Category : Business

Reliance Brands, a key player in the Indian retail landscape, is aggressively expanding its luxury retail portfolio. The company’s flagship multi-brand luxury store, ‘The White Crow’, is set to witness a significant expansion across India’s major metropolitan cities. Currently operating in 12 cities with expansive store formats averaging 8,000 to

Raymond Limited has announced a stellar start to the fiscal year 2025, with its net profit surging by a commendable 27% to reach Rs 57.04 crore in the first quarter. This marks a substantial improvement over the corresponding period in the previous year. Contributing significantly to this impressive performance is

Mumbai: Hindustan Construction Company (HCC) has announced a significant downturn in its financial performance for the first quarter ended June 30, 2024. The company reported a net loss of Rs 2.5 crore, a sharp reversal from the Rs 43.6 crore net profit recorded in the corresponding period of the previous

New Delhi: In a bid to streamline property transactions and enhance transparency, Delhi Lieutenant Governor V.K. Saxena has issued a directive to officials to expedite the registration of all properties in the city under the National Generic Document Registration System (NGDRS). The deadline for this comprehensive registration has been set

Landowners across the country are finding themselves entangled in a legal web due to the imposition of Goods and Services Tax (GST) on development rights. This tax, introduced with the intention of broadening the tax net, has inadvertently created a complex and contentious issue for property owners. The crux of

LIC Housing Finance has reported a slight decline in its net profit for the first quarter of the fiscal year 2025. The company’s earnings stood at Rs 1,300 crore, marking a 2% decrease compared to the same period last year. This downturn can be primarily attributed to a contraction in

In a much-awaited move that has brought relief to thousands of homebuyers, the Greater Noida Industrial Development Authority (GNIDA) has announced a six-month penalty waiver for the registration of flats in projects that have secured partial occupancy certificates (OCs). This decision comes in response to mounting pressure from homebuyers’ associations

The Jaypee Group is in advanced negotiations to secure a Rs 10,000 crore investment from global credit funds to rescue its debt-laden flagship company, Jaiprakash Associates Limited. In a bid to stave off a looming insolvency crisis, the Jaypee Group is actively negotiating a substantial Rs 10,000 crore investment from

Puravankara Limited is gearing up to enter the Delhi-NCR real estate market in FY26 through strategic partnerships while continuing its focus on ongoing projects. Bengaluru-based real estate developer Puravankara Limited is poised to expand its footprint into the lucrative Delhi-NCR market. The company has initiated its foray into the region

Global professional services firm Deloitte has significantly expanded its presence in Delhi by securing a substantial office space lease at Prestige Trade Tower. The deal, which is one of the largest office space transactions in recent times in the national capital, will see Deloitte occupy approximately 1.75 lakh square feet