As home prices in Bengaluru push past the ₹2 crore mark in many neighbourhoods, buyers are increasingly questioning how much income is truly required to comfortably afford such properties. Across social media platforms like X and Reddit, homebuyers highlight growing concerns around EMI burden, lifestyle expenses and long-term financial planning, particularly as interest rates and […]
Paying ₹60,000 or more in monthly rent is no longer unusual in India’s largest cities. Across Bengaluru, Mumbai and Delhi-NCR, a growing number of salaried professionals are opting to rent premium homes, even as owning a house remains a deeply rooted aspiration. Paying ₹60,000-plus monthly rent is now common in major cities, with many salaried […]
Shares of FMCG bellwether Hindustan Unilever slipped 2.5% to Rs 2,351.40 on Friday after it reported a 30% decline in consolidated net profit from continuing operations for the third quarter of FY26, to Rs 2,188 crore. In the same quarter last year, the company’s net profit was Rs 3,027 crore. The company’s net profit for […]
Ashapuri Gold Ornament, a B2B jewellery manufacturer, said net profit in the December quarter was up 53 per cent at ₹17 crore on the back of strong demand and a rise in prices. Income increased 6 per cent to ₹247 crore, while EBITDA jumped 60 per cent to ₹24 crore. Gold sales volume stood at […]
Shares of PSU Bharat Heavy Electricals (BHEL) fell around 5% to Rs 259.3 on Wednesday morning after the government launched an Offer for Sale (OFS) to sell up to 5% stake in the company to raise around Rs 4,422 crore. The floor price for the OFS has been fixed at Rs 254 per share, which […]
Upstox is not in a rush to go public, with the brokerage prioritising profitability and business diversification amid a tougher regulatory and market environment. The company is targeting a 2.3x jump in profit after tax to around ₹500 crore in FY26, driven by higher monetisation, operating leverage and growth in non-equity segments, said CEO and […]
US formulations revenue rose 2.2 per cent year on year to ₹3,739 crore, while European revenue increased 27.4 per cent to ₹2,703 crore. | Photo Credit: iStockphoto Aurobindo Pharma Ltd has posted a net profit of ₹910 crore for the quarter ended December 31, 2025, as against ₹846 crore in the same quarter last year, […]
Bollywood actor Ishaan Khattar has purchased a luxury apartment in Mumbai’s upscale Pali Hill for ₹29.37 crore, according to property registration documents accessed by CRE Matrix. Actor Ishaan Khattar has bought a luxury apartment in Mumbai’s Pali Hill for ₹29.37 crore, as per property registration documents accessed by CRE Matrix. (File Photo ) The actor […]
India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in the third quarter. Net interest income for the same period increased 9% YoY to Rs 45,190 crore. The company’s operating profit (before provisions and contingencies) grew 40% YoY […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 equity shares to 52 anchor investors at the upper end of the price band of Rs 900 per share. The IPO will open for public subscription on Monday, February 9, […]
