Phoenix Mills Share Price: Live NSE/BSE Phoenix Mills Stock Price, Share Price, Phoenix Mills Results, Returns, Charts, News & More

Phoenix Mills Ltd.

Phoenix Mills Share Price

Phoenix Mills Ltd is India’s leading developer/operator of ‘Iconic Large Format Retail-Led Mixed Use Developments’ in city centric location. The company operations generally span most aspects of real estate development, from the planning, execution and marketing of projects, through to the management and operation of the completed development.

Phoenix Mills Share Price Ltd was incorporated in the year 1905. The company began their operations as a textile manufacturing company on 17.3 acres of land at Lower Parel in Mumbai. In the year 1959, the company was listed in the Bombay Stock Exchange.

In the year 1987, the company entered into the growing real estate market where High Street Phoenix emerged as the most frequented destination in Mumbai. In the year 1992, the first multi-storied Phoenix residential towers were built on the Phoenix Mills Land. They introduced India’s first Hyper market concept ‘Big Bazaar’ at High Street Phoenix in the year 2001.

During the year 2000-01, the company through their subsidiary company, Bellona Finvest Ltd entered into joint venture with the Chatterjee Management group of companies and formed Galaxy Entertainment Corporation Ltd to take advantage of the growing opportunities in the entertainment segment.

During the year 2003-04, the company formed a wholly owned subsidiary, namely CR Retail Malls (India) Pvt Ltd. In August 2004, they formed another wholly owned subsidiary, namely Silly Point restaurants Pvt Ltd.

During the year 2006-07, the company as a group focused on mega retail malls, entertainment complexes, commercial space and hospitality units, with plans to foray into developing real estate in eight cities admeasuring a total area of 21.4 million sq ft. Ashok Ruia Enterprises Pvt Ltd, a promoter group company was amalgamated with the company. Ashok Ruia Enterprises Pvt Ltd holds interest in innovative ‘Market City’ projects in Mumbai (Kurla), Bangalore, Chennai, Pune and Raipur, which represents 13.47 million square feet of Developable Area.

During the year 2007-08, the company acquired a 25 acre plot in Rajaji Nagar in Bangalore for around Rs 320 crore from beleaguered engineering firm GKW Ltd. This was done through investments in Palladium Construction Pvt Ltd, a wholly owned subsidiary and Platinum Hospitality Services Pvt Ltd, a group company. Ruia Real Estate Development Company Pvt Ltd was merged with the company with effect from November 1, 2007.

In December 2008, the company acquired an approximate 39% stake in Big Apple Real Estate Pvt Ltd (Big Apple), the owners of the United Malls brand in Uttar PradeshBig Apple together with Phoenix Mills will develop malls by the brand name ‘Phoenix United’ across north India, particularly in the state of Uttar Pradesh, covering cities including Lucknow, Agra, Varanasi and Bareilly.

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FIR against viral song starring Priya Varrier for hurting Muslim sentiments

With her expressions, Priya Prakash Varrier stole the hearts of her social media followers as the song from Omar Lulu’s Malayali film Oru Adaar Love went viral


The makers of Malayali movie Oru Adaar Love have been booked by Hyderabad police for objectionable references to the love story between Prophet Mohammed and his wife.

The first song of ‘Oru Adaar Love’ became viral on social media within few hours of its release because of Malayalam actor Priya Prakash Varrier’s cute articulations and wink.

The upcoming movie, written and directed by Omar Lulu, tells the story of plus two (12th) students and has newcomers in the cast.

With her expressions, Priya Prakash Varrier stole the hearts of her social media followers as the song went viral.

An overwhelmed Priya said “I do not know how to react. I did what I was asked to do and never expected it to be such a hit.”

“Thank you for all the love,” Priya, who idolises Nayaantara, tweeted.

The song ‘Mankiya Malaraya Povi’, composed by Shaan Rehman and sung by Vineet Srinivasan, has got 68,81,349 views by 7.50 pm tonight.

Priya Prakash Varrier’s instant stardom — thanks to her wink and mischievous smile in a 28-second film clip — has left even her college principal eager to meet her.

Marriette A Therattil, Principal of the prestigious Vimala College here, is a senior nun attached to the Syro-Malabar Catholic Archdiocese of Thrissur.

Therattil told IANS that she learnt lately about how her 18-year-old student has became a “national trend” on social media.

