29 Oct 2025

Singapore-based firm Lighthouse Canton plans to deploy more than USD 1.5 billion in India over the next three to four years, with over USD 1 billion earmarked for private credit and USD 500 million aimed at real estate. Already having invested over USD 350 million in Indian alternative assets and managing a 1.2 million sq ft life-sciences real-estate portfolio in Hyderabad, the firm is launching an India-focused private credit fund targeted at raising INR 10-15 billion by January 2026. The strategy aligns with rising demand for private credit in India and broadens Lighthouse's presence via seven offices and expansions in Bengaluru and Mumbai.Read more

29 Oct 2025

India is considering a proposal to increase the foreign investment limit in state-run banks from the current 20% to 49%. The Finance Ministry and the Reserve Bank of India (RBI) have been discussing the plan to help government-owned banks attract more foreign capital and bring their rules closer to those of private lenders, which allow up to 74% foreign ownership. The proposal, still under review, includes safeguards such as maintaining a minimum 51% government stake and limiting individual voting rights to 10%.Read more

29 Oct 2025

The Adani Group has committed an additional INR 42,500 crore to expand Dighi Port in Maharashtra's Konkan region, formalised through an MoU with the state government during India Maritime Week. Operated by Adani Ports and SEZ, the port was acquired in 2021 for INR 705 crore, with an initial investment pledge of INR 10,000 crore. The new commitment is part of 15 MoUs worth over INR 56,000 crore, covering port upgrades, shipbuilding, and maritime technology. Other major investments include JSW Group (INR 3,709 crore) and Chowgule Group (INR 5,000 crore). Maharashtra also announced plans for a water taxi service and a marina in Mumbai, reinforcing its maritime growth vision.Read more

29 Oct 2025

Brigade Hotel Ventures reported a notable increase in its profit after tax during the past quarter, reflecting steady momentum in its hospitality operations. The company also recorded healthy revenue growth compared with the same period last year. The management expressed its commitment to expanding its presence across high-growth locations, supported by a robust pipeline of new hotels and strategic brand partnerships. The firm further shared its long-term plans for substantial investment aimed at doubling its current portfolio by the end of the decade.Read more

28 Oct 2025

Tradejini has launched Specialised Investment Funds (SIFs) on its platform, enabling retail investors to participate in hedge fund-style strategies that were earlier limited to high-net-worth individuals. Introduced after SEBI's move to bridge the gap between mutual funds and portfolio management services (PMS), SIFs allow investors to explore dynamic strategies such as long-short equity, sector rotation, and tactical asset allocation. With a minimum investment of INR 10 lakh, these funds combine the flexibility of PMS with the governance and transparency of mutual funds.Read more

28 Oct 2025

Two Indian infra InvITs are set to raise over INR 26 billion (USD 297 million) through debut bond issuances in the coming weeks. Oriental Infratrust is aiming for INR 8.3 billion through three- and 14-year notes, while IRB InvIT Fund plans INR 18 billion via five- and 10-year bonds. Both offerings are rated 'AAA'. InvITs allow investors to earn returns from dividends and capital gains while directly investing in infrastructure projects. The sector has grown steadily, with 27 registered InvITs managing over INR 7 trillion in assets.Read more

28 Oct 2025

Ujjivan Small Finance Bank's Hello Ujjivan app has facilitated financial transactions exceeding INR 690 crore since its launch, enabling digital banking access for first-time microfinance users. The app, primarily catering to women borrowers, integrates voice, visual, and vernacular features in 11 Indian languages, ensuring accessibility across literacy levels. With over 13 lakh downloads, Hello Ujjivan supports loan repayments, deposits, and insurance purchases, while promoting financial literacy through its Digital Diksha feature. Ujjivan SFB plans to expand the app's capabilities by FY26 to further drive financial inclusion and customer engagement.Read more

28 Oct 2025

ITC Hotels reported a rise in its consolidated net profit for the second quarter, reflecting stronger revenue from operations and controlled expense growth. The company earned INR 133.29 crore, up nearly 74% from INR 76.63 crore in the same period last year. Revenue increased to INR 839.48 crore from INR 777.95 crore, while total expenses rose slightly to INR 699.72 crore. Following its demerger and listing earlier this year, ITC Hotels also announced the promotion of Sudhir Gupta to Vice President - Procurement, strengthening senior management.Read more

27 Oct 2025

Axis Finance Limited (AFL) has introduced its new Micro Loan Against Property (Micro LAP) product, Axis Finance Shakti, aimed at enhancing financial inclusion for micro-entrepreneurs, traders, and self-employed individuals. Announced earlier this week on the occasion of Dhanteras, the initiative focuses on simplifying loan access with flexible repayment options, wider collateral acceptance, and minimal documentation, empowering customers from emerging markets to utilise property assets for both personal and business growth.Read more

27 Oct 2025

The Himachal Pradesh government has approved central assistance worth INR 3 crore under the Pradhan Mantri Awas Yojana (Urban) 2.0 - BLC component to support 117 eligible families in Una district. Each beneficiary will receive INR 2.5 lakh in four instalments to construct or upgrade their homes. The approval forms part of a larger district-wide plan covering 256 houses across various towns, with a total outlay of INR 6.40 crore. Beneficiaries have been instructed to begin construction immediately and complete it within a year.Read more