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Realtors welcomed the Reserve Bank of India’s decision to maintain the repo rate. This stability in home loan interest rates is expected to sustain housing demand. The central bank kept its benchmark policy rate unchanged for the fourth consecutive meeting. RBI marginally raised the GDP forecast while slightly lowering the inflation projection. This policy continuity…
Essar Energy Transition secured $400 million in financing from European and UK banks. This funding will strengthen its balance sheet and support long-term growth plans. The company’s Receivables Purchase Agreement increased significantly to $350 million. Existing lenders ABN AMRO and Natixis increased their commitments substantially.
Kraft Heinz Q2 2026 slides: $700M investment drives share gains
Reliance Brands will bring Kim Kardashian’s SKIMS to India soon. The global shapewear and lifestyle brand will open its first stores in Delhi and Mumbai. This expansion marks SKIMS’ debut in one of the world’s fastest-growing premium consumer markets. Reliance Brands will manage SKIMS across physical and digital channels within India. SKIMS is also planning…
Kraft Heinz Q2 2026 slides: sales beat offset by margin pressure
Telecom regulator Trai has proposed new quality of service norms for mobile network slicing. These draft rules will allow telecom operators to charge different rates for various services. Network slicing will only be permitted when operators possess sufficient spectrum capacity. Trai also mandates that tariff offerings must have measurable download and upload speeds. Comments on…
POCL Q1FY27 slides: copper surges as lead shifts to value-added mix
Indian Railways has utilised more than Rs 1.14 lakh crore, or about 39 per cent of its budget grant for 2026-27, till July 2026, the government informed the Lok Sabha on Wednesday, while also updating Parliament on the progress of railway safety, infrastructure and capacity enhancement works across the network.
MCX Q1 FY27 slides show 103% profit growth, options surge 266%
EAAA’s Rental Yield Plus fund acquired a one million square foot office park in Pune. This acquisition expands the fund’s portfolio to five point two million square feet. The Pune asset is the fund’s fifth investment and first in Maharashtra. It is ninety-five percent occupied by diverse marquee tenants. The fund focuses on high-quality office…