03 Jul 2026

JSW Infrastructure has raised INR 7,503 crore through a Qualified Institutional Placement (QIP), comprising a primary issue of INR 6,555 crore and a promoter offer-for-sale. The capital will fund the company's INR 39,000 crore multi-year capital expenditure programme, strengthen its institutional investor base and support compliance with minimum public shareholding norms. The transaction is the first in India to combine a primary issuance and promoter OFS within a single QIP structure.Read more

03 Jul 2026

Inox Clean Energy Limited has secured INR 700 crore in fresh funding from Rising Sun Holdings Pvt Ltd, part of the Adar Poonawalla Family Office, at a valuation of INR 70,000 crore. The investment follows an earlier INR 800 crore infusion from CalPERS and strengthens the company's financial position as it expands its renewable energy and solar manufacturing businesses. The funding reflects continued investor confidence in Inox Clean's growth strategy, execution capabilities, and long-term plans, including scaling its renewable energy generation and integrated solar manufacturing capacities by FY28.Read more

03 Jul 2026

The Municipal Corporation of Delhi (MCD) has extended the deadline for property owners to avail a 10% rebate on lump-sum property tax payments for the 2026–27 financial year until July 31. The concession was previously available for payments made by June 30. The civic body said the extension aims to give more taxpayers an opportunity to benefit from the rebate, particularly those who were unable to make payments within the original timeframe. Delhi Mayor Pravesh Wahi stated that the decision would support timely tax compliance while strengthening the corporation's revenue base, which is used to fund civic infrastructure, sanitation, healthcare, public amenities and other municipal services across the national capital.Read more

03 Jul 2026

• BSE Index Services has launched India’s first dedicated REIT and Commercial Real Estate Index, offering a benchmark for listed REITs and commercial real estate companies.
• The new index is expected to support the launch of ETFs, index funds and other passive investment products linked to the commercial real estate sector.
• It includes listed REITs and companies with significant commercial real estate exposure while capping individual stock weight at 20 per cent to ensure diversification.
• The launch comes as India's REIT market continues to expand, backed by rising institutional investments and growing investor interest in income-generating commercial assets.Read more

03 Jul 2026

Renfra Energy India has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise INR 430 crore through a fresh issue of equity shares as part of its proposed initial public offering (IPO). The issue also includes an Offer-for-Sale (OFS) of nearly 47.95 lakh equity shares by existing shareholders, while the company's promoters will retain their holdings. The proceeds will be used to reduce debt, meet working capital requirements and support corporate needs. The Tamil Nadu-based renewable energy EPC company reported strong financial performance in FY26 and continues to expand its renewable energy project portfolio.Read more

03 Jul 2026

KKR has agreed to acquire the operations and assets of EDF Power Solutions in the US and Canada in a deal valued at around USD 4.2 billion, with additional payments of up to USD 390 million linked to certain conditions. The acquisition comes as French utility EDF looks to strengthen its finances to support its domestic nuclear power business and new reactor projects. For KKR, the deal expands its renewable energy portfolio at a time when electricity demand is rising due to AI data centres, electrification and the broader energy transition.Read more

03 Jul 2026

India's household debt rose to 45.5% of the country's gross domestic product (GDP) as of March 2026, driven primarily by growth in non-housing retail loans, according to the Reserve Bank of India's (RBI) latest Financial Stability Report (FSR). Non-housing retail loans accounted for 58.4% of total household borrowings, continuing to outpace housing, agriculture and business loans. While household leverage has increased beyond its five-year average, the RBI noted an improvement in borrower quality, with a larger share of credit held by prime-rated borrowers. The report also highlighted a shift in housing finance towards higher-value loans, while non-performing housing loans continued to decline.Read more

03 Jul 2026

Bengaluru recorded a marginal 1% year-on-year increase in housing sales during the April–June quarter, with 15,285 residential units sold despite an 8% rise in average property prices, according to Anarock. The city outperformed the seven major Indian residential markets, where overall sales declined 6% amid global uncertainties. New housing launches in Bengaluru surged 41% to 21,670 units, with nearly 96% of the supply concentrated in the premium and luxury segments priced at INR 80 lakh and above. The increase in project launches helped sustain demand, although it also pushed unsold inventory to 79,180 units by the end of the quarter.Read more

02 Jul 2026

• APSEZ and the Mediterranean Shipping Company (MSC) Group have signed binding agreements worth USD 1.4 billion to expand their long-standing partnership in India's ports and logistics sector.
• As part of the deal, MSC will acquire a 50% stake in Adani Ennore Container Terminal Pvt. Ltd. (AECTPL), strengthening collaboration in container terminal operations.
• The two companies will also establish a 50:50 joint venture to develop and operate the North Tug Berth container terminal at Nhava Sheva, enhancing container handling capacity at one of India's busiest ports.
• The partnership is expected to improve port infrastructure, boost operational efficiency, support growing maritime trade and reinforce India's position as a major global logistics and shipping hub.Read more

02 Jul 2026

Property registrations in Mumbai increased 16% year-on-year to 13,413 units in June, marking the highest level recorded for the month in the past 14 years, according to Knight Frank India. The registrations, based on data from the Maharashtra Department of Registrations and Stamps, cover transactions in both the primary and secondary property markets within the Brihanmumbai Municipal Corporation (BMC) limits. The strong performance comes despite a high base in the corresponding period last year, when 11,599 properties were registered. Knight Frank attributed the growth to sustained end-user demand and continued confidence among homebuyers, reflecting the resilience of Mumbai's residential market.Read more