Brigade Group Acquires 20.19-Acre Bengaluru Plot for Rs 5.88 Bn
Brigade Group has announced the acquisition of a 20.19-acre land parcel in Bengaluru’s Whitefield–Hoskote Road corridor for Rs 5.88 billion. The transaction was executed via its wholly owned subsidiary, Ananthay Properties.Strategically located with strong connectivity to key IT hubs, industrial zones, and upcoming infrastructure projects, the site offers a development potential of 4.2 million sq. ft. The project is expected to generate a Gross Development Value (GDV) of Rs 52 billion and will include residential, commercial, and retail components.“This acquisition aligns with our vision..
IFL Enterprises to Review 12% Stake Offer from Singapore Firm
IFL Enterprises, engaged in the import, export, and trading of agri commodities, has announced that its Board of Directors will meet on August 1, 2025, to evaluate a proposal from Singapore-based Unique Global Managed Services for acquiring up to 12 per cent equity stake in the company through a strategic investment route.The proposed investment is seen as a major step in IFL’s efforts to strengthen its capital base, accelerate growth plans, and enhance shareholder value. The management considers the proposal a strong endorsement of the company’s operational performance and future potentia..
DCM Shriram Reports 12% Revenue Growth in Q1 FY26 Amid Global Volatility
DCM Shriram, a diversified conglomerate with interests in agri-inputs, chemicals, and vinyl businesses, announced a resilient financial performance for the quarter ended June 30, 2025 (Q1 FY26), despite a challenging global economic environment.The company reported consolidated revenue of Rs 34.55 billion, marking a 12 per cent year-on-year increase, while Profit Before Depreciation, Interest and Tax (PBDIT) rose 19 per cent to Rs 3.26 billion. Profit After Tax stood at Rs 1.14 billion, up 13 per cent from the same quarter last year.The company incurred a one-time impact of Rs 360 million due ..
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