Lodha Developers Q2 sales bookings up 7pc to Rs 4,570cr

Lodha Developers reported a 7% rise in sales bookings to Rs 4,570 crore for the second quarter of FY26, driven by improved housing demand. Despite fewer launches, the company is confident in meeting its Rs 21,000 crore annual sales target, with significant new projects planned for the latter half of the fiscal year.

Mahindra Lifespace to redevelop 4 housing societies in Mumbai, eyes Rs 800cr revenue

Mahindra Lifespace Developers will redevelop four housing societies in Malad West, Mumbai. The company anticipates generating Rs 800 crore from the sale of free area. This project adds to Mahindra Lifespace’s extensive development portfolio across India. The firm manages significant ongoing and upcoming projects in residential and industrial sectors.

Wall Street selloff raises worries about market downturn

U.S. stocks experienced a sharp decline on Friday after President Trump revived tariff threats against China, canceling a meeting with President Xi Jinping. This move triggered worries of a trade war, impacting markets already at record highs. While some see this as a sign of jitters due to high valuations, others believe AI will remain […]

US yields tumble after Trump’s China tariff threats

US Treasury yields plunged to multi-week lows as President Trump’s threat of massive tariffs on Chinese imports spooked investors, driving them to safe havens. This escalation, fueled by accusations of China hindering rare earth trade, also triggered a stock market selloff. Meanwhile, Federal Reserve officials hinted at potential interest rate cuts, offering some market comfort.

Puravankara Q2 sales booking up 4 pc to Rs 1,322 cr

Realty firm Puravankara Ltd saw sales bookings rise to Rs 1,322 crore in the second quarter of this fiscal year. This marks a 4 percent increase compared to the same period last year. The company also reported growth for the April-September period. Demand for residential properties is showing strength.

Sebi revises penalty norms for stock brokers to remove ‘stigma’

Stock market regulator Sebi has streamlined penalty rules for brokers, introducing a single penalty per violation across exchanges. The number of penalties has been drastically cut from 235 to 90, with many minor lapses now facing financial disincentives instead of penalties. This move aims to reduce reputational risk and provide significant relief to the broking […]