Yashwant Singh, a scion of a royal family from Rajasthan, has purchased a luxury bungalow in Delhi’s elite Golf Links neighbourhood for Rs 100 crore, according to property registration documents obtained via CRE Matrix. The luxurious property, sprawling over 588.97 sq m of land with an impressive built-up area of 867.33 sq m, features a
Reliance Industries is gearing up for its next big leap, charting an ambitious course to unlock its next $50 billion in value creation from its current $240+ billion market cap, by betting big on green energy and generative AI. Backed by strong legacy cash flows and a bold reinvention plan, the Mukesh Ambani-led conglomerate could
Billionaire Gautam Adani-led group’s flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. ALSO READReliance’s next $50 billion bet: AI-energy synergy at heart of new growth path, says Morgan Stanley The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company
In May, the Central Board of Direct Taxes (CBDT) had announced September 15, 2025, as the deadline for filing income tax returns (ITRs) for non-audit cases. However, with critical return filing utilities still pending and system delays continuing, tax experts are urging an official extension of the due date to September 30 for non-audit cases
Former chairman of Hindustan Unilever Ltd. (HUL), Susim Dutta has passed away in Mumbai, today. Susim Mukul Datta’s career began with Hindustan Lever in the 1950s. For over four decades, he advanced through the company’s rungs and took the helm as Chairman from 1990 to 1996. A prominent business leader and rural marketing revolutionary, Dutta
Gold has had a phenomenal run for the last three years. Most investors, including market analysts, were caught off guard by the continuous record highs in gold prices. After rising more than 20% in 2023 and 2024, gold is already up over 27% so far in 2025. Gold reached its all-time high of $3,500 on
Premium homes are gaining popularity in India’s housing market. According to Knight Frank India, nearly half of all residential property sales in the first half of 2025 were for homes priced above Rs 1 crore. This marks a clear shift in buyer preference towards larger and more luxurious homes, highlighting a growing trend of premiumisation
Reliance Infrastructure and Reliance Power have issued statements on the ongoing dispute between Reliance Communications and the State Bank of India. In their statements, both companies have distanced themselves from Reliance Communications as SBI accuses the latter of committing fraud. In separate statements, Reliance Infrastructure and Reliance Power said that both companies are separate and
The central government is continuously working to simplify and streamline the tax system, aiming to reduce disputes. In this direction, Union Finance Minister Nirmala Sitharaman has reportedly given strict instructions to the Central Board of Direct Taxes (CBDT) to identify all departmental tax appeals involving amounts less than the “revised monetary limit announced by the
An increasingly bitter inheritance dispute at the Rs 30,000 crore-valued Sona Comstar Group has brought late industrialist Sunjay Kapur’s family into the spotlight. Kapur’s mother, Rani Kapur, has accused unnamed individuals of attempting to wrest control of the family-run business. In a letter, Rani alleged that she had been locked in a room and forced
Leading private sector banks like HDFC Bank had earlier reported an improved performance in the June 2025 quarter and investors were keenly awaiting the results of Kotak Mahindra Bank. The Kotak Mahindra Bank stock ended Friday’s trade 0.8 % lower at Rs 2,125 and it is not too far from its 52-week high of Rs
Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of
Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per
