Market News
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ONGC bets on gas-led growth as premium pricing boosts profitability
ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is strategically shifting towards gas.
KEC International bags orders worth Rs 1,300 cr in India, overseas
KEC International has secured new orders totaling Rs 1,303 crore. These orders span across its transmission and distribution, civil, renewable, and cables and conductors businesses. The company received projects in India and international markets. These wins are expected to drive KEC International's future growth. The RPG Group company is a major player in global infrastructure EPC.
Why Ranveer Singh could struggle to start his next film after ‘Don 3’ fallout
The Federation of Western India Cine Employees has banned actor Ranveer Singh from working with its members. This action follows his sudden exit from the film 'Don 3'. The federation's directive could create significant operational challenges for any future projects Singh undertakes. Legal experts suggest the directive has persuasive weight but its enforceability is not absolute.
India’s office market faces widening funding gap as deployable capital trails demand
India's commercial real estate sector sees strong demand but faces a capital shortage for new projects. Available funds can only support a fraction of future office and warehousing needs. This gap presents a significant opportunity for investors. Experts suggest increased participation from domestic pension funds and insurers, along with simplified foreign investor taxation, can boost capital flows.
Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract
Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global hyperscaler for AI-ready data centre projects in the US. The deal, spanning FY27–FY29, strengthens STL’s position in the growing AI infrastructure space and supports hyperscale data centre deployments with advanced networking solutions.
Traffic at Delhi Airport unaffected by Iran war, GMR bets on long-term aviation growth
Indira Gandhi International Airport anticipates strong future growth in Indian aviation. Operator GMR Airports remains bullish on the economy despite a short-term traffic dip from the Iran conflict. Infrastructure expansion is planned. New projects include an automated people mover system. Cargo expansion is also underway. Competition from Noida International Airport is expected to have minimal impact.
Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightens
In a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positioned at mine pitheads or close to industrial users. This initiative comes in light of recent global gas supply challenges, prompting the company to actively seek partnerships with developers and industrial off-takers for these innovative projects.
IRFC to raise ECB loan worth $2 billion to finance large infra projects
Indian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in Japanese yen to support business growth in the current financial year. The company has already secured a loan agreement for USD 1.1 billion.
PNC Infratech shares: Brokerages see up to 46% upside after Q4 results. Should you buy?
Domestic brokerage firms are optimistic about PNC Infratech's recovery, projecting a stock rise to ₹315 with a 46% upside. Strong order book and new business segments are seen as growth drivers, while cash inflows strengthen its position for future projects.
Farmhouses, plots near Delhi NCR see demand surge as city homes get costlier
Homebuyers and investors are increasingly drawn to plotted developments and farmhouse communities within a two-hour drive of major cities. Rising urban housing costs are fueling this trend. Areas like Sonipat, Panipat, and Faridabad in NCR are seeing significant plotted development activity. Naugaon in Rajasthan is emerging as a popular destination for farmhouse projects.
Adani, Reliance, Lodha, JSW bid for 206-acre Mumbai redevelopment projects
Leading real estate firms are vying to redevelop three large housing colonies in Mumbai. These projects span prime areas like Worli, Bandra Reclamation, and Andheri West. The Maharashtra Housing and Area Development Authority is overseeing the process. This initiative aims to upgrade living standards for residents in older colonies. It promises modern housing and improved urban infrastructure for thousands.
Delhi-NCR to get highway projects worth Rs 34,000 cr: Gadkari
Delhi-NCR is set to receive a major transport upgrade. Over ₹34,000 crore will be invested in new highway projects. These include expressways, ring roads, tunnels, and elevated corridors. The government aims to create a modern and future-ready transport network. This initiative will boost connectivity, reduce fuel use, and promote economic growth in the region.