Welspun One, the logistics and industrial property arm of Welspun group, plans to raise Rs 4,000 crore to fund its expansion. The platform plans to double its portfolio size from 16 million square feet to around 32 million sq ft by 2028. It has already identified a pipeline of approximately 8 million sq ft across
Direct-to-consumer dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space. The Gurugram-based company has started quick delivery in some areas in the NCR and is likely to expand it to other cities soon, according to a source. The company already has a rapid delivery service which
The board of Securities and Exchange Board of India (SEBI) took as many as 19 decisions on Wednesday, including tighter listing regulations for small and medium enterprises (SMEs), easier norms for REITs and InvITs, and a wider definition of unpublished price-sensitive information (UPSI). In a bid to curb the manipulation by some SMEs to paint
DMart, a supermarket chain founded by Radhakishan Damani has emerged as the most valuable Indian company founded by a self-made entrepreneur post-2000, with a valuation of Rs 3.42 lakh crore, according to the latest Hurun India report released on Wednesday. The parent company, Avenue Supermarts, saw a rise by 44 per cent in its valuation
A subsidiary of Sembcorp Industries, Sembcorp Green Infra, has won a 150 MW solar project. The project includes a 300 MWh Battery Energy Storage System (BESS). It was awarded by the Solar Energy Corporation of India Ltd (SECI). The project is part of a larger bid for 2GW of inter-state transmission system (ISTS)-connected solar power
The Securities and Exchange Board of India’s (SEBI) directive barring foreign portfolio investors from issuing offshore derivatives instruments (ODIs) with derivatives as underlying may have little impact on the segment since there have been negligible trades in this segment for over three years, said experts. However, the mandate to provide granular details of its ownership
Continuing their losing streak for the third straight session, the benchmark indices fell up to 0.62% as investors remained cautious ahead of the US Federal Reserve meeting outcome. After opening flat, the Sensex traded in positive territory briefly (intraday high of 80,868.02) but later succumbed to profit booking, hitting a low of 80,050.07. It finally
ishal Mega Mart Share Price Highlights: The company hit the D-Street with a premium of 33% to the issue price on December 18. The company’s IPO was subscribed to a total of 28.75 times. The retailers booked it 2.43 times and NIIs 15 times. The QIBs subscribed to it 85.11 times. The company raised Rs
Specialty coffee chain Third Wave Coffee, which is rapidly expanding, has achieved store-level earnings before interest, taxes, depreciation, and amortisation (Ebitda) positivity in 90% of the outlets, according to a senior company official. “We worked hard last year to get our unit economics right. Currently, 90% of our stores generate positive Ebitda at the store
The commercial real estate market in the NCR region is undergoing a paradigm shift, with new trends setting higher benchmarks. As businesses seek greater flexibility and investors focus on high-return assets, SCO (Shop-Cum-Office) spaces have emerged as a preferred choice. These spaces seamlessly combine retail and office functionalities within a single unit. Experts highlight that
Last month, Union Finance Minister Nirmala Sitharaman tabled the Income Tax Bill, 2025 in Parliament. Once passed in Parliament, the Bill will become a law and replace the existing Income Tax Act, 1961. With this proposed law, which is expected to come into force on April 1, 2026, the government aims to simplify and modernise
Women homebuyers are increasingly gravitating toward premium properties, with the Rs 1-2 crore segment emerging as the most preferred budget category. With rising financial independence and a greater role in decision-making, their demand for high-value homes has grown significantly, according to Magicbricks Research. In 2023, 27.8% of demand from women buyers was for homes priced
The traditional idea of the male breadwinner led to a narrow view of financial protection that underestimated a woman’s contribution to a household. This is why life insurance was viewed as a product catering primarily to the male consumer segment. However, this couldn’t be farther from the truth. Apart from financial contributions, women make non-tangible
