03 Oct 2025

The Delhi government has initiated the revision of circle rates for land and properties across the city, a step that comes more than a decade after the last update in 2014. The move is intended to align property valuations with current market conditions and improve transparency in transactions. Public feedback is being sought within the next 15 days, with individuals, resident welfare associations (RWAs), industry bodies, and property owners encouraged to share suggestions via email. The process follows earlier attempts by the previous government and includes guidelines for different property categories.Read more

03 Oct 2025

The Reserve Bank of India has introduced proposals allowing banks to finance corporate acquisitions, fulfilling a long-standing demand from domestic lenders. This includes raising lending limits against shares and IPOs, and removing restrictions on large borrowers that existed since 2016. The RBI also aims to reduce borrowing costs for NBFCs financing high-quality infrastructure projects. Furthermore, licensing for new Urban Co-operative Banks, paused for nearly two decades, is being reconsidered through a discussion paper. These measures are designed to enhance credit availability, encourage corporate investments, and manage systemic risks effectively within the banking system.Read more

03 Oct 2025

India's equity benchmarks are poised to open higher on Friday, with Gift Nifty futures at 24,929.5, signalling the Nifty 50 will open above Wednesday's close of 24,836.3. Both the Nifty 50 and Sensex rose 0.9% on Wednesday, ending an eight-day losing streak, after the RBI's dovish pause and reforms to ease lending boosted financial stocks. Analysts said measures such as raising limits on lending against shares and lowering risk weights for NBFC infrastructure loans lifted sentiment. Domestic institutions remained net buyers for the 27th straight session, while foreign investors extended selling. Focus also turns to WeWork India's INR 30 billion IPO opening today.Read more

03 Oct 2025

Indian government bond yields are expected to edge lower in early trade on Friday amid growing anticipation of policy easing, though the decline may pause until the auction of a new 10-year note. The benchmark 10-year yield, which closed at 6.5166% on Wednesday, is projected to hover between 6.50% and 6.53% ahead of the government's sale of INR 320 billion in fresh 10-year bonds. On Wednesday, the RBI left rates unchanged at 5.50% but signalled space to support growth by lowering its inflation forecast to 2.6% and raising GDP growth estimates to 6.8%. Markets widely expect a rate cut in December.Read more

02 Oct 2025

Earlier this week, the Goa government announced that owners seeking to regularise structures on state or comunidade land must pay based on circle rates, with a 2014 cut-off applied. The cabinet is finalising taluka-wise minimum rates under the 'Majhe ghar' scheme and intends to conclude deliberations rapidly, ahead of a formal launch. Amendments allow owners of unauthorised constructions built before the cut-off to apply, subject to size limits under urban and rural norms.Read more

02 Oct 2025

Vishvaraj Environment Limited (VEL), a major player in water utility and wastewater management, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO of INR 2,250 crore. The offering includes a fresh issue of INR 1,250 crore and an offer for sale of INR 1,000 crore by its promoter, Premier Financial Services Ltd. The company plans to use the proceeds for debt repayment, key project capital expenditure, and general corporate purposes. VEL operates 30 water and 60 sewage treatment plants and is diversifying into solar energy across Maharashtra.Read more

02 Oct 2025

Innov8 has shown substantial growth in revenue and profitability, posting a 58% increase in its latest quarter driven by strong demand for managed office spaces. EBITDA and net profit also improved, supported by higher membership revenue per seat. The company's asset-light model has enabled efficient scaling while maintaining cost discipline. With plans to double its centres and focus on high-density metro hubs, Innov8 aims to strengthen its enterprise-grade offerings. The co-working market in India is expanding rapidly, with operators projected to manage over 100 million square feet by 2026.Read more

02 Oct 2025

Nagaland has allocated INR 6 crore for urgent repair work on a vulnerable stretch of National Highway 29, which has been sinking due to heavy rainfall and ground subsidence. The Deputy Chief Minister inspected sections at Liezocha 'C' Khel and Kezanu, noting that one 300 metre portion has completely collapsed. Of the allocated funds, INR 4 crore comes from the state and INR 2 crore from central resources. Earlier, the Ministry of Road Transport and Highways had sanctioned INR 19 crore for blacktopping a 12.6 km stretch. Long-term solutions include constructing two bypass routes, with one previously approved but delayed due to land acquisition challenges, and proposals are being pushed for central approval to declare them as national highways.Read more

02 Oct 2025

DLF Cyber City Developers Ltd (DCCDL), the rental arm of realty major DLF, raised INR 1,100 crore through the allotment of non-convertible debentures on a private placement basis earlier this week. The issue, carrying a coupon rate of 6.91 per cent per annum payable quarterly, reflects the company's continuing strategy to strengthen its funding avenues. DCCDL, a joint venture between DLF and Singapore's sovereign wealth fund GIC, manages a 44 million sq ft operational portfolio of commercial properties across major Indian cities.Read more

01 Oct 2025

WeWork India is preparing to launch its IPO while reporting a first-quarter loss of INR 14.14 crore, an improvement from last year's INR 29.17 crore. Revenue grew 19% to INR 535.31 crore in the same quarter. The company, majority-owned by Embassy Group, operates in key Tier-1 cities managing 77 lakh sq. ft of office space. The IPO is structured as an Offer For Sale worth up to INR 3,000 crore, aimed at enhancing visibility and liquidity for shareholders. Past investments include USD 100 million from WeWork Global and a rights issue to reduce debt.Read more