NCLT has appointed an interim resolution professional (IRP) for Knightbridge - a luxury residential and commercial project developed by ATS in Sector 124 - after a financial services company alleged that the realtor had defaulted on debenture returns worth Rs 285 crore. While Gaurav Katiyar was appointed the IRP, Sunil Gaur, a former judge, was made the monitor for the project.
Open FlipMarico share price jumped over 8% in early trade on Tuesday after analysts remained bullish on the stocks post its Q4 results. The FMCG major Marico reported a consolidated net profit of ₹320 crore in the fourth quarter of FY24, a growth of 4.9% from the year-ago period. The company’s revenue from operations in Q4FY24 rose 1.69% YoY to ₹2,278 crore.
Open FlipSquare Yards, which is mainly in the housing and home loan brokerage business, on Monday said its revenue has risen 49 per cent to Rs 1,004.45 crore during the last fiscal year, driven by strong demand for residential properties. Of the total revenue, its India business contributed 79 per cent, Square Yards said in a statement.
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