Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Taxation & Finance News

GHV Infra reports strong quarterly performance driven by operational and financial growth

GHV Infra Projects Limited announced its unaudited financial results for the quarter and half-year ending September 2025, showcasing remarkable operational and financial progress. The company recorded a sharp rise in revenue, operating profit, and profit after tax, with its order book strengthening considerably. Key corporate actions included a bonus share issue, equity subdivision, and a new UAE subsidiary formation, marking strategic expansion plans beyond India.Read more

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Urban Company Q2 loss jumps to INR 593 million, shares slide 6%

Urban Company’s shares declined sharply after the company reported a wider loss in its first quarterly results since listing. Despite a strong increase in transaction value from its domestic consumer services, profits fell significantly due to losses from its newly launched “Insta Help” vertical, which allows users to book domestic workers within minutes. The company has said that continued investment in this business will keep affecting its profits in the coming quarters. Analysts have expressed concerns about the unclear path to profitability.Read more

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Texmaco Rail wins INR 78.5 crore orders for Pune Metro and Central Railway projects

The engineering firm Texmaco Rail & Engineering secured two infrastructure contracts totalling around INR 78 crore. One order of INR 44.61 crore comes from Maharashtra Metro Rail Corporation for the PCMC-Nigdi elevated extension of the Pune Metro, covering design, supply, installation, testing and commissioning of a 25 kV flexible overhead catenary system, 33 kV auxiliary sub-station and SCADA systems, to be completed in 110 weeks. The other order of INR 33.89 crore is from Central Railway for the Ahmadnagar-Beed-Parli new broad gauge line involving a 132 kV/55 kV Scott connected transformer system, to be completed in 12 months. These wins build upon Texmaco's long track record in rail electrification and infrastructure.Read more

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IRB InvIT Fund to issue debut bonds raising INR 11.50 billion across three tenors

The infrastructure investment trust IRB InvIT Fund is set to launch its first bond offering, aiming to raise a total of INR 11.50 billion (approximately USD 130.84 million). The issue will consist of three tranches: INR 5.75 billion for five-year maturity at a 7.35% coupon, INR 3 billion for ten years at 7.40%, and INR 2.75 billion for 15 years (with staggered redemptions from 2036) at the same 7.40% rate. Coupons are payable quarterly, and a put/call option is included for the 15-year bond after ten years. The trust has invited bids from bankers and investors on the coming bidding date, and the offering carries a "AAA" rating from India Ratings & Research.Read more

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Kalpataru Projects sees sharp profit growth on higher EPC and infra orders

Kalpataru Projects International Limited (KPIL) recorded an 89% year-on-year increase in its consolidated net profit to INR 237.39 crore for the quarter ended September 2024, supported by a sharp rise in revenue. The company's total income reached INR 6,551.96 crore, up from INR 4,946.98 crore during the same period last year. The growth reflects improved project execution and a steady pipeline across infrastructure and power transmission segments.Read more

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DLF's H1 sales soar 122% driven by premium housing in Gurugram and Mumbai

DLF Ltd reported a sharp rise in sales bookings to INR 15,757 crore for the April-September 2025 period, more than doubling from INR 7,094 crore a year earlier, driven by strong demand for premium and luxury housing in Gurugram and Mumbai. For FY26, DLF has maintained a sales target of INR 20,000-22,000 crore, reflecting its confidence in continued market strength. The developer's Q2 net profit stood at INR 1,180.09 crore, down 15% year-on-year, while revenue fell to INR 1,643.04 crore. New bookings during the quarter surged to INR 4,332 crore, led by the Westpark project in Mumbai. With a robust land bank and brand equity, DLF remains optimistic about sustained housing demand.Read more

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Cochin Shipyard to raise INR 6,000 crore for capex expansion

Cochin Shipyard Ltd (CSL) announced plans to raise around INR 6,000 crore over the next five to six years to support its capital-expenditure programme. The company said it will fund this through a mix of government-assisted schemes, multilateral loans from East-Asian agencies, issuance of blue bonds and internal accruals. CSL indicated it plans to use the enhanced Shipbuilding Financial Assistance policy (which offers 20-25 % incentives) and is already exploring a greenfield shipyard conceptualised at USD 2-3 billion. Defence contracts currently make up roughly two-thirds of its order book.Read more

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Kolkata Port secures over INR 48,000 crore investment commitments during India Maritime Week

The Syama Prasad Mookerjee Port (SMPK) in Kolkata has announced investment commitments worth more than INR 48,000 crore through multiple agreements signed during India Maritime Week 2025. These partnerships involve major companies such as Haldia Petrochemicals Ltd, Dredging Corporation of India Ltd, Adani Ports, JSW Infrastructure, Srijan Realty and HUDCO. The agreements cover areas like dredging, terminal development, petroleum infrastructure, real-estate projects, and logistics connectivity. This development aligns with SMPK's goal of expanding its port capacity and integrating industrial and real-estate growth across the eastern region.Read more

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NHAI saves over INR 2,000 crore as toll collection costs fall to 9.27%

The National Highways Authority of India (NHAI) reported savings of about INR 2,062 crore in toll-collection expenses during the last financial year. The cost of collection dropped from 17.27% to 9.27%, supported by reforms in contract management and improved monitoring. Total toll receipts rose to INR 28,823 crore, while remittances to NHAI increased to INR 26,149 crore. The authority credited this progress to tighter contract durations, transparent bidding processes, and the introduction of a "Windfall Gain" clause designed to ensure fair revenue sharing with toll agencies.Read more

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PNB Housing Finance Q2 profit rises 24% to INR 582 crore on strong retail growth

PNB Housing Finance has reported a consolidated net profit of INR 581.59 crore for the quarter, reflecting a 23.83 per cent year-on-year rise. Total income grew 13.35 per cent to INR 2,130.60 crore. The company's asset-under-management expanded by 12.3 per cent to INR 83,879 crore, with affordable and emerging market segments showing 34 per cent growth and now comprising 38 per cent of the retail loan book. Borrowing costs eased to 7.69 per cent, and spreads improved to 2.26 per cent, supported by disciplined pricing and a strategic loan mix.Read more

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