Prestige Estates Projects acquires 22,135 sq meters of land in Mumbai for Rs 291.58 crore, planning to develop approximately one million sq ft of residential space. The company reports Q2 FY25 sales of Rs 4,226 crore, with total first-half sales reaching Rs 7,052 crore and launching projects worth Rs 10,000 crore.
Open FlipOil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel stocks. Brent crude futures were down 30 cents, or 0.41 Percent , at $72.26 a barrel by 0105 GMT. U.S. West Texas Intermediate crude futures were down 25 cents, or 0.36 Percent , at $68.45. For the week, Brent is set to fall about 2.2 Percent.
Open FlipNiva Bupa debuted on the stock exchanges Thursday with a 5% premium, becoming India’s first listed multinational health insurer. The company initially raised 5-6% equity in private placements, setting a valuation benchmark that strengthened its IPO appeal. Liberalisation of foreign ownership in the insurance sector — now up to 74% — enabled parent Bupa to increase its stake to a majority earlier.
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