Godrej Properties reported an over 4 instances improve in internet revenue in Q1 of FY25 at ₹520 crore whereas income was 25 per cent greater on yr at ₹1,638 crore, pushed by supply of initiatives of an space of two.7 million sq. toes throughout three cities. Working revenue rose 237 per cent on yr to … Read more
Sajjan Jindal-led JSW Metal is anticipated to report a fall in its June quarter internet revenue on the again of weak realisation. The corporate will announce its monetary outcomes after the market hours. Prabhudas Lilladher mentioned the corporate will register 50 per cent drop in June quarter internet revenue at ₹1,170 crore. Internet gross sales … Read more
The board of HDFC Asset Administration Firm can be assembly on Monday to think about and approve the June quarter’s monetary efficiency. Analysts expect a ten per cent improve in quarter-on-quarter AUM in Q1 FY25 for the home MF enterprise, reconsidering a pointy rally within the fairness market and benchmark indices. The fund home has … Read more
The quantity development of the two-wheeler business will likely be decrease than the final years with a development price of round 7-9 per cent within the Monetary Yr (FY) 2025, the CareEdge Scores anticipated in its latest report. Within the final monetary 12 months of 2024, the quantity development of the business was recorded at … Read more
AI-native gross sales working system OrbitShift has introduced $7 million in seed funding led by Peak XV’s Surge and Stellaris Enterprise Companions. The proceeds will likely be used to increase the corporate’s presence and buyer base within the US. OrbitShift additionally plans to put money into its expertise and product groups to widen its product … Read more
Clodura.AI, an innovator in AI-driven gross sales prospecting options, has raised $2 million (₹16 crore) in pre-Collection A funding spherical led by Bharat Innovation Fund with extra backing from Malpani Ventures. The funding will gasoline the enhancement of Clodura.AI’s platform which leverages Massive Language Fashions (LLMs) and Generative AI (GenAI) to streamline the gross sales … Read more
New housing provide continued to lag demand in April as actual property builders slowed down the launch momentum leading to a ten per cent fall in new launches (by way of space) within the month within the high seven cities whereas gross sales rose 28 per cent. Essentially the most fall in new housing provide … Read more
Oberoi Realty’s gross sales bookings have declined 53 per cent to ₹4,007 crore within the final monetary yr on larger base. The gross sales bookings of Mumbai-based firm stood at ₹8,572 crore within the 2022-23 monetary yr and ₹3,889 crore in 2021-22. In a regulatory submitting on Saturday, Oberoi Realty knowledgeable that it offered 228 … Read more
South Korean tech big Samsung expects round 75 per cent of its complete handset gross sales to return from 5G smartphones in India this 12 months in comparison with round 61 per cent final 12 months. Saying the launch of Galaxy A55 5G and Galaxy A35 5G right here on Tuesday, Akshay Rao, Normal Supervisor, … Read more
Uttar Pradesh’s loss has largely been West Bengal’s acquire by way of promoting potatoes to different states this yr. Bengal is at the moment witnessing increased consumption of its potatoes by different States comparable to Odisha, Assam and Andhra Pradesh as costs of the tuber from Uttar Pradesh are ruling increased. Additionally learn: Yara India, … Read more