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

Ajmera Realty reports 14% drop in Q2 profit, announces equity share split

Ajmera Realty & Infra India Ltd reported a 14% drop in consolidated net profit to INR 30.37 crore for the quarter ending September, down from INR 35.35 crore a year earlier. However, total income rose to INR 221.01 crore from INR 204.08 crore, reflecting steady revenue growth. The company's board also approved a stock split, dividing each INR 10 equity share into five shares of INR 2 each to improve liquidity and expand investor participation. Despite the dip in profit, Ajmera Realty remains a key player in India's real estate sector, continuing to strengthen its market presence through strategic financial and operational measures.Read more

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Odisha to invest INR 46,000 crore in new port and shipbuilding hub near Paradip

Odisha has announced a combined investment of over INR 46,000 crore to develop a new deep?water port at Bahuda in Ganjam district and a ship building and repair centre at the Mahanadi river mouth near Paradip. The projects include a world class cruise terminal in Puri and are expected to boost trade, tourism, and industry. Paradip Port, central to the state's maritime growth, has expanded cargo capacity from 71 million tonnes in 2015 to 150 million tonnes by 2025, with targets of 300-500 million tonnes under national maritime plans.Read more

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IRB InvIT Fund acquires three highway assets worth INR 8,436 crore

IRB InvIT Fund has completed the acquisition of three highway assets from IRB Infrastructure Trust, valued at around INR 8,436 crore. Supported by INR 4,250 crore in fresh investments from global and domestic investors, the deal expands the Fund�s footprint to Uttar Pradesh and Haryana, bringing its total portfolio to nine operational highway projects worth about INR 16,000 crore. The acquisition extends the average concession life from 14 to 17 years and marks IRB InvIT�s first major fundraising since its 2017 listing. The move strengthens the Fund�s long-term growth strategy, enhancing value for investors and reinforcing its leadership in India�s highway infrastructure sector.Read more

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Bajaj Housing Finance reports steady growth in income and profit for Q2 FY25

Bajaj Housing Finance reported an 18% rise in net profit to INR 643 crore for the quarter ended September 2025, up from INR 546 crore a year earlier. Total income increased to INR 2,755 crore, while interest income grew to INR 2,614 crore, reflecting strong loan demand and portfolio expansion. Expenses rose to INR 1,922 crore due to higher operating and finance costs linked to business growth. The results underscore the company's solid financial position and steady performance in the mortgage segment, with rising profitability and healthy asset management pointing to sustained momentum for the remainder of the fiscal year.Read more

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Brigade Enterprises' Q2 sales bookings rise 12% driven by steady housing demand

Brigade Enterprises Ltd recorded a 12% year-on-year increase in sales bookings, reaching INR 2,034 crore during the July-September quarter of FY26, supported by healthy demand in its housing segment. The residential business contributed INR 1,795 crore, while commercial projects added INR 239 crore. The company also reported a 37% rise in consolidated net profit to INR 162.5 crore, alongside a 26% growth in total income. Management indicated that strong demand, new launches, and a positive business environment are expected to sustain the momentum in the second half of the fiscal year.Read more

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Mindspace REIT posts strong Q2 gains with record occupancy and higher returns

Mindspace Business Parks REIT reported a 26% year-on-year rise in net operating income to INR 634 crore for the July-September quarter, with a distribution of INR 355 crore to unitholder-up 16.3% from last year. CEO Ramesh Nair said leasing activity reached 0.8 million sq ft with strong rental growth and record occupancy of 94.6%. Including its recent Q-City acquisition, occupancy stood at 93.8%. Backed by low leverage and a solid balance sheet, the REIT plans to invest in development and acquisition opportunities. With 38.2 million sq ft of assets across key cities, Mindspace continues to deliver steady growth and investor returns.Read more

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Mufin Green Finance raises INR 50 crore through NCDs to boost clean energy and consumer lending

Mufin Green Finance, a non-banking financial company (NBFC) specialising in electric mobility and clean energy financing, has raised INR 50 crore through a non-convertible debenture (NCD) issue, with InCred Capital Wealth Portfolio Managers as the investor. The NCDs carry an 11% coupon rate and mature in 15 months. The raised capital aims to strengthen the company�s lending base while diversifying its funding sources. About 90% of the funds will go toward medical premium financing, and the remaining 10% will be allocated to EV loans, battery financing, and solar panel installations.Read more

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Chalet Hotels posts INR 154 crore profit in Q2, launches premium brand ATHIVA

Chalet Hotels reported a consolidated profit after tax of INR 154.81 crore for the quarter ending September 30, marking a strong turnaround from a loss of INR 138.51 crore in the same period last year. The company's revenue from operations rose 95% year-on-year to INR 735.3 crore. Managing Director and CEO Dr. Sanjay Sethi said the results highlight the strength of the company's diverse portfolio and operational discipline despite external challenges. The quarter also saw the debut of Chalet's premium lifestyle brand, ATHIVA Hotels & Resorts.Read more

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Tuticorin port inks green-energy investment proposals over INR 1 lakh crore

The V.O. Chidambaranar Port Authority (VOCPA) in Tuticorin revealed that it has entered into 28 agreements with major players in the green-energy space, totaling investments exceeding around INR 1.27 lakh crore (over USD 15 billion). The key pacts include a storage facility for green ammonia with Green Infra Renewable Energy Farms Private Limited (a part of the Sembcorp group) valued at INR 25,400 crore; a green ammonia production plant with ACME Green Hydrogen and Chemicals Private Limited (1,200 MTPD) worth INR 12,000 crore; and a 300 TPD facility with CGS Energy Private Limited valued at INR 5,000 crore. These moves build on the port's earlier pilot green-hydrogen and renewable-energy efforts, and signal a pivot towards becoming a green-hydrogen hub in southern India.Read more

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Embassy REIT posts strong Q2 growth with higher leasing and payouts

Embassy Office Parks REIT reported strong performance in the July-September quarter, with net operating income rising 15% year-on-year to INR 927 crore and revenue growing 13% to INR 1,124 crore. The board approved a distribution of INR 617 crore, or INR 6.51 per unit, to be paid by mid-November. Leasing totalled 1.5 million sq ft, led by Bengaluru and supported by new Global Capability Centre demand in Chennai. India's first listed REIT, Embassy manages a 50.8 million sq ft portfolio across major cities, including offices, hotels, and renewable assets. The results highlight steady income growth, robust leasing, and the REIT's focus on sustainable expansion.Read more

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