Fund houses are now actively investing in Delhi-NCR property market, reversing their previous reluctance due to uncertainty. Several realty developers have successfully raised capital, signaling confidence in the sector’s growth potential. Increased housing demand, proactive government policies, and improved market fundamentals have restored trust, attracting both global and domestic funds.
Andhra Pradesh, under Chief Minister Naidu, is cracking down on inactive renewable energy projects, scrutinizing ₹4 lakh crore worth of ventures. A 328 MW wind project allocated to Sreeja Infrastructure has been cancelled due to delays, signaling a firm stance.
A renewed push by the telecom department to gauge demand for direct 5G spectrum allocation for private networks has reignited a debate between telecom operators and tech companies. Telcos advocate for their control over private 5G network deployment, while enterprises seek direct spectrum access for tailored solutions.
Colgate-Palmolive’s global CEO, Noel Wallace, expressed concern over declining sales in India. The company saw sluggishness in urban areas. It plans a recovery in the second half of the year. This will be through product innovation and addressing entry-level pricing. Colgate aims to improve urban market execution. The company also focuses on e-commerce growth and…
The NCLT partially approved Hotel Horizon’s promoters’ plea, excluding Phoenix ARC’s claim from the CIRP due to limitation. Oberoi Realty’s consortium secured CoC approval to acquire the company for Rs 919 crore. The tribunal instructed a claim rework for JMFARC and directed reverification of UBI’s claims, while CFM ARC appeals the Phoenix ARC decision.
Indian banks are facing challenges. CASA ratios of top lenders have decreased. This decline affects their net interest margins. HDFC Bank and IndusInd Bank experienced significant drops. Kotak Mahindra Bank saw the sharpest fall. Banks are now relying on costlier funding sources. Some banks are cutting savings account interest rates. This shift impacts core profitability…
Economists widely anticipate the Reserve Bank of India (RBI) to maintain policy rates this week, amidst concerns over the economic impact of US tariffs and ongoing trade negotiations. While most expect a status quo, some predict a rate cut, citing low retail inflation. The RBI is expected to hold the growth forecast at 6.
India is considering allowing private companies to operate nuclear power plants by setting qualifying criteria focused on financial health, technical expertise, and large-scale project experience. Proposed changes to the Atomic Energy and Civil Liability for Nuclear Damage Acts are under legal review. The move aims to boost clean energy capacity from 8.8 GW to 100…
Priya Nair assumes leadership of Hindustan Unilever amid sluggish growth, tasked with revitalizing the consumer goods giant. Despite recent profit gains, HUL’s stock underperformed the Nifty 50, facing challenges from local brands and shifting consumer preferences.
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