CMS Info Systems Reports Strong Q4 Revenue Growth at 6%
Mumbai-based CMS Info Systems Limited, a leading Indian business services firm, reported strong financial results for the quarter and year ended 31 March 2025. The company, which provides logistics and technology solutions to banks, retailers, and e-commerce firms, achieved a 6.5 per cent quarter-on-quarter revenue growth in Q4 FY25 to Rs 6,190 million.Key highlights include new order wins worth Rs 5,000 million in Q4, contributing to total annual wins of Rs 12,000 million. Operating cash flow to earnings before interest, tax, depreciation and amortisation (EBITDA) stood at 76 per cent, with c..
Kolkata’s luxury housing market sees price growth amid mixed trends
A new study by Nklusive reveals that Kolkata’s luxury residential market (Rs 5–10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment’s supply. The average price rose by 6 per cent—from Rs 17,519 to Rs 18,600 per sq ft—while unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..
New Expressway to Cut Pune-Bengaluru Travel Time by Half
The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka’s Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..
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