BUSINESS
SEBI rents Prabhadevi apartment for chairman Tuhin Kanta Pandey
Lease accommodation for Chairman in accordance with board-approved policy:SEBI
BUSINESS
Gourmet over grocery: India's largest mall operator is asking hypermarkets to scale down as quick commerce bites
The space vacated by large hypermarkets is being taken over by premium gourmet grocery outlets. Nexus also plans to ask multiplexes to reduce their presence in malls, Pratik Dantara, head of strategy and chief investor relations officer, says
BUSINESS
Mumbai: Reserve Bank of India inks major Nariman Point land deal for Rs 3,472 crore
This purchase, according to property experts, is one of the largest in the history of Mumbai, at a price of more than Rs 800 crore per acre
BUSINESS
Mumbai’s housing society redevelopment on 'sticky wicket' over ‘huge’ incentives, warns Knight Frank’s Gulam Zia
The redevelopment segment is on an upturn due to large number of deals being negotiated, but the overall situation remains uncertain, Knight Frank India said, adding that the trend of excessive incentives can render projects unviable.
BUSINESS
Explained: Why developers and housing societies impose excessive transfer charges
While developers are not allowed to impose such charges once a project receives its occupation certificate and once the housing society is formed, investors and sellers said that such charges are commonplace, including from the housing society management committee
BUSINESS
Five years since listing, Mindspace REIT looks to cash in on leasing growth, new developments
Since listing, the REIT's unit prices have risen steadily, increasing by around 39 percent over five years, although vastly trailing the benchmark Nifty 50 index over the same time, which more than doubled
BUSINESS
'Big bang' reforms needed to push demand, private capex; GST cuts not enough: Jamshyd Godrej
The Godrej Enterprises group chairman and MD said that several avenues exist to reform ease of doing business and deregulation
BUSINESS
GST rate overhaul may put India Inc’s systems, supply chains to the test
Current changes are more nuanced the same would require a fair bit of updating of invoicing, accounting, and ERP systems, say experts.
BUSINESS
GST 2.0: Cement makers will have to balance price cuts with healthy margins
The GST council has slashed the rate on cement from 28% to 18%. After a dull FY25, cement manufacturers were hoping to raise prices this fiscal, counting in on higher demand from real estate and infrastructure segments
BUSINESS
Cement GST rate cut expected to spur festive season demand, cut construction costs
The GST Council cut the goods and services tax rate on cement to 18 percent from 28 percent
BUSINESS
Kartik Aaryan buys Rs 2-crore plot in in Alibaug
Kartik Aaryan is the latest celebrity to buy a plot of land in House of Abhinandan Lodha's at Chateau de Alibaug project
BUSINESS
Amid Trump's tariffs, Apple expands Hyderabad hub by 64,000 sq ft for a monthly rent of Rs 80 lakh
The Hyderabad office is a major development hub for Apple Maps, with a focus on geospatial technology and data modeling. The office was officially opened in May 2016 by Apple CEO Tim Cook.
BUSINESS
Despite import drop amid safeguard duty support, steel prices lower than last year
The data showed that while prices in April were largely flat year-on-year, prices declined in June and July, by around 5 percent each over the same period.
BUSINESS
The aspiration is to build an institution that survives beyond me: Abhinandan Lodha
Beyond land, Abhinandan Lodha, through his firm Abhinandan Ventures, is expanding aggressively into vertical housing, boutique hospitality under the Miros brand and education through Rise, while also backing consumer-first businesses via its family-office funded platform Tomorrow Capital.
BUSINESS
Anand Rathi co-founder Pradeep Gupta, wife Priti buy Rs 140-crore apartment in Mumbai's Worli
The apartment is on the 40th floor of the Lodha Sea Face development and has a net area of 10,539 square feet
BUSINESS
Indiqube bets on Indian corporates, GCCs to drive leasing demand, says CEO
Indiqube has signed leasing deals with six Tata group entities, including the group's super-app Tata Neu, as well as Air India. Besides, Indiqube also plays host to companies such as Mahindra Logistics, Aditya Birla Group's UltraTech Cement and the TVS group
BUSINESS
UltraTech Cement to meet 200 MTPA capacity target in FY26, a year ahead of schedule: Kumar Mangalam Birla
In FY25, India's largest cement maker added 42.6 MTPA in capacity, with a large part through acquisitions such as India Cements and Kesoram Industries' cement operations
BUSINESS
Explained: How a Supreme Court judgment unlocks nearly 500 real estate projects across Mumbai and Pune
The Supreme Court last week held that the State Environment Impact Assessment Authority and the advisory body State Expert Appraisal Committee will remain the "competent authorities" to seek environmental clearance for Category B projects in the EIA notification of 2006.
BUSINESS
Backed by price support, cement sector looks at earnings upturn in ongoing fiscal after damp FY25
Cement prices in southern India, a highly fragmented and competitive market, rose the highest, followed by the east, driven by higher infrastructure spending by states like Andhra Pradesh as well as stability after a frenetic year of mergers and acquisitions
BUSINESS
Grasim Q1 net loss widens to Rs 118 crore, revenue up 34 percent at Rs 9,223 crore
Grasim's standalone revenue rose while June quarter operating margin declined to 4.41 percent as against 5.07 percent in the same quarter a year ago.
BUSINESS
REITs push for bank loan access, cite parity with InvITs but govt split on proposal
At present, REITs, rely heavily on equity markets, bond issuances, and other debt instruments like commercial papers, which can be pricier and more susceptible to market fluctuations
BUSINESS
World Bank-backed IFC to invest $150 million in HDFC Capital realty fund, $1 billion corpus targeted
The fund is targeting the development of at least 25,000 homes in the affordable and mid segments, while keeping with green building and sustainability standards
BUSINESS
Trump’s tariff threat could deflate his brand’s appeal in India’s luxury real estate market
While the Trump Organisation does not own any Indian assets directly, its brand licensing model via Tribeca Developers could face short-term sentiment risks as geopolitical rhetoric sharpens.
BUSINESS
K Raheja Corp buys 7.4 acre land parcel for Rs 195 crore to develop residential project in Pune
The company has multiple residential and office projects in Pune. The land has been earmarked for residential construction, and is part of an integrated township project
