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
BUSINESS
Data centre industry hails tax holiday, flags mineral, infra concerns
Data centres require a range of critical minerals for various parts, such as semiconductors, server boards and circuitry, heat sinks and the data storage facility, which uses magnets
BUSINESS
Budget 2026: Developers see major data centre push as FM Sitharaman announces data centre tax holiday
Data centres, which require large quantums of investments, land, electricity, and water supply, have become critical to enterprises and hyperscalers due to significant computing needs in the wake of emergence of artificial intelligence tools, and pressure from governments for sovereignty of data
BUSINESS
Budget 2026: FM Sitharaman proposes dedicated REITs to recycle public sector enterprises' land assets
Investors have often called for the government, both and the Union and state level, to accelerate asset monetisation, with governments often having lucrative land parcels located in prime real estate markets
BUSINESS
CJ Roy, developer and flamboyant businessman, dies by suicide after tax raids
Roy was known to be conspicuous with his wealth, often parading his sports cars to his followers, from a Rolls-Royce to a Bugatti
BUSINESS
Ahead of Budget 2026, real estate sector pushes for industry status, faster approvals, land digitisation
Developers have called for single-window clearances, consolidating approvals from multiple authorities on a unified digital platform
BUSINESS
Solar firms fret to replace, cut silver use amid soaring prices
An average solar panel of approximately 2 square metres can use up to 20 grams of silver and utilise 3.2- 8 grams per square metre.
BUSINESS
Economic Survey: Backed by reforms, real estate momentum continuing
The Survey added that the reforms have also caused household savings in the form of physical assets to increase.
BUSINESS
REITs, InvITs broadening real estate monetisation, reducing risk, says Economic Survey
Citing SEBI data, the survey said REITs and InvITs mobilised Rs 13,893 crore in the April-November 2025 period
BUSINESS
Apple India expands Hyderabad facility, leases additional 57,000 sq ft office space
Apple will pay a starting monthly rent of Rs 71.67 lakh for the space which is spread over five floors
BUSINESS
Steelmakers eye India–EU FTA relief on scrap imports amid CBAM hit
The EU is the world’s largest exporter of steel scrap, which is increasingly used as feedstock in EAF-based steelmaking, including in India
BUSINESS
JSW Steel net profit rises 200% to Rs 2,410 crore in December quarter, sales grow
The company's revenue from operations grew 11 percent to Rs 45,219 crore in December quarter.
BUSINESS
After record results, Waaree looks to pivot towards full-service renewables, EU and Middle East markets
The company plans to widen its overseas revenue basket, with the European Union and the Middle East being targeted, besides the United States, where Waaree Energies operates a plant
BUSINESS
L&T Realty to build commercial tower in Lower Parel, acquires land for Rs 300 cr
L&T Realty said in a statement that the property will include a single tower, with 28 office floors, a ground floor, basement, and six podium floors
BUSINESS
Budget 2026: More capex, support for flagship programmes essential for infra sector, say analysts
The Union government had allocated Rs 11.21 lakh crore (budgetary estimates) towards capital expenditure in last year's Union Budget, a growth of around 10% over that of FY25
BUSINESS
Virat Kohli, Anushka Sharma buy 5-acre Alibaug plot for Rs 37 crore
The transaction includes the sale of two adjacent plots in Zirad village near Alibaug in the Raigad district
BUSINESS
Absence of safeguard duty to hit steel companies' margins in Q3, say analysts
The absence of the first stage of the safeguard duty on some grades of imported steel, declared in April 2025 and expiring in the first week of November, was partly responsible for the sluggishness in the price of domestic steel
BUSINESS
ASK Property Fund invests Rs 340 crore in three Mantra Group projects
In a release, ASK Property Fund said that the investment is meant towards Mantra Group's acquisition of two projects through the National Company Law Tribunal's (NCLT) insolvency process, as well as a third project being taken up by the group
BUSINESS
Shree Naman Group, Oberoi Realty emerge top bidders for 11 acre Bandra railway plot
According to tender documents, the plot, wedged between the Western Railway tracks and the Western Express Highway, has a reserve price of Rs 5,365 crore
BUSINESS
Home sales down 1% in 2025, launches down 3%, but observers see momentum steady
A report from Knight Frank India shows that 3,48,207 homes were sold across the top eight markets in India for the year, down from 3,50,612 units in 2024
