Thursday, October 8News That Matters

Business & Finance

NSE IPO Announced: Price Band ₹1,700–₹1,785; Bidding Opens September 17.

NSE IPO Announced: Price Band ₹1,700–₹1,785; Bidding Opens September 17.

Business & Finance
The highly anticipated public issue is an entirely Offer-for-Sale (OFS) of up to 12.64 crore equity shares, closing on September 21, 2026.National Stock Exchange of India Limited’s Initial Public Offering to Open on 17th September 2026, Price Band set at Rs 1,700 – Rs 1,785 Per Equity Share of face value of Rs. 1 each• Price band of Rs 1,700 – Rs 1,785 per Equity Share bearing face value of Rs. 1 each (“Equity Shares”) • Anchor Investor Bidding Date – 16th September 2026 • Bid/Offer Opening Date 17th September 2026 and Bid/Offer Closing Date 21st September 2026 • Minimum Bid Lot is 8 Equity Shares and in multiples of 8 Equity Shares thereafter15 September, Bangalore: National Stock Exchange of India Limited has fixed the price band of Rs 1,700/- to Rs 1,785/- per Equity Shar...
RINAC, Gonvarri Launch JV to Reshape India’s Industrial Real Estate and Warehousing Landscape.

RINAC, Gonvarri Launch JV to Reshape India’s Industrial Real Estate and Warehousing Landscape.

Architecture, Business & Finance, News, World
RINAC and Gonvarri Material Handling form CONSTRUCTOR RINAC to deliver integrated warehouse and intralogistics solutions in India - New joint venture combines European engineering and storage expertise with RINAC’s Indian market presence and project execution capabilities Bengaluru, September 9, 2026: RINAC India Limited and Gonvarri Material Handling (GMH) have formally established CONSTRUCTOR RINAC Private Limited, a new joint venture focused on providing integrated warehouse storage, intralogistics and cold-chain warehouse solutions to the Indian market. The JV marks the evolution of the companies’ long-standing distributor relationship into a strategic partnership aimed at addressing the growing demand for space-efficient, high-density and technology-enabled warehouse solutions in In...
Holcim to acquire Fermacell.

Holcim to acquire Fermacell.

Business & Finance, News, World
Zug | 20 August 2026-Established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million Premium brands fermacell® and Aestuver® expanding Holcim’s high-value Building Solutions Run-rate EBITDA synergies of around EUR 22 million to be realized in year three A milestone in Holcim's NextGen Growth 2030 strategy shaping the future of sustainable constructionHolcim has entered into an agreement to acquire Fermacell from James Hardie Industries plc. Fermacell is an established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million. It is a leader in high-performance fibre gypsum and cement-bonded boards, and home to premium sustainable brands such as ferm...
L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

L&T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

Business & Finance, News
Mumbai, Maharashtra, IndiaIntroduces three commercials to drive awareness for Gold Loan offerings with the tagline ‘Koi Bhi Sapna Hold Mat Karo, L&T Finance Gold Loan Karo’ Launches an Integrated Marketing Campaign in key markets in eight states and one union territory.L&T Finance Ltd. (LTF), one of the leading retail financiers in the country, introduced three new TV commercials (TVC) with the tagline, ‘Koi Bhi Sapna Hold Mat Karo, L&T Finance Gold Loan Karo,’ featuring its brand ambassador, Jasprit Bumrah. Through this campaign, LTF will drive awareness for its Gold Loan offerings and empower individuals, micro-entrepreneurs, and households to unlock the value of their idle gold to fuel their growth, aspirations, and dreams. L&T Finance laun...
Puravankara Q1FY27 revenue surges 63% to ₹877 crore; PAT at ₹25 crore.

Puravankara Q1FY27 revenue surges 63% to ₹877 crore; PAT at ₹25 crore.

Business & Finance, News
Friday, Aug 14, 2026 17:56:43Pre-sales up 28% at ₹1,439 crore; adds ₹5,200 crore of GDV in BengaluruBengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, reported a strong start to FY27, backed by improving realisations and disciplined execution across its residential and commercial portfolio.Puravankara reported a Profit After Tax (PAT) of ₹25 crore in Q1FY27, compared to a loss of ₹69 crore in Q1FY26, while EBITDA margin expanded to 25% from 15%. The company handed over 745 homes covering 0.94 msft during the quarter, up from 667 units in Q1FY26, sustaining the execution momentum built through FY26.Total revenue for Q1FY27 stood at ₹877 crore, up 63% YoY from ₹539 crore in Q1FY26. Operating inflows for t...
Green debt’s share in REITs doubled to 12% during 2022-26; sustainability-led funding momentum remains strong: ICRA

