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Prestige Estates’ stellar H1 renders pre-sales goal modest

Mint Kolkata

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October 14, 2025

Naturally, Prestige’s Q2FY26 pre-sales have dropped sequentially, given that Q1 bookings were impressive. But investors can hardly complain as H1FY26 pre-sales have already surpassed those of FY25

- harshaj@htlive.com

Prestige Estates Projects Ltd clocked pre-sales or bookings of ₹6,017 crore in Q2FY26, up 50% year-on-year (yo-y), aided by the launch of four projects.

These were: a new phase in The Prestige City Indirapuram located in National Capital Region and three plotted development projects with gross development value or revenue potential of ₹3,970 crore. Plotted developments are projects where developers divide big land pieces into smaller plots and sell them.

Mint Kolkata'den DAHA FAZLA HİKAYE

Mint Kolkata

Climate change has turned water into a business risk

Businesses in India have typically treated water as a steady input—not perfect, but reliable enough. Climate change is unravelling that assumption. Variable rainfall, falling groundwater tables, depleting aquifers and intensifying floods are reshaping how firms source this most basic of industrial inputs. Water has quietly become a new frontier of business risk.

time to read

3 mins

October 14, 2025

Mint Kolkata

As Russian aggression turns West, Poland says it's ready

Warsaw has doubled the size of its military since 2014 and boosted military spending to nearly 5% as Russia grows more assertive

time to read

5 mins

October 14, 2025

Mint Kolkata

Mint Kolkata

Scimplify to tap $100 mn for overseas push

Specialty chemicals startup Scimplify is in advanced talks to raise $70-100 million in a Series C round from a mix of new and existing investors, including early-stage venture capital firm Accel, according to two people familiar with the matter.

time to read

1 mins

October 14, 2025

Mint Kolkata

Mint Kolkata

Open AI in 10GW Broadcom pact for chips, networking

OpenAI signed a multiyear agreement with Broadcom Inc. to collaborate on custom chips and networking equipment, marking the latest step in the AI startup's ambitious plan to add computing infrastructure. Broadcom shares jumped.

time to read

1 mins

October 14, 2025

Mint Kolkata

Ranjan Pai’s firm buys upmarket property

Esencia Partners, a firm in which Manipal Hospitals head Ranjan Pai is a managing partner, has bought a property in Bengaluru’s prime Lavelle Road, an upmarket residential and commercial street, for ₹165.6 crore.

time to read

1 min

October 14, 2025

Mint Kolkata

Emirates NBD eyes RBL Bank majority

If deal closes, the Dubai govt entity may hold 51% in the lender

time to read

1 min

October 14, 2025

Mint Kolkata

Pine Labs readies early November IPO launch

Fintech received Sebi nod in September; was last valued at $5 bn in 2022

time to read

2 mins

October 14, 2025

Mint Kolkata

Gold futures hit record ₹1.23L/10g

Gold prices on Monday surged by ₹2,613 to hit a fresh peak of ₹1,23,977 per 10g in the domestic futures trade, buoyed by renewed US-China trade tensions, a prolonged US government shutdown, and growing global economic uncertainty that spurred safe-haven demand.

time to read

1 min

October 14, 2025

Mint Kolkata

Tata AutoComp eyes rly avenues

Auto components maker Tata AutoComp Systems Ltd is seeking to tap opportunities emerging from the modernization of Indian Railways, identifying it as a key focus area beyond its core automotive components business, its vice-chairman Arvind Goel said on Monday.

time to read

1 min

October 14, 2025

Mint Kolkata

Mint Kolkata

HCLTech has best Q2 growth in 5 yrs, reports AI revenue

Defying market uncertainties, HCL Technologies Ltd recorded its strongest second-quarter performance in July-September 2025 in five years. The Noida-headquartered company also became the first of India's Big Five IT firms to spell out revenue from artificial intelligence (AI).

time to read

1 min

October 14, 2025

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