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  • NHB appoints forensic auditor for SRG Housing Finance October 23, 2026
    The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts worth ₹300–400 crore, repayment record manipulation and possible fund diversion. The investigation will examine loan disbursements, borrower identities, asset classifications and fund usage, with findings potentially shaping regulatory action […]
  • The LaLiT Suri Hospitality Group plans ₹600 crore expansion; to add about 1,000 keys October 23, 2026
    The LaLiT Suri Hospitality Group plans to invest ₹600 crore and add about 1,000 keys to its existing inventory of 2,300 keys, with roughly half of the new capacity coming through owned properties and the balance through management contracts.
  • Shree Cement’s net profit declines 15% to ₹263.46 crore in Q2 FY27 October 23, 2026
    Shree Cement has seen a 15 percent drop in net profit for the second quarter of FY27, even as total income rose by 21.6 percent compared to last year. The company's domestic sales volume grew by 18 percent year-on-year, and its ready-mix concrete division significantly boosted sales volume and revenue. Despite facing obstacles, Shree Cement […]
  • Godrej Properties’ net profit declines 64% to ₹145.47 crore in Q2 FY27 October 23, 2026
    In Q2 FY27, Godrej Properties faced a significant decline in net profit after tax, dropping 63.9 percent. Despite this setback, the company saw a total income increase of 31.9 percent, totaling ₹2,571.73 crore. The booking value for the quarter soared to ₹8,008 crore from the sale of 3,658 units, while collections rose by 31 percent […]
  • CAQM issues notices to MCG, GMDA chiefs over dust-control failure in Gurugram October 23, 2026
    The Commission for Air Quality Management (CAQM) has formally issued show-cause notices to officials from MCG and GMDA due to serious lapses in pollution control efforts. These notices highlight 258 separate instances of inadequate dust management on various roads throughout Gurgaon, compelling both agencies to explain their failure to comply with earlier directives. As public […]
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