Lodha Developers Acquires 12 New Land Parcels in FY26; Pre-Sales Surge to ₹20,530 Crore

Lodha Developers, a leading name in the Indian housing market, released its latest operational update on Tuesday, outlining a robust roadmap for the coming years. As of April 1, 2026, the company holds a Gross Development Value (GDV) of ₹2 trillion available for sale. This massive pipeline excludes township land banks not slated for development…

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AI Infrastructure Startup Nava Secures $22 Million in Series A Funding

Nava, a fast‑growing AI infrastructure startup, today announced that it has successfully raised $22 million in its Series A funding round. The investment marks a significant milestone in the company’s mission to build scalable, reliable infrastructure solutions that power next‑generation artificial intelligence applications. The round was led by prominent venture capital firms, with participation from…

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TRAI Crackdown: Reliance Jio Ordered to End ‘Discriminatory’ Tariffs by April 14

The Telecom Regulatory Authority of India (TRAI) has issued a stern directive to Reliance Jio, the nation’s largest telecommunications provider, to discontinue tariff practices deemed “discriminatory” and in violation of transparency norms. The regulator has established a strict deadline of April 14 for the telco to adhere to its orders, which are intended to create…

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Jio-Allianz Partnership Hits First Milestone with Launch of Strategic Reinsurance Venture

In a move set to reshape the Indian financial landscape, Jio Financial Services Limited (JFSL) and the Munich-based Allianz Group have officially announced the commencement of their joint venture, Allianz Jio Reinsurance Limited. The venture received final regulatory approval from the Insurance Regulatory and Development Authority of India (Irdai) on March 12, 2026, and is…

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Flipkart Sees CFO Transition, Strengthens Leadership with Verman’s Return

India’s leading e-commerce platform Flipkart has announced a key leadership transition, with Group Chief Financial Officer Sriram Venkataraman stepping down from his role.According to a company statement, Venkataraman will remain with the organization for a transitional period to ensure continuity and a smooth handover of responsibilities. During this interim phase, Ravi Iyer will oversee the…

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₹1,350 Cr Housing Project Planned as Godrej Buys Land in Whitefield

Godrej Properties Limited has acquired a 20-acre land parcel in Whitefield, marking a significant expansion in one of India’s fastest-growing real estate markets. The company plans to develop a premium residential project on the site, with an estimated revenue potential of around ₹1,350 crore.The project is strategically located near NH-648 in East Bengaluru, a region…

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Bajaj General Insurance launches ‘Eco Assure’ to cut repair costs for commercial vehicles

Bajaj General Insurance Limited on Tuesday announced the launch of ‘Eco Assure’ for commercial vehicles, a new add-on cover aimed at helping vehicle owners manage rising repair costs while ensuring minimal operational disruption. The insurer said commercial vehicles are central to India’s logistics and mobility ecosystem, but increasing maintenance expenses often burden operators. Eco Assure…

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NSE Completes Selection of Merchant Bankers, Law Firms for Proposed IPO

National Stock Exchange of India Limited (NSE) on Friday announced that it has completed the process of selecting merchant bankers, legal advisors and other intermediaries for its proposed Initial Public Offering (IPO), marking a significant step toward taking the exchange public.According to an official statement, the selection process was conducted through a structured and transparent…

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UBS downgrades IOC, BPCL, HPCL as crude oil surge past $100, raising margin concerns

Global brokerage UBS has downgraded shares of India’s major oil marketing companies (OMCs) after global crude oil prices surged past $100 per barrel amid escalating tensions in West Asia.The brokerage downgraded Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL) to a “neutral” rating, while Hindustan Petroleum Corporation Limited (HPCL) was downgraded to “sell.”According…

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