08 Jan 2026

Inox Clean Energy has raised INR 3,100 crore through an equity funding round, diluting nearly 6 per cent stake at a pre-money valuation of about INR 50,000 crore. The round saw participation from major global and domestic investors, including CalPERS and several family offices. The funds will be used to expand IPP and solar manufacturing capacity and support the company's target of 10 gigawatts by FY28. The fundraise follows recent acquisitions adding 1.6 gigawatts of renewable assets.Read more

Mumbai News Desk

08 Jan 2026

The Railway Land Development Authority (RLDA) has received a bid of INR 1,368 crore from Dineshchandra R Agrawal Infracon for the redevelopment of the nearly six-acre Supari Baug colony in central Mumbai's Parel area. The land is being offered under a revenue share model with a 99-year lease. The effective reserve price was set at INR 1,343 crore after carving out INR 390 crore for the rehabilitation of the existing railway colony. The single bid will undergo technical and financial evaluation, while authorities may consider re-tendering to attract more competition.Read more

08 Jan 2026

Adani Enterprises Limited (AEL) successfully raised INR 1,000 crore through its latest public issue of non convertible debentures, which was fully subscribed in around 45 minutes. The base portion of INR 500 crore was taken up in just 10 minutes, reflecting strong demand from retail, institutional, and non institutional investors. The bonds, carrying yields up to 8.90 per cent, are rated by CARE Ratings and ICRA and will be listed on both BSE and NSE. The proceeds are intended for debt repayment and general corporate purposes, reinforcing investor confidence in the company.Read more

08 Jan 2026

Mangaluru City Corporation (MCC) has launched a comprehensive ward-wise property survey to improve property tax records and increase revenue collection. The survey started with an initial phase covering three wards and is planned for all 60 city wards. With records showing 2,22,256 properties and around 90,000 yet to be verified, the survey aims to identify unassessed buildings, new constructions, and unregistered units. Revenue officials have prepared the process with discussions on inspection methods and data collection tools to ensure accurate and reliable property information.Read more

07 Jan 2026

CMS Info Systems has signed a 10-year, INR 1,000 crore contract with SBI to manage 5,000 ATMs nationwide, marking the first major direct cash outsourcing deal for a public sector bank. The contract, expected to generate an additional INR 500 crore in revenue, focuses on improving cash efficiency and ATM uptime for millions of customers. CMS played a vital role in stabilizing ATM operations during disruptions in 2025, and the announcement boosted the company's share price significantly.Read more

07 Jan 2026

Maharashtra has emerged as the top state in India for railway infrastructure, currently executing 35 major projects valued at approximately INR 3.5 lakh crore. The state's focus includes suburban expansion, new rail lines, gauge conversion, multi-tracking, and major station redevelopment. Among these, the Mumbai Urban Transport Project Phase III A is the largest, aimed at easing congestion on the suburban network. Compared to other states like Uttar Pradesh, Gujarat, Bihar, and Andhra Pradesh, Maharashtra not only leads in project count but also in the total investment committed, reflecting long-term rail growth.Read more

07 Jan 2026

Housing sales across eight major Indian cities showed limited growth last year, totaling over 3.48 lakh units, according to Knight Frank India. While sales remained mostly stable, average prices increased significantly, reaching up to 19 per cent in some areas. Cities like Chennai and Hyderabad reported sales growth, whereas Delhi-NCR and Pune experienced declines. Falling home loan rates, economic growth, and lower inflation helped sustain demand. NRIs now contribute 12-15 per cent of housing sales, a sharp rise from a decade ago, reflecting their growing role in the market.Read more

07 Jan 2026

Investment intentions in India continue to be heavily skewed towards infrastructure and industrial sectors, with proposals worth INR 26.62 lakh crore recorded between April and December of this fiscal year, surpassing last year's numbers. Electricity, chemicals, and metals led the way, while consumer-focused sectors contributed under 3 percent of total announcements. Andhra Pradesh, Odisha, and Maharashtra together accounted for nearly half of all proposed investments. Experts note that while industrial investment is rising, greater participation from consumer-driven industries is essential to ensure balanced economic growth and long-term sustainability.Read more

07 Jan 2026

E to E Transportation Infrastructure has won a contract worth INR 27.35 crore from South East Central Railway for signalling and telecommunication works on the fourth line between Durg and Durg Link Block stations. The project will be completed over an 18 month period and involves installation of signalling systems, telecommunication networks, and Distributed Electronic Interlocking at Durg station integrated with Durg Link Block. The contract, awarded through competitive bidding, requires a 5% performance guarantee. This win comes soon after the company's strong market debut on the NSE SME platform.Read more

07 Jan 2026

Institutional investments in Indian real estate reached an all-time high in 2025, reflecting sustained confidence in the sector despite global economic uncertainties. Total inflows rose sharply year-on-year, driven primarily by a significant surge in domestic capital, even as foreign investments moderated. Office assets remained the largest beneficiary, followed by residential and industrial and warehousing segments, highlighting investors preference for income-generating and structurally strong asset classes. The data indicates a maturing investment landscape where domestic institutions, family offices and listed platforms are playing a more decisive role. Looking ahead, strengthening domestic capital pools, improving global risk sentiment and India's stable economic fundamentals are expected to further support institutional participation in the real estate market.Read more