47 minutes ago

Kotak Mahindra Prime raised INR 7 billion through a bond issuance with a tenure of three years and two months during the past week, as part of ongoing activity in India’s corporate debt market. The non-banking financial company secured bids at an annual coupon of 7.74% and invited commitment bids on the same day. The issuance, rated AAA by CRISIL and CARE Ratings, reflects strong investor appetite for high-grade debt instruments. The transaction comes alongside other issuances in the market, including a planned bond sale by Triumph Composites, indicating sustained momentum in corporate fundraising through debt instruments.Read more

3 hours ago

360 ONE Asset has acquired a 13% equity stake in a 7.7 million sq ft commercial development in Bengaluru for INR 1,125 crore through its real assets funds. The investment was made via a primary securities issuance by Arliga Ecoworld Business Parks, with an additional commitment of INR 25 crore. Following the transaction, Brookfield India REIT will hold the remaining 87% stake in the asset. The project, Ecoworld, is a large integrated office campus comprising 15 buildings with a mix of commercial and SEZ spaces. The deal reflects continued investor interest in income-generating office assets in key markets, supported by institutional capital participation and stable leasing demand in Bengaluru.Read more

26 Apr 2026

Knight Frank, in its latest global wealth assessment released recently, reported a turning point in commercial real estate (CRE) markets, with USD 144 billion of institutional capital expected to re-enter in 2026. Private investors, including high net worth individuals and family offices, continued to dominate transactions for the fourth consecutive year, deploying USD 464 billion in 2025 compared to USD 347 billion by institutions. The report highlighted that capital allocation is being driven primarily by pricing, income visibility and supply fundamentals rather than geopolitical or regulatory concerns. It further noted recovery trends across office and retail segments, resurgence in European deal activity, evolving investment strategies in Asia-Pacific, and increasing domestic capital participation in India, which has improved market resilience and attractiveness for global investors.Read more

26 Apr 2026

Smartworks Coworking Spaces Limited has crossed 10 million sq ft of operational workspace, becoming the first listed flexible office provider in India to reach this scale. The milestone follows the launch of its centre at Tata Intellion Park, Mumbai, where a Forbes 2000 company has recently been onboarded. The company reported revenue of around INR 472 crore in Q3 FY26, reflecting a 34% year-on-year increase, with mature centres operating at approximately 93% occupancy. With a total managed portfolio of about 15.3 million sq ft across 63 centres in 15 cities, Smartworks continues to see demand from large enterprises and Global Capability Centres, driven by multi-city expansion needs and long-term workspace commitments.Read more

25 Apr 2026

Sagarmala Finance Corporation is likely to consider a loan of INR 2,000 crore to the Andhra Pradesh Maritime Board for the development of Ramayapatnam and Mulapeta ports. The funding will partly refinance an existing loan from State Bank of India and support ongoing construction. Both ports are part of the state’s plan to expand total cargo handling capacity from about 110 million tonnes to nearly 400 million tonnes. The proposal aligns with the Centre’s Sagarmala programme, which focuses on port-led development and improving logistics efficiency across the country.Read more

25 Apr 2026

Private credit funds saw a significant drop in fresh inflows during the first quarter, reflecting a shift in investor preference. Data from RA Stanger showed that investments from wealthy individuals declined by 45% compared to the same period last year. Concerns around artificial intelligence impacting software-driven businesses and questions on valuation practices influenced sentiment. At the same time, capital moved towards more stable asset classes, with real estate and infrastructure funds recording higher inflows. This trend highlights a broader reallocation strategy among high-net-worth investors seeking long-term stability.Read more

25 Apr 2026

Alankit Limited has entered into a Business Correspondent (BC) agreement with Indian Overseas Bank, taking its public sector banking partnerships to ten and expanding its last-mile financial services network. The arrangement enables the delivery of basic banking services through more than 2,600 BC locations across multiple states, targeting rural, semi-urban and underserved markets. The company’s broader BC operations already span 26 states, supported by over 3,000 business nodes across 673 cities and a customer base exceeding 25 million. With monthly transactions crossing INR 850 crore, the tie-up is positioned to support deposit, payments and enrolment services in areas where branch expansion remains limited, while strengthening access to government-backed financial inclusion schemes.Read more

Gurugram News Desk

25 Apr 2026

A large number of property transactions in Gurugram have come under scrutiny after the Income Tax Department initiated an investigation into deals lacking mandatory PAN disclosures. The probe covers around 2.5 lakh transactions, primarily linked to high-value property registrations where PAN details of buyers or sellers were either missing or improperly recorded. Authorities are examining compliance gaps under reporting norms applicable to real estate transactions above specified thresholds. The development highlights persistent documentation lapses within registration systems and raises concerns around potential tax evasion and data mismatches. Officials are coordinating with local authorities to verify records, reconcile discrepancies, and ensure adherence to financial reporting standards in property transactions.Read more

24 Apr 2026

The Atal Pension Yojana (APY), administered by the Pension Fund Regulatory and Development Authority, has recorded total gross enrolments of over 9 crore subscribers, reflecting sustained expansion of India’s social security coverage. The scheme added more than 1.35 crore subscribers during the financial year 2025–26, marking its highest annual enrolment since inception. Launched to extend pension benefits to workers in the unorganised sector, APY’s growth has been supported by coordinated efforts across banks, postal networks and government agencies. Enhanced outreach, awareness campaigns and capacity-building initiatives have contributed to its scale-up across states and districts. The scheme offers defined pension benefits and survivor coverage, strengthening its role as a long-term social security instrument.Read more

24 Apr 2026

Indian government bond yields are expected to remain stable, with market participants tracking upcoming state debt auctions and global developments, particularly US-Iran discussions. States are set to raise INR 169 billion through bond sales across varying maturities, adding supply pressure. Meanwhile, movements in crude oil prices continue to influence investor sentiment, given India’s dependence on imports. Although oil prices saw volatility due to geopolitical tensions, expectations of continued dialogue between the US and Iran are providing some stability. Swap rates also showed limited movement, reflecting a cautious and range-bound market outlook.Read more