News for DLF Limited (DLF.NS)

Panasonic is reportedly in advanced talks to acquire a controlling stake in Focus Lighting and Fixtures, marking its second major acquisition in the Indian electricals market in nearly 20 years. The deal could enhance Panasonic's presence in the B2B lighting sector.

Panasonic may acquire a controlling stake in Focus Lighting and Fixtures. This would be Panasonic's second electricals acquisition in India. The deal involves buying the Sheth family's shares and a public offer. Negotiations are advanced, but due diligence has revealed issues. The acquisition could cost Panasonic ₹526 crore.

Bombay Dyeing, a textile giant for 150 years, is pivoting to real estate under Jehangir 'Jeh' Wadia's leadership, focusing on its valuable land bank. This strategic shift aims to capitalize on India's booming real estate market, with luxury housing and office leasing driving growth. Wadia plans to unify real estate ventures under Bombay Realty, emphasizing data-driven decisions and shareholder value.

The Nifty Realty index closed 0.12 per cent down at 999.9.

The Nifty Realty index was trading 0.11 per cent down at 999.95.

The Nifty Realty index was trading 0.27 per cent up at 986.65.

The Nifty Realty index was trading 1.15 per cent up at 987.45.

The Nifty Realty index was trading 0.59 per cent up at 968.55.

The Nifty Realty index closed 1.21 per cent down at 962.9.

The Nifty Realty index was trading 0.43 per cent down at 970.55.

The Nifty Realty index closed 1.49 per cent down at 967.75.

The Nifty Realty index closed 0.99 per cent up at 982.35.

The Nifty Realty index was trading 0.49 per cent down at 968.0.

The Nifty Realty index closed 0.08 per cent up at 972.75.

The Nifty Realty index was trading 0.32 per cent up at 975.1.

The Nifty Realty index was trading 1.01 per cent up at 972.85.

The Nifty Realty index was trading 0.06 per cent up at 970.65.

The Nifty Realty index was trading 0.68 per cent down at 977.55.

The Nifty Realty index closed 0.74 per cent down at 986.55.