Market News
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Arnya invests over Rs 1K crore in housing projects
Many of the projects are at advanced stages of approvals and execution, while some have already commenced sales in key residential markets including Bengaluru. The investments have been routed through Arnya Real Estate Fund-Debt, the firm's category II alternative investment fund registered with the Securities and Exchange Board of India, along with direct investments undertaken by the firm.
Double-engine government to accelerate rail projects in West Bengal: Ashwini Vaishnaw
Union Railway Minister Ashwini Vaishnaw announced 60 next-generation trains for the Kolkata Metro and ₹1 lakh crore in railway projects for West Bengal. Bullet trains connecting Delhi to Siliguri in six hours are also promised. Additionally, 102 Amrit Bharat Stations will be modernized, and 538 railway underpasses will be constructed.
Kolkata metro gets 60 new trains, Rs 1 lakh crore railway projects for West Bengal
Union Railway Minister Ashwini Vaishnaw announced 60 next-generation trains for Kolkata Metro in five years, alongside Rs 1 lakh crore in railway projects for West Bengal. Bullet trains connecting Delhi to Siliguri in six hours were also promised. The state government pledged cooperation for faster project execution.
Bajel Projects sees FY27 revenue and margin growth; execution remains key focus | Q&A
Bajel Projects MD & CEO Rajesh Ganesh discusses the company's 2026-27 (FY27) outlook, execution-led growth strategy, exposure to commodity-price volatility, international expansion plans, and ongoing capacity expansion at its Ranjangaon manufacturing facility.
Suvendu Adhikari pushes time-bound land handover as ₹1 lakh crore railway projects gather pace in West Bengal
West Bengal is set to see massive railway development. Projects worth approximately one lakh crore rupees are planned. CM Suvendu Adhikari has instructed district magistrates to create timelines for land acquisition. This move aims to expedite the implementation of these crucial railway projects across the state. The central government has pledged full support for this expansion.
Sixty next-generation trains to be introduced for Kolkata Metro in 5 years: Union Minister Ashwini Vaishnaw
Sixty new trains will join the Kolkata Metro network in the next five years. Ashwini Vaishnaw made this announcement. He also stated that railway projects in West Bengal will receive a boost. High-speed train corridors are planned to connect Siliguri to New Delhi in six hours. This aims to significantly cut travel time.
Hindustan Zinc plans Rs 50k-cr capex pipeline for next 5 years
Hindustan Zinc will invest ₹40,000-50,000 crore in the next five years. This will double refined metal capacity and ore production. Metal reserves will more than triple. The company has approved new projects costing nearly ₹17,000 crore. This expansion aims to boost production and secure long-term mining operations.
Terra Grande to launch three luxury second-home projects in next 12 months
Terra Grande, a luxury second-home brand, is expanding its portfolio. Three new projects are planned within the next year. These developments will be in Kasauli, near Rishikesh, and Sirmaur. The company is also continuing its ongoing projects. These combined developments will offer over 100 luxury residences. The brand sees strong demand for luxury second homes in India.
IFC commits USD 50 million to Hygenco to promote green hydrogen in India
International Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects across India. The investment aims to scale up competitive green hydrogen supply for industries. Hygenco will develop projects and strengthen supply chains. This initiative will create jobs and support India's energy transition.
Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumes
Coal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import dependence on high gross calorific value coal and meet growing industrial needs. Record coal will be offered in linkage auctions targeting the sponge iron sector. Steel producers gain flexibility to sell coal byproducts. New projects can secure coal linkages before commissioning.
Maruti Suzuki to invest Rs 925 crore by FY31 towards green energy initiatives
Maruti Suzuki India Ltd announced a Rs 925 crore investment by FY 2030-31 for green energy, including two biogas projects. A new 10 TPD biogas plant will be set up at its Kharkhoda facility by FY 2026-27, while the Manesar plant's capacity has been expanded. These initiatives aim to reduce fossil fuel dependence and align with the government's 'Waste-to-Wealth' mission.
Hindustan Construction secures Rs 127-cr Wangchhu Hydroelectric project
The scope of work includes construction of diversion tunnels, hydromechanical gates and cofferdams. The contract is scheduled to be completed within nine months. The award follows WHPL's technical and financial evaluation process and reflects HCC's proven expertise in executing complex hydroelectric projects in challenging geographies.