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Rajendra Kamalakant Chodankar has become a billionaire after RRP Semiconductors stock skyrocketed over 72,000% in 18 months, hitting 10,887 and valuing the firm above 14,000 crore. Holding 74.5% of the company, Chodankars stake is worth over 11,000 crore yet he is curiously listed as a retail shareholder, not a promoter.
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India's REIT (real estate investment trust) market is projected to reach Rs 19.7 lakh crore by 2030 from Rs 10.4 lakh crore in 2025, driven by high occupancy, favourable taxation and broader sectoral inclusion, according to a report released on Friday.
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News and Media
Bandhan Bank shares dropped nearly 6% after the lender reported an 88% year-on-year fall in Q2FY26 profit to Rs 110 crore. Weak net interest income, lower margins, and rising credit costs weighed on earnings, even as advances and deposits grew. Asset quality slightly deteriorated, with GNPA rising to 5% and NIM slipping to 5.8%.
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News and Media
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