JSW Steel's October steel output rose 9% year-on-year to 24.95 lakh tonnes, driven largely by its India operations. Domestic production increased 10 per cent to 24.12 lakh tonnes, while the Ohio facility in the US saw a marginal rise to 0.83 lakh tonnes. Capacity utilisation in India was at 83 per cent due to a temporary shutdown of Blast Furnace 3 at Vijayanagar for a capacity upgrade, with production expected to resume in February 2026. JSW Steel is part of the diversified USD 23 billion JSW Group.Read more
MAIA Estates has raised INR 120 crore from Arnya to develop a new residential project, The Seven, at Basavanagudi in South Bengaluru. Spanning 6 lakh sq ft, the project's construction will start in early 2026 and is expected to finish by 2029. Founded in 2016, MAIA Estates currently manages 11 million sq ft under planning and construction across Bengaluru. The funding partnership is part of the company's broader strategy to expand its presence in key city locations. Basavanagudi's central location and infrastructure make it an attractive site for the project.Read more
Fujiyama Power Systems is set to launch its IPO on November 13 to raise INR 828 crore, combining a fresh equity issue and an Offer For Sale by promoters. The funds will support a new manufacturing facility, debt repayment, and corporate needs. The Greater Noida-based firm, known for its brands UTL Solar and Fujiyama Solar, provides on-grid, off-grid, and hybrid rooftop solar solutions. With three domestic manufacturing units and strong R&D capabilities, the company has reported substantial growth, with revenue and net profit more than doubling over two fiscal years.Read more
Signature Global reported a consolidated net loss of INR 46.86 crore for the July-September quarter of FY26, compared to a profit of INR 4.15 crore a year earlier, as total income fell to INR 372.51 crore from INR 777.42 crore. For the first half of FY26, the firm posted a net loss of INR 12.42 crore, though total income rose slightly to INR 1,270.86 crore. Chairman Pradeep Aggarwal said the company remains focused on strategic land acquisitions and project launches worth INR 14,000 crore by March 2026 to meet its INR 12,500 crore pre-sales target. Recently, Signature Global raised INR 875 crore from IFC to fund mid-income housing and reduce debt.Read more
IndiQube Spaces Ltd reported a reduced net loss of INR 29.86 crore for the July-September quarter, a significant improvement from INR 52.52 crore a year earlier. Total income rose 39% year-on-year to INR 366.59 crore, driven by strong demand for flexible workspace solutions. The company, which leases and manages office spaces across 16 cities, now oversees more than 9.14 million sq. ft. of workspace. IndiQube's improved performance reflects operational efficiency and growing market traction in India's managed office sector. With expanding demand from corporates and global enterprises, the firm is well positioned for continued financial recovery and steady growth.Read more
Knowledge Realty Trust, India's largest listed office REIT, reported strong results for the quarter and half-year ended September 2025 its first since debuting on the NSE and BSE. The trust recorded gross leasing of 1.8 million sq ft in H1 FY26, with 1.2 million sq ft of new leases and 0.6 million sq ft of renewals, driving portfolio occupancy up to 92%. Net Operating Income rose 20% year-on-year to INR 19,544 million with record 89% margins. It also raised INR 16,000 million via AAA-rated NCDs at 7.2%, cutting borrowing costs to 7.4%. CEO Shirish Godbole announced a first distribution of INR 6,900 million, while COO Quaiser Parvez highlighted continued leasing momentum driven by GCC and domestic demand. Strong occupancy, low leverage (18% LTV), and robust funding position the REIT for sustained growth and unitholder value.Read more
WeWork India posted a sharp decline in net profit to INR 6.4 crore for the latest quarter, down from INR 203.74 crore in the same period last year, mainly due to a high base effect from deferred tax credit. However, total income rose to INR 585.54 crore. The firm operates 70 centres in eight cities and plans to expand its portfolio to 10 million sq ft with new desks under fitout, handover, and LOI. CEO Karan Virwani highlighted record revenue, improving margins, and a move toward a technology-driven, sustainable workspace ecosystem.Read more
Knowledge Realty Trust has declared a total distribution of INR 690 crore for the quarter ending September, including dividend, interest, and capital repayment. The trust's revenue in the second quarter reached INR 1,123.8 crore, with NOI at INR 988.1 crore. For the first half of FY26, revenue grew 17% and NOI rose 20% year-on-year. Leasing activity and occupancy improved, with gross leasing at 1.8 million square feet and portfolio occupancy rising to 92%, supported by GCCs and domestic demand. The REIT manages 29 Grade-A office properties across six cities in India.Read more
ReNew Energy Global Plc has secured USD 331 million in financing from the Asian Development Bank (ADB) for a major renewable energy project in Andhra Pradesh. The initiative, part of a USD 477 million package, will combine wind, solar, and battery storage to deliver dependable peak power and enhance grid stability. The project, which will produce around 1,641 gigawatt-hours of clean energy annually, aligns with India's low-carbon transition goals and builds on the collaboration outlined under the UNFCCC COP28 framework to expand clean energy deployment.Read more
Aadhar Housing Finance recorded a notable increase in profit and revenue during the September quarter, reflecting sustained growth in its mortgage lending operations. The company reported a 17 per cent rise in net profit to INR 266 crore compared to the corresponding period last year. Total income and interest income also registered steady growth, alongside a marginal uptick in total expenses. Despite a slight deterioration in asset quality, the company's financial performance during the past quarter underscored continued operational strength in India's housing finance sector.Read more