 "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 42 - Prachi Pisal
Cong raises alarm as SBI decides to pick equity in debt-laden infra firm
Promoted by the Bhawanishankar H Sharma family, Mumbai based Supreme Infrastructure has been a loss-making company for a decade now.
 "Cong raises alarm as SBI decides to pick equity in debt-laden infra firm")
Indian real estate to grow to $10 trillion market by 2047: Report
Real estate gets institutional investments of over $60 billion in last decade, Colliers-CREDAI report
 "Indian real estate to grow to $10 trillion market by 2047: Report")
EPCs may have opportunities worth Rs 2.6 trn over next decade: ICRA
Projects worth ₹80,000 crore are estimated to be awarded in the next four years
 "EPCs may have opportunities worth Rs 2.6 trn over next decade: ICRA")
'Over 25 thousand buildings in MMR are qualified for redevelopment'
The estimated value of redevelopment in MMR is over Rs 30,000 crore, as per CREDAI-MCHI
 "'Over 25 thousand buildings in MMR are qualified for redevelopment'")
Adani Ports sign MoU with Rorix Holdings for trade, logistics purposes
Adani Ports and Special Economic Zone Limited (APSEZ) is India's largest port developer and operator
 "Adani Ports sign MoU with Rorix Holdings for trade, logistics purposes")
Reliance Infrastructure gets Rs 1,100 crore infusion from promoters
Of this issue, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through the promoter company Risee Infinity Private Limited. Risee will subscribe to 46 million shares
 "Reliance Infrastructure gets Rs 1,100 crore infusion from promoters")
Reliance Infra board approves preferential issue worth Rs 3,014 crore
Looks to raise another Rs 3000 cr from QIP
 "Reliance Infra board approves preferential issue worth Rs 3,014 crore")
India to become third-largest economy by 2030-31, says S&P Global
The country is forecast to grow at an annual rate of 6.7 per cent
 "India to become third-largest economy by 2030-31, says S&P Global")
RInfra pares debt by 87% to Rs 475 cr; clears dues with banks and ARCs
RInfra said, "Invent Assets Securitisation and Reconstruction Private has novated certain charged securities to recover its dues"
 "RInfra pares debt by 87% to Rs 475 cr; clears dues with banks and ARCs")
IRA launches three data benchmarking institutions for Reit investors
The institutions would serve as a central repository of the Indian Reit sector's data
 "IRA launches three data benchmarking institutions for Reit investors")
Reliance Infra cuts standalone external debt by 88% to Rs 475 crore
The company recently announced its plan of raising long-term capital
Jupiter Wagons to invest Rs 2,500 crore for production capacity expansion
JWL also informed that it has changed the name of its unit Bonatrans India Private to Jupiter Tatravagonka Railwheel Factory
 "Jupiter Wagons to invest Rs 2,500 crore for production capacity expansion")
Road projects awarding declines, competition to remain elevated: ICRA
HAM and EPC will continue to dominate project awards along with an increase in the share of BOT projects in FY 2025
 "Road projects awarding declines, competition to remain elevated: ICRA")
Rel Infra to consider raising long-term capital; board meeting on Sept 19
The company had previously raised Rs 550 crore by issuing shares on a preferential basis in July 2021
Indoor amusement centres may occupy 11 mn sq ft space by 2028: Report
The entertainment category is increasingly being integrated into initial mall design phases by developers
 "Indoor amusement centres may occupy 11 mn sq ft space by 2028: Report")
Adani Group to develop multipurpose berth at Gujarat's Kandla Port
The development will add a capacity of 5.7 MMT to the port operator's existing capacity of 580 MMT
Microsoft acquires 16.4-acre land parcel for Rs 520 crore in Pune
The tech giant has bought land parcels worth Rs 848 crore in Pune since 2022
 "Microsoft acquires 16.4-acre land parcel for Rs 520 crore in Pune")
Century Textiles acquires Rs 1,100 crore prime land from Nusli Wadia
The land parcel adds an approximate booking value potential of Rs 14,000 crore to the company
 "Century Textiles acquires Rs 1,100 crore prime land from Nusli Wadia")
JSW Infra okays Rs 2,359 cr capex for expansion at Jaigarh, Dharamtar ports
The expansion is part of the company's growth strategy to enhance its overall cargo-handling capacity to 400 million tonnes per annum (MTPA) by 2030 or earlier
 "JSW Infra okays Rs 2,359 cr capex for expansion at Jaigarh, Dharamtar ports")
Whistleblower complaints at Indian companies up 8% to 1,074 in FY24
Of the BSE-50 companies, two-year data of whistle-blower complaints were available for 14 companies
 "Whistleblower complaints at Indian companies up 8% to 1,074 in FY24")