Paytm Bank MD Snags ?20 Crore Duplexes in Mumbai
ECONOMY & POLICY

Paytm Bank MD Snags ?20 Crore Duplexes in Mumbai

In a significant property investment move, the Managing Director of Paytm Payments Bank has purchased two luxurious duplex apartments in Mumbai for a total of INR 20 crore. This substantial acquisition highlights the growing trend of prominent individuals investing in prime real estate in Mumbai. The duplexes, located in a coveted area of Mumbai, offer opulent living spaces and stunning city views. This transaction not only showcases the MD's confidence in the city's real estate market but also underscores the allure of Mumbai's property landscape for high-profile buyers. This high-value property acquisition underscores the thriving luxury real estate sector in Mumbai, attracting notable personalities looking for exceptional homes in the city.

In a significant property investment move, the Managing Director of Paytm Payments Bank has purchased two luxurious duplex apartments in Mumbai for a total of INR 20 crore. This substantial acquisition highlights the growing trend of prominent individuals investing in prime real estate in Mumbai. The duplexes, located in a coveted area of Mumbai, offer opulent living spaces and stunning city views. This transaction not only showcases the MD's confidence in the city's real estate market but also underscores the allure of Mumbai's property landscape for high-profile buyers. This high-value property acquisition underscores the thriving luxury real estate sector in Mumbai, attracting notable personalities looking for exceptional homes in the city.

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Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

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Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

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Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

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