 "Prachi Pisal")
Prachi Pisal
Prachi Pisal
Prachi Pisal is a correspondent at Business Standard, where she reports on real estate, roads, ports, and the cement sector. Her work examines how policy decisions, corporate strategies, and market forces intersect to shape India’s built environment and core industries. She works across breaking news, earnings coverage, and data-backed trend stories, drawing on interviews with industry leaders and market participants. Prachi has also covered elections, live events, and on-ground developments. She holds a postgraduate diploma in English Journalism from the Indian Institute of Mass Communication, New Delhi, and a bachelor’s degree in science from Shivaji University. Her interests include cricket, politics, and Marathi cinema classics.
Prachi Pisal is a correspondent at Business Standard, where she reports on real estate, roads, ports, and the cement sector. Her work examines how policy decisions, corporate strategies, and market forces intersect to shape India’s built environment and core industries. She works across breaking news, earnings coverage, and data-backed trend stories, drawing on interviews with industry leaders and market participants. Prachi has also covered elections, live events, and on-ground developments. She holds a postgraduate diploma in English Journalism from the Indian Institute of Mass Communication, New Delhi, and a bachelor’s degree in science from Shivaji University. Her interests include cricket, politics, and Marathi cinema classics.
Page 41 - Prachi Pisal
Comfortable liquidity, enough debt cover for 28 months: Adani group
Group reports Rs 53K cr cash buffer, robust operational cash flow amid bribery charges
 "Comfortable liquidity, enough debt cover for 28 months: Adani group")
Property Share files offer document for Rs 353 crore IPO of its SM Reit
Property Share Investment Trust (PSIT) is India's first registered small and medium real estate investment trust (SM Reit)
 "Property Share files offer document for Rs 353 crore IPO of its SM Reit")
Ashoka Buildcon receives LOA for Nhai project worth Rs 1,391 crore
The company was declared as the lowest bidder (L-1) during the bidding procedures for the project
 "Ashoka Buildcon receives LOA for Nhai project worth Rs 1,391 crore")
Mumbai, Delhi rank among top 5 APAC mkts for prime residential price growth
Mumbai recorded an 11.5 per cent YoY increase in luxury property prices in Q3 2024, ranking as the 14th most expensive APAC prime residential market
 "Mumbai, Delhi rank among top 5 APAC mkts for prime residential price growth")
APAC investors invested $1.3 bn in Indian real estate between Jan-Sep 2024
Indian real estate received institutional investments of $4.7 billion between January and September 2024
 "APAC investors invested $1.3 bn in Indian real estate between Jan-Sep 2024")
Raymond receives NOC from exchanges for demerger of its realty business
After the demerger, the resulting company, Raymond Realty Limited (RRL), will be listed on both stock exchanges after obtaining the necessary approvals
 "Raymond receives NOC from exchanges for demerger of its realty business")
PNC Infratech gets NHAI nod to transfer 100% stake in road assets to HIT
Earlier, during its annual general meeting on September 28, 2024, the company had approved the sale of 12 road assets
 "PNC Infratech gets NHAI nod to transfer 100% stake in road assets to HIT")
Maharashtra Assembly elections: Mumbai's industry leaders turn up to vote
Overall, voting in 288 constituencies across the state was carried out with over 100,000 polling stations. As of October 30, 2024, the state's total eligible voters stood at over 97 million
 "Maharashtra Assembly elections: Mumbai's industry leaders turn up to vote")
Adani Infra to pick 30% stake in PSP Projects, make an open offer
The company was involved in the construction of the Surat Diamond Bourse, the world's biggest office complex, with a contract worth Rs 1,575 crore and 66 lakh square feet of built-up area
 "Adani Infra to pick 30% stake in PSP Projects, make an open offer")
Hyderabad shines as fastest-growing city driven by real estate growth
Bengaluru tops in terms of socioeconomic performance; Delhi NCR leads in physical infra
 "Hyderabad shines as fastest-growing city driven by real estate growth")
RMZ, Colt DCS to invest $1.7 billion in Indian data centre market
The data centres will have a combined capacity of approximately 250 MW on completion
 "RMZ, Colt DCS to invest $1.7 billion in Indian data centre market")
Power and Pawars: Behind coin-toss electoral showdown in sugarland
Pune's sugar mills shape local politics and elections; a number of prominent candidates in the region are tied to such factories. Prachi Pisal reports from the ground
 "Power and Pawars: Behind coin-toss electoral showdown in sugarland")
Reliance Power, R-Infra reconstitute boards with four new directors
The companies elevated their four senior officials to the board
 "Reliance Power, R-Infra reconstitute boards with four new directors")
Listed REITs disburse over Rs 2,700 crore in H1 FY25, up 14%: IRA
A REIT owns, operates, or finances real estate properties that generate income and allows investors to invest in real estate without having to buy and manage properties directly
 "Listed REITs disburse over Rs 2,700 crore in H1 FY25, up 14%: IRA")
Maharashtra polls: Ladki Bahin throws a lifeline but inflation haunts women
How crucial is the Ladki Bahin Yojana for women in the state as rising costs and populist promises shape election decisions?
 "Maharashtra polls: Ladki Bahin throws a lifeline but inflation haunts women")
Dharavi redevelopment project caught in Maharashtra's poll crossfire
Oppn parties threaten to scrap India's largest real estate redevelopment project
 "Dharavi redevelopment project caught in Maharashtra's poll crossfire")
Brigade Enterprises Q2FY25 results: Reports 46% increase in sales value
The company's revenue, however, declined by 19 per cent on an annual basis
 "Brigade Enterprises Q2FY25 results: Reports 46% increase in sales value")
Dilip Buildcon Q2 results: Net profit rises threefold to Rs 235 crore
However, the company reported a decline in its revenue from operations
Nexus Select Trust Q2FY25 results: Net operating income rises 5%
The REIT also declared a distribution of Rs 304.1 crore, or Rs 2.01 per unit, to its unitholders
Sunteck Realty Q2FY25 results: Pre-sales grow 32% to Rs 524 crore
The company's revenue from the quarter's operations also grew sixfold to Rs 169.04 crore