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Raymond Realty reported a sharp improvement in operating performance during the second quarter of FY27, with pre-sales nearly doubling year-on-year to ₹902 crore, up 98 per cent from the year-earlier period. Collections also recorded strong growth, rising 67 per cent to ₹682 crore, according to the company’s provisional operational update. The performance came despite the absence of any new project launches during the quarter, with sales driven by the existing Address by GS portfolio and steady price realisation. For the first half of FY27, Raymond Realty’s pre-sales climbed 111 per cent year-on-year to ₹1,602 crore, compared with ₹760 crore in…

Tata Trusts, which hold a 66 per cent stake in Tata Sons Private Limited (TSPL), have proposed a strategic reorganisation of the company through the merger of Tata Electronics Systems Solutions Private Limited (TESS) and Tata Consulting Engineers (TCE) with TSPL. According to the proposal, the reorganisation would result in the combined entity no longer being classified as a Non-Banking Financial Company (NBFC) or a Core Investment Company (CIC), while retaining the Tata Group’s existing operating structure. As of March 31, 2026, the proposed amalgamated entity would have operating revenues of Rs 1,05,043crore, compared with Rs 40,072 crore in income…

ICICI Prudential Life Insurance paid an average individual death claim of Rs 15 lakh in FY2026, continuing to lead the industry for the second consecutive year and providing financial support to families during difficult times. According to publicly available industry data, the company’s average individual death claim increased from around Rs 10 lakh in FY2021 to Rs 15 lakh in FY2026, remaining within the Rs 14-15 lakh range over the past four years. The trend highlights the importance of reviewing life insurance coverage as household incomes, loans and family responsibilities change. The insurer settled death claims worth Rs 5,149 crore…

West Bengal’s growing burden of diabetes and associated metabolic disorders is creating a stronger need for early screening, preventive healthcare and long-term risk management, doctors said, citing data from the ICMR-INDIAB study. The study found diabetes prevalence at 13.7% in the state, while 23.5% of the population was classified as prediabetic. Hypertension affected 42.4% and high cholesterol 27%. The trend is also reflected in Kolkata, where a community-based study of 388 adults aged 18-49 years found metabolic syndrome in 44.6% of participants. Central obesity was recorded in 68.6%, while elevated fasting glucose, raised blood pressure and reduced HDL cholesterol affected…

Amazon has expanded its ultra-fast delivery service, Amazon Now, to 19 locations across West Bengal as part of a nationwide rollout covering more than 120 cities, doubling its footprint in just two weeks. The expansion includes Kolkata, Asansol, Durgapur, Murshidabad, Krishnanagar, Basirhat, Katwa, Chittaranjan, Habra, Bangaon, Domkal, Ranaghat, Jangipur, Bolpur, Kharagpur, Rampurhat, Burdwan, Midnapore and Nadia. The service offers tens of thousands of daily essentials, including groceries, fruits and vegetables, frozen food, personal care products, fashion, beauty items, small appliances and home and kitchen products. Orders are fulfilled through nearly 800 micro-fulfilment and urban fulfilmentcentres across the country. “We are…