Indiabulls Limited reported a 46.4 per cent rise in March quarter profitability, supported by strong real estate performance and business restructuring. The company also recorded healthy sales bookings, steady financial services growth and a robust project pipeline with long-term revenue visibility
A growing trend of selling houses and plots through lucky draws in Telangana has taken a darker turn in Khammam. Police arrested Alasyam Vinay Kumar and 13 associates for running an unauthorised lottery scheme, offering a plot as a prize without permission.
Nalgonda police have arrested four agents linked to a Rs 57 crore Ponzi-style scam led by Ramavath Balaji Naik. Over 2,500 tribal wage earners were defrauded through false promises of high returns.
