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Hubtown focuses on debt reduction and land monetization. The company aims for zero debt in the coming years. It will leverage prime land holdings, including a 150-acre Thane plot. Hubtown has a 30 million square feet portfolio. Ongoing projects include 25 Downtown and Hubtown Seasons. Upcoming projects include 25 Estates and 25 Vistas. The company recently raised Rs 1,250 crore.
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CSB Bank's stock surged after a meeting with WhiteOak Capital. The bank's shares saw a 7.7% jump. This followed a 9.91% rise over the past month. The bank's net profit grew by 3.9% in the September quarter. Net sales increased by 25.8% during the same period. However, the stock has declined over the longer term.
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European car makers are increasing petrol car prices. They are also discounting electric vehicles. New EU emission rules are forcing this change. Car companies must sell more electric vehicles. They face large fines if they do not meet targets. The industry is worried about lower profits. Some companies are already pooling emissions.
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News and Media
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