niftify.in

Business Standard

Opportunities emerging for India's gems & jewellery in Middle East: GJEPC

The Middle East sees emerging opportunities for Indian jewellery exporters with countries like Saudi Arabia and Kuwait showing rising demand for studded gold jewellery, according to the Gem & Jewellery Export Promotion Council (GJEPC). The recent data has revealed a positive trend showcasing substantial growth in regions beyond the traditional strongholds for India's gems and jewellery, like the US and China, GJEPC has claimed. In a statement released here on Tuesday, GJEPC said there are emerging opportunities in the Middle East, with countries like Saudi Arabia (+26.05 per cent) and Kuwait (+87.99 per cent) showing a rising demand for studded gold jewellery. "Saudi Arabia, Kuwait, Bahrain, and Malaysia, in particular, have witnessed increasing exports due to the growing number of buyers from these countries attending the three India International Jewellery Show (IIJS) events -- Premiere, Signature and Tritiya -- in recent times. "The product profile of Indian jewellery is ...

Business Standard

Blackstone real estate's Bill Stein retiring after almost 30 years

Stein, a senior managing director, was involved in signature Blackstone holdings including Hilton Worldwide, casino resort Cosmopolitan of Las Vegas and single-family home landlord Invitation Homes

Business Line

Signature Global to deliver 16 msf houses over next two years

The real estate developer is targeting collections of ₹3800 crore in the current fiscal year

The Economic Times

Can Apple's iPhones pass the AI test?

For the first time in more than a decade, the tech giant will unveil a suite of iPhones whose signature feature won't be an improved camera or an updated design, but new software capabilities.

The Economic Times

Signature invests ₹1,144 Cr for Hsg project in Gurugram

Signature Global has awarded a ₹1,144 crore construction contract to Ahluwalia Contracts for its luxury housing project 'De-luxe DXP' in Gurugram. The project spans 16.65 acres and includes 1,008 units. Signature Global achieved a record pre-sale of over ₹3,600 crore shortly after the project's pre-launch.

Business Standard

Signature Global gives Rs 1,144 cr order for housing project in Gurugram

Realty firm Signature Global has given Rs 1,144 crore construction work order to Ahluwalia Contracts for development of its luxury housing project in Gurugram. The project, 'De-luxe DXP' is located in Sector 37D, Dwarka Expressway, Gurugram. Spread over 16.65 acres, the housing project has 1,008 units. The total developable area is 28.12 lakh square feet, Signature Global said in a statement on Sunday. Lalit Kumar Aggarwal, Vice Chairman of Signature Global (India) Ltd, said the company has started construction work in this project and collaborated with Ahluwalia Contracts to ensure timely delivery of the project with best amenities. Signature Global said it achieved a record pre-sale of over Rs 3,600 crore within a few days of pre-launch of this project. Ahluwalia Contracts aims to complete the project within 5 years. Signature Global has so far delivered 11 million square feet of area across various projects. It has a pipeline of 32.2 million square feet of saleable area in it

The Economic Times

Signature Global awards Rs 1,144 crore construction contract to Ahluwalia Contracts

Signature Global has awarded a Rs 1144 crore construction contract to Ahluwalia Contracts for its premium residential project, De-luxe DXP, in Gurugram. The project achieved a record pre-sale of over Rs 3600 crore. Spread over 16.65 acres, it will feature 1008 units and include amenities like clubhouses, swimming pools, and high-street retail space.

Business Line

Block deals seen in AU Bank, Medi Assist, Signature Global

All the stocks have seen significant appreciation over the last 12-month period

Business Standard

Signature Global shares slip 6.5% after multiple block deals

Signature Global had reported a consolidated net profit of Rs 579.7 crore in Q1FY25, while it had incurred a loss of Rs 7.5 crore in the corresponding quarter, last year.

CNBC TV18

Signature Global shares tank 6.5% after 4.1% equity worth ₹828 crore change hands

Signature Global Share Price | A total of 57.2 lakh shares, or 4.1% of the realty firm's equity, changed hands. The shares, valued at about ₹828.2 crore, were traded at a price of ₹1,449 apiece.

Mint

Signature Global to invest ₹1,500 cr in buying land; plans Noida entry

Real estate firm Signature Global has aggressive growth plans in Delhi-National Capital Region. Along with buying land, it aims to do ₹10,000 crore of pre-sales in 2024-25.

