09 Sep 2025

The Central Board of Indirect Taxes and Customs (CBIC) has highlighted the importance of guiding businesses through the upcoming GST changes. With reduced rates on 375 items coming into effect later this month, the GST Council has streamlined the tax structure into two main slabs of 5 and 18 per cent, while tobacco and ultra-luxury goods remain at higher rates. The reforms aim to lower household expenses, support farmers and manufacturers, and simplify compliance for small traders and MSMEs. Additional measures include a simplified registration process and faster refund clearances.Read more

09 Sep 2025

Mindspace Business Parks Real Estate Investment Trust (REIT) is targeting a substantial increase in its net operating income over the next three to four years, driven by an organic growth strategy and a major expansion plan. The trust intends to invest over INR 4,200 crore to add 8 million sq ft to its portfolio. With a current NOI of INR 2,000 crore and a strong presence in tech hubs, the company anticipates minimal impact from trade shifts or AI adoption, emphasising India's cost advantage and regulatory adjustments to attract more investments into REITs.Read more

09 Sep 2025

The UK-India Infrastructure Financing Bridge (UKIIFB), marking its one-year milestone in London recently, highlighted the need for India to take an investor-centric path to attract global funding for its growing infrastructure requirements. Co-chaired by NITI Aayog and the City of London Corporation, the group shared recommendations that focus on aligning projects with global standards, enhancing transparency, and creating investor confidence. With India targeting an estimated USD 4.5 trillion in infrastructure investment by 2030, the report underlined that domestic sources alone will not be sufficient to meet this demand.Read more

09 Sep 2025

Flipspaces has raised USD 50 million (around INR 439 crore) in an expanded Series C funding round to strengthen and expand its operations in India, the US, and the UAE. The round included new investors CE-Invests, Panthera Growth Partners, and SMBC Asia Rising Fund, while early investor Carpe Diem exited. The funds will be used to enhance AI-led technology, improve supply chain integration, and support strategic acquisitions in related areas. Having completed over 1,000 projects spanning more than 8 million square feet, Flipspaces is building a technology-focused ecosystem in interior design with strong international growth potential.Read more

09 Sep 2025

Shivalaya Construction has filed for an IPO with SEBI to reduce debt and support corporate operations. The offering includes a fresh issue of INR 450 crore and an offer-for-sale of 2.48 crore shares. The company, with a strong presence in roads, highways, and bridge construction, reported total borrowings of INR 3,048 crore and revenue of INR 3,124 crore in fiscal 2025. Its ongoing projects span over 1,500 lane kilometers, and its order book totals INR 3,627 crore. The IPO may also include a pre-IPO placement of up to INR 90 crore.Read more

08 Sep 2025

A 19-member team from Chennai Angels visited Sri City's Special Economic Zone to study investment potential and business prospects. The delegation, led by industrialist K Mahalingam of TSM Group, was welcomed by Sri City Founder and Managing Director Ravindra Sannareddy. The visit included a detailed presentation on the zone's infrastructure, sustainability initiatives, and business-friendly setup. Members also toured manufacturing units of Daikin, Isuzu, and Colgate. Formed in 2009, Chennai Angels supports startups with capital and mentorship, helping them scale their businesses while encouraging entrepreneurship in India.Read more

08 Sep 2025

Fractional ownership platform RealX has closed its offering for a 9-acre development project in Dwarka, Gujarat, raising INR 9.4 crore from 93 investors. The deal, which was fully subscribed within 45 days, demonstrated growing demand for tokenised real estate solutions. By embedding legal property rights directly into blockchain tokens, RealX introduced its Secure Digital Rights (SDR) technology, creating a model that ensures registered co-ownership rights under existing property laws.Read more

08 Sep 2025

Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) have gained significant traction in India, with their combined assets under management surpassing INR 9 lakh crore over the past nine years. Industry bodies, the Indian REITs Association (IRA) and the Bharat InvITs Association (BIA), projected that this figure may rise to INR 25 lakh crore by 2030. The associations emphasised the strong investor confidence in these instruments, supported by robust returns and transparent structures, making them integral to India's capital and infrastructure financing landscape.Read more

08 Sep 2025

Kanpur Nagar has implemented revised circle rates, effective from September 5, 2025, introducing notable amendments to property valuation guidelines. Key changes include depreciation allowances for multi-story residential buildings, abolition of common facility fees, and adjustments in the valuation of large non-agricultural plots. Additionally, the valuation method for agricultural land in urban and semi-urban areas has been revised to reflect more practical and market-aligned rates. These updates aim to align property valuations with current market realities and streamline the property transaction process.Read more

08 Sep 2025

Global pharmaceutical company AstraZeneca has announced a fresh investment of INR 176 crore in India to expand its Global Innovation & Technology Centre (GITC) in Chennai. This marks the firm's third major investment in the country within two years. The move aims to strengthen AstraZeneca's global healthcare innovation presence, foster digital capabilities, and support advanced technology-led healthcare solutions. The initiative will also generate skilled employment opportunities and reinforce Chennai's position as a leading hub for global innovation.Read more