Godrej Properties has made an impressive acquisition, securing a key 26-acre site along Bengaluru’s thriving Sarjapur Road corridor. The firm plans to develop a luxurious residential project here, which is anticipated to bring in a remarkable Rs 1,100 crore in revenue. This venture marks a strategic expansion for Godrej Properties within the flourishing real estate markets of India.Read More
Coinbase is strategically expanding its horizons with a fresh investment in CoinDCX, an Indian crypto exchange, now boasting a valuation of $2.45 billion. This investment marks a continuation of their partnership, following an initial investment in April 2022. With CoinDCX revealing impressive figures of $141 million in annualized revenue and $1.Read More
The Indian central bank took strong action on Wednesday to support the rupee. This intervention pushed the currency to its highest level in almost a month, trading above 88 against the U.S. dollar. The rupee saw a significant rise at the market’s opening. This move comes after weeks of the rupee hovering near its record low.Read More
The Indian rupee has made a strong recovery against the US dollar. This rebound comes after the US Federal Reserve signaled potential rate cuts. Falling crude oil prices and intervention by the Reserve Bank of India also supported the rupee. The dollar index has eased, boosting investor confidence in the domestic currency. Stock markets are also showing gains.Read More
Shares of Indian Renewable Energy Development Agency (IREDA) fell 2.6% to Rs 153.35 after a strong Q2 FY26 showing. Despite a 41.5% YoY jump in net profit and robust operational metrics, investors booked profits, leading to a price correction. Loans and disbursements also saw significant growth.Read More
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