Ayodhya to get 8 new flights from Delhi, Chennai and other cities from Feb 1

Ayodhya to get 8 new flights from Delhi, Chennai and other cities from Feb 1

The Ministry of Civil Aviation is set to launch eight new flight routes for Ayodhya After the Pran Pratishtha ceremony was held in Ayodhya on January 22, flight connectivity to the temple town has been increasing rapidly. To further boost air connectivity and facilitate the arrival of pilgrims, Ministry of Civil Aviation is set to…

Finance Minister to address RBI board on Feb 12

Finance Minister to address RBI board on Feb 12

In the post-budget meeting, the finance minister will address the board members and talk about announcements made in the interim Budget 2024-25. The Finance Minister, Nirmala Sitharaman, is set to address the central board of the Reserve Bank of India on February 12, highlighting essential points of the interim Union Budget. Sitharaman will unveil the…

Keystone Realtors Q3 profit jumps 5-fold to Rs 30 cr

Keystone Realtors Q3 profit jumps 5-fold to Rs 30 cr

Commenting on the performance, Boman Irani, Chairman and Managing Director, Keystone Realtors, said, “For Q3 of FY24, the company has demonstrated good progress in terms of pre-sales, new project additions and new launches. Keystone Realtors announced on Tuesday a significant five-fold surge in consolidated net profit to Rs 29.88 crore for the quarter concluding in…

Unlocking Value: Why Mahanagar Gas Is a Buy at Rs 1665

Unlocking Value: Why Mahanagar Gas Is a Buy at Rs 1665

Motilal Oswal is bullish on Mahanagar Gas recommended buy rating on the stock with a target price of Rs 1665 in its research report dated January 24, 2024. Motilal Oswal’s research report on Mahanagar Gas Mahanagar Gas Ltd.’s (MAHGL) EBITDA surged by 75% YoY to INR4.5b in 3QFY24, primarily fueled by a 63% YoY increase in…

Interim Budget 2024: What auto sector expects from FM Sitharaman?

Interim Budget 2024: What auto sector expects from FM Sitharaman?

Shashank Srivastava, Senior Executive Director, Maruti Suzuki, said the auto industry’s performance has a “close correlation” with the country’s overall economic growth As the Interim Budget draws close, automobile industry stakeholders have varied expectations from Finance Minister Nirmala Sitharaman. The industry believes that focus on last-mile connectivity, infrastructure and policy consistency would propel sectoral expansion….

Uncovering Mindspace REIT’s Q3 Financial Performance: A Profit Surge

Uncovering Mindspace REIT’s Q3 Financial Performance: A Profit Surge

According to a regulatory filing, the total income rose to Rs 610.8 crore in the October-December period of this fiscal from Rs 560.4 crore a year ago. Mindspace Business Parks REIT recently disclosed a 16% surge in its consolidated net profit, reaching Rs 146.8 crore for the latest December quarter, alongside announcing a distribution of…

Revolutionary changes taking place in India-US relationship, says Amb Sandhu

Revolutionary changes taking place in India-US relationship, says Amb Sandhu

Outgoing Indian Ambassador Taranjit Singh Sandhu highlights revolutionary changes in India-US ties, emphasizing vast, untapped potential beyond current achievements. Significant transformations are underway in the India-US dynamic, as emphasized by Taranjit Singh Sandhu, the outgoing Indian Ambassador. Sandhu highlighted that the bilateral connection has merely scratched the surface and is poised to expand extensively. Speaking…

Exploring the Surging Demand for Larger Homes in Top 7 Cities

Exploring the Surging Demand for Larger Homes in Top 7 Cities

Builders respond to demand, increasing flat sizes by 11% in seven major cities. Meeting consumers’ preferences for larger homes, Anarock reports. Builders are constructing larger homes to meet consumer demand as the average size of apartments increased by 11 percent last year across seven major cities, according to findings by Anarock. The real estate consultancy…

CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV sales

CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV sales

CEAT Ltd, eyeing India’s rising passenger vehicle sales, anticipates increased demand in the replacement market, says CEO Arnab Banerjee. Tyre manufacturer CEAT Ltd aims to capitalize on the surge in sales of passenger vehicles in India, which will subsequently drive demand in the replacement market, as per the company’s Managing Director & CEO, Arnab Banerjee….

Moneycontrol Selects: Top Market Analysis and Investment Tips for the Evening

Moneycontrol Selects: Top Market Analysis and Investment Tips for the Evening

Our specially curated package of the most interesting articles to help you stay at the top of your game. Here is a collection of the most important stories this evening: Flipkart co-founder Binny Bansal exits board marking the end of an era Flipkart co-founder Binny Bansal has stepped down from the board of the Walmart-owned…