Shares of Eternal have come under pressure following investor concerns around leadership changes, with market participants reassessing valuations even as optimism around quick commerce remains intact. The stock, which had earlier rallied sharply on growth expectations, has seen a sharp correction, prompting debate on how much of the downside is already priced in. Responding to […]
Bengaluru homebuyers are increasingly opting for apartments located in bylanes, typically 100–200 metres away from main roads, as concerns over dust, air pollution and noise from high-traffic corridors grow. Real estate brokers say this shift is reshaping buyer preferences toward units with interior-facing views and quieter layouts. Bengaluru buyers are increasingly choosing bylane apartments 100–200m […]
India’s stock market was subdued at the open today, with a drop in IT stocks and concerns over US tariffs offsetting positive business updates that reinforced expectations of better quarterly earnings. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) At the opening bell, the Nifty 50 rose as much as 0.11% to […]
India’s largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government’s cigarette “tax shock” stoked concerns on profitability. ITC is India’s largest cigarette maker, deriving more than 40% revenue from the product. (Reuters) ITC’s share price fell as much as 5.11% to ₹345.35—the lowest since February […]
A Reddit post by a Bengaluru homebuyer has sparked a debate over the realities of the city’s booming eastern IT corridors, where buyers are paying ₹2 crore and more for homes in Whitefield and Sarjapur despite water shortage. Several Reddit users noted that residents often pay ₹5,000– ₹8,000 a month to fund tanker water during […]
MUMBAI: Nearly one in three homebuyers who won flats in the Maharashtra Housing and Area Development Authority’s (Mhada) Konkan Board 2025 housing lottery have chosen to surrender their allotments, internal data accessed by Hindustan Times shows. Nearly 30% of Konkan Mhada lottery winners surrender flats amid cost and location concerns The Konkan Board had offered […]
Lenskart Solutions Ltd. listed at a discount today, underscoring investor concerns over the pricey valuations of India’s largest organised eyewear maker. “We didn’t build Lenskart to reach a valuation. We built it to reach people,” Lenskart CEO Peyush Bansal says ahead of listing. (ANI) The Lenskart share price fell as much as 11.51% from its […]
Silver swung near a record as an historic short squeeze in London and US-China trade tensions roiled the market, while gold set a new peak. Elsewhere, fears over potential White House tariffs on gold’s precious metal peers drove platinum and palladium sharply higher. Gold IRAs are not Gold set a record above $4,060 an ounce, […]