16 Jan 2026

Ajmera Realty & Infra India Ltd recorded a sharp rise in sales bookings during the third quarter of the current financial year, supported by improved demand for its housing projects. Sales bookings more than doubled on a year-on-year basis, while sales volumes also registered strong growth. The company reported a significant increase in cumulative bookings during the first nine months of the financial year, reflecting steady traction across its residential portfolio. Management attributed the performance to the company's asset-light strategy and expansion into new micro-markets. The developer stated that it has already surpassed its required run-rate for the year and remains confident of exceeding its full-year sales guidance.Read more

16 Jan 2026

The World Bank has approved loans worth USD 680 million for three projects in Assam aimed at improving climate resilience, education outcomes, and governance systems. The approvals cover initiatives focused on building disaster-resilient hill roads, strengthening school education and adolescent wellbeing, and enhancing governance and service delivery across the state. The projects are expected to improve connectivity in hilly and rural areas, support learning and life-skills development for more than four million students, and strengthen public financial management and administrative services. All three projects have a final maturity period of 16 years, including a three-year grace period, and are designed to support long-term development objectives in Assam.Read more

16 Jan 2026

The National Highways Builders Federation (NHBF) has urged the Finance Ministry to revive the Vivad se Vishwas II scheme or introduce a similar one time settlement mechanism for road and core infrastructure projects. The federation highlighted that unresolved contractual disputes, especially with the National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways (MoRTH), are straining contractors and authorities finances, affecting cash flows and project execution. NHBF proposed extended timelines and broader coverage under a revived scheme to improve dispute resolution and restore investor confidence in the sector.Read more

16 Jan 2026

The Ghaziabad Development Authority (GDA) has raised around INR 194 crore through the auction of residential and commercial land parcels, reflecting strong demand for property in the city. The auction attracted healthy participation from developers and investors, driven by Ghaziabad's improving connectivity, metro expansion and growing position within the NCR growth corridor. Plots of varying sizes and land-use categories were offered, enabling interest from housing, retail and mixed-use developers. The proceeds will be used to fund key urban initiatives such as road upgrades, civic amenities, drainage and public infrastructure projects.Read more

15 Jan 2026

ASK Property Fund has invested INR 340 crore in three residential projects developed by Mantra Group across Mumbai and Pune, reinforcing institutional confidence in the housing market. The funding will support the acquisition of two projects through the NCLT resolution process and help advance a third ongoing development. Part of the capital will be used to clear dues to financial creditors, while the rest will fund construction and execution. The projects are located near JVLR in Mumbai and in Wakad and Mundhwa in Pune, areas known for strong connectivity and housing demand. The investment supports Mantra Group's expansion plans and highlights growing private equity interest in well-located residential developments.Read more

15 Jan 2026

The government is preparing to launch an Initial Public Offering of Kamarajar Port Ltd, which will be the first public listing of a state-owned port in India. The proposed IPO is expected in the next financial year and could value the port between INR 15,000 crore and INR 21,000 crore, based on indicative pricing discussions. Kamarajar Port's corporate structure, steady cargo volumes and strong operating margins set it apart from other major ports. The listing is aimed at unlocking value and introducing market discipline in port operations.Read more

15 Jan 2026

Groww's parent company, Billionbrains Garage Ventures, reported a 28% drop in quarterly profit, recording INR 5.47 billion (USD 60.64 million) for the period ending December 31. The decline was mainly driven by higher operational expenses as the online brokerage invested in platform growth and marketing. Founded nearly a decade ago and listed last year, Groww continues to expand its offerings and attract retail investors. Analysts suggest that while short-term profitability has been impacted, the company remains focused on increasing market share and strengthening its position in the competitive Indian brokerage sector.Read more

15 Jan 2026

Shakti Pumps has received new orders worth over INR 600 crore under the government's PM-KUSUM scheme, further strengthening its presence in the renewable energy and agri-infrastructure space. The orders, awarded by Karnataka Renewable Energy Development Ltd, involve the supply, installation, and commissioning of 16,780 standalone off-grid solar photovoltaic water pumping systems across Karnataka. Excluding GST, the total value of the letter of award stands at INR 600.58 crore. The development aligns with the broader objectives of the PM-KUSUM scheme, which aims to enhance farmers access to clean energy while reducing dependence on grid power and diesel. The order highlights continued momentum in decentralised solar adoption within India's agricultural sector.Read more

15 Jan 2026

PMAY-U 2.0 aims to expand homeownership among eligible urban families without permanent housing through a structured and transparent framework. Its Interest Subsidy Scheme offers benefits of up to INR 1.80 lakh over five years on eligible home loans sanctioned after 1 September 2024. Homebuyers availing Sambhav Home Loan from Bajaj Housing Finance Limited may apply for the subsidy, subject to eligibility and verification. The scheme also allows applicants to register through a centralised government portal, supporting wider access, particularly for households with informal or cash-based incomes.Read more

15 Jan 2026

Arunachal Pradesh highlighted its infrastructure needs during pre budget consultations with the Union Finance Ministry ahead of the upcoming Union Budget on February 1,2026. The state emphasized urgent development in urban water supply, drainage systems, and rail connectivity, particularly the Rupai Wakro Parashuram Kund railway line. Officials also raised concerns over limited access to externally aided funds due to geopolitical and strategic constraints. The state underlined its commitment to fiscal discipline while seeking continued central support to bridge resource gaps and ensure sustainable growth across urban and border regions.Read more