The Economic Times

Contentious California AI bill passes legislature, awaits governor's signature

California lawmakers passed a controversial AI safety bill, SB 1047, requiring safety testing for advanced AI models. Tech companies argue it may hinder innovation, while proponents see it as vital protection. Governor Newsom has until September 30 to sign or veto the bill.

The Economic Times

McDonald’s (North & East) goes premium, to bring in Signature Collection

McDonald's India has launched its global Signature Collection of premium burgers in North and East India. These gourmet burgers start at Rs 225, while entry-level burgers remain at Rs 58. The initiative aims to meet growing consumer demand for premium products amid rising competition from other brands.

Business Standard

Signature Global plans to foray in Delhi, Noida property mkts

Realty firm Signature Global, which has a significant presence in the Gurugram property market, is looking to enter Delhi, Noida and Greater Noida by launching housing projects in these new locations. Gurugram-based Signature Global, which got listed in September last year after raising Rs 730 crore through an Initial Public Offering (IPO), has so far delivered 11 million square feet of area. The company has a pipeline of about 32.2 million square feet of saleable area in the forthcoming projects along with 16.4 million sq ft of ongoing projects. "We are also open to entering new markets within the NCR region,... be it the main Delhi region, or the Noida market. You may not see a launch happening within this financial year but over the next financial year, you will probably see us kind of coming up with a project which is outside of Gurugram," Signature Global Chief Executive Officer (CEO) Rajat Kathuria told investors. According to a transcript of discussion with analysts, the CEO

The Economic Times

Signature Global plans to foray in Delhi, Noida property markets

Signature Global announced plans to expand into Delhi, Noida, and Greater Noida to launch new housing projects. With 32.2 million square feet planned for upcoming projects, the company aimed for a substantial market share. They reported a significant increase in sales bookings and reduced net debt by 16 percent in the June quarter.

The Economic Times

3 sectors that may give you freedom from worries this Independence Day

In a market insight, Siddhartha Khemka highlighted robust domestic liquidity and strong interest in quality IPOs. He noted pharma, FMCG, and automotive as promising sectors. Khemka also pointed out Gravita India and Signature Global for their growth potential. Additionally, he expressed optimism for new-age tech stocks like Zomato and Policybazaar.

Business Line

Broker’s call: Signature Global (Buy)

Motilal Oswal

Business Standard

Signature Global cuts net debt by 16% in June quarter on strong sales

Realty firm Signature Global's net debt has come down by 16 per cent in June quarter to Rs 980 crore on better cash flows amid strong sales in its housing projects. In its latest investor presentation for the June quarter, the company informed that its net debt stood at Rs 980 crore as on June 30, 2024, as against Rs 1,160 crore at the end of the last financial year. "The company aims to keep net debt below 0.5 times of the projected operating surplus for the ongoing financial year, as a long term discipline," the presentation said. Earlier this week, Signature Global reported a consolidated net profit of Rs 6.76 crore for the quarter ended June on higher income. The company had posted a net loss of Rs 7.22 crore in the year-ago period. Total income rose to Rs 427.98 crore in April-June of 2024-25 fiscal from Rs 178.90 crore in the corresponding period of the previous year. Pradeep Kumar Aggarwal, Chairman and WholeTime Director, highlighted that, "In the first quarter itself, we

The Economic Times

Signature Global to launch housing projects worth Rs 13,000 cr by March next year: CMD Pradeep Aggarwal

Realty firm Signature Global plans to launch multiple housing projects worth Rs 13,000 crore by March next year to meet strong demand. The Gurugram-based developer aims to invest Rs 2,500 crore in construction activities this fiscal year and achieve sales bookings of Rs 10,000 crore for 2024-25. With a focus on timely project delivery, the company is also eyeing expansion into Noida and Delhi markets in the coming years.

The Economic Times

After world domination, a smooth shift: Long single, rare malt finds love back home

Indian single malts like The Godawan 100 and Rampur Signature Reserve are gaining popularity domestically and internationally among affluent buyers. New editions and high-profile endorsements drive this trend, with figures like Vikram Damodaran and Siddhartha Sharma emphasizing demand. High net-worth individuals contribute to rising prices, with some whiskies doubling in value.

The Economic Times

Signature Global reports Rs 2,700 crore sale from Gurgaon project

Realty developer Signature Global has reported Rs 2,700 crore in sales from its Titanium SPR project in Sector 71, Gurugram. The property offers premium residential units and have garnered overwhelming interest, showcasing the company's commitment to quality and setting a new benchmark in the region's premium housing segment. The project, spanning 14.382 acres, has achieved remarkable sales through a digital process overseen by the Boston Consulting Group.