Page 3 - Prachi Pisal

Blackstone-backed Nexus Select Trust bullish on consumption growth

Nexus Select Trust targets 13% annual portfolio growth through mall acquisitions and rising consumption, with record festive sales and strong demand across jewellery, fashion, and electronics

Godrej Properties' Q2 profit grows 21% on strong bookings, sales momentum

Godrej Properties' Q2 profit rose 21% YoY to Rs 405 crore, beating analyst estimates, driven by strong bookings and new launches despite a 32% revenue decline

Blackstone-backed Horizon Industrial Parks names Urvish Rambhia as CEO

Horizon Industrial Parks has appointed Urvish Rambhia as CEO to lead its next growth phase with Blackstone, as India's logistics and warehousing sector continues its strong upcycle

Zomato Hyperpure leases 5.5 lakh sq ft of warehousing space in Bhiwandi

Zomato Hyperpure has leased 5.5 lakh sq ft of warehousing space in Bhiwandi at Rs 1.7 crore a month, its third warehouse deal in the Mumbai Metropolitan Region in 2025

Brookfield Reit seals India's record office real estate deal for ₹13,125 cr

The transaction will expand Brookfield India REIT's operating area by 31 per cent and its GAV by 34 per cent

Nexus Select Trust Q2FY26 NOI rises 14% as retail consumption surges

Nexus Select Trust posted 14% YoY growth in Q2FY26 net operating income to Rs 429 crore on the back of strong consumption and tenant sales across fashion, electronics, and jewellery

Adani Ports Q2 profit rises 27% to ₹3,109 crore on higher cargo volumes

Adani Ports & SEZ reported a 27% rise in Q2 profit on strong cargo handling, with revenue up 30% and marine and logistics operations contributing significantly to growth

Tax reversal, strong volumes power ACC's 460% profit jump in Q2FY26

ACC's second-quarter profit rose 460% year-on-year to Rs 1,119 crore on tax reversal gains and higher premium sales, as the cement major reported its best-ever Q2 revenue

JNPA signs MoUs worth ₹2.2 trillion for port infra, Vadhvan port project

With five container terminals, JNPA is India's largest container port, having a capacity of over 10.1 million twenty-foot equivalent units (TEUs). It handled a record 7.3 million TEUs in FY25

L&T to work with Hitachi Energy on $33 bn North Sea power project

L&T to lead EPC and installation for six HVDC systems under TenneT's $33-billion offshore grid plan, marking a major step in its global clean-energy expansion

Lodha Developers Q2FY26 results: Profit surges 84% to ₹778.7 crore

Mumbai based realty major on track to deliver full year pre-sales guidance of Rs 21,000 crore

UAE's DP World to invest $5 bn in India's maritime infrastructure

DP World signs five MoUs at India Maritime Week to advance port capacity, green shipping, ship repair, and skill development under a $5-billion investment plan

L&T Q2 results: Net profit rises 15.6% to ₹3.9K cr, revenue up 10.4%

Firm received new orders worth ₹1.15 trillion in September quarter, up 44.64% Y-o-Y

L&T bags grid infrastructure orders of up to ₹5,000 crore in Saudi Arabia

As part of its National Renewable Energy Programme (NREP), Saudi Arabia is upgrading its electricity grid to support renewable energy projects

Raymond Realty Q2 FY26 results: Profit jumps over 12x to ₹60.2 crore

Revenue grows over 200 per cent YoY; company eyes Rs 40,000 crore potential from current projects and new joint development agreements

Govt developing ports as hubs for green hydrogen export, says Sonowal

Minister Sarbananda Sonowal says ports will anchor India's green hydrogen drive as MoUs worth over Rs 87,000 crore boost maritime and port-led energy investments

Aditya Birla Real Estate posts ₹15.7 crore loss amid weak Q2 sales

Revenue from operations plunged 61% YoY in Q2 FY26, while bookings and collections also declined as the company reported its second straight quarterly loss

India to boost local fleet to achieve shipbuilding self-reliance: Sonowal

Sonowal said that in the past 11 years, India's port capacity has doubled from 1,350 million tonnes per annum (MTPA) to 2,700 MTPA

Stars and numbers guide luxury homebuyers as well, say developers

Developers say even the most globally exposed buyers see the practice less as a superstition and more as symbolic alignment

Ikea India expands Pune footprint with 37,000 sq ft retail lease

Ikea India's new retail lease in Pune's Phoenix Marketcity marks another step in the brand's omnichannel growth strategy across key urban markets