Monday, May 18News That Matters

Business & Finance

Embassy REIT Leases 6.4 MSF in FY2026 and Grows Net Operating Income by 15%; Guides to Double-Digit Growth in FY2027 for the Second Consecutive Year.

Embassy REIT Leases 6.4 MSF in FY2026 and Grows Net Operating Income by 15%; Guides to Double-Digit Growth in FY2027 for the Second Consecutive Year.

Business & Finance, News
Bengaluru, Karnataka, India-​​​​Monday, April 27, 2026 8:31PM IST (3:01PM GMT)Leases 6.4 msf across 86 deals in FY2026 at 17% higher leasing spreads Achieves double-digit growth with revenue up 13% YoY to Rs 4,582 crores and Net Operating Income up 15% YoY to Rs 3,760 crores; Distributions at Rs 2,396 crores (Rs 25.28 per unit), up 10% YoY Delivers record 3.3 msf of new office developments in FY2026 in Bengaluru and Chennai Provides FY2027 guidance with distributions in the range of Rs 27.00 to Rs 28.60 per unit, implying a 10% YoY growth in distributions at midpoint and occupancy in the range of 95%-96% by value Portfolio valuation strengthened, with GAV up 15% YoY to Rs 70,540 crores and NAV up 16% YoY to Rs 491.62 per unit Launch of a 518-key, two Hilton-branded ...
HDFC securities Launches Commodity Derivatives on InvestRight Application

HDFC securities Launches Commodity Derivatives on InvestRight Application

Business & Finance
Mumbai, Maharashtra, India-Tuesday, April 28, 2026 10:15AM IST (4:45AM GMT)HDFC securities, one of India’s leading stockbroking firms, today announced the integration of its new commodity derivatives trading feature on the InvestRight app. This development offers investors a unified and seamless way to participate in the commodities market alongside equities and other asset classes, reinforcing HDFC securities’ commitment to providing an integrated and smarter investing experience.The integration of Commodity Derivatives on the InvestRight app was jointly launched by Ms. Praveena Rai, MD & CEO of MCX, and Mr. Dhiraj Relli, MD & CEO of HDFC securities. This collaboration underscores the industry’s ongoing efforts to enhance accessibility, simplify trading, and promote info...
Bengaluru Yellow & Pink metro lines to spur real estate development across major micro markets; 5-7 million sf of incremental office demand is anticipated: Colliers India

Bengaluru Yellow & Pink metro lines to spur real estate development across major micro markets; 5-7 million sf of incremental office demand is anticipated: Colliers India

Business & Finance
Real estate development to pick pace across key Central Business Districts (CBD), Secondary Business Districts (SBD) and peripheral locationsLikely Grade A office supply of 5–7 msf along Yellow & Pink lines over the next two years Anticipated growth of up to 40% in average housing prices of key localities by 2027 1–2 msf of industrial & warehousing demand expected in key clusters around Yellow & Pink lines Blue line completion by 2028 to catalyse real estate growth in ORR & North BengaluruBengaluru, 22 April 2026: Bengaluru’s economic and real estate growth was set in motion by the rise of the technology sector during the 1990s and early 2000s. As per the recent Colliers’ “Global Tech Markets: Top Talent Locations 2025” report, the city tops the list for ...
Puravankara Q4 sales up by 190 per cent at Rs 3,547 Cr, FY26 sales up by 55 per cent at Rs 7,407 Cr

Puravankara Q4 sales up by 190 per cent at Rs 3,547 Cr, FY26 sales up by 55 per cent at Rs 7,407 Cr

Business & Finance
Monday, Apr 13, 2026 16:04:38 | PuravankaraCustomer collections for Q4 at Rs 1,213 crores up by 36%, FY26 collections at Rs 4,258 croresBengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, reported Q4FY26 sales of Rs. 3,547 crores, compared to Rs. 1,225 crores Y-o-Y, an increase of 190 per cent. The company recorded total sales of Rs. 7,407 crores in FY26, up 55 per cent from the previous fiscal.For the quarter ended March 31, the company recorded collections of Rs 1,213 crores, up 36 per cent from Rs 892 crores for the same period last year. For FY26, customer collections stood at 4,258 crore, up by 15 per cent from Rs. 3,711 crore in FY25. During the quarter, Puravankara handed over 1,301 homes totalling 1....
Reliance Digital Announces ‘Digital Discount Days’ – Biggest Deals on Electronics Now Live.

Reliance Digital Announces ‘Digital Discount Days’ – Biggest Deals on Electronics Now Live.

