REAL-ESTATE
Four listed REITs distribute more than Rs 1,500 cr in Q4, says industry body
The four REITs that are part of the Indian REITs Association are Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust, and Nexus Select Trust
BUSINESS
Lodha Ventures rebrands itself into Abhinandan Ventures after settlement with Macrotech
In a clarification to the release, the company added that it has applied for a cancellation of the "Lodha Ventures" trademark, in accordance with the settlement that Abhinandan Lodha reached with his elder brother Abhishek, the managing director of Macrotech Developers
BUSINESS
Q4 results: Tata Steel profit jumps on cost declines, higher volumes, but pricing hurts topline
The company’s revenue fell 4.2 percent to Rs 56,218.11 crore in the reported quarter compared to Rs 58,687.31 crore in the year-ago period, the filing said. Tata Steel recommended a dividend of Rs 3.60 per share for FY25
BUSINESS
Wider sourcing and shipping, better emergency preparedness: what India Inc learnt from conflict with Pakistan
Industry experts say that while there are practical considerations regarding logistics and warehousing and their spread across India, companies may try to broaden their sourcing and shipping bases in anticipation of any future crises
BUSINESS
Indo-Pak Standoff: How the real estate sector fares in times of war
Experts said that past wars and conflicts have taught us that war can temporarily slow down market sentiment and freeze decisions, but they cannot break India's real estate market. Due to the Indo-Pak tension, there may be some short-term sluggishness in the market, but there is no question of an outright plunge.
BUSINESS
India Inc steps up security near border, coastal establishments after cross-border strikes
India has multiple renewable power projects along the country's border with Pakistan, especially in Gujarat and Rajasthan, as well as key ports on the western coast
BUSINESS
UK-India FTA to drive India's auto component exports, industry groups say
In FY24, India exported $21.2 billion worth of auto components all over the world, 3 percent of which was to the United Kingdom, according to data from ACMA.
BUSINESS
Distressed deals fuel Adani Realty and Prestige’s hold on Mumbai realty market
Real estate developers like Prestige Estates and Adani Realty, among others, are leveraging stalled projects to make a mark in their non-native market.
BUSINESS
US-China trade tensions will not impact our ports: APSEZ MD Karan Adani
Even if the tariffs impact trade between the US and China, other forms of trade will compensate for that, he said.
BUSINESS
Ambuja Cements Q4 results: Net profit falls 9% to Rs 956 crore, sluggish prices hurt margins
Ambuja Cements Q4 results: Revenue rises 11.5% to Rs 9,802 crore. The company announced dividend of Rs 2 per share
BUSINESS
UltraTech says subsidiary India Cements' performance to improve with efficiencies, price increases
UltraTech, after receiving approvals from the National Company Law Tribunal, took control of India Cements in late-December 2024, marking Q4 as the first full quarter of the latter being a subsidiary of the Aditya Birla Group firm
BUSINESS
UltraTech Cement Q4 results: Net profit jumps 10% to Rs 2,482 crore, but realisations sluggish
UltraTech Cement Q4 results: Revenue rises 13% to Rs 23,063 crore. The Aditya Birla Group company declared dividend of Rs 77.5 per share
BUSINESS
Price growth in FY25 lower than expected, focusing on profitability, sales: Abhishek Lodha
As part of the outlook, Macrotech's MD said the company will stick to its medium-term strategy of delivering price growth in the range of 2 percent below wage growth.
BUSINESS
Macrotech Developers Q4 profit rises 38.5% to Rs 921.7 crore, declares dividend Rs 4.25 per share
For the financial year 2024-25, the Mumbai-based real estate firm's consolidated net profit increased by 71 percent to Rs 2,764 crore, while its topline grew by 34 percent to Rs 13,780 crore
BUSINESS
Macrotech expands Pune footprint with pact to develop a five-acre land parcel
As part of the development agreement, Macrotech is expected to share 22.5 percent of the revenue with Goel Ganga Developments, from the project that is expected to come up at the site.
BUSINESS
After legal truce, House of Abhinandan Lodha enters vertical development business
The projects include a commercial development on the site of the former American Center in Marine Lines, one residential project near Girgaon Chowpatty in south Mumbai, and an affordable-to-mid-priced development in Naigaon.
BUSINESS
Capital inflow picture in a flux due to tariffs, real estate has underlying strength: CBRE
Rami Kaushal, CBRE's managing director for consulting and valuation services in India, Middle East and Africa, said that India has a lot of appetite for real estate, across all asset classes, including residential, offices, and logistics and industrial.
BUSINESS
Steel imports surge to a 9-year high amid bargain shipments
After peaking at 18.51 million tonnes in FY22, India's steel exports have been on a decline, falling more than 60 per cent over three years to 6.95 million tonnes in FY25.
BUSINESS
CREDAI’s new leadership pitches for hike in Rs 45 lakh affordable housing cap, better home sales data
The new president of CREDAI, Shekhar Patel, said that the Rs 45 lakh cap on affordable housing should be increased or removed so that more people can get tax benefits and sales can increase in the segment.
BUSINESS
BCCL buys 66,000 sq ft space at Kalpataru Infinia for Rs 460 crore
Media company BCCL and its vice-chairman Samir Jain have acquired seven commercial units between themselves, with each unit priced at around Rs 66 crore, measuring around 9,500 sq ft each. The total deal also includes 98 parking spaces. All the transactions were signed in March 2025, documents show.
BUSINESS
ArcelorMittal Nippon Steel to invest Rs 60,000 crore to lead green steel transition in India
AM/NS India's management said the approach will include expanding steel production capacity to around 15 million tonnes per annum (MTPA) from the current 9 MTPA, along with expanding its scrap production facilities.
BUSINESS
Lodha brothers settle brand dispute after three-month mediation
Abhishek Lodha and Macrotech had filed a brand infringement suit in January 2025 against Abhinandan and HoABL, after years of wrangling. Abhishek and Abhinandan, sons of real estate magnate Mangal Prabhat Lodha, both worked at the Lodha Group till Abhinandan's exit in 2015.
BUSINESS
Blackstone, CapitaLand power Jan-Mar PE surge in realty, but FY25 deals dip
The residential segment, with 51 percent of the investment pie, underscores the confidence in this space.
BUSINESS
Malabar Hill regains its marquee address status as supply quality, infrastructure improve
In recent years, luxury homebuyers looked elsewhere in south Mumbai, and even in the suburbs, as the area lost some of its sheen due to its ageing supply, falling behind in terms of quality.
