Prestige Estates Projects Ltd’s joint venture is acquiring a 16.38-acre land parcel in Padi, Chennai. The deal is valued at Rs 561 crore. This move strengthens Prestige Group’s presence in key urban areas. The land will be used for a new real estate project. Sundaram-Clayton Ltd is the seller of this significant landholding.
RBI calls off T-Bill auction on higher-yield demand
The Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high yield bids. This