Kesoram Industries posted net consolidated loss after tax of Rs 244.42 crore in the quarter ended March 31, 2024. It had registered net loss of Rs 26.13 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.The company's total consolidated income stood at Rs 1,093.96 crore in Q4 FY24, a growth of from Rs 1,070.82 crore it recorded.

Office sharing company WeWork India, promoted by Bangalore-based Embassy group, is in the midst of buying the stake held by its US parent through a secondary transaction, multiple people in the know said.The Rs 1,200 crore secondary sale of WeWork Inc's stake is being bought out by the Enam group’s family office, investment fund A91 Partners, and CaratLane founder.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has raised serious concerns and cautioned homebuyers about over 212 housing projects launched between January and April 2023 across the state.These projects have not provided any information on their construction status to the housing regulator, thereby making them doubtful, the regulator said.

U.S.-based Quanex Building Products will buy doors and windows supplier Tyman in a cash and share deal that values the British firm at about 788 million pounds ($976 million), the companies said on Monday. Tyman shares surged 25% in early trade. The acquisition comes at a time U.S. housebuilders are cutting prices and offering other incentives to increase sales.

Realty firm Experion Developers will invest about Rs 1,500 crore to develop a luxury housing project in Noida as part of its expansion plans amid a sharp rise in demand for residential properties. Gurugram-based Experion Developers has registered its new project 'Experion Elements' with the real estate regulatory authority, RERA, for launch.

Gold prices retreated 2% on Monday as easing fears of a wider Middle East conflict boosted investors’ risk appetite, lowering bullion’s safe-haven demand. Spot gold was down 2% at $2,354.61 per ounce, as of 1148 GMT. U.S. gold futures fell 2.4% to $2,357.00. Worries of ongoing tensions between Iran and Israel becoming an all-out war fading a little bit has stopped safe-haven trade that supported.

Mitsubishi UFJ Financial Group Inc. is considering sweetening its $1.7 billion offer for a minority stake in HDFC Bank Ltd.’s consumer lending unit in India, with a deal potentially hinging on valuation and the Japanese bank having a say in strategy, according to people familiar with the matter. The two sides are seeking to reach an agreement in about a month, the people said.

As many as 14 percent more land deals were clocked by developers across the country in FY 2023-24 in comparison to FY 2022-23 even as the area closed in these land deals grew by 58 percent in the corresponding period, according to data by Anarock, a real estate consultancy firm. The data showed that more than 101 land deals for approximately 2,989 acres were closed in FY24 across Indian cities.

Century Real Estate on Monday said it has raised Rs 450 crore from Edelweiss to develop realty projects in Bengaluru. In a statement, the company said it has "successfully closed a funding round with Edelweiss, securing Rs 450 crore in investment capital." Century Real Estate said its sales bookings stood at Rs 1,000 crore in the 2023-24 fiscal.

The migration of merchant customer accounts from Paytm to other unified payments interface (UPI) handles is completed, said Vijay Shekhar Sharma, Managing Director (MD), Paytm. “After we received the approval from National Payments Corporation of India (NPCI), the migration of customer accounts is completed,” Sharma said in a webinar on April 22.

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 265 per share. Pavna Industries Limited, a distinguished name in India's automotive parts industry, has recently secured a lucrative contract with OLA Electric to supply ignition switches and latches for electric vehicles (EVs). This collaboration marks a significant step for Pavna Industries as it enhances its foot

In the five years leading up to its all-time high in January 2018, Carnival (NYSE: CCL) was a winning investment. Its shares jumped 86% during that time.It's been a different story since then, though. This cruise stock currently sits 80% below its peak price. That's even after shares soared 76% since the start of 2023 (as of April 18).Does this setup on the dip make Carnival a once-in-a-generation

📌Indian Renewable Energy Development Agency Ltd witnessed a significant gain in the market today. 📌Lloyds Enginee­ring Works Ltd showed impressive performance. The company's stock is currently trading at its 52-week high of Rs 65.15. 📌Union Bank of India Ltd had a positive trading session today, closing at Rs 150.75, a 7.14 per cent increase from the previous close of Rs 140.7.

Stock market performance along with the positive investor sentiments led to higher fund mobilisation through NFOs. Asset management companies (AMCs) floated 185 new fund offerings mobilising Rs 66,364 crore in 2023-24, marking a 6.5 per cent increase from the previous year, amidst growing interest of retail investors and significant uptrend in broader markets.

The Nifty Bank closed in the green for the second consecutive day on Monday tracking positive global cues.The Nifty Bank closed 350 points higher at 47,924 while the Nifty50 gained 189 points to close at 22,336.The Nifty Bank witnessed value buying at lower levels for the second consecutive day in a row, but it failed to hold on to the 48,000 mark.