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Realtors’ body Naredco on Friday said the government should promote affordable home segment and provide incentives for development of rental accommodation to achieve Housing for All and boost growth of real estate sector.
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State-owned Engineers India Ltd (EIL) reported an over 3-fold on-year jump in net profit to Rs 302 crore for the third quarter ended December 31, 2025, driven by strong execution and higher revenues.
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Britain’s FTSE indexes were subdued on Friday, tracking a sombre mood globally in a week that was marked by ‌AI-disruption worries, while ⁠defence ⁠stocks got a lift as investors priced in greater European cooperation that could boost the sector.
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Benchmark declines dragged the BSE Sensex sharply lower, with nine BSE 200 stocks hitting fresh 52-week lows. IT majors like Wipro, Tata Consultancy Services and Infosys led losses, reflecting sustained selling pressure across technology and select defensive counters.
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Hindustan Unilever Ltd secured approvals from BSE and National Stock Exchange of India to list demerged ice-cream arm Kwality Wall’s on February 16. Shareholders receive one share per holding, creating India’s first pure-play listed ice-cream firm backed by The Magnum Ice Cream Company.
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