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Lodha Developers reported a 7% rise in sales bookings to Rs 4,570 crore for the second quarter of FY26, driven by improved housing demand. Despite fewer launches, the company is confident in meeting its Rs 21,000 crore annual sales target, with significant new projects planned for the latter half of the fiscal year.
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Mahindra Lifespace Developers will redevelop four housing societies in Malad West, Mumbai. The company anticipates generating Rs 800 crore from the sale of free area. This project adds to Mahindra Lifespace's extensive development portfolio across India. The firm manages significant ongoing and upcoming projects in residential and industrial sectors.
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News and Media
U.S. stocks experienced a sharp decline on Friday after President Trump revived tariff threats against China, canceling a meeting with President Xi Jinping. This move triggered worries of a trade war, impacting markets already at record highs. While some see this as a sign of jitters due to high valuations, others believe AI will remain the primary market driver.
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