Business & Finance, News
MUMBAI, India, April 3, 2026 /PRNewswire/ -- Reliance Digital has announced 'Digital Discount Days', their latest nationwide campaign active from 3rd to 19th April.Through the campaign, Reliance Digital is empowering customers to easily buy and upgrade electronics with unbelievable deals, financing options, and added benefits on buying more than one product.Reliance Digital Announces ‘Digital Discount Days’ – Biggest Deals on Electronics Now LiveCustomers can avail instant discount of up to ₹26,000* on leading bank cards. Alternatively, shoppers opting for paper finance can benefit from cashback of up to ₹30,000*. In addition, the retailer is offering a flat 50% discount* on the second product, encouraging bundled purchases across categories such as smartphone...
Shubhashish Homes Doubles FY 25-26 Pre-Sales to Rs423 Cr, Unveils new global brand identity, ‘Sa – The House of Shubhashish’; Targets Rs850 Cr in FY 26-27.

Shubhashish Homes Doubles FY 25-26 Pre-Sales to Rs423 Cr, Unveils new global brand identity, ‘Sa – The House of Shubhashish’; Targets Rs850 Cr in FY 26-27.

Business & Finance, News
Friday, Apr 03, 2026 11:04:10Jaipur, April 3, 2026:Shubhashish Homes, a part of JK Jajoo Ventures, has delivered an exceptional performance in FY 25-26, achieving ₹423 crore in pre-sales—nearly doubling its ₹211 crore milestone from the previous financial year, marking a remarkable year-on-year growth of close to 100%.Buoyed by this strong momentum, the company has charted an ambitious roadmap for FY 26-27, setting a pre-sales target of ₹850 crore, underscoring its confidence in sustained market demand, strategic expansion, and brand strength.The announcement was made at an elegant and grand annual event gathering hosted at Jaipur Marriott Hotel, Jaipur, attended by key stakeholders, partners, and leadership.In a defining moment for the brand, the company unveiled its e...
Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Business & Finance, News, PROPERTY MATTERS
With total built-up area of approx. 20,000 sq. ft., the project will have 4 ultra-luxury independent floors with state-of-the-art amenitiessNew Delhi, March 30, 2026: Golden Growth Fund (GGF), a category II real estate focused Alternative Investment Fund (AIF) designed for South Delhi, today announced the acquisition of a prime land parcel at Gulmohar Park in South Delhi. The company plans to develop ultra-luxury independent floors on this land parcel with estimated revenue potential of approx. Rs 100 crore, further strengthening its presence in the posh and end-use driven South Delhi market.This is the Fund’s third acquisition in South Delhi since its launch in September 2024 after Anand Niketan and Neeti Bagh where construction is on in full swing.Gulmohar Park is one of Sout...
Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Business & Finance, News, PROPERTY MATTERS
Bengaluru emerges as a realty hotspot as the city, for the first time, records the highest sales and supply among top 9 cities.Delhi-NCR recorded the highest growth in sales and supply amongst top 9 cities.National, March 30, 2026: The housing sales in India’s top 9 cities continued to decline in Q1 (January-March) 2026, falling below the 1 lakh unit mark after 18 quarters, owing to fewer supply across most major cities.According to NSE-listed real estate data analytics company PropEquity, housing sales fell by 13% YoY and 6% QoQ to 98,761 units while launches fell by 19% YoY and 8% QoQ to 92,411 units in January-March 2026.Bengaluru, with sales of 17,991 units, emerged as the highest selling market. The city recorded 16% QoQ and 3% YoY growth.Delhi-NCR with 12,141 un...
Holcim completes acquisition of majority stake in Cementos Pacasmayo.

Holcim completes acquisition of majority stake in Cementos Pacasmayo.

Business & Finance
Acquisition is a milestone in Holcim’s Latin America expansion, bringing a complementary portfolio of building materials and solutions in Peru Cementos Pacasmayo reported 2025 net sales of USD 630 million and an adjusted EBITDA margin of 28% Transaction value implies 7.1x EBITDA multiple after expected run-rate synergies of around USD 40 million in year three; EPS accretive in year one Zug | 30 March 2026-Holcim has completed the acquisition of a majority stake in Cementos Pacasmayo, a leading Peruvian producer of building materials with reported 2025 net sales of USD 630 million and an adjusted EBITDA margin of 28%. The synergistic acquisition expands Holcim's portfolio of building materials and solutions in Peru and is expected to accelerate profitable growth in the highly a...
CM Siddaramaiah Inaugurates Bengaluru GAFX 2026.

CM Siddaramaiah Inaugurates Bengaluru GAFX 2026.

Business & Finance
Key Highlights:Celebrate the cinematic brilliance of Kantara with Arvind Kashyap as he reveals how subtle VFX and distinctive camera work elevated the storytelling while preserving its cultural authenticity A Fireside chat around Game Communities and Creative Industry by Rajan Navani from Jetline Group of Companies and Sean Hyunil Sohn from Krafton India A session featuring an in-depth creative and technical walkthrough behind Netflix’s hit animated series Kurukshetra by Ashish Thapar of Hitech Animation. A deep dive into the making of the Oscar-nominated short film Cardboard by DNEG, a session on the Oscar-nominated Lost World, and a session on the Making of Deadpool & Wolverine VFX by Prashant Nair, Framestore Building Superhit Character IP Franchises by Grace, Blu...