25 Nov 2025

SEBI Chairman Tuhin Kanta Pandey clarified that the regulator has no plans to oversee digital gold or e-gold products, as they fall outside SEBI's jurisdiction. Speaking at the National Conclave on REITs and InvITs-2025, he said investors seeking gold exposure should use SEBI-regulated options like Gold ETFs, exchange-traded commodity derivatives and Electronic Gold Receipts, all of which offer safeguards absent in digital gold schemes. His remarks follow recent appeals from digital gold platforms requesting formal regulation and SEBI's advisory warning investors against such products. The regulator stressed that digital gold is neither a security nor a commodity derivative, leaving buyers exposed to significant operational and counterparty risks.Read more

24 Nov 2025

AdaniConneX, the joint venture between Adani Enterprises Ltd and EdgeConneX, has taken over Trade Castle Tech Park Private Ltd for INR 231.34 crore. The deal was formalised through a share purchase agreement signed during the past week with existing shareholders Shree Naman Developers and Jayesh Shah. The acquisition gives AdaniConneX access to a large land parcel and key licences held by TCTPPL, which was incorporated in late 2023 but has not yet begun commercial operations. The move strengthens AdaniConneX's long-term plan to expand its national data centre platform.Read more

24 Nov 2025

OYO Assets, also known as Sunday PropTech and backed by PRISM, received a fresh equity infusion of INR 125 crore from institutional and private investors led by InCred. The fundraise took place in the past week and will support the company's plan to expand its hotel portfolio across premium and mid-premium categories. The company aims to acquire 12 hotels in the ongoing financial year, with seven deals already at advanced discussion stages. The investment strengthens its position in a sector that has been drawing organised capital and growing investor confidence.Read more

24 Nov 2025

SEBI plans to work with industry players to enable the inclusion of REITs in market indices, a move expected to significantly boost liquidity. Chairman Tuhin Kanta Pandey said at the National Conclave on REITs and InvITs-2025 that the regulator is also examining ways to simplify operations for REITs and InvITs, including widening the liquid mutual fund schemes they can invest in and allowing privately placed InvITs to invest in greenfield projects with safeguards. Recent reforms include treating REITs as equity for mutual fund allocations and lowering entry thresholds for InvITs. SEBI is also engaging with IRDAI, PFRDA, EPFO and institutional investors to expand participation as retail awareness remains low.Read more

24 Nov 2025

The Finance Minister held a detailed consultation with senior leaders from major infrastructure and energy companies earlier this week as part of the ongoing preparations for the forthcoming FY27 Budget. Representatives from Afcons, Shapoorji Pallonji Infrastructure Capital, GMR Group, JM BAXI Group and Infravision Foundation shared sector-specific inputs, while senior officials from key ministries and the Railway Board also participated. The upcoming Budget, expected to be presented in the near future, will be framed against ongoing geopolitical uncertainties, including the steep 50 per cent US tariff on Indian shipments, and the need to reinforce demand and employment generation.Read more

24 Nov 2025

India's markets regulator is considering measures to broaden investment flexibility for Real Estate Investment Trusts and Infrastructure Investment Trusts. The regulator's chairperson shared that SEBI is reviewing a proposal to widen the pool of liquid mutual fund schemes available to these trusts while ensuring investor protection. The regulator is also working with other financial bodies to encourage greater institutional participation. Plans to include REITs in market indices and examine whether private InvITs may invest in greenfield projects are part of the ongoing discussions aimed at strengthening the ecosystem for these investment vehicles.Read more

24 Nov 2025

IL&FS has completed the transfer of shares of its key road asset, Chenani-Nashri Tunnelway Limited, to Cube Highways & Infrastructure for INR 6,145 crore. The deal includes settling around INR 5,454 crore of debt with a consortium of banks and financial institutions. CNTL has ceased to be an IL&FS subsidiary, and Cube's nominees have joined the Board. This transaction increases IL&FS Group's total debt repayment beyond INR 48,000 crore. The Chenani-Nashri Tunnel, operational since 2017, remains a critical all-weather route linking Jammu and Srinagar.Read more

23 Nov 2025

JSW Energy has cleared a key hurdle in expanding its infrastructure network by securing creditor approval to acquire Raigarh Champa Rail Infrastructure, currently under insolvency. This follows the company's earlier acquisition of KSK Mahanadi Power Company Ltd, a 3,600 MW thermal power plant in Chhattisgarh, for INR 16,084 crore. The acquisition of RCRIPL will strengthen JSW Energy's control over coal transportation for KMPCL. The transaction has received a Letter of Intent, but its completion depends on approval from the National Company Law Tribunal.Read more

23 Nov 2025

PNB Housing Finance's credit rating has been upgraded by India Ratings from 'IND AA+' to 'IND AAA' with a stable outlook, reflecting its consistent improvement in profitability, strong asset quality, and diversified loan portfolio that reduces concentration risks. The rating also benefits from Punjab National Bank's strategic stake in the company. Meanwhile, Capital India Finance Ltd has appointed former SBI executive Surender Rana as executive vice chairman for three years from November 18, 2025. His extensive experience in MSME and agriculture financing strengthens CIFL's leadership as it focuses on governance-led and scalable growth.Read more

22 Nov 2025

IRB Infrastructure Developers has moved to transfer its Gandeva Ena project on the Delhi-Mumbai Greenfield Expressway to its publicly listed InvIT fund. Spanning 27.5 km at a cost of INR 1,702 crore, the project recently received a provisional completion certificate and is generating revenue. The transfer aligns with the company's strategy to unlock capital, ensure long-term cash flow for the InvIT, and support future growth. The eight-lane project, located in Gujarat, is part of NHAI's Package-VII under the Bharatmala Pariyojana.Read more