive brand experiences and personalized services. The company is focusing on creating communities and ecosystems around its premium offerings.
Air India, Riyadh Air sign agreement to expand premium travel options between India, Saudi Arabia
India's leading global airline, Air India, and Saudi Arabia's new national carrier, Riyadh Air, have signed a Memorandum of Understanding (MoU) to establish the foundation for a partnership that will offer guests seamless connections between India, Saudi Arabia, and destinations beyond.
Instagram Goes Premium: Global Rollout of 'Plus' Subscription Begins Today
The new subscription offers premium features such as Story Spotlight, Super Hearts, Multiple Story Audiences, and Story Extend.
Meesho shares fall 4% in eighth straight day of losses, longest on record
Despite the recent correction, the stock continues to trade at a premium of more than 50% to its IPO price of ₹111 per share. Following the decline, Meesho's market capitalisation stood at ₹77,088 crore.
Wipro buyback alert! Last date to buy shares to participate in Rs 15,000 crore share buyback
Investors must purchase Wipro shares by today, June 4th, to be eligible for the company's Rs 15,000 crore share buyback, as Friday, June 5th, is the record date. The buyback offers Rs 250 per share, a 22.5% premium, with analysts projecting potential short-term returns of 8-14% for retail investors.
'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEO
Hero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshavardhan Chitale expresses confidence in India's economic resilience. Hero MotoCorp is focusing on growing segments like scooters, premium motorcycles, and electric vehicles. Significant capital expenditure is planned for capacity expansion and new product launches in domestic and international markets.