India’s gems and jewellery exports grew by 9.18% to $2,998.04 million (₹25,194.41 crore) in October due to revival in demand for cut and polished diamond, the Gem and Jewellery Export Promotion Council (GJEPC) said. The overall exports stood at $2,746.09 million (₹22,857.16 crore) during the corresponding period of previous year, GJEPC said in a statement.
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Zee Entertainment Enterprises' shares surged 6.5% after Managing Director Punit Goenka resigned to focus on operational responsibilities, retaining his board position. Mukund Galgali, CFO, has been named Deputy CEO. Goenka's expertise is expected to deliver immense value to the company and stakeholders in his new role.
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Publicly-listed REITs have distributed a total of Rs 2,754 crore to their unitholders during the first half of the current fiscal, which was higher by 14% compared to a year ago, according to data from the Indian REITs Association (IRA). The four publicly-listed REITs are: 📌Brookfield India Real Estate Trust, 📌Embassy Office Parks REIT, 📌Mindspace Business Parks REIT, and 📌Nexus Select Trust.
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