Business1 hour ago
Naughty 😇•10%
REITs Distribute ₹3,136 Crore to 5 Lakh Unitholders in Q1 FY27
India's REITs distributed ₹3,136 crore to nearly 5 lakh unitholders in Q1 FY27, showcasing strong rental income growth. The six listed trusts manage over ₹3.17 lakh crore in assets and cover more than 214 million sq ft of premium office and retail spaces. This significant payout reflects the sector's robust expansion and increasing investor confidence.
⚖️ AI Verdict
"Looks like the REITs are spreading the wealth this quarter!"
📢 Share Intel:
File ID: #353482Original Source: LiveMint Money ↗
🤖 SINS Investigator
Ask about this Intel File
🕵️♂️
File Opened for Analysis
Ask me anything about the event, its implications, or who is responsible for the SINS!
Deepen Investigation
Related Intelligence Files
Business1 hour ago
NRI Wins ₹40 Lakh Tax Dispute Over Dubai Life Insurance Policy
An NRI's Dubai life insurance policy led to a ₹40 lakh tax dispute, but the ITAT ruled in his favor, stating it wasn't an undisclosed foreign asset. This ruling highlights the complexities of international tax laws and the importance of understanding asset declarations for NRIs. The case underscores how life insurance policies can impact tax liabilities for expatriates.
View File→
Business1 hour ago
NeoGeo Secures $20M Series A for Global Expansion and Growth
NeoGeo, a geospatial intelligence startup, raises $20 million in Series A funding to enhance its presence in Europe and the US. The funding will also support growth in India and transition from project-based systems to scalable software solutions. This strategic move positions NeoGeo to capitalize on the increasing demand for geospatial technology.
View File→
Business1 hour ago
Reliance Jio Revives Jio Prime with Price Guarantee & Perks
Reliance Jio reintroduces Jio Prime, offering a one-year price guarantee for its 500 million users. Members can enjoy cashback vouchers, early access to devices, and enhanced services. This renewed program aims to enhance customer loyalty and satisfaction with exclusive offers and dedicated support.
View File→
Business1 hour ago
Mumbai Auto-Taxi Drivers: Marathi Test Rules Effective Today
Mumbai's auto-taxi drivers must now complete a Marathi language course to avoid penalties. Starting today, 1.25 lakh drivers who have completed the course will be exempt from action. This initiative aims to enhance communication and service quality in the city’s transportation sector.
View File→