27 May 2026

• Reliance Infrastructure reports consolidated net profit of INR 918.07 crore in Q4 FY26, down sharply from INR 4,387.08 crore a year earlier
• Revenue and total income decline marginally to INR 4,154.34 crore in the March quarter, reflecting weaker operating performance
• Rising expenses, particularly higher power purchase costs, weigh on profitability during the reporting period
• Company appoints new CEO and CFO as part of senior management restructuringRead more

27 May 2026

Tamdeen Real Estate has announced that one of its subsidiaries has signed a contract for the design of a new hotel complex planned on company-owned land in the Dasman area of Kuwait. The contract is valued at nearly KWD 3.5 million and marks another step in the company’s hospitality and mixed-use development strategy. The project is expected to strengthen Tamdeen’s presence in Kuwait’s real estate and tourism-related segments, where developers have been increasing investments in hospitality assets amid growing demand for premium accommodation and commercial infrastructure.Read more

27 May 2026

• SAMHI Hotels reported a net profit of INR 566.54 crore for FY26, supported by improved hotel performance, portfolio expansion and sustained travel demand.
• The company continued to strengthen its presence across key business and leisure hospitality markets while expanding strategic partnerships and acquisitions.
• SAMHI also advanced new growth initiatives, including a large hotel project in Navi Mumbai and expansion into experiential hospitality through its investment in RARE India.Read more

27 May 2026

The Reserve Bank of India (RBI) has imposed monetary penalties on City Union Bank, Mintifi Finserve, and Newa Investments for non-compliance with regulatory directions. City Union Bank was fined INR 10.10 lakh for charging loan-related fees on certain priority sector agricultural loans and for failing to report self-help group member-level data to credit information companies. Mintifi Finserve was penalised INR 3.10 lakh for delays in uploading KYC records to the central registry. Newa Investments was fined INR 2.70 lakh for governance-related violations involving changes in its board structure without prior RBI approval.Read more

27 May 2026

Industry body ASSOCHAM has stated that India is better positioned to manage retail inflation compared to other top 10 global economies, even as West Asia tensions continue to disrupt global energy markets. It has recommended that the Reserve Bank of India maintain the repo rate in its upcoming June monetary policy review while supporting MSMEs through liquidity, interest subvention and moratorium measures. ASSOCHAM noted India’s inflation rose marginally from 3.2 per cent in February 2026 to 3.5 per cent in April 2026, remaining significantly lower than sharper increases seen in the US during the same period.Read more

27 May 2026

• Shriram Properties Ltd reported a 65 per cent rise in consolidated net profit to INR 78.53 crore for the quarter ended March 31, compared with INR 47.66 crore a year earlier.
• The growth was driven by higher income, supported by steady demand in the housing segment across key markets.
• Total quarterly income increased to INR 662.73 crore from INR 427.51 crore in the corresponding period of the previous year.
• For fiscal 2025–26, net profit rose to INR 100.81 crore, while total income climbed to INR 1,356.93 crore.
• The company continues to expand its presence with a large project pipeline across Bengaluru, Chennai, Pune and West Bengal.Read more

27 May 2026

• RBI announces four-day variable rate repo (VRR) auction of INR 1.50 lakh crore scheduled for May 25.
• Funds will be reversed on May 29, with bidding window set between 9:30 am and 10:00 am.
• Banking system liquidity surplus has narrowed sharply due to recent GST-related outflows.
• Overnight call money rates have risen above the repo rate, prompting additional liquidity infusion measures.Read more

26 May 2026

• NCRTC invites e-tender bids for licensing 818 sq m of commercial space at Sarai Kale Khan Namo Bharat station.
• Spaces to be leased for 9–15 years for retail, food and beverage, and commuter-oriented services.
• Initiative is part of developing station areas into integrated, transit-oriented urban hubs.
• Sarai Kale Khan station is a key multi-modal interchange on the 82-km Delhi–Meerut RRTS corridor.Read more

26 May 2026

• Uzbekistan offers incentives for fintech, AI and digital infrastructure firms, including preferential tax regimes and special economic zones
• Deputy Minister Shokhrukh Gulamov highlights policy push for joint ventures, public-private partnerships and digital infrastructure development
• India–Uzbekistan trade reached USD 1.317 billion in 2025, rising 33.3 per cent year-on-year with strong import-export growth
• 397 Indian-invested enterprises now operate in Uzbekistan as bilateral investment and connectivity deepen across sectorsRead more

26 May 2026

Realty firm Knowledge Realty Trust (KRT), sponsored by Sattva Group and Blackstone, will invest INR 700 crore over the next three years to develop 1.4 million sq ft of office space in Bengaluru. The REIT, which holds a 46.5 million sq ft portfolio across six cities, is also pursuing acquisitions for inorganic expansion. The company reported strong leasing momentum, 92 per cent occupancy, and rising net operating income, driven largely by demand from global capability centres.Read more