Click Here To Read More : Priya Prakash Varrier

Moto Z2 Force with shatterproof display launching today: Watch it live here

The key feature of the smartphone is its shatterproof display, which, the company claims, has better resistance than conventional glass-based screens

Moto Z2 Force

Lenovo-backed smartphone manufacturer Motorola is set to launch the Z2 Force flagship smartphone with ‘shatterproof’ display at 12 noon on Thursday (February 15). The Motorola Z2 Force was first unveiled in July 2017, along with Moto Mods that the phone supports.

The key feature of the smartphone is its shatterproof display which, the company claims, has better resistance than conventional glass-based screens. The phone sports a 5.5-inch Quad HD screen of plastic-OLED breed. The screen uses a plastic layer for shatterproof properties.

In terms of specifications, the phone is powered by Qualcomm Snapdragon 835 processor.

As for the RAM and storage, the Z2 Force has 4GB/6GB RAM and 64GB internal storage, expandable via microSD card slot. Imaging is handled by a dual-camera system, utilising two 12-megapixel cameras on the back. For selfies, there is a 5MP camera on the front.

The Motorola Z2 Force runs on Android Nougat 7.1.1 out of the box with support for Android Oreo scheduled some time soon. The phone relies on USB type-C for data transfer, charging and audio output. The phone is powered by a 2,730 mAh battery that can further be expanded using Moto TurboPower Mod, which might come bundled with the smartphone in India.

The launch of the Motorola Z2 Force is scheduled to go live on YouTube. you can watch it here:

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This Valentine’s Day, plenty of heartache for India’s rose cultivators

Rose growers in South India, mainly Hosur, have for many years spread the scent of love on Valentine’s Day around the world. But the world seems to have jilted them for other options this time


Love may be in the air for the rest of the world as it celebrates Valentine’s Day on February 14. But for rose growers in Tamil Nadu, particularly those in Hosur, this Valentine season has been anything but rosy. The reason: People around the world seem to be jilting them and showering more love on their Kenyan counterparts.

While Indian growers have seen their rose exports declining drastically amid stiff competition from Kenya, market prices in the existing markets have also fallen. And, these are happening at a time when the cultivation cost is rising, too.

Earlier, Valentine’s Day on February 14 alone contributed 25-40 per cent of flower growers’ annual revenue. But not this time.

Unlike 2017, which was drought year, flowers this year have been of a good quality, given good rains and climatic conditions. However, the different export markets this time have been affected by disparate reasons, say the growers in Hosur.

Hosur and Bengaluru are hubs for flower cultivation in South India, while Pune and parts of Gujarat account for the bulk of cultivation in the northern parts.

Of the country’s flower production, 25-35 per cent is accounted for by Hosur alone. In terms of production in South India, the town has a share of 75 per cent, according to Najeeb Ahmed, managing director of Tanflora Infrastructure Park, one of the largest exporters.

A joint venture between Tamil Nadu Industrial Development Corporation (TIDCO) and MNA & Associates, Tanflora has a capacity of producing 67.5 million of roses every year.

The reasons for heartache

Some countries like Australia have lately tightened their regulations to allow the import of only fumigated flowers, for which Indian cultivators lack large-scale capabilities. The exports to other strong markets like Singapore and Malaysia are also impacted this year, as the Chinese New Year falls on February 16. “The Chinese diaspora, which are a large part of the population in these countries, would be travelling to China. So, the demand for imported rose from them will get capped,” said Bala Siva Prasad, president of the Hosur Small Farmers’ Association.

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Xiaomi to launch Flipkart-exclusive Redmi phone on Feb 14; details here

The upcoming smartphones are expected to be either the Redmi 5 or Redmi 5 Plus, or just the Redmi 5 Plus but renamed as the Redmi Note 5 for the Indian smartphone market


Xiaomi is gearing up to launch the next iteration of Redmi smartphones in India on February 14. The upcoming smartphones are expected to be either the Redmi 5 or Redmi 5 Plus, launched in China last year, or just the Redmi 5 Plus but renamed as the Redmi Note 5 for the Indian smartphone market.

As for the key feature of the smartphones, the Redmi 5 and Redmi 5 Plus sport a futuristic 18:9 ultra-wide screen aspect ratio. The budget smartphones have a metal unibody design and boots Android Nougat-based MIUI 9 operating system out of the box.

