Tuesday, May 26

Business

Prestige Group Eyes ₹50,000 crore Home Sales By FY30
Business

Prestige Group Eyes ₹50,000 crore Home Sales By FY30

Prestige Group, currently operating in 13 cities, is now eyeing expansion into new markets. “We are actively evaluating opportunities in Pune, Gurugram, and Noida—cities where we haven’t launched residential projects yet but see strong potential,” said Noaman. The company aims to target the ₹2–3 crore housing segment, which accounts for most genuine demand, while also pursuing high-end developments in premium locations. For FY26, Prestige has over ₹43,500 crore worth of launches planned across 25 projects in cities like Bengaluru, Mumbai, NCR, Hyderabad, Chennai, and Goa. It began the fiscal year with a record ₹13,500 crore in launches, including The Prestige City Indirapuram (its debut in NCR) and Prestige Pallavaram Gardens in Chennai. The company also plans to add ₹30,000 crore wort...
Coriander futures rose: Prices gain on demand
Business, News

Coriander futures rose: Prices gain on demand

New Delhi: Coriander prices rose by Rs 18 to Rs 8,028 per quintal in futures trade on Tuesday as speculators increased their positions tracking a firm trend in the spot market. At the NCDEX, coriander contracts for September delivery rose by Rs 18, or 0.22 percent, to Rs 8,028 per quintal with a turnover of 11,905 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and restricted supplies from producing regions.
Cottonseed oil cake futures prices gain: New deals
Business, News

Cottonseed oil cake futures prices gain: New deals

New Delhi: Cottonseed oil cake prices rose by Rs 8 to Rs 3,466 per quintal in futures trade on Monday as speculators created fresh deals amid rising demand. At the NCDEX, cottonseed oil cake contracts for September delivery rose by Rs 8, or 0.23 per cent, to Rs 3,466 per quintal with a turnover of 35,180 lots. Market sources said cottonseed oil cake prices rose mainly as participants increased their deal size amid rising demand for animal feed.
Mahindra BE 6 Batman Edition Flies Off Shelves
Business

Mahindra BE 6 Batman Edition Flies Off Shelves

Mahindra launched the limited-edition BE 6 Batman Edition electric SUV on August 14, initially offering 300 units. Due to high demand, the company increased production to 999 units, all of which sold out within just 135 seconds after bookings opened. This special edition is based on the Pack Three variant and features a 79 kWh battery delivering an ARAI-certified range of 682 km on a single charge. The rear-mounted electric motor generates 286 hp and 380 Nm of torque. Priced at ₹27.79 lakh, the BE 6 Batman Edition offers fans a unique electric SUV with a superhero theme. The vehicle sports a custom satin black finish, Batman decals on the doors, a Dark Knight emblem on the tailgate, and Batman logos on the fenders, bumpers, and reverse lamps. It rides on 19-inch wheels, with an option ...
ICICI Foundation launches a large-scale agricultural initiative in Meghalaya’s Ri Bhoi district
Business

ICICI Foundation launches a large-scale agricultural initiative in Meghalaya’s Ri Bhoi district

ICICI Foundation, the CSR arm of ICICI Bank, has rolled out an extensive agricultural programme in Umling block of RiBhoi district to enhance crop productivity and farmer incomes. The initiative directly benefits over 310 farmers, tackling long-standing issues of low yields, soil erosion, outdated practices and limited access to quality planting material. As part of the support, the foundation has distributed 12.6 lakh healthy pineapple saplings, 1.38 lakh kilograms of ginger seeds and 49,350 kilograms of turmeric seeds. Training on modern and sustainable cultivation techniques, suited to the region’s high rainfall, is also underway. Already, cultivated land has expanded by 10 percent across 35 villages, with 300 acres now under pineapple farming. Productivity is projected to double to...
Amazon MX Player Adds Vi Movies & TV to Its Free Content Library
Business

