Mining industry showing recovery from Covid-19 crisis

RITES Expands NUPPL Railway Siding Contract To Rs1,489.3 mn

RITES Limited has expanded the scope of its railway siding contract with Neyveli Uttar Pradesh Power Limited (NUPPL), increasing the contract value to Rs1,489.3 million (mn) from Rs1,201.3 million (mn). The revision covers comprehensive operation and maintenance of the NUPPL/GTPP railway siding and includes hiring of locomotives on a wet-lease basis. The locomotive hire is for a period of 48 months and forms part of the extended operational scope under the agreement. The overall execution period remains five years from the original Memorandum of Understanding dated 13 February 2025, with the e..

India Office Leasing Rises Six Per Cent In H1 2026

A Colliers India report said India's Grade A office market recorded gross leasing of 35.7 million (mn) square feet in the first half of 2026, up six per cent year-on-year despite a softer second quarter amid global trade disruptions. Leasing in April–June totalled 17.4 mn square feet, down two per cent from a year earlier, while Grade A absorption exceeded 15 mn square feet for the ninth consecutive quarter across seven markets. Demand was supported by Global Capability Centres (GCCs), technology firms and flexible workspace operators. Bengaluru led leasing with 10.5 mn square feet in H1 and..

PE Investments Fall 23 per cent To Rs 1.13 bn In H1 2026

Private equity investments in the Indian real estate sector fell 23 per cent year-on-year to Rs 1.13 billion (bn) in the first half of 2026, down from Rs 1.47 bn in H1 of 2025, as investors adopted a more selective approach amid elevated global interest rates, tighter financial conditions and heightened geopolitical uncertainty. The finding appears in Knight Frank's Trends in Private Equity Investment in India: H1 2026 report. Despite the overall decline, the office segment remained the preferred asset class, accounting for 89 per cent of private equity allocations in H1 2026, with the residen..