Raymond Realty Achieves 50:50 JDA Portfolio Mix One Year Ahead of Schedule in FY26
Raymond Realty reported a robust financial performance for FY26, highlighted by a 29% increase in annual total income and a significant 53% surge in Q4 revenue. The company successfully accelerated its strategic transition to an asset-light model, reaching its target 50:50 portfolio mix between legacy land and Joint Development Agreements (JDAs) a full year ahead of previous guidance.
HDFC Bank Receives RBI Approval for 9.95% Stake in ICICI and Kotak Mahindra Bank
The Reserve Bank of India has permitted HDFC Bank group entities to increase their aggregate shareholding in ICICI Bank and Kotak Mahindra Bank to 9.95%. This regulatory clearance allows units like HDFC Mutual Fund and HDFC Life to maintain strategic investment positions within their normal course of business.
ACME Solar Holdings Subsidiary Commissions 8 MW Wind Power Project in Gujarat
ACME Solar Holdings Limited has announced the successful commissioning of an 8 MW wind power project in Gujarat through its subsidiary, ACME Eco Clean Energy Private Limited. The facility received its official certification from the Gujarat Energy Development Agency on May 05, 2026, marking a transition to active commercial operations.
ArisInfra Solutions Secures ₹400 Crore DAAS Order from Wadhwa Group for Panvel Project
ArisInfra Solutions Limited has secured a significant service contract through its subsidiary to support the acceleration and monetization of Wadhwa Wise City. The eight-month engagement utilizes the Developer-as-a-Service model to target achievement values of ₹400 crore for the Panvel township project.
Mahindra Lifespace Launches Mahindra BeaconHill in Mumbai with ₹1,650 Cr Potential GDV
Mahindra Lifespace Developers has returned to the South Mumbai luxury real estate market with the launch of Mahindra BeaconHill in Mahalaxmi. The project, featuring an ultra-premium standalone 58-storey tower, represents a significant addition to the company portfolio with an estimated Gross Development Value of ₹1,650 crore.
Kabra Drugs Announces AI-Defense Tech Hub and Pharma Expansion in South India
Kabra Drugs Limited is diversifying its operations by establishing an AI-integrated defense research facility in Chennai and expanding its pharmaceutical manufacturing footprint across South India. The dual-sector strategy aims to leverage high-growth therapeutic markets and national security technology opportunities to drive long-term value creation.
Godrej Properties Reports Record FY26 Bookings of ₹34,171 Cr; Targets ₹39,000 Cr in FY27
Godrej Properties Ltd achieved its best-ever annual performance in FY26, surpassing its booking guidance by 26.5% to reach ₹34,171 crore. The company reported a 32% year-on-year increase in net profit and has significantly raised its growth targets for the upcoming fiscal year.
Punjab & Sind Bank Reports Record ₹1,322 Cr Net Profit; Advances Surge 18% in FY26
Punjab & Sind Bank reached a historic milestone by reporting its highest-ever annual net profit of ₹1,322 crore for FY26. The bank demonstrated robust credit growth across retail and MSME segments while outlining a clear roadmap to reach a ₹4 Lakh crore business by FY29.
Omaxe Ltd Subsidiary Secures UP RERA Registration for Two Commercial Blocks in Lucknow
Omaxe Ltd’s wholly-owned subsidiary, M/s Omaxe Garv Buildtech Private Limited, has received RERA registration certificates for two commercial blocks in Lucknow, Uttar Pradesh. These approvals for Commercial-3 Block-1 and Block-2 allow the company to commence marketing, sales, and transfer activities for the project through December 2030.