Godrej Properties is riding high on a record sales performance, reporting a 31% increase in sales bookings for the fiscal year 2024-25. With a robust pipeline of projects and strong demand for housing, the company has set an ambitious target of Rs 32,500 crore in pre-sales for 2025-26, reflecting a 10% increase. Despite a slight decline in quarterly profit, the company’s growth prospects remain strong, fueled by expanding its portfolio of under-construction and upcoming housing projects.

Hyderabad-based Goldsikka is making waves in the financial and tech sectors with the introduction of its AI-powered Gold Melting ATM. This cutting-edge machine allows users to buy, sell, exchange, and digitize gold and gold jewelry without human intervention. The ATM, which integrates augmented reality (AR), provides a seamless, secure, and innovative experience for gold transactions. With the potential to revolutionize the industry, Goldsikka plans to expand its reach significantly, with ambitious goals for nationwide and international deployment.

Kotak Mahindra Bank's financial results for the fourth quarter of FY25 reveal a mixed performance, with a notable decline in profit driven by higher provisions for potential bad loans. Despite strong growth in both loans and deposits, the bank saw a 14% drop in standalone net profit, amounting to ₹3,552 crore. The increase in provisions for bad loans, which more than tripled compared to the previous quarter, played a significant role in this downturn. However, the bank demonstrated resilience, with a slight improvement in asset quality and a solid capital position.

JioStar, a prominent player in India’s digital streaming market, has committed to investing USD 10 billion (approximately Rs. 83,000 crore) in content creation over a three-year period, signaling a strategic push to dominate the country’s growing entertainment economy. The platform’s aggressive investment is aimed at developing tailored, localized content for India’s diverse audience while deepening its distribution network.

India’s largest private steel producer, JSW Steel, finds itself navigating turbulent waters following a Supreme Court verdict that nullified its Rs. 20,000 crore acquisition of Bhushan Power and Steel Ltd (BPSL). The ruling, which deemed the resolution process a “flagrant violation” of the Insolvency and Bankruptcy Code (IBC), could jeopardize JSW’s near-term revenue projections, dent its production capabilities, and force a reevaluation of its capital expenditure strategy. Analysts caution that the loss of BPSL, which contributed nearly 10% to JSW’s domestic output and Rs.

In a major push toward infrastructure-led urban development, the Uttar Pradesh government has announced the phased launch of new housing projects across 12 districts including Lucknow, Agra, Kanpur, and Jhansi between June and December 2025. The initiative is part of the "Mukhyamantri Urban Expansion/New City Promotion Scheme." During a high-level review meeting, Chief Minister Yogi Adityanath directed strict adherence to timelines, emphasized integration of GIS-based planning, and accelerated approvals for pending construction maps.

In an effort to improve agricultural productivity and modernize farming techniques, India’s Union Agriculture Minister, Shivraj Singh Chouhan, announced a nationwide awareness campaign set to launch on May 29. The initiative, named 'Viksit Krishi Sankalp Abhiyan,' aims to reach 1 to 1.5 crore farmers across the country. With a focus on disseminating information about new technologies, seed varieties, and government programs, the campaign will be carried out over a 15-day period.

SriLankan Airlines has temporarily suspended its flights to Lahore, citing the ongoing military tensions in the Kashmir region. The national carrier operates four weekly flights to Lahore, all of which have been canceled until further notice. While the Lahore route is on hold, services to Karachi will continue as scheduled. This decision follows the closure of Pakistan's airspace over Lahore and Islamabad airports in response to heightened military activity, including India's Operation Sindoor.

A helicopter crash in Uttarakhand's Gangnani area has resulted in the deaths of five people and injuries to two others. The Aircraft Accident Investigation Bureau (AAIB) has initiated an investigation into the cause of the crash. The incident, which occurred on the Rishikesh-Gangotri National Highway, involved a helicopter operated by private company AeroTrans Services Pvt Ltd. Seven people were aboard the flight, including the pilot. The AAIB's investigation aims to uncover the factors behind the crash, adding to the ongoing scrutiny of air travel safety in the region.

Indian Bank, a leading public sector lender, reported a strong 32% year-on-year rise in net profit for the fourth quarter of FY2024–25, reaching Rs. 2,956 crore. The stellar performance was driven by improved interest income, tighter control over bad loans, and a surge in the bank’s core operational earnings. Asset quality metrics showed notable improvement, with gross NPAs and net NPAs declining sharply. For the full year, profit soared by 35% to Rs. 10,918 crore. With capital adequacy strengthening and profitability metrics peaking, the bank’s board has proposed a Rs.