Page 19 - Prachi Pisal

Rising costs, competition to dent margins for construction firms in FY26

Crisil says emerging construction companies will see slower growth and flat profits in FY26 despite strong order books due to cost pressures and intensified competition

IRB InvIT Fund acquires 3 BOT assets from IRB Infra Trust for Rs 4,905 cr

IRB InvIT to acquire three BOT highway assets for Rs 4,905 crore, doubling its enterprise value to over Rs 16,000 crore and extending portfolio life to 17 years

Kanakia, US-based Hines, Japanese firms partner for $1 bn project in Mumbai

Consortium will develop a premium office project in Mumbai's Bandra Kurla Complex, India's costliest office hub

Apple to open third India retail store at Bengaluru's Phoenix Mall

iPhone maker leases 8,000 sq ft in Phoenix Mall of Asia

Sunteck Realty appointed for ₹1,100 cr redevelopment in Andheri East

Sunteck will redevelop a 2.5-acre housing society in Mumbai's Andheri East with an expected free sale area of 2.75 lakh sq ft and a project value of ₹1,100 crore

Prepared for $65 per barrel crude oil price range for FY26: OIL CMD Rath

Drilling begun in Cambay Basin, second well dug in Andaman seas

Global capability centres fuel premium play in India's office space

Demand for Grade-A, ESG-compliant, smart offices on the rise

Cushman-Nuvama JV to deploy ₹3,000 cr in 'offices of the future'

Jain explained that the GCCs' increased leasing in India has to do with the quality of talent, skill availability, and the possible cost arbitrage in India

Google renews Bengaluru office lease for five years at ₹90 crore rent

The tech giant has renewed its lease on 8.7 lakh sq ft at Bagmane Capital Business Park, paying ₹7.5 crore monthly for space across Kyoto East and West Towers

IRB Infra eyes road asset base of Rs 1.4 trn in three years: Senior exec

Company has a strong balance sheet, sees 'immense opportunities' in road monetisation projects

Commercial rentals rise across Indian cities amid global uncertainty

Commercial real estate rentals rose in India's top cities from 2022 to 2025, with strong demand from US firms and GCCs, despite global macroeconomic headwinds

Grasim Q4FY25 profit increases 9.2%; gains 10% share in paints market

Grasim Industries posts strong Q4 with 9.2% rise in profit and 17.3% revenue growth led by cement, paints and financial services while FY profit dips on higher costs

Reliance Defence ties up with Rheinmetall to supply ammunition, explosives

Reliance Defence and Rheinmetall AG will jointly produce explosives and propellants at a new greenfield facility in Maharashtra as part of a broader defence collaboration

Adani Ports to raise ₹6,000 crore through NCDs for capex, debt needs

Adani Ports will raise ₹6,000 crore via non-convertible debentures for capex, debt refinancing and corporate use as it targets 1 billion tonnes cargo capacity by 2030

Nagarro leases 700,000 sq ft of office space in Gurgaon for GCC operations

German IT firm Nagarro has leased 706,000 sq ft in Gurugram's Sector 18 for its global capability centre, paying ₹2.9 crore monthly rent with a 12-year lease agreement

AVTL IPO to open on May 26, price band fixed at ₹223-235 per share

Price band fixed at Rs 223 to 235 per share; offer to close on May 28; net proceeds to be used for debt repayment, LPG terminal acquisition and general corporate purposes

MMRDA secures ₹1,500 cr loan from BoM for slum redevelopment project

The funding marks Phase 1 of MMRDA's Rs 8,498 crore SRA project to redevelop Ramabai Ambedkar Nagar and Kamraj Nagar in Ghatkopar into a planned residential zo

South Indian cities dominate GCC office leasing in Q1 CY25: Report

Bengaluru leads and it is followed by Chennai and Hyderabad; real estate trend spreading to smaller places too

IRB Infra Q4FY25 results: Net profit rises 13.7% to ₹214.72 crore

IRB Infra reports 13.7% YoY rise in Q4 net profit; FY25 profit surges on exceptional gains, while revenue sees modest annual growth and toll collections beat industry

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Leading port companies plan capex, acquisitions to expand in the sector