Realty agency Status Estates Initiatives Ltd has raised ₹5,000 crore by promoting fairness shares to institutional traders by means of non-public placement. The corporate launched its Certified Institutional Placement (QIP) on August 29 to boost funds. In a regulatory submitting on Wednesday, Status Estates knowledgeable {that a} fundraising committee of the board accredited the allocation … Read more
In cattle farming, by-products aren’t solely pivotal for maximising farm earnings however are important parts in numerous industries. The significance of by-products extends past direct financial advantages, contributing considerably to environmental sustainability. By reutilising what would in any other case be waste merchandise, cattle farming helps scale back environmental footprints, turning potential waste into worthwhile … Read more
Shriram Life Insurance coverage has reported a revenue after tax of ₹158 crore for FY24 compared with ₹156 crore within the year-ago quarter. The corporate’s whole premium earnings surged 38 per cent to ₹3,508 crore in 2023-24 compared with ₹2,546 crore in 2022-23. Its new enterprise premium – which incorporates each particular person insurance policies in addition … Read more
Titan Firm’s (₹3,280.15) shares tumbled on Monday, shedding 7.2 per cent. The corporate introduced their outcomes on Could 3 submit market hours, which weighed on the value in right this moment’s session. The year-to-date loss for the inventory now stands at 10.8 per cent. Whereas the income for Q4FY24 has gone up, partially aided by … Read more
Rising market rates of interest had made positive that good occasions for normal earnings seekers have been already right here, earlier than the Funds speech was learn out. However Funds 2023 has sweetened the deal a bit extra for senior folks aged 60-plus and those that have taken VRS after 55. Till now, although the … Read more
Energy sector lender REC on Tuesday reported a 23 per cent y-o-y progress in its consolidated web revenue at ₹3,308.42 crore for the October-December quarter of the present fiscal. Nevertheless, the state-run agency’s web revenue declined by nearly 13 per cent on a sequential foundation. REC’s consolidated complete revenue through the December quarter was greater … Read more