The SKA Group has launched its ultra-luxury housing project SKA Divine in Wave City, Ghaziabad. The group intends to invest Rs 150 crore in this project and anticipates generating Rs 900 crore in revenue. Located along the Delhi-Meerut Expressway, the development spans approx. 5 acres, featuring 536 premium apartments across 27 floors in 3 towers
Titan’s standalone business registered a 24% year-on-year growth, the Tata Group company reported on Monday while providing an update for the December 2024 quarter. The company’s jewellery business, in particular, grew 26% year-on-year, driven by strong festive demand. Robust consumer traction during Diwali resulted in high single-digit buyer growth, along with double-digit growth in ticket
Benchmark equity indices recorded their biggest single-day loss in three months on Monday, as a barrage of bad news hits investor sentiment. Concerns over the human metapneumovirus (HMPV), disappointing Q3 business updates from banks and uncertainties surrounding new US economic policies were the key headwinds. At the same time, the fall in ITC stock due
The markets extended loss and ended in the red for the second straight session. The Sensex fell 1,258 points, or 1.6%, closing the day at 77,965, while the Nifty declined 382.95 points, or 1.6%, ending at 23,621.80. ITC is among the top index losers followed by metals, power and select banks. However, some stocks saw significant
Systematic Investment Plans (SIPs) have gained immense popularity among investors today. Mutual fund SIP investments in November remained above Rs 25,000 crore for the second consecutive month, AMFI data on month-wise SIP contributions showed. SIPs offer numerous advantages that appeal to both novice and seasoned investors. With SIPs, you can invest in mutual funds while
To boost productivity and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26. The CII has suggested the introduction of an integrated National Employment Policy (NEP), which would consolidate various employment-generating schemes currently being implemented by multiple
SBI Special FD Scheme: The State Bank of India (SBI) has launched a special fixed deposit (FD) plan called ‘SBI Patrons’ for super senior citizens—individuals who are 80 and above. Under the ‘SBI Patrons’ scheme, available to both existing and new FD investors, the bank will offer super senior citizens an interest rate of 10
Page Industries Limited, the licensee for Jockey and Speedo, on Monday announced the appointment of Karthik Yathindra as the Chief Executive Officer, effective 01 April 2025. He has been associated with the company for over nine years and has held several leadership positions, overseeing areas of sales, retail, product, marketing and supply chain. In a
Equity-Linked Savings Schemes (ELSS), also known as tax-saving mutual funds, have the potential for higher returns, and they also carry the added advantage of tax savings for investors. ELSS fund invests primarily in equity and equity-related instruments. As per SEBI norms, it is mandatory for an ELSS fund to invest at least 80% of the
With Finance Minister Nirmala Sitharaman all set to table the Union Budget 2025 on February 1, Deloitte expects the government to streamline tax structures and improve the overall ease of doing business in terms of mergers and acquisitions. During the first nine months of 2024, the total value deals in India surged by 66 per
Quadrant Future Tek IPO shares will be allotted to investors who applied for it on January 10. The issue was closed on January 09 and was subscribed to a total of 196 times. The retail portion was booked to a total of 256.46 times. The NIIs ruled the subscription with 268.03 times. The QIBs booked
How to Check Capital Infra Trust Invit IPO Share Allotment Status: Capital Infra Trust InvIT IPO was opened for subscription from January 7 to January 9, with price band set between Rs 99 to Rs 100 per share. With the allotment status set to be announced today, January 10, here is how you can check
It’s been a choppy Friday for the markets so far. The Nifty and Sensex tumbled hard in the morning trade but recovered some ground eventually. The Nifty 50 dropped well past the 23,500 support zone and slipped to 23,344.35. But then recouped back above this key support level. The Sensex too fell 500 points before
