13 Dec 2025

Public Property Invest ASA has decided to put forward a proposal for an annual dividend of NOK 1 per share for 2026, with payments planned in quarterly instalments of NOK 0.25 each. The plan is expected to be presented at the company's upcoming annual general meeting in 2026. The board's intention reflects its steady approach to shareholder returns, following previous years where the company maintained a consistent dividend structure. The proposal, once approved, will align with its dividend pattern and provide investors with predictable payouts throughout the year.Read more

13 Dec 2025

Hyderabad based managed office provider iSprout has raised INR 60 crore in debt funding from Tata Capital to drive its expansion across key Indian business hubs. The funds will be used to open new centres in tier I and tier II cities, upgrade technology platforms, improve workspace customisation and strengthen end to end facility management services. Over the past five years, iSprout’s footprint has grown to 25 locations across nine cities with about 2.5 million sq ft of managed space. The company aims to capture more market share in India’s flexible workspace sector amid rising demand from enterprises and GCCs.Read more

13 Dec 2025

Ekta World has completed repayment of a INR 170 crore loan to ICICI Bank, using funds raised entirely through sales and collections from its ready to move in Ekta Tripolis development in Goregaon West. The three tower project, with more than 600 units and possession handed to 503 families, has been central to reducing the company's overall debt. In the past year, Ekta World also finished two residential and two commercial redevelopment projects in Bandra,Khar and Santacruz. The company plans to maintain focus on high value assets above 1 million USD going forward.Read more

12 Dec 2025

HUDCO has raised INR 1,905 crore through a 7-year bond issue priced at a coupon rate of 6.98%, strengthening its funding capacity for housing and urban infrastructure projects across India. The bonds were issued through SEBI's electronic bidding platform, reflecting steady investor confidence in HUDCO's financial strength. The funds will support affordable housing, municipal infrastructure, urban renewal and related development works. HUDCO said the competitive pricing helps manage borrowing costs while backing sustainable infrastructure creation. The government-owned lender continues to finance state agencies, housing boards and urban bodies, playing a key role in supporting city modernisation and housing growth in line with India's long-term urban development goals.Read more

12 Dec 2025

Telangana has signed a long-term agreement with Amazon Web Services (AWS) for an investment of USD 7 billion to expand cloud data centre capacity in the state over the next 14 years. The agreement was finalised during the Telangana Rising Global Summit held recently, where the state committed to providing infrastructure support and smoother business processes to help AWS scale its operations. The expansion is expected to strengthen the Hyderabad AWS Region and support India's digital ecosystem, including government platforms, startups, enterprises, and new-age technology users.Read more

12 Dec 2025

SEBI has expanded the eligibility norms for strategic investors in REITs and InvITs to widen institutional participation. Under the revised rules, any Qualified Institutional Buyer can now invest as a strategic investor, including pension and provident funds, insurers, alternative investment funds, family trusts, state bodies and large NBFCs. SEBI said the earlier framework was restrictive and excluded several institutions that actively invest in long-term, income-generating assets. The changes aim to improve ease of doing business and deepen the investment trust market. The move follows SEBI’s recent reclassification of REITs as equity-related instruments for mutual funds, supporting stronger capital flows into real estate and infrastructure assets.Read more

12 Dec 2025

Hindustan Construction Company has transferred aggregate debt of INR 2,854 crore to its associate firm Prolific Resolution Pvt Ltd as part of a lender-backed restructuring plan. The move reduces HCC's consolidated debt exposure linked to corporate guarantees and supports long-term balance-sheet stability. Along with the debt, arbitration awards and claims worth INR 6,508 crore have also been shifted to PRPL. HCC will retain a 49% equity stake in the associate company and has provided a corporate guarantee for the transferred debt. The restructuring is aimed at improving financial transparency, strengthening lender confidence and enabling HCC to focus on infrastructure projects across sectors such as water, industrial development, buildings and power.Read more

12 Dec 2025

Chhattisgarh’s railway development has received a major push, with the annual allocation rising from an average INR 311 crore a decade ago to INR 6,925 crore for 2025–26. Track expansion has also picked up, moving from only 32 km between 2009 and 2014 to 1,189 km commissioned since 2014. The state currently has 26 sanctioned projects covering 1,932 km, with over 1,000 km already completed. Several doubling and third-line works have recently been finished, while major new-line projects continue. The Railways has also conducted extensive surveys to map future needs.Read more

12 Dec 2025

Odisha Power Transmission Corporation Ltd has signed an MoU with NABARD to secure a long-term loan of INR 1,685.27 crore for strengthening and expanding the state’s power transmission network. This marks NABARD’s first project-financing support to any Odisha PSU. Deputy Chief Minister K. V. Singh Deo said the loan, offered at a concessional 7.75% interest rate, reflects confidence in the state’s energy reforms. About INR 900 crore will fund new transmission lines, substations and corridor upgrades, while the rest will refinance high-cost debt. The partnership is expected to boost power reliability for industries and households and support Odisha’s broader economic and infrastructure growth plans.Read more

11 Dec 2025

The Haryana government has released INR 1,700 crore to HSVP and multiple metropolitan development authorities to support ongoing city infrastructure work. This comes after the state had earmarked INR 3,000 crore in its 2025-26 budget from the external development charges (EDC) fund for major cities, including Gurugram, Faridabad, Sonipat, Panchkula and Hisar. The planning department has already used a large share of the existing fund for development work. The state had also allocated INR 2,188 crore in the previous year to metropolitan agencies, reflecting a continued focus on improving urban services and core infrastructure.Read more