BUSINESS
How the Ambuja-ACC-Orient merger will help Adani streamline Rs 35,000-crore cement business
According to a presentation circulated by Ambuja Cement, its move to merge the three entities into one will help simplify the manufacturing and logistics networks associated with the multiple firms that form part of Adani's cement universe.
BUSINESS
Expect more REITs to hit the market in 2026: CBRE India
India now has five listed REITs, some backed by major developers, with others floated by major funds such as Blackstone and Brookfield.
BUSINESS
India closes 2025 with a solar capacity glut, faces utilisation, margin test next year
Module and cell margins and growth visibility beyond the traditional module and cell segment are key concerns for domestic PV manufacturers, says DAM Capital.
BUSINESS
Explained: Trump Media’s Rs 1 lakh-crore bet to put Telangana’s Future City on global real estate map
The Future City is expected to anchor sectors such as semiconductors and electronics manufacturing, electric vehicles and advanced mobility, green energy, artificial intelligence, data centres, and life sciences.
BUSINESS
Eyes on untapped luxury markets: Harshavardhan Neotia redefines Ambuja Neotia Group’s success metric
AmbujaNeotia, which owns nine hotels that are run by IHCL under a number of brands, has signed up more than a dozen new properties with them, five of which are under construction
BUSINESS
ArcelorMittal leases 1 lakh sq ft Pune office to set up GCC, paying Rs 63 lakh rent per month
ArcelorMittal took up the space through two leases starting May 2025, leasing a total of four floors at the property, owned by Temasek-backed CapitaLand India Trust (CLINT)
BUSINESS
Plan to get Rs 20,000 crore worth of SM REITs over 3-4 years, says Alt's Kunal Moktan
Alt has floated both of India's first two SM REITs, Propshare Platina and Propshare Titania, located in Bengaluru and Mumbai respectively
BUSINESS
Birla Estates' KT Jithendran is not one for short-term thinking
Jithendran joined Birla Estates in 2016, and has built the real estate business of the Aditya Birla Group almost from the ground up. While the brand equity has helped scaling up, he notes that the firm's long-term project selection and execution will be crucial in deciding its future
BUSINESS
Brookfield to develop 2 million sq ft GCC in Mumbai's Powai, to house major multinational bank
The six-acre land parcel is being developed by a Brookfield venture, with its partner BS Sharma, in an agreement with the Mumbai Metropolitan Region Development Authority (MMRDA)
BUSINESS
Tata Steel goes all in on the domestic market, with acquisitions, expansion plans
On December 10, Tata Steel announced the acquisition of a majority stake in iron ore pellet maker Thriveni Pellets for Rs 636 crore. It has also consolidated its downstream subsidiaries, and announced an expansion in its subsidiary Neelachal Ispat Nigam
BUSINESS
Revival and repurposing: New futures await for India's ghost malls, says Knight Frank report
Of the 365 shopping centres surveyed by Knight Frank in the Think India Think Retail 2025 report, 74 were classified in the ghost category, representing around 15.5 million square feet space
BUSINESS
Welspun One to invest Rs 550 crore in Talegaon warehousing project
The land parcel, located in the heavily-industrial Talegaon-Chakan belt, will enable the use of the logistics space as a first-mile facility for the variety of industries in the neighbourhood
BUSINESS
Moody’s upgrades outlook on Adani Group asset pools to 'stable'
Moody’s said the combination of stable cash flows, conservative debt structures and asset ring-fencing remains central to its improved outlook
BUSINESS
Developers are selling clean air along with their homes
While much of the supply of such properties, which are often branded as "AQI homes", are coming from Tier-II markets such as Indore and Ahmedabad, some major cities are also getting in on the game, such as Pune.
BUSINESS
Smartworks leases 1.68 lakh sq ft space in 2 Kolkata campuses to Wipro
It is the the largest flex office deal in Kolkata, Smartworks has said, adding it is scaling up enterprise solutions to meet escalating demand
BUSINESS
JSW Steel eyes sharp deleveraging after Bhushan Steel deal with Japanese firm
JSW sells stake in subsidiary Bhushan Steel to JFE Steel. The total debt reduction for JSW Steel, expected to take full effect in the first half of FY27, is around Rs 37,250 crore.
BUSINESS
Supreme Court gives Lodha relief in Juhu Centaur case, orders ED to release attached property
The order, dated November 11, also ordered the ED to return Rs 520.80 crore that Lodha had deposited with the agency, along with any accrued interest, within two weeks of the order
BUSINESS
Mt K Kapital launches $450-million private credit fund, GPs commit $100 million
Founder and managing partner Binitha Dalal tells Moneycontrol that Mt K Kapital has secured commitments from several institutions for the fund
BUSINESS
Embassy REIT drops plan to sell Quadron in Pune, says open to 'accretive' acquisitions
In an interview to Moneycontrol, Embassy REIT CEO Amit Shetty lists inorganic acquisitions as one of five growth levers alongside fresh leases, rental escalations, re-leasing spreads and organic additions
BUSINESS
CPP Investments and IndoSpace joint venture purchases six logistics parks for $300 million
The new parks are located in Mumbai, Delhi, Chennai, Bengaluru, and Pune. In a release, IndoSpace Core stated that CPP Investments is committing around Rs 1,400 crore to fund the acquisition
BUSINESS
MahaRERA issues SOPs for homebuyers to recover compensation, warns developers of jail term over non-compliance
If homebuyers are not compensated within 60 days of a directive by the MahaRERA, an application of non-compliance can be filed with the authority, the published SOP has said.
BUSINESS
Casagrand, Blackstone to co-develop 4.2 mn sqft industrial, warehousing park with Rs 700-cr investment
Blackstone is expected to invest around Rs 700 crore towards building the facilities, expected to be ready for operations in around 30 months
BUSINESS
Adani Group readies Rs 7,000 crore war chest to dominate India's ammunitions market
At its 500 acre facility near Kanpur, Adani Defence is currently manufacturing small caliber ammunition of multiple dimensions, with a current capacity of 150 million rounds per annum, scalable to 500 million rounds
BUSINESS
Can Tata Steel make Vande Bharat's wheels? MD says a business case is a must
The continuous supply of railway wheels has become crucial for the Indian Railways, which is planning to expand the network of its flagship Vande Bharat Express service
