Market News
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Tamara Hospitality plans ₹540 crore expansion to double hotel footprint
Tamara Hospitality plans to add about 600 rooms through eight projects over the next three to five years. The company is also adopting an asset-light model to expand beyond its southern base
Arnya Real Estate, Supreme Universal raise Rs 1,000 cr real estate equity fund
Arnya Real Estate Fund Advisors and Supreme Universal have successfully raised over Rs 1,000 crore. This capital will fund redevelopment projects in Mumbai and Pune. The fund targets Rs 1,250 crore and focuses on equity investments. This initiative brings institutional discipline to redevelopment projects. It combines Arnya's investment expertise with Supreme Universal's execution capabilities.
Arnya, Supreme Universal raises ₹1030 crore for Mumbai-focused fund
Real estate projects need capital, including debt and equity, at various stages of their life cycle. However, the source of capital for residential developers is quite limited
Solar Defence announces Rs 12,800 crore investment in robotics, drone and deep tech projects
Solar Defence and Aerospace Limited will invest over Rs. 12,800 crore in manufacturing robots, drones, and missiles. The company plans to produce 10,000 drones and 1,000 robots annually. This investment will span the next three to four years. The facility will be India's first AI-Powered Industry 5.0 manufacturing ecosystem. Advanced AI-Powered UAVs, including MALE drones, will be a key focus.
MTR-parent Orkla India shares gain most since listing after Citi projects 35% upside
All four analysts who have coverage on Orkla India have a "buy" rating on the stock which was down nearly 25% from its IPO price as of Thursday's closing.
Mazagon Dock shares surge 11% in anticipation of large orders by the end of FY26
After the second quarter, the Mazagon Dock's management had estimated the revenue for FY26 to be at ₹12,500 crore, up 9% from the previous year and 5% growth in FY27. Beyond that, the management expects to see considerable improvement in revenue and profits once the submarine projects kick in.
Godrej Prop buys land parcels for ₹1,325 crore
Godrej Properties has acquired two land parcels totaling over 16 acres in Gurugram and Kolkata. The company spent approximately ₹1,325 crore on these acquisitions. These land parcels will be used to develop new housing projects. Godrej Properties anticipates a total revenue of around ₹6,150 crore from these upcoming developments. This expansion signals strong business growth amid high demand.
Godrej Properties acquires land in Gurugram, Kolkata; locks in ₹6,150 crore residential project pipeline
Premium projects in Kolkata and Gurugram add over ₹40,000 crore of future sales potential, cementing Godrej Properties' record year for business development.
New rules classify highway project failures as catastrophic; to affect contractor ratings & future contracts
New rules define catastrophic failures in highway projects. These failures will impact contractor ratings and future contract awards. Incidents like bridge collapses or pavement failures requiring full replacement are now classified as catastrophic. Implementation agencies must report such events promptly. The National Highways Authority of India has awarded a major ring road project in Odisha to three concessionaires for development.
Iran Conflict: These stocks have significant exposure to the Middle East
From Larsen & Toubro to Welspun Corp and VA Tech Wabag, these stocks have significant exposure and projects being executed in the Middle East.
Artefact Projects secures Rs 4-cr consultancy contract from NHAI
Artefact Projects said that it has secured a consultancy services contract worth Rs 3.53 crore from the National Highways Authority of India (NHAI).
Brigade Group partners Primus Senior Living to develop three senior living communities
Two of the three developments will be part of larger township projects, enabling access to shared social infrastructure and amenities. The senior living communities will include age-specific facilities such as wellness centres, hobby lounges, medical bays, accessible pathways, concierge services, curated events and inter-generational workshops.