 "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 9 - Prachi Pisal
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
 "Tax reversal, strong volumes power ACC's 460% profit jump in Q2FY26")
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
 "JNPA signs MoUs worth ₹2.2 trillion for port infra, Vadhvan port project")
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
 "L&T to work with Hitachi Energy on $33 bn North Sea power project")
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
 "Lodha Developers Q2FY26 results: Profit surges 84% to ₹778.7 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
 "UAE's DP World to invest $5 bn in India's maritime infrastructure")
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 Q2 results: Net profit rises 15.6% to ₹3.9K cr, revenue up 10.4%")
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
 "L&T bags grid infrastructure orders of up to ₹5,000 crore in Saudi Arabia")
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
 "Govt developing ports as hubs for green hydrogen export, says Sonowal")
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
 "Aditya Birla Real Estate posts ₹15.7 crore loss amid weak Q2 sales")
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
 "India to boost local fleet to achieve shipbuilding self-reliance: Sonowal")
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
 "Stars and numbers guide luxury homebuyers as well, say developers")
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
 "Ikea India expands Pune footprint with 37,000 sq ft retail lease")
Luxe breathes easy: Clean air homes are in demand amid rising air pollution
Premiums rise as AQI-assured homes attract eco-conscious buyers
 "Luxe breathes easy: Clean air homes are in demand amid rising air pollution")
Coworking firms scale up, tapping demand for bespoke office solutions
Customised, personalised solutions enable cos to command premium versus standard rentals/leases
 "Coworking firms scale up, tapping demand for bespoke office solutions")
RBI's proposal on ECB likely to give realty sector a funding boost
Proposal allows External Commercial Borrowings for real-estate activities where FDI is permitted
 "RBI's proposal on ECB likely to give realty sector a funding boost")
Realty developers see a cracker of sales in key cities this festival season
Festive cheer sustains housing market momentum amid broader headwinds
 "Realty developers see a cracker of sales in key cities this festival season")
UltraTech Cement Q2 profit jumps 75%; unveils ₹10,255-cr expansion plan
Revenue from operations rose 20.3 per cent YoY to ₹19,606.93 crore. Grey cement volumes grew 7.1 per cent YoY, while realisations improved 4.5 per cent
 "UltraTech Cement Q2 profit jumps 75%; unveils ₹10,255-cr expansion plan")
House of Hiranandani to invest ₹500 cr for premium office tower in Andheri
The one-acre Andheri project will add 400,000 sq ft of leasable space as House of Hiranandani expands its Mumbai commercial footprint; JLL India advised the transaction
 "House of Hiranandani to invest ₹500 cr for premium office tower in Andheri")
JSW Infrastructure Q2 profit dips 2.8% to ₹361 crore; revenue rises 26%
Depreciation rose to ₹149 crore from ₹134 crore a year earlier, driven by Navkar's consolidation and project capitalisation at South West Port, Goa
 "JSW Infrastructure Q2 profit dips 2.8% to ₹361 crore; revenue rises 26%")