Wed, Feb 28, 2024 11:02 AM
Facor Alloys Consolidated December 2023 Net Sales at Rs 7.10 crore!
A Flip by Avya Verma
India's listed Real Estate Investment Trusts (REITs) have disbursed a total of Rs 2,754 crore to their unitholders in the first half of fiscal 2024, reflecting a 14% increase over the previous year's distribution, according to the Indian REITs Association (IRA).The total disbursement for H1 FY24 was split between four major listed REITs.
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Shares of Crompton Greaves Consumer Electrical rose 7 percent after the company reported an increase in its consolidated net profit and revenue for the quarter ended September. At 1.40 PM, shares of Crompton Greaves traded 4 percent higher at Rs 385. The stock has gained 23 percent on a year-to-date basis, outperforming the Nifty 50 which gained 8 percent during the same time frame.
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India’s central bank will launch a pilot programme in 2025 offering local cloud data storage to financial firms at affordable prices, according to two sources aware of the matter, who declined to be identified as conversations are confidential. The Reserve Bank of India’s planned cloud platform will use local IT firms, pitting it against the likes of Amazon Web Services, Microsoft Azure, Google.
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