31 Dec 2025

Residential property sales across India's top seven cities fell sharply in 2025, declining about 14% year-on-year as higher prices, economic uncertainty, and job cuts impacted buyer sentiment. Around 3.96 lakh homes were sold, compared to 4.6 lakh units in 2024. Despite lower volumes, the total value of homes sold rose 6% to over INR 6 lakh crore, driven by steady demand for premium and luxury housing. MMR and Pune led sales but saw notable declines, while Chennai stood out with 15% growth. New housing launches remained stable, with a growing share of high-value homes. Average prices rose 8%, and unsold inventory edged up slightly.Read more

29 Dec 2025

The Municipal Corporation of Delhi (MCD) plans to develop 14 new construction and demolition (C&D) waste dumping sites, joining the 132 existing locations under the city's C&D Waste Management Framework. Each site will be equipped with CCTV cameras featuring automatic number plate recognition and mist spraying systems to enhance dust control and prevent illegal dumping. Enforcement teams have intensified inspections across the city, issuing hundreds of challans and collecting penalties in 2025. Recent checks of smaller construction sites revealed several non-compliant or unregistered sites, which were penalised to ensure adherence to waste management rules.Read more

29 Dec 2025

Indian government bonds saw mild selling pressure as markets reacted to a sharp increase in planned state government borrowing, raising concerns about excess supply. The benchmark 10-year yield edged higher despite a strong decline over the previous week. Tight liquidity conditions in the banking system have limited buying interest, following higher cut-off yields at a recent auction. The Reserve Bank of India's ongoing bond purchases and foreign exchange swaps are expected to support liquidity, even as traders remain cautious in the near term.Read more

28 Dec 2025

Tata Steel has received approval from the Competition Commission of India to acquire full ownership of Tata BlueScope Steel by purchasing the remaining 50 per cent stake from its joint venture partner. The regulatory clearance marks a key step in Tata Steel's plan to consolidate its coated steel business and simplify its corporate structure. With this approval, Tata Steel will gain complete strategic and operational control over the company, allowing closer alignment with its long-term growth objectives. The acquisition is expected to strengthen Tata Steel's downstream portfolio, improve operational efficiencies, and enhance its ability to respond to market demand in value-added steel segments.Read more

28 Dec 2025

NTPC Green Energy Ltd is set to begin commercial operations of a 69 MW solar power capacity at Khavda in Gujarat from Thursday, marking another milestone in its renewable energy expansion. The capacity forms part of the larger 1,255 MW Khavda-I Solar PV Project being developed under the CPSU Scheme Phase-II Tranche-III. With this addition, NTPC Green Energy's total installed renewable capacity will rise to 7,996.30 MW, while the overall installed capacity of the NTPC Group will reach 85,610 MW. The development underscores NTPC's commitment to accelerating India's clean energy transition.Read more

26 Dec 2025

UK Paints Pvt Ltd, an affiliate of the UK Group, has agreed to acquire an additional 14.48% stake in Berger Paints India through an internal restructuring arrangement, enhancing its strategic shareholding in the country's second-largest paint manufacturer. The acquisition will be carried out via a share purchase from existing promoters and related entities, strengthening UK Paints overall equity in the company. The transaction is aimed at consolidating promoter holding and streamlining the shareholding structure. Berger Paints India is a well-established player in the decorative paints segment, with a pan-India distribution network and a broad product portfolio spanning decorative and industrial paints.Read more

26 Dec 2025

LNJ Bhilwara Group has signed a definitive agreement to acquire a 100 per cent stake in Mandakini Jal Urja, which is developing a 76 MW hydropower project in Uttarakhand. The acquisition will be carried out through Bhilwara Energy, the Group's energy arm, by purchasing the full equity from Statkraft IH Holding AS. The project, located in Rudraprayag district, is a run-of-river hydroelectric facility aimed at strengthening renewable power generation in the state. Bhilwara Energy said the deal will expand its hydropower portfolio and support its focus on sustainable energy infrastructure. Statkraft stated the divestment aligns with its strategy to streamline international operations. The transaction is subject to customary approvals.Read more

24 Dec 2025

RITES Ltd has secured an international contract worth INR 315.7 crore from South Africa-based Ndalama Capital (Pty) Ltd for the supply and commissioning of diesel-electric locomotives. The order, valued at about USD 35.2 million, will be executed over a period of 18 months. The contract involves the delivery of Cape gauge locomotives on a CIF basis. This development strengthens RITES's overseas order book and highlights its continued expansion in African railway infrastructure projects.Read more

24 Dec 2025

Adani Group's solar, wind and green hydrogen businesses recorded a strong operational year, marked by manufacturing milestones, technology certifications and first-of-its-kind projects in India. Adani Solar crossed 15,000 MW in cumulative module shipments, while Adani Wind exceeded 1 GW of installations of its largest onshore turbine. Adani New Industries Limited commissioned India's first off-grid 5 MW green hydrogen pilot plant powered entirely by solar energy and battery storage. These developments aligned with India's rapid renewable energy expansion and growing global clean-energy supply realignment.Read more

24 Dec 2025

Ambuja Cements has approved the merger of ACC and Orient Cement into the parent company, creating a unified cement platform with a total capacity of 107 MTPA. The move will integrate ACC, Orient, Penna and Sanghi under one structure, improve operational efficiency, and reduce costs. Share swap ratios for ACC and Orient shareholders have been announced. The consolidation supports Ambuja's expansion roadmap to reach 140 MTPA by FY28 and does not require CCI approval as it is an intra-group merger.Read more