22 Jan 2026

The Pune Municipal Corporation has extended its property tax amnesty scheme after collecting INR 713 crore from defaulters during the initial phase. Around 1.24 lakh property owners cleared pending dues by availing a 75% waiver on penalties. The scheme helped ease long-standing tax arrears that had increased due to monthly penalties on delayed payments. Encouraged by the response, the civic body decided to allow more time for additional defaulters to participate. The collections are expected to support municipal finances as budget preparations continue.Read more

22 Jan 2026

Bank of Baroda and IIFCL have signed an agreement to jointly finance and syndicate loans for a wide range of infrastructure projects in India. The partnership aims to accelerate key infrastructure developments, with a focus on sectors like transportation, energy, and urban development. IIFCL emphasizes long-term and sustainable funding, targeting green finance, MSMEs, and rural projects to promote inclusive growth. With Bank of Baroda's extensive network, the collaboration seeks to offer innovative financing solutions that support India's growing infrastructure needs.Read more

22 Jan 2026

The Adani Group has announced an investment plan of over INR 6 lakh crore spanning aviation, clean energy, urban infrastructure, digital platforms and advanced manufacturing. Presented at the World Economic Forum in Davos, the roadmap covers projects across Maharashtra, Assam and Jharkhand. Key initiatives include aviation and renewable energy projects in Assam, major urban and airport-linked developments in Maharashtra, and investments in data centres, hydropower, manufacturing and energy transition. The strategy reflects a move towards integrated, technology-led infrastructure platforms aligned with national growth priorities.Read more

22 Jan 2026

EAAA India Alternatives, part of Edelweiss Financial Services, has filed draft papers with SEBI to launch an INR 1,500 crore initial public offering. The proposed issue is entirely an offer for sale by Edelweiss, with no fresh issue component. Founded in 2008, the platform operates across alternative asset classes including infrastructure, commercial real estate and private credit. As of late September 2025, it managed assets worth over INR 65,500 crore and served a wide base of domestic and global investors.Read more

22 Jan 2026

KPI Green Energy recorded strong financial performance in the quarter ended December 31, 2025, with consolidated net profit rising nearly 48 per cent to INR 125.80 crore. The growth was driven by a sharp increase in total income, which climbed to INR 676.05 crore from INR 466.09 crore a year earlier. Expenses also moved up during the quarter due to higher operational activity. Alongside the results, the company announced a third interim dividend of INR 0.20 per share for FY26.Read more

22 Jan 2026

Real estate investment in Uttar Pradesh recorded strong growth in 2025, rising about 53 per cent to nearly INR 69,000 crore, as per the Uttar Pradesh RERA chairman. The increase reflects rising interest from developers across India, supported by quicker approvals and improved regulatory processes. Project registrations and housing completions also saw a steady rise compared to the previous two years. Development activity expanded beyond NCR into several Tier II and Tier III cities, while select markets such as Ayodhya witnessed a sharp rise in land prices, indicating sustained demand.Read more

21 Jan 2026

Wonder Home Finance has secured an investment of INR 500 crore from Growtheum Capital Partners to strengthen its capital base and accelerate expansion across India's affordable housing finance segment. The funding will be used to widen the company's branch network, grow its loan book, and further enhance systems, risk management, and governance frameworks. Jaipur-headquartered Wonder Home Finance focuses on serving borrowers with informal and semi-formal income profiles in urban and semi-urban markets. With operations spanning 136 branches across 12 states and assets under management exceeding INR 3,000 crore, the company has recorded strong growth over the past five years, positioning it to benefit from sustained demand for affordable housing finance.Read more

21 Jan 2026

PhonePe has secured regulatory approval from SEBI to move ahead with its IPO and is expected to file its Updated Draft Red Herring Prospectus soon. The issue will be a pure Offer for Sale, with no fresh capital being raised. The company remains the market leader in UPI transactions, holding over 45 per cent share and processing nearly 10 billion transactions in the last reported month. For FY24-25, PhonePe reported strong revenue growth, positive operating cash flow, and a sharp rise in adjusted profitability.Read more

21 Jan 2026

Indian Railway Finance Corporation Limited recorded a 10.51 per cent rise in net profit for the third quarter of the current financial year, even as its total income saw a marginal decline. The railway financing arm benefited from lower expenses and steady asset growth during the quarter. Assets under management reached a record level, while net worth strengthened compared to the previous fiscal year. The company also achieved its full-year sanction target within nine months, reflecting continued funding support for Indian Railways'; rolling stock and infrastructure requirements.Read more

21 Jan 2026

Embassy Developments has announced plans to invest INR 7,000 crore in the Mumbai Metropolitan Region to strengthen its residential presence. The investment will support the launch of three new luxury housing projects in Juhu, Worli and Alibaug, along with the completion of three ongoing developments. The company expects the new projects to generate over INR 12,000 crore in revenue, reflecting confidence in sustained housing demand. Formerly Indiabulls Real Estate, Embassy Developments is now part of the Bengaluru-based Embassy Group, which has a long-standing presence in Indian real estate.Read more