10 Feb 2026

Sundaram Home Finance has expanded its Emerging Business (EB) branch network to 100 with the opening of a new outlet in Avinashi, near Coimbatore, marking a key milestone in its growth strategy. The Chennai-headquartered housing finance company is targeting disbursements of INR 500 crore in the EB segment by the end of FY2025-26, having already crossed INR 400 crore in the first nine months of the financial year. The EB segment focuses on affordable housing loans and small-ticket working capital finance. While Tamil Nadu remains a strong base, the company has significantly accelerated expansion into Karnataka, Telangana and Andhra Pradesh over the past year. Management expects recent budgetary subsidies for affordable housing to support demand and drive further growth across smaller towns and emerging markets.Read more

09 Feb 2026

The Union government has earmarked INR 3,244 crore in the Union Budget for the much-anticipated Kolhapur Vaibhavwadi railway project, a key route aimed at strengthening connectivity between western Maharashtra and the Konkan region. The allocation represents half of the estimated overall project cost and will support land acquisition and early works once procedural formalities, including the conclusion of local elections, are complete. The new line is expected to stretch around 106 kilometres with multiple stations, requiring significant tunnelling and elevated structures to traverse the Sahyadri mountain ranges. Once completed, it will link Kolhapur on the Pune Kolhapur section with Vaibhavwadi on the Konkan Railway, enhancing freight and passenger movement between the hinterland and coastal corridors. The state government and rail authorities are expected to contribute the remaining funding share and expedite implementation.Read more

09 Feb 2026

IRB Infrastructure recorded a 15 per cent year-on-year increase in toll revenue in January 2026, with collections rising to INR 750 crore compared to INR 650 crore in the same month last year. The reported figures include toll earnings from both IRB InvIT Fund (Public InvIT) and IRB Infrastructure Trust (Private InvIT). Key assets across Maharashtra, Gujarat and Telangana continued to drive revenue growth, reflecting steady traffic momentum across the portfolio. The IRB MP Expressway emerged as the largest contributor, followed by the Ahmedabad-Vadodara Super Express Tollway and the Golconda Expressway on Hyderabad's Outer Ring Road. Management indicated that traffic growth trends remain encouraging and are expected to strengthen further with the commencement of tolling on the TOT-17 project during the month.Read more

09 Feb 2026

The Reserve Bank of India's proposal to allow banks to lend directly to Real Estate Investment Trusts (REITs) has been welcomed by industry stakeholders, who said the move would expand long-term funding options and lower financing costs. The central bank has proposed the change with prudential safeguards, aiming to deepen the financing pool for the real estate sector. Industry bodies and REIT executives said direct access to bank finance would complement capital market borrowings and address the challenge of long-tenor funding, which remains limited under the current debt-issuance model. The move is also expected to strengthen balance sheets, support portfolio expansion, and potentially improve income distribution to unitholders. India currently has five listed REITs, primarily focused on office and retail assets.Read more

09 Feb 2026

Embassy Office Parks REIT has announced a distribution of INR 613 crore to unitholders for the quarter ended December 2025, supported by strong income growth and sustained leasing momentum across its office portfolio. Revenue from operations rose 17 per cent year-on-year to INR 1,193 crore, while net operating income increased 19 per cent to INR 985 crore during the quarter. The REIT delivered a per-unit distribution of INR 6.47, marking a 10 per cent annual increase. During the period, Embassy REIT also raised INR 400 crore through commercial paper at an effective annual rate of 6.44 per cent, reflecting disciplined balance sheet management. The performance was underpinned by robust demand from global capability centres and continued portfolio expansion through selective acquisitions.Read more

09 Feb 2026

The Kerala government has decided to bear 50 per cent of the cost of the long-pending Angamaly Erumely Sabari railway project, committing INR 1,900 crore through the Kerala Infrastructure Investment Fund Board. The decision aims to remove funding bottlenecks that have delayed the project for over two decades. The 110 km rail line is intended to improve connectivity to Sabarimala and support development in central and southern districts of the state. The total project cost is now estimated at INR 3,800.9 crore.Read more

09 Feb 2026

JSW Cement Ltd returned to profitability in the December quarter of FY26, reporting a net profit of INR 130.62 crore after posting a loss in the same period last year. The improvement was supported by stronger operating EBITDA, steady growth in sales volumes, and higher overall income. Revenue from operations rose over 13 per cent year-on-year, while operating EBITDA increased by more than 31 per cent. The company also reported an exceptional loss linked to the implementation of new Labour Codes, even as expenses remained largely under control.Read more

09 Feb 2026

Transport Corporation of India reported a 10.4 per cent increase in standalone profit after tax to INR 130.5 crore for the December 2025 quarter, supported by festive-led demand and higher freight volumes. Revenue rose 9.3 per cent year-on-year to INR 1,113.2 crore. Automotive, FMCG, pharmaceuticals and e-commerce drove growth, aided by record road and rail volumes and improved warehousing utilisation. While part of the momentum was seasonal and inventory-driven, the company continued to strengthen its end-to-end logistics portfolio to address evolving supply chain needs.Read more

08 Feb 2026

Trent Limited, the retail arm of the Tata Group, posted solid third quarter results driven by robust performance in its fashion retail businesses. Standalone net profit grew about 36% and adjusted profit rose about 41% year on year, while standalone sales increased close to 16%. On a consolidated level, revenue climbed about 15%, though overall profit growth was modest. The company continued to strengthen its retail footprint, adding new Westside and Zudio stores, including an outlet in the UAE, and expanded its overall retail space to more than 15 million square feet. Stable margins and disciplined operations underpinned the performance.Read more

08 Feb 2026

Aptus Value Housing Finance India reported a 23.98% year-on-year rise in consolidated net profit for the third quarter of FY26, supported by steady income growth and controlled expenses. Total income increased by over 22%, while assets under management expanded by around 21%. Disbursements grew at a measured pace amid a shift towards higher-ticket loans. Asset quality remained stable, with gross and net NPAs largely unchanged. The company also continued to expand its branch network while maintaining strong liquidity and capital adequacy levels.Read more