Green debt’s share in REITs doubled to 12% during 2022-26; sustainability-led funding momentum remains strong: ICRA

Business & Finance, News
Green debt in REITs grew sevenfold to ~Rs. 8,400 crore in March 2026 from ~Rs. 1,200 crore in March 2022August 11, 2026- -ICRA expects sustainable financing to play an increasingly important role in the funding strategy of Indian real estate investment trusts (REITs) over the medium term, supported by a high proportion of green-certified assets, growing environmental, social and governance (ESG) commitments, rising preference of investors for sustainable investments and evolving regulatory frameworks. Reflecting this trend, outstanding green borrowings of Indian REITs increased sharply to around Rs. 8,400 crore as of March 2026 from approximately Rs. 1,200 crore in March 2022, doubling the share of green debt in total REIT borrowings to about 12% from 6% during the period. ICRA expect...
India office market remains firm at 35.7 msf leasing in H1 2026; albeit a cautious second quarter: Colliers India

India office market remains firm at 35.7 msf leasing in H1 2026; albeit a cautious second quarter: Colliers India

Business & Finance
Q2 2026 sees 17.4 msf of Grade A space uptake with a moderate YoY dip of 2%Technology sector drives 43% of conventional leasing during Q2 2026, followed by BFSI firms with 13% share Flex spaces account for over one-fourth of the total office space demand in Q2 2026 Bengaluru & Hyderabad cumulatively account for over half of the quarterly demand of office spaces in India New supply moderates to 10.7 msf during the quarter, majorly driven by additions in Bengaluru Bengaluru, 25 June 2025: Growth momentum of India’s office market has remained intact through the first half of 2026 despite a slower second quarter. H1 2026 recorded 35.7 million sq ft of gross leasing across the top seven cities, a 6% rise compared to the corresponding period in 2025. While Grade A space up...
Oberoi Realty Announces the launch of its ultra-luxury project Three Sixty North in Gurugram.

Oberoi Realty Announces the launch of its ultra-luxury project Three Sixty North in Gurugram.

Business & Finance
The 14.8 acre Ultra Luxury development in Sector 58 on Golf Course Extension Road brings Oberoi Realty's quality of design and excellence to North India's most sought-after residential corridor National, June 29th, 2026: Oberoi Realty today announced the launch of Three Sixty North, an ultra-luxury development spread across 14.8 acres and located on Golf Course Extension Road, Sector 58, Gurugram.Drawing inspiration from Three Sixty West in Mumbai, Three Sixty North personifies Oberoi Realty’s vision for the future of ultra-luxury living. The project brings together refined architecture, design-led expansive homes, and lifestyle experiences. Located on one of Gurugram's most established luxury residential corridors, the development has been envisioned to create a new landmark that ...
Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Business & Finance, News, PROPERTY MATTERS
NEW DELHI, INDIA – June 23, 2026 – Square Yards, India's leading integrated real estate and mortgage platform, today announced the successful closure of a Rs 900 crore ($95 million) capital raise. The strategic investment, which comprises a mix of debt and equity, was anchored by EAAA Alternatives and saw participation from global corporate credit manager Muzinich & Co.Following this capital infusion—which was completed at an equity valuation significantly higher than its previous round—Square Yards has firmly solidified its position as a dominant force in the global proptech ecosystem. Building on this momentum, the company is also looking to close another $50-60 million over the next quarter as part of its ongoing capital strategy.Over the past several years, Square Yards has...
Solar & wind expansion set to trigger USD 10–15 Billion land investments by 2030: Colliers India.

Solar & wind expansion set to trigger USD 10–15 Billion land investments by 2030: Colliers India.

Business & Finance, News
Thursday, May 21, 2026 16:05:18 | Colliers•  India's renewable energy capacity stood at 251 GW in 2025; solar & wind together account for three-fourths of installed capacity•  Land, industrial & warehousing segments emerge as key beneficiaries in real estate•  Around 270-300 GW of solar & wind capacity to be added by 2030; 7 lakh acres of land opportunity to be unlocked in upcoming projects•  Renewable energy OEMs likely to lease 4-7 million sq ft of industrial & warehousing space annually driving 10-15% of the overall demandBENGALURU, India, May 21, 2026 /PRNewswire/ -- India's renewable energy landscape is poised for significant expansion in the coming years supported by strong policy push and increasing investments especially in solar and wind energ...