Realty firm Suraj Estate Developers Limited has reported an 88 per cent increase in its consolidated net profit to Rs 31.8 crore in the September 2024 quarter. Its net profit stood at Rs 16.96 crore in the year-ago period. Total income rose to Rs 109.63 crore in the second quarter of this fiscal compared to Rs 103.7 crore in the corresponding period a year ago.
Open FlipConfirming that the e-khata system is floundering, data from Bruhat Bengaluru Mahanagara Palike has revealed that while 22 lakh draft e-khatas are available online, only 5,324 - or, slightly over 0.2% - final e-khatas had been issued till Friday, though the system was launched with much fanfare in early Oct.
Open FlipThe newly-launched Securities and Exchange Board of India’s (Sebi) online settlement calculator (beta version) is throwing up new challenges for stakeholders. This is causing major challenges due to significant mismatches between calculator and internal committee assessments, undermining stakeholder trust and accuracy.
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