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 19 Dec 2025 11:36 PM   EconomicTimes

Brookfield India REIT raises Rs 2,000 cr through sustainability-linked bonds

Brookfield India Real Estate Trust has successfully raised Rs 2,000 crore via sustainability-linked bonds. The International Finance Corporation acted as an anchor investor. This follows a recent Rs 3,500 crore equity raise. These funds will support future growth and expansion plans. The REIT is also acquiring Ecoworld for Rs 13,125 crore. This marks significant capital raising for the company.

 19 Dec 2025 10:59 PM   EconomicTimes

Dense fog disrupts Delhi airport ops; 177 flights cancelled, over 500 delayed on Friday

Dense fog severely impacted Delhi airport on Friday. Over 170 flights were cancelled and more than 500 faced delays. Airlines are offering refunds and rescheduling options. Airport authorities are providing passenger support. Flight operations are now reported as normal. This disruption affected both domestic and international services.

 19 Dec 2025 10:31 PM   EconomicTimes

IHCL, GVK-Bhupal family redefine alliance from JV to long-term management arrangement

Indian Hotels Company is shifting its partnership with the GVK-Bhupal family. The joint venture for Taj GVK Hotels and Resorts will now operate under long-term management contracts. This move aligns with IHCL's strategy to focus on capital-light growth. The GVK-Bhupal family will retain majority ownership. This transition aims to unlock capital for expansion and improve returns.

 19 Dec 2025 10:10 PM   EconomicTimes

Railways failed to recover Rs 4,087 crore dues from private siding owners till March 2023: CAG

Indian Railways has failed to recover over Rs 4000 crore from private siding owners. This outstanding amount includes land license fees. A CAG report highlighted issues with agreements and billing. The railways are urged to improve monitoring and implement IT solutions for timely recovery. This situation impacts railway finances and operational efficiency.

 19 Dec 2025 09:24 PM   EconomicTimes

'Worst is behind us': IndiGo CEO Pieter Elbers on flight disruptions

 19 Dec 2025 09:20 PM   EconomicTimes

How GCCs are changing India’s commercial real estate market

Global Capability Centres are significantly boosting India's office space demand. These centres are now hubs for innovation and core functions, not just cost savings. This trend is leading to expansion in major cities and emerging Tier-2 locations. Hybrid work models are also influencing office design, focusing on quality and flexibility. This shift is making office strategy a key boardroom discussion.

 19 Dec 2025 09:09 PM   EconomicTimes

RBI slaps Rs 62 lakh fine on Kotak Mahindra Bank

The Reserve Bank of India has fined Kotak Mahindra Bank Rs 61.95 lakh. The penalty is for not following rules on basic savings accounts and business correspondents. The bank also gave incorrect information to credit information companies. These violations were found during a recent inspection of the bank's financial position.

 19 Dec 2025 09:04 PM   EconomicTimes

Union Home Minister Amit Shah urges developers to create dedicated green areas in projects

Union Home Minister Amit Shah urged CREDAI to integrate green spaces into every real estate project, emphasizing decentralized reforestation. He also called for increased labor skilling and transparent land banking, highlighting GST reforms' benefits. CREDAI is actively planting trees and promoting green building norms to combat urban pollution.

 19 Dec 2025 09:03 PM   EconomicTimes

Indian Railways clarifies, no rule mandating printed copy of unreserved tickets

Indian Railways has clarified that passengers do not need to carry printed unreserved tickets. Digital tickets on mobile devices are acceptable. This clarification counters recent media reports. Meanwhile, Indian Railways is enhancing passenger experience by introducing regional cuisines on Vande Bharat trains. Passengers can now enjoy local flavors from various states across different routes.

 19 Dec 2025 08:59 PM   EconomicTimes

BMW bikes set to get costlier: Motorrad India confirms price hike from January 1, 2026; Details inside

BMW Motorrad India will increase prices on its bikes by up to six percent starting January 1, 2026. This change affects both locally made and imported models. The company cites foreign exchange pressure and higher input costs as reasons for the adjustment. This move aims to ensure profitability and support its dealer network.

 19 Dec 2025 08:47 PM   EconomicTimes

SBI onboards 541 probationary officers to strengthen its future-ready leadership

The recruitment drive was undertaken to induct young and dynamic talent into SBI's junior management cadre through one of the most significant hiring initiatives in the industry, building the bank's leadership pipeline and its long-term commitment to excellence in banking services, SBI said in a statement.

 19 Dec 2025 07:46 PM   EconomicTimes

Shree Cement locks out Baloda Bazar plant in Raipur

Shree Cement has announced a lockout at its Baloda Bazar plant in Chhattisgarh starting December 18. This action is due to non-cooperation from workmen. The company anticipates a daily loss of approximately 10,000 tonnes in cement production. Shree Cement is monitoring the situation and will provide further updates as developments occur.

 19 Dec 2025 06:49 PM   EconomicTimes

Civil aviation sector's challenges boosted resolve to enhance safety, public confidence: Official

Civil Aviation Secretary Samir Kumar Sinha also said India's domestic air passenger traffic has grown at an annual average rate of 9 per cent over the past decade and fleet strength has more than doubled to 844 aircraft this year from 395 planes in 2014, underscoring the extraordinary momentum of the sector.

 19 Dec 2025 06:05 PM   EconomicTimes

Defunct Kingfisher airline's former staff get long-overdue Rs 312 crore payout after 12-year wait

Kingfisher Airlines employees will finally receive Rs 312 crore in unpaid dues. This comes after a decade of waiting since the airline shut down. Funds recovered from attached assets will now be disbursed to former staff. This marks a significant relief for thousands who faced financial hardship. The Debt Recovery Tribunal approved the priority payment to workers over lenders.

 19 Dec 2025 05:24 PM   EconomicTimes

Reliance Consumer Products picks up majority stake in TN's Udhaiyams Agro Foods

Reliance Consumer Products Ltd has acquired a majority stake in Tamil Nadu-based Udhaiyams Agro Foods Pvt Ltd, known for its 'Udhaiyam' brand. This strategic move strengthens Reliance's staples portfolio, aiming to expand Udhaiyam's reach nationally while maintaining its legacy of quality and affordability.

 19 Dec 2025 05:13 PM   EconomicTimes

Inox to acquire Macquarie-owned renewable platform Vibrant

Inox Green Energy is set to acquire Vibrant Energy from Macquarie Asset Management. The deal values Vibrant Energy at $200 million. Vibrant Energy operates a significant renewable energy portfolio and serves major corporate clients. This acquisition marks a key development in India's growing renewable energy sector. The transaction is expected to be completed soon.

 19 Dec 2025 04:10 PM   EconomicTimes

ED attaches assets of Vatika, Unitech in homebuyers 'fraud' case against Ramprastha Group

The Enforcement Directorate has attached assets worth Rs 80 crore belonging to Vatika and Unitech Groups. This action is part of a money-laundering investigation against the Ramprastha group. The probe concerns alleged fraud with homebuyers. Funds collected from buyers were diverted instead of being used for projects. This latest attachment brings the total seized assets to Rs 866 crore.