Amazon MX Player Adds Vi Movies & TV to Its Free Content Library

Vodafone Idea (Vi) has broadened its digital content portfolio by integrating Amazon MX Player into its Vi Movies & TV app, strengthening its free entertainment offering at a time when India’s OTT market is witnessing record growth. According to industry estimates, the country now has more than 547 million OTT users, with nearly 400–447 million relying on free, ad-supported platforms. The partnership adds MX Player’s diverse slate of award-winning web series, international shows, regional films, and dubbed global content to Vi Movies & TV’s existing mix of 400+ live TV channels, news streaming, and free first-episode access to Z5 Originals. By offering premium entertainment at no additional cost, Vi aims to capture a wider audience base and reduce subscription fatigue among dig...
Vi Games’ Galaxy Shooters Freedom Fest brings big rewards to everyday gamers
Business

Vi Games’ Galaxy Shooters Freedom Fest brings big rewards to everyday gamers

For many smartphone users, mobile games are more than just entertainment—they are a daily escape. Vi, India’s leading telecom operator, has tapped into this sentiment with the launch of the Galaxy Shooters Freedom Fest on its Vi Games platform, live on the Vi App until August 31. The special edition not only offers fun but also opens doors to life-changing rewards for ordinary customers at just ₹1. At the heart of the festival is an annual recharge pack worth ₹4999 available for ₹1, which includes 2GB data per day, Amazon Prime Video, and access to 19 OTT platforms such as SonyLIV, ZEE5, and Lionsgate Play. Other rewards include 50GB data packs, OTT bundles with 10GB data, and gift vouchers. Participants can play Galaxy Shooters, collect gems daily, and improve their odds of winning—tu...
Crude oil futures gain on spot demand
Business, News

Crude oil futures gain on spot demand

New Delhi: Crude oil prices rose by Rs 16 to Rs 5,579 per barrel in futures trade on Friday as traders increased their bets following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for September delivery rose by Rs 16, or 0.29 per cent, to Rs 5,579 per barrel in a business turnover of 13,135 lots. Analysts said crude oil prices rose in futures trade as participants increased their bets. Globally, West Texas Intermediate crude was trading 0.29 percent higher at $63.65 per barrel in New York, while Brent crude rose 0.16 percent to $67.78 per barrel.
India’s foreign exchange reserves gain to USD 695.1 billion: RBI
Business, News

India’s foreign exchange reserves gain to USD 695.1 billion: RBI

Mumbai: India's foreign exchange reserves rose by USD 1.488 billion to USD 695.106 billion during the week ended August 15, according to RBI data released on Friday. In the previous reporting week, the overall reserves had risen by USD 4.747 billion to USD 693.618 billion. Foreign currency assets, a key component of the foreign exchange reserves, rose by USD 1.924 billion to USD 585.903 billion in the week ended August 15, according to the data. Expressed in dollars, foreign exchange assets include the impact of appreciation or depreciation of non-US units such as the euro, pound and yen held in the foreign exchange reserves. Gold reserves declined by USD 493 million to USD 85.667 billion during the week, the RBI said. The apex bank said that Special Drawing Rights (SDRs) r...
Godrej Properties Emerges As Highest Bidder For Hyderabad Land Parcel
Business

Godrej Properties Emerges As Highest Bidder For Hyderabad Land Parcel

Shares of Godrej Properties gained attention after the company announced it had secured the top bid for a 7.825-acre land parcel in Kukatpally, Hyderabad, during an e-auction conducted by the Telangana Housing Board (TGHB) for residential group housing. The total bid stood at ₹547.75 crore, and the project is expected to generate revenue of approximately ₹3,800 crore. Following the announcement, Godrej Properties' stock rose 1.65% to close at ₹2,041.10 on Wednesday, with its market capitalization reaching ₹61,479 crore. According to the company, the land is located in a prime area of Kukatpally, close to HITEC City, and the project will consist of premium residential apartments in varied configurations. This acquisition adds to Godrej Properties’ growing portfolio in Hyderabad, followi...