New Delhi, July 1 (IANS) The Ministry of Steel has approved the granting of Miniratna Category-I status to engineering major MECON Limited, as the Central Public Sector Enterprise (PSE) has achieved the required financial milestones which include generating continuous profits in the last three years, according to an official statement issued on Wednesday.The company recorded a profit before tax (PBT) of Rs 77.62 crore in FY 2023-24 (restated), Rs 32.08 crore in FY 2024-25 and Rs 104.53 crore in …
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New Delhi, March 13 (IANS) Domestic-listed Real Estate Investment Trust (REIT) market has expanded more than six-fold since FY20 — a pandemic year — growing from Rs 27,100 crore in 2019-20 to Rs 1.72 lakh crore in the first nine months of FY26, a report said on Friday.As per the CBRE report, the sharp growth comes after the listing of the country’s first REIT in FY20 and has been driven by new listings as well as steady unit price appreciation among existing REITs.From the total listed REITs…