Cement Sector Eyes Strong Rebound in FY26 on Government Push, Rural Demand
With a subdued FY25, India’s cement sector is looking forward to a robust FY26, driven by increased government infrastructure expenditure and revived rural...
Panattoni Grows in India with 25-Acre Industrial Park near Hosur
Panattoni, the international industrial real estate developer, announced the opening of its second Indian project, Panattoni Park, Hosur I, a 25-acre industrial and...
Trump’s 50% Steel Tariff May Not Hit India Directly, but Global Trade Sentiment at Risk
Former US President Donald Trump has announced a sharp hike in import tariffs on steel and aluminium, doubling them to 50% starting June...
Welspun Corp Q4 Profit Rises 160%, Amid Revenue Decline
Welspun Corp, the largest Indian producer of specialty steel pipes and tubes, has reported a steep 160% increase in consolidated net profit in...
Andhra Pradesh to Set Up 10 Mega Industrial Parks Along Key Corridors
The Andhra Pradesh government is going ahead with the plan to enhance industrial growth by establishing 10 large industrial parks along major economic...
Baashyaam Group Acquires Standard Chartered’s Chennai Property for ₹1,100 Cr, Eyes Luxury Housing
In a landmark real estate deal, Chennai-based Baashyaam Group has acquired Standard Chartered’s prime 5.78-acre property on Haddows Road for over ₹1,100 crore,...
RINL to Monetise ₹200 Cr in Land Assets in FY26 Amid Financial Strain
In a continued effort to stay afloat amid mounting financial pressure, state-run steelmaker Rashtriya Ispat Nigam Ltd (RINL) has identified non-core land parcels...
Prestige Estates Q4 Profit Drops Sharply to ₹43.10 Cr; Launches ₹800 Cr Project in Bengaluru
Giant realty firm Prestige Estates Projects saw a sharp 81.7% fall in fourth-quarter FY25 net profit of ₹43.10 crore from ₹235.90 crore in...
Cabinet Clears ₹3,653 Crore Highway Project Linking Badvel to Nellore in Andhra Pradesh
The Narendra Modi-cabinet Committee on Economic Affairs approved the development of a ₹3,653 crore four-lane highway between Badvel and Nellore in Andhra Pradesh....
Auto Sector Braces for Profit Squeeze as 12% Steel Duty Kicks In
India’s move to impose a 12% safeguard duty on select steel imports is set to dent the auto sector’s profitability in FY26, with...
