Page 7 - Prachi Pisal

Tata Consulting Engineers targets $1 billion revenue milestone by FY31

The Tata Group engineering consultancy is betting on energy, semiconductors, metals, infrastructure and manufacturing to triple its business over the next five years

ACC's Q1 profit plunges 61% as higher MSA, maintenance weigh on margins

Revenue fell 8.2 per cent and Ebitda declined 41.3 per cent as planned maintenance, higher MSA with Ambuja Cements and lower sales weighed on quarterly performance

Primus, HDFC Capital partner to launch ₹2,000 cr senior living platform

The platform will develop ownership- and rental-led senior living communities across six cities, aiming to turn the underserved segment into a mainstream asset class

UltraTech Cement board approves ₹5,000 crore fundraise through NCDs

The cement major will issue up to 500,000 unsecured, listed and redeemable debentures through private placement as it advances a ₹17,000 crore capacity expansion plan

Mahindra Lifespaces, Sumitomo expand Chennai industrial park partnership

The partners will acquire and develop around 95 acres under Phase 2B of Origins by Mahindra, taking the total planned area of the Chennai industrial park to 540 acres

Anant Raj to demerge data centre, cloud biz into separately listed entity

The real estate developer will carve out its data centre and cloud services business into Ashok Cloud Pvt Ltd to sharpen strategic focus and unlock long-term shareholder value

KFin Technologies signs ₹282.85 cr lease for 2.4 lakh sq ft in Hyderabad

The registrar and transfer agent has leased 2.4 lakh sq ft in Hyderabad's Kokapet for 15 years, with the total rental outgo estimated at Rs 282.85 crore

JSW Infra's Q1 profit slips 10%, revenue rises 18% on higher cargo volumes

The ports and logistics company reported lower quarterly profit as reduced other income and a higher tax rate offset strong revenue growth driven by higher cargo volumes

Maharashtra eyes DELTA Act for blockchain-based tokenisation of land assets

The proposed law aims to create a legal framework for digitising and tokenising immovable properties using blockchain technology, unlocking land value while improving transaction efficiency

India's real estate records deal activity worth $2.3 bn in Q2: GT Bharat

M&A and private equity investments drove India's real estate deal activity to $2.3 billion in Q2 2026, with commercial assets continuing to attract the bulk of investor interest

Amit Diwan takes charge of Hines' APAC and Middle East operations

The former head of Hines India will oversee operations across two regions identified by the global real estate investment manager as key engines of long-term growth

UltraTech Cement Q1 results: Net profit rises 17% on higher sales volumes

India's largest cement maker reported a 16.8 per cent rise in Q1 FY27 net profit, supported by higher sales volumes, improved realisations and disciplined cost management

Cement manufacturer Nuvoco Vistas Corp lays bricks for ₹13K cr FY27 revenue

The cement maker expects revenue to exceed Rs 13,000 crore in FY27, backed by 7-8 per cent volume growth, stable pricing, demand recovery and ongoing capacity expansion

Sobha's Q1 FY27 profit surges threefold amid higher revenue, low base

The Bengaluru-based real estate developer reported a more than threefold rise in Q1 FY27 profit as revenue grew 50 per cent year-on-year, aided by a low base

Dharavi redevelopment SPV renamed Adani Navbharat Developers from July 16

The special purpose vehicle executing the Dharavi Redevelopment Project has been renamed Adani Navbharat Developers, with no change in ownership, governance or implementation

AI data centres likely to be real-estate sector's next growth pillar

AI-led data centre investments are creating a long-term growth opportunity for real estate developers, though earnings gains are likely to materialise gradually.

Oberoi Realty's Q1 FY27 profit up 29% on higher revenue, misses estimates

The Mumbai-based real estate developer reported a 29 per cent rise in quarterly profit on higher revenue, while both profit and revenue came in below Street estimates

Cidco signs 60-year lease pact with Today Royal Developers for ₹177 crore

The Navi Mumbai plot in Nerul, secured through Cidco's e-tender process, will be developed for residential and commercial use under a 60-year lease agreement

Sanjay Ghodawat Group, Nordstar launch ₹5,000 cr GDV real estate platform

The joint venture, NEVORA, will develop residential and commercial projects across Mumbai and Bengaluru, targeting a gross development value of Rs 5,000 crore over the next few years

Blackstone launches APAC infrastructure platform, appoints India infra head

Alternative asset manager launches Blackstone Infrastructure Partners in Asia Pacific and appoints former KKR executive Ami Momaya as its first dedicated infrastructure hire in the region