29 Dec 2025

Manappuram Finance is set to raise up to INR 10 billion through a two-year bond issue, including a greenshoe option of INR 5 billion. The company has invited coupon and commitment bids, with the final rate to be decided through the bidding process scheduled later in the day. The proposed bonds are expected to be rated AA by Crisil. The fundraising reflects the company's continued use of debt markets to support its lending activities and maintain diversified funding sources.Read more

29 Dec 2025

Indian quick-commerce company Zepto has confidentially filed for an initial public offering, placing it among the most anticipated listings in India in 2025. Founded in 2021, Zepto operates in a fiercely competitive quick-commerce space, where companies are investing billions to expand dark stores and meet growing demand for 10-minute deliveries among urban consumers. The platform offers more than 45,000 products, spanning groceries, daily essentials, and electronics, and competes with Blinkit and Instamart. The IPO move comes as Indian capital markets gear up for record fundraising next year. Zepto was last valued at USD 7 billion after raising USD 450 million in October.Read more

29 Dec 2025

The Adani Group has completed around 33 acquisitions and strategic transactions worth nearly INR 80,000 crore since early 2023, reflecting continued expansion across its core businesses despite heightened scrutiny. The deals span multiple sectors, led by ports with transactions worth about INR 28,145 crore, followed by cement at around INR 24,710 crore and power at roughly INR 12,251 crore. A major highlight was the acquisition of Australia's North Queensland Export Terminal. The group has also invested in electricity transmission, data centres, roads and real estate. These completed transactions underline Adani's ongoing capital deployment across infrastructure-focused segments, excluding one proposed acquisition still under bankruptcy proceedings.Read more

29 Dec 2025

Embassy Office Parks REIT has completed the sale of around 3.76 lakh sq ft of office space across two strata-owned blocks in Embassy Manyata Business Park, Bengaluru, for INR 530 crore. The buyer is Rental Yield Plus (RYP), a commercial real estate fund managed by EAAA Alternatives, marking its third acquisition from the fund. The sale is part of Embassy REIT's capital recycling strategy aimed at improving portfolio efficiency and freeing capital for new investments. The transaction further strengthens RYP's presence in Greenheart Tech Park, a key hub for corporate tenants.Read more

29 Dec 2025

In the Union Budget 2026, the Indian government has prioritised road infrastructure by allocating INR 2.87 lakh crore to the Ministry of Road Transport and Highways, underscoring its role as a key driver of economic growth, logistics efficiency and employment generation. Roads and highways have consistently dominated capital expenditure trends, with allocations rising year-on-year to support construction, expansion and maintenance of national and state road networks. This substantial funding is expected to accelerate highway and rural road development, improve connectivity, reduce logistics costs, and support India's long-term infrastructure agenda, reinforcing public investment as a cornerstone of sustained economic growth and inclusive development.Read more

28 Dec 2025

The Tamil Nadu government has introduced a relief measure allowing first-time homebuyers to offset stamp duty and registration fees paid on construction agreements against amounts payable during sale deed registration. This applies to first-sale apartments, villas, flats, row houses, and villaments where construction agreements were registered before late November 2023 and composite sale deeds registered afterward. The move prevents double payments under RERA regulations and responds to buyers concerns. Developers note the relief comes late, as many buyers who paid fees earlier may have already completed registration.Read more

28 Dec 2025

KNR Constructions has entered into share purchase agreements with Indus Infra Trust to sell its 100 per cent shareholding, along with sub-debt, in four highway SPVs. The company plans to invest INR 566.83 crore in equity and sub-debt and expects to receive INR 1,543.19 crore from the transaction. The SPAs cover four project entities operating highway assets. The divestment is subject to approvals from authorities and lenders and is expected to be completed by September 30, 2026.Read more

Hyderabad News Desk

28 Dec 2025

Hyderabad's residential real estate market recorded a notable increase in property registrations in November, with 6,923 units registered, marking a 25% rise compared with the same month last year. The total value of homes registered during the month reached approximately INR 4,904 crore, reflecting sustained demand across mid-segment and premium housing categories. Peripheral districts such as Rangareddy and Medchal-Malkajgiri accounted for a significant share of registrations, indicating strong interest in well-connected, emerging residential corridors. The increase in average prices and broad-based transactional activity suggests growing buyer confidence, supported by improved infrastructure and diverse product offerings across the city's housing market.Read more

27 Dec 2025

The West Bengal Real Estate Appellate Tribunal has ruled that homebuyers cannot demand GST refunds from developers when a flat purchase is cancelled and must instead approach the GST department. The decision came while modifying a WBRERA order in a dispute involving a cancelled booking at a Kolkata housing project. The tribunal allowed the promoter to deduct GST already paid to the government and set aside a penalty imposed earlier. The ruling clearly separates regulatory refunds from tax refunds and reinforces that GST recovery is governed by central tax law.Read more

27 Dec 2025

The Madhya Pradesh state cabinet has approved a major four-lane road infrastructure initiative connecting Badwah and Dhamnod at an estimated cost of INR 2,508 crore. The project aims to enhance regional connectivity in the state's western corridor, reduce travel time, improve freight movement and strengthen linkages with national highways. Designed to upgrade the existing two-lane route to a modern four-lane standard, the road is expected to spur economic activity across adjacent agricultural and industrial zones, improving access to markets and services for local communities. The approval underscores ongoing efforts by the state government to prioritise road expansion and logistics efficiency as part of broader infrastructure development goals.Read more