26 Jun 2026

JSW Infrastructure's qualified institutional placement (QIP) received strong investor interest, attracting bids worth more than INR 50,350 crore against an indicative issue size of up to INR 7,503 crore. The issue saw participation from major domestic and international institutional investors, reflecting confidence in the company's port and logistics expansion plans. The funds will support greenfield port development, strategic acquisitions and debt reduction. The response also highlights investor optimism around India's growing infrastructure sector and JSW Infrastructure's long-term plans to expand capacity and strengthen its logistics network.Read more

26 Jun 2026

The Delhi government has approved a health scheme offering registered construction workers and their families cashless medical treatment cover of up to INR 10 lakh. The decision was taken at a cabinet meeting chaired by Chief Minister Rekha Gupta. Named the Delhi Building and Construction Workers Health Scheme, the initiative is expected to benefit around 2.70 lakh registered workers and cover close to 10 lakh people in total, including family members. The government has estimated an annual expenditure of approximately INR 200 crore on the scheme.Read more

26 Jun 2026

Grasim Industries has completed its INR 2,880-crore investment in Aditya Birla Capital through a preferential allotment of equity shares, slightly increasing its stake in the financial services arm. The capital infusion forms part of Aditya Birla Capital’s INR 4,000-crore fundraise aimed at strengthening its balance sheet and supporting future growth. International Finance Corporation (IFC) and group entity Suryaja Investment also participated in the issue, which will be used to augment capital and expand lending operations.Read more

Delhi News Desk

25 Jun 2026

• National real estate developers have increased their share of NCR's housing supply from 3% in 2022 to over 13% by the end of 2025.
• More than 15,000 housing units have been launched by national developers across NCR since 2022, led by Godrej Properties, Prestige Estates and Sobha.
• Gurugram remains the biggest growth market, attracting nearly half of all launches by national developers.
• Rising demand for branded housing, stronger buyer confidence and large infrastructure projects are driving this expansion.
• The trend is reshaping NCR's residential market, which was traditionally dominated by regional developers.Read more

Mumbai News Desk

25 Jun 2026

The Maharashtra Housing and Area Development Authority (MHADA) expects investments of around INR 4 lakh crore across its 925-acre redevelopment pipeline under the Construction and Development Agency (C&DA) model. Spread across 11 projects in Mumbai, the initiative is expected to deliver around 75,000 rehabilitation tenements and nearly 30,000 MHADA homes while benefiting more than 80,700 residents. The programme has drawn interest from major developers including Adani Group, Reliance Industries, Lodha Developers and JSW Group, underscoring growing private-sector participation in large-scale urban renewal projects.Read more

25 Jun 2026

• JSW Infrastructure has initiated a Qualified Institutional Placement (QIP) alongside a promoter stake sale, with the combined fundraising exercise expected to be worth about INR 7,500 crore.
• The company has set a floor price of INR 290.35 per share and opened the issue for institutional investors after securing necessary board and shareholder approvals.
• Proceeds from the fresh equity issue are expected to support expansion plans, strengthen the balance sheet and fund future infrastructure investments.
• The transaction also includes an offer for sale by the promoter group, aimed at improving market liquidity and broadening institutional ownership.Read more

25 Jun 2026

The National Bank for Agriculture and Rural Development (NABARD) has appointed G Ramesh Kumar as the Chief General Manager of its Assam regional office. Kumar succeeds Loken Das and has assumed charge with immediate effect. With more than three decades of experience in banking and finance, Kumar has worked extensively in rural and development banking, project finance and corporate debt financing. Prior to his posting in Assam, he headed NABARD’s Business Operations vertical for over four years. He has also held leadership positions at NABSAMRUDDHI Finance and NABCONS, contributing to financial sector development, consultancy assignments and institutional strengthening initiatives across the banking ecosystem.Read more

24 Jun 2026

India’s eight core infrastructure sectors recorded a growth of 0.5% in May, marking the slowest expansion in seven months, according to government data released on 22 June. The moderation was driven by lower production across coal, crude oil, natural gas, refinery products and fertilisers. The growth rate was lower than the 1.8% recorded in April and 1.2% in the corresponding month last year. During the first two months of FY2026-27, cumulative growth in the core sectors remained at 1.1%. The latest data points to continued pressure on key industrial segments that form the backbone of the country’s infrastructure and manufacturing activity.Read more

24 Jun 2026

Accenture has leased 10.16 lakh sq ft of office space at Aparna Technopolis in Kondapur, Hyderabad, under a 10-year agreement, reflecting continued demand from multinational occupiers and Global Capability Centres (GCCs) in India’s office market. According to data reviewed by CRE Matrix, the lease agreement between Aparna IT Hub LLP and Accenture Solutions Pvt Ltd was registered on 10 June. The office space has been leased in two phases at a rental rate of INR 74 per sq ft, with the combined starting monthly rental commitment exceeding INR 7 crore. The transaction is among the larger office leasing deals in Hyderabad and highlights sustained occupier interest in premium commercial assets across key technology markets.Read more

Mumbai News Desk

24 Jun 2026

More than 160 farmers and landowners in Raigad district have consented to land acquisition for MMRDA’s proposed Third Mumbai project. The acquisition covers 124 villages across Uran, Panvel and Pen talukas within the 323.44 sq km Karnala-Sai-Chirner New Town area. Landowners are being offered compensation through cash, TDR, FSI or developed land. The project is planned near major infrastructure assets including Navi Mumbai International Airport and Atal Setu, with MMRDA leading the development process.Read more