Bajaj Housing finance raises Rs 45 billion

10 May 2024 CW Team

Bajaj Housing Finance has successfully raised Rs 45 billion through bonds, highlighting investor confidence in the company's financial stability and growth prospects. This significant fundraising effort underscores Bajaj Housing Finance's strategic approach to capital management and its ability to access diverse sources of funding.

The Rs 45 billion raised through bond issuance will provide Bajaj Housing Finance with additional liquidity to support its lending activities and fuel its expansion plans. The funds will be utilised to meet the growing demand for housing finance solutions and to strengthen the company's position in the competitive market.

The successful bond issuance reflects investor confidence in Bajaj Housing Finance's strong credit profile and prudent risk management practices. The company's track record of profitability and its commitment to maintaining high standards of governance have contributed to its attractiveness as an investment opportunity.

Bajaj Housing Finance's ability to raise substantial funds through bonds demonstrates its resilience and agility in navigating market conditions and capitalising on growth opportunities. The company's proactive approach to fundraising underscores its commitment to enhancing shareholder value and driving sustainable growth.

As Bajaj Housing Finance continues to expand its presence in the housing finance sector, stakeholders can expect the company to leverage its strengthened financial position to pursue strategic initiatives and deliver value to its customers and investors alike.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..