In terms of specifications, the Redmi 5 has a 5.7-inch screen of HD+ resolution. The device sports an 18:9 aspect ratio screen, which reduces the bezel size and accommodates larger display in a compact body, with the fingerprint scanner housed at the back. The phone is powered by Snapdragon 450 SoC, an octa-core processor built on the 14nm FinFET technology.

In terms of imaging, the Redmi 5 has a 12-megapixel sensor on the back with a 1.25 micron pixels and a 5MP front-facing camera for selfies.

The phone houses a 3,300mAh battery, which the company claims offers 12 days of standby time.

On the other hand, the Redmi 5 Plus sports a 5.99-inch FullHD+ display in 18:9 aspect ratio. It is powered by Qualcomm Snapdragon 625 SoC, which is coupled with Adreno 506 GPU. The Redmi 5 Plus houses a 5 MP shooter on the front assisted with LED flash and a 12MP sensor with LED flash on the back. The phone houses a 4,000 mAh battery that the company claims to offer up to 17 days of standby time.

In terms of pricing, the Redmi 5 costs CNY 799 in China for the base variant that translates to approximately Rs 7,500 in Indian currency. The Redmi 5 Plus, on the other hand, costs CNY 999 for the base variant that translates to Rs 9,600 in Indian currency.

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Apple reports record $20 bn profit, iPhone X sales ‘better than expected’

Apple’s revenue in the final three months of last year increased 13 per cent to $88.3 billion


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Apple today reported a $20 billion profit in a record-setting quarter and said sales of its newest iPhone X smartphone were better than expected.

Revenue in the final three months of last year increased 13 per cent to $88.3 billion, according to the California- based technology giant.

“We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone lineup,” said Apple chief executive Tim Cook.

“iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November.”

However, Apple reported that overall iPhone sales in the quarter 77.3 million from were about a million fewer than the same period a year earlier.

But iPhone revenues rose 13 per cent from a year ago, suggesting its newer models were gaining traction.

The earnings come amid concerns over weak demand for the newest and most expensive iPhone X, the 10th anniversary edition of the iconic smartphone.

Apple also forecast that revenue in the current quarter would be between $60 billion and $62 billion in an outlook less rosy than analysts had expected.

Apple shares dipped and then rose two percent to $171.08 in after-market trades that followed release of the earnings figures.

Click Here To Read : Iphone X Sales

Budget 2018 and its Possible Impact on Stock Market

The future movements in the markets over the next month or so will be decided by the contents of the Budget 2018.


Lately both the major indices in India has scaled record heights, the Sensex has crossed the 36000 mark whereas the Nifty has also breached the 11000 level.The future movements in the markets over the next month or so will be decided by the contents of the Budget 2018. Although in the period leading up to the Budget utmost secrecy is observed but some information does filter through, other than that rumours and informed speculations are also what that drives the sentiments of the markets. Generally there are negative sentiments and expectations attached to the Budget thus investors usually postpone buying decisions before the Budget is tabled. Thus in the past mostly the benchmark index has fallen in the month leading up to the Budget and the markets both Sensex and Nifty have seen gains after the Budget has been delivered. This has been the trend in six out of the last nine Budgets. But the said trend has now been broken with the markets touching new heights just before the Budget 2018. Few numbers in the Budget 2018 such as that of fiscal deficit and disinvestment targets will have a major impact on the direction of the bourses. Experts believe that the days leading up to the Budget the markets will see a rally due to various anticipations and right after the Budget profit booking in the stock market may be seen. However, there will be opportunities for investment in select sectors also.

Expected Impact of Budget 2018 on Stock Market

It is largely expected that the Budget 2018 will be neutral for the stock markets thus no sharp surge or dip in Indian indices is being expected. As the said Budget is the last full budget before the Lok Sabha elections in 2019 and before multiple assembly elections in 2018 no major reforms are expected to be undertaken. Experts believe that in the near future with record FII inflows, soaring investments in mutual fund, low interest rates and a strong rupee against the dollar the outlook in the markets is expected to remain positive. Although on the day of the Budget 2018 and the 48 to 72 hours period after the same the markets are expected to remain extremely volatile. In the Budget 2018 the markets would like to see a bump up in Government’s revenues to tackle fiscal deficit but most likely the fiscal deficit target of 3.2% of the GDP would be missed by the Government.