26 May 2026

• Yatra Online reported a decline in quarterly profit and revenue during the March 2026 quarter amid geopolitical disruptions affecting international travel demand.
• The company stated that uncertainty linked to the West Asia conflict impacted MICE travel, leading to booking deferrals and cancellations.
• Despite short-term pressures, Yatra reported growth in gross bookings, corporate demand and operational performance across air travel and hotel businesses.Read more

26 May 2026

• RSM US India plans expansion of office space across India, driven by rising demand and talent availability
• Firm currently operates from Gurugram, Hyderabad, Bengaluru and Kolkata with 4 lakh sq ft office space and 3,800 employees
• Leadership highlights India’s growing strategic role in global delivery, moving beyond cost-based outsourcing model
• Company strengthens Global Capability Centre (GCC)-plus positioning across assurance, tax, consulting and shared servicesRead more

26 May 2026

Kayne Anderson Real Estate has announced the final close of its opportunistic equity fund with total commitments of USD 5.12 billion, surpassing its original target and making it one of the firm’s largest real estate investment vehicles to date. The oversubscribed close reflects continued investor interest in opportunistic real estate strategies despite global market uncertainty and higher borrowing costs. The fund is expected to focus on sectors showing long-term demand and value creation opportunities. Institutional investors, including pension funds and sovereign wealth entities, continue to show interest in diversified real estate platforms with flexible deployment strategies.Read more

26 May 2026

Infrastructure projects valued at INR 150 crore and above have recorded a cumulative cost overrun of INR 5.65 lakh crore, according to the latest monthly report for April from the Ministry of Statistics and Programme Implementation. The report tracks 1,981 ongoing projects across 17 central ministries with a revised cost of INR 42.78 lakh crore against an original estimate of INR 37.12 lakh crore. Total expenditure stands at INR 20.36 lakh crore, about 47.59% of revised cost. Around 40% projects have over 80% physical progress, while 14% show over 80% financial completion, with transport and logistics dominating.Read more

26 May 2026

• Park Medi World Ltd will acquire 100 per cent stake in The Medicity Hospital, Rudrapur, in an all-cash deal worth INR 177 crore.
• The acquisition marks the company’s entry into Uttarakhand, expanding its presence to six states.
• The Medicity Hospital is a 330-bed multi-super speciality healthcare facility serving Rudrapur and nearby regions.
• Park Medi World said the deal aligns with its strategy to expand in high-potential and underserved healthcare markets.
• The transaction reflects the growing consolidation trend in India’s hospital and healthcare sector.Read more

26 May 2026

• India’s five listed REITs distributed more than INR 8,900 crore to unitholders during FY26 amid steady demand for commercial real estate assets.
• Over INR 2,566 crore was distributed during the March 2026 quarter to more than 4.25 lakh unitholders, according to the Indian REITs Association.
• The combined gross asset value of India’s REIT market stood at over INR 2.72 lakh crore, while market capitalisation crossed INR 1.70 lakh crore.
• The five listed REITs together manage more than 187 million sq ft of Grade A office and retail real estate assets across the country.
• Industry experts said REITs are emerging as a preferred investment option for domestic and global investors seeking stable and professionally managed yield-generating assets.Read more

26 May 2026

Sri Lanka’s stock market ended higher at the close of the latest trading session, supported by gains in real estate, utilities and industrial stocks. The CSE All-Share Index rose 0.43% to settle at 21,929.64, although the benchmark still recorded a weekly decline of 4.3% amid broader market pressure. SMB Finance PLC and Renuka City Hotels PLC emerged as the top gainers during the session. Market turnover and trading volumes also saw a marginal increase compared to the previous session. While foreign investors continued to remain net sellers, domestic investors maintained buying activity, helping support overall market sentiment.Read more

Pune News Desk

26 May 2026

• Kolte-Patil Developers reported a consolidated net loss of INR 38.08 crore for FY26 amid pressure on revenue and profitability.
• The Pune-based real estate developer witnessed a decline in financial performance despite continued activity across residential projects and ongoing launches.
• The company’s results reflect broader sector challenges linked to project execution timelines, cost pressures and changing market conditions across key housing markets.Read more

26 May 2026

• 99acres reported a pre-tax loss of INR 591.5 million in FY26 despite growth in operating revenue.
• Revenue growth across property listings and advertising was offset by spending on brand promotion, technology and expansion.
• The performance was disclosed in Info Edge (India) Limited’s FY26 results amid continued investments across digital platform businesses.Read more

25 May 2026

Sundaram Alternates Assets Limited has achieved the final close of its real estate credit fund at around INR 2,500 crore, including co-investment commitments. The fund has attracted domestic institutional investors, family offices and high-net-worth individuals, and will focus on structured credit financing for residential and mixed-use real estate projects across major Indian cities. The platform plans to target mid-income and affordable housing developments with emphasis on last-mile funding and project completion financing amid tightening conventional lending conditions for developers.Read more