SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Taxation & Finance News

JSW MG Motor India to invest INR 1,400 crore in FY27 to expand Halol plant and boost localisation

3 hours ago

• JSW MG Motor India will invest INR 1,400 crore in FY27 to expand manufacturing capacity, increase localisation and support new product development in India.
• The investment will raise annual production capacity at the Halol, Gujarat, plant from 1.2 lakh units to 1.6 lakh units by March 2027.
• The company plans to launch four new passenger vehicles during the financial year, spanning electric, hybrid and internal combustion engine segments as part of its multi-powertrain strategy.
• JSW MG Motor India will also increase localisation levels, with the MG Windsor expected to surpass 70 per cent local content, aiming to strengthen domestic manufacturing and reduce supply-chain dependence.
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Gujarat tops NITI Aayog’s Investment Friendliness Index, Maharashtra and Tamil Nadu follow

20 Jul 2026

Gujarat has secured the top position in NITI Aayog’s Investment Friendliness Index for states and Union Territories, followed by Maharashtra and Tamil Nadu. The assessment highlights Gujarat’s strong performance in infrastructure, financial health and regulatory ease, making it the highest-ranked state for attracting investments. While releasing the report, NITI Aayog Vice Chairman Ashok Kumar Lahiri said India needs to increase investments to support economic growth and strengthen demand. The index is aimed at helping states improve their investment ecosystem and competitiveness.Read more

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India’s new project announcements hit two-decade low as home sales fall to a three-year low

20 Jul 2026

India witnessed a sharp slowdown in both investment activity and residential housing demand during the June quarter, with new project announcements falling to their lowest level in nearly two decades, according to Centre for Monitoring Indian Economy (CMIE) data. At the same time, home sales across the country’s eight largest cities declined to a three-year low amid geopolitical tensions, high property prices and cautious buyer sentiment. While government-backed infrastructure projects continued, private sector investment remained subdued, signalling a broader moderation in economic and real estate activity.Read more

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Four public issues, including Cube Highways Trust InvIT, to open next week

20 Jul 2026

India's primary market is set for another active week with four public issues scheduled to open for subscription, including the INR 5,000 crore Infrastructure Investment Trust (InvIT) issue of Cube Highways Trust and the initial public offerings of Indo MIM, Lohia Corp and Xtranet Technologies. The issues are expected to attract investor interest across infrastructure, manufacturing and technology sectors. Cube Highways Trust has already secured INR 1,250 crore from strategic investors ahead of its public issue, while the three IPOs collectively represent fundraising across precision engineering, technical textiles and information technology. So far this year, 32 companies have entered the primary market through maiden public offerings, with another IPO currently open for subscription.Read more

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RBI bars banks from selling seized immovable assets back to defaulting borrowers

20 Jul 2026

• The Reserve Bank of India (RBI) has issued new directions prohibiting banks and non-banking financial companies (NBFCs) from selling repossessed immovable properties back to defaulting borrowers or their related parties.
• The revised norms require lenders to dispose of such assets within seven years of acquisition, with limited extensions allowed under specified conditions.
• The framework aims to improve transparency in the disposal of stressed assets, strengthen recovery practices and discourage borrowers from regaining assets after default.
• The guidelines form part of RBI's broader framework governing the acquisition, management and disposal of assets recovered through loan defaults.
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Mukand to sell nine-acre Kalwa land parcel to AGP DC Infra for INR 506 crore

20 Jul 2026

Mukand Ltd, part of the Bajaj Group, has signed a term sheet to sell nearly nine acres of land in Kalwa, Thane, to AGP DC Infra Private Ltd for approximately INR 506 crore. The transaction marks another significant land monetisation deal in the Mumbai Metropolitan Region, where industrial land parcels continue to attract strong developer interest. The proposed sale is expected to unlock value from Mukand's non-core assets while providing AGP DC Infra with a strategically located development opportunity.Read more

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Hyderabad housing sales rise 1% in H1 2026 as office leasing hits a record high: Knight Frank

19 Jul 2026

Hyderabad's residential market held steady through the first half of 2026, with home sales inching up 1 percent year-on-year to 19,249 units even as new launches slipped 2 percent, according to Knight Frank India. Property prices rose 7 percent on average, led by Banjara Hills. Meanwhile, the city's office market outperformed, recording its best-ever first-half leasing volume at 7.5 million sq ft, a 29 percent jump, driven largely by Global Capability Centres. Vacancy levels tightened despite fresh supply entering the market.Read more

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OTU India to expand workforce management platform after strategic investment from Tally Solutions

19 Jul 2026

OTU India, owned by Kaamlo Platform Pvt Ltd, plans to accelerate the development of its workforce management platform following a strategic investment from Tally Solutions. The company will use the funding to enhance its flagship OTUHRPLUS platform, expand customer acquisition and strengthen its presence across India over the next 12 to 24 months. OTUHRPLUS digitises employee management processes, including recruitment, attendance, payroll and shift scheduling, with a particular focus on manufacturing and construction businesses. The company expects to achieve operational break-even during the current financial year and is evaluating a Series A funding round to support international expansion. A key element of the partnership is the integration of OTUHRPLUS with TallyPrime to streamline workforce and payroll management.Read more

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Homebuyers place greater emphasis on long-term value beyond location and price, says Smartworld Developers

19 Jul 2026

Homebuyers in India's residential real estate market are increasingly assessing projects on long-term value creation rather than relying solely on location and pricing, according to Smartworld Developers. The developer said buyers are now evaluating factors such as infrastructure growth, capital appreciation, construction quality, execution standards, lifestyle amenities and developer credibility before making purchasing decisions. As regulatory reforms, improved infrastructure planning and greater market transparency reshape the housing sector, residential developments are increasingly being judged on their ability to deliver sustained value, quality living experiences and dependable execution throughout the ownership lifecycle.Read more

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Bansal Family outlines INR 10,000 crore FY27 investment plan as real estate portfolio reaches INR 1.28 lakh crore GDV

19 Jul 2026

The Bansal Family, through M3M India and Smartworld Developers, has announced plans to invest around INR 10,000 crore during FY27 towards construction activities and strategic land acquisitions as its real estate portfolio surpasses a Gross Development Value (GDV) of INR 1,28,731 crore. With a fully paid land bank exceeding 3,000 acres across the National Capital Region (NCR), of which only about 26% has been utilised, the Group retains significant development potential. The family stated that it remains net debt-free, entirely promoter-owned and investment-grade rated. Its portfolio spans luxury housing, branded residences, retail, office and industrial developments, while ongoing expansion in Gurugram and Noida reflects its continued focus on the NCR market.Read more

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