Sunday, September 20
Realty firm Kalpataru Ltd has clocked a 41% growth in its pre-sales to Rs 4,531 crore in the last fiscal, driven by higher demand for residential properties.Kalpataru Ltd, one of the leading real estate developers in the country, has recently been listed on the stock exchanges."For the full FY25, pre-sales were at Rs 4,531 crore, up 41 per cent YoY (year-on-year)," Kalpataru Ltd said in a presentation to analysts and investors.In 2023-24, the Mumbai-based company sold properties worth Rs 3,202 crore.In the last fiscal, the company launched 7 new projects, totalling 6.5 million square feet of saleable area.Last fiscal, Kalpataru Ltd signed development agreements (DA) for two new society redevelopment projects with an estimated GDV (gross development value) of Rs 2,100 crore.During the entir
Public sector Indian Overseas Bank was confident of maintaining its over Rs 1,000 crore net profit in the coming quarters.The city-headquartered bank had registered its first ever highest net profit of Rs 1,051 crore in the January-March 2025 quarter."Exactly. One hundred per cent sure. We are very confident of maintaining this and growing it from here. If you see our net profits figure over the last two years, quarter on quarter, it is increasing. The graph has been very consistent," the bank's Managing Director and CEO Ajay Kumar Srivastava said.He was responding to a query from PTI on whether the bank was confident of maintaining the growth in the net profit during this financial year.He said, "in the fourth quarter of the last financial year (January-March 2025), the bank reported its
An earthquake of magnitude 3.7 struck Tibet on the morning of Sunday, as reported by the National Center for Seismology (NCS). As per the NCS, the earthquake occurred at a depth of 10 kilometres on latitude 28.70 N and 87.54 E at 10:44 AM Indian Standard Time (IST). NCS wrote on X, "EQ of M: 3.7, On: 20/07/2025 10:44:41 IST, Lat: 28.70 N, Long: 87.54 E, Depth: 10 Km, Location: Tibet."— NCS_Earthquake (@NCS_Earthquake) No casualties have been reported so far. On Saturday, an earthquake of magnitude 3.6 jolted Tibet. On Friday, another earthquake of 3.4 magnitude on the Richter Scale occurred in the region at a depth of 10km.Both were reported by the NCS. Shallow earthquakes like this one are more dangerous than deeper ones due to their greater energy release closer to the Earth's
