BUSINESS
Despite war, big money continues to flow into Dubai's real estate
From February 28, the day hostilities broke out, to March 12, more than 4,800 real estate transactions were reported in the Dubai, according to data from the Dubai Land Department, with the transactions worth nearly AED 16 billion
BUSINESS
Tata Sons leases Ratan Tata's former home from subsidiary for Rs 17.6 lakh a month
The lease was effective from October 10, 2024, being valid for a five year-period. Ratan Tata took up residence at the property after he stepped away from an active role at Tata Sons in 2012
BUSINESS
Up and running: Mumbai is growing taller, BMC wouldn’t mind
Development charges, which include FSI, are the civic body’s second biggest revenue stream now. For FY26, against a projected Rs 9,700 crore, the BMC has already earned Rs 8,138 crore till January.
BUSINESS
Supply shock: Fertiliser, city gas, trucking firms scramble for alternatives as Iran war chokes LNG supplies
Given the significant supply disruption, the industry is poised to face difficulties in meeting the gap in supplies through the spot LNG market as spare supplies may be limited.
BUSINESS
Amitabh Bachchan buys 2.67-acre Ayodhya plot from House of Abhinandan Lodha for Rs 35 cr
The plot is located near HoABL's flagship Sarayu development at the temple town in Uttar Pradesh, where Bachchan owns two more plots
BUSINESS
ICICI Prudential Alts steps up real estate play, acquires fourth office property for Rs 520 crore
The deal was signed in February, the fourth such transaction by ICICI Prudential AMC’s Rs 2,000 crore-ICICI Prudential Office Yield Optimiser Fund
BUSINESS
How Indian EPC firms with Middle East exposure are evaluating the current crisis
Indian engineering firms, such as Larsen & Toubro (L&T), RPG Group-promoted KEC International, Kalpataru Projects International Ltd (KPIL), as well as others, have actively sought business development in the Gulf countries, particularly Saudi Arabia and the UAE
BUSINESS
Indian developers in UAE expect 'temporary' disruption as US-Iran war spills over, say Dubai story intact
The conflict has created temporary uncertainty but underlying fundamentals remain resilient, say developers who see the crisis as a ‘one-off event’
BUSINESS
Mumbai property registrations up 8% in February, mid-premium segment dominates
The state government netted a stamp duty of Rs 1,134 crore, 21 percent over the year-ago period and 12 percent more than January
BUSINESS
Can India’s paint giants protect margins as crude oil prices rise amid Iran tensions?
According to a senior paint industry observer, a prolonged conflict may force the hand of paint makers, leading to a moderate price increase. In the near-to-medium term, however, the firms may choose to wait and watch and keep prices as it is, to maintain market share and stabilise supply chains.
BUSINESS
Dubai brokers expect real estate deals to be delayed for months as new Middle East crisis unfolds
Dubai's real estate market saw a record sales value of around $187 billion for 2025 across more than 215,000 transactions, with deals driven by luxury property sales, and increased purchases by Indians and other nationals
BUSINESS
Ambuja Neotia Group partners with Apeejay Surrendra for Park-branded Kolkata residences
Out of the 69 planned homes in the project, 35 have been launched in the first phase, of which 25 have been sold. The four and five-bedroom apartments, designed by American firm Gensler, have a starting price of Rs 8.31 crore
BUSINESS
India needs 20% global data centre capacity with increasing data needs, says RMZ
RMZ, though multiple public private partnerships with state governments such as Maharashtra, Andhra Pradesh, and Karnataka, is deploying around Rs 2.8 lakh crore towards the development of data centres in these states, over the next decade
BUSINESS
Credai asks NITI Aayog for policy tweaks to lend a hand to affordable housing
Credai has sought granting of core infrastructure status to affordable housing, saying it can help in unlocking funds
BUSINESS
Grasim remains confident of Birla Opus break-even in three years; market share in single digits
While Grasim has not started disclosing its financials from its paints business, analysts have estimated quarterly revenue run rates of around Rs 1,100 crore to Rs 1,200 crore from Birla Opus
BUSINESS
Grasim Industries Q3 results: Consolidated revenue rises 25% YoY to Rs 44,312 cr; net profit up 42%
The company said that the earnings growth was led by strong performance in segments such as cement, paints, chemicals, and its B2B platform Birla Pivot
BUSINESS
Tata Steel's management says safeguard duty places industry on stronger stead
The management said that the company plans to make more investments towards downstream facilities in India, as it plans to expand its market share in its new India-first strategy
BUSINESS
Tata Steel defends safeguard duties, says needed for cash flows and capex
In 2025, the company's managing director and CEO T.V. Narendran lamented that with low steel prices and margins, and without adequate support from safeguard duties, the industry may not have the rationale to make large-scale investments into steel projects
BUSINESS
Tata Steel welcomes CBAM exclusion from India-EU FTA, calls it "equalisation" on overseas steel
Due to the CBAM, steelmakers exporting to the EU face varying tariffs based on the "intensity" of carbon emissions (carbon dioxide emissions per tonne), while India's duty-free stel export quota to the EU has also been reduced
BUSINESS
Tata Steel to respond to CCI probe, says pricing influenced by global movements not collusion
Earlier this year, Reuters reported that an anti-trust probe initiated on 28 steel makers, including Tata Steel and JSW Steel, has found that these companies have breached antitrust rules by colluding over pricing
BUSINESS
The rise and rise of Aspect Realty’s Mohit Kamboj
Originally a jeweller, the politically well-connected Kamboj's move into real estate has been pronounced, under the Aspect Realty brand, with 17 projects across Mumbai, largely through slum rehabilitation
BUSINESS
RBI's allows banks to lend to REITs, experts say will bring down cost of capital
Banks are generally not allowed to lend to REITs, either at the investment managers' level or at the level of their numerous special project vehicles but that is about to change
BUSINESS
ArcelorMittal Nippon Steel announces 'green steel' certification, says customers to benefit
AM/NS' chief executive officer Dilip Oommen said that while the hot rolled coil and sheets received a four-star rating, the cold rolled products received a three-star rating under the government's taxonomy
BUDGET
Budget 2026: High-speed rail may help realise Mumbai-Pune 'integration dream'
Though Mumbai and Pune are around 150 km apart, inadequate transport connections, especially trains, have been an impediment in bringing the cities closer
