Elevate Homes to Develop Premium Project in Gurugram

IndiGo May Raise Fares to Offset Rising Fuel Costs: CEO

IndiGo may raise airfares to offset a sharp increase in fuel costs, chief executive officer Willie Walsh said, as the airline reported a net loss of Rs. 18.79 bn for the September quarter. Higher fuel expenses and rupee depreciation offset stronger revenue during the period. Walsh said IndiGo would seek to limit fare increases, but the significant rise in its fuel bill left the airline with little choice. He said the company’s efficient cost base and strong liquidity provided flexibility to manage higher operating expenses without undertaking significant cost-cutting measures. Fuel prices ha..

India Inc's ECB, FCCB Fundraising Proposals Rise to $8.13 bn in August

Indian companies, including non-banking financial companies (NBFCs), submitted proposals to raise $8.13 bn through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in August 2026, according to Reserve Bank of India (RBI) data. The amount increased from $7.70 bn in July. Of the August proposals, $7.95 bn was filed under the general permission route, while $180 mn received approval through the special permission route. Prominent proposals included Flipkart Internet’s nearly $1.14 bn borrowing from a foreign equity holder for three years for on-lending or sub..

Ambuja Cements Expects Volume Growth to Outpace Industry in H2

Ambuja Cements expects its sales volumes to grow faster than the cement industry during the second half of fiscal year 2027, as it seeks a recovery in institutional demand after a weak first half. The Gautam Adani-owned company is aiming to rebuild volumes while protecting profitability. The company reported a 90 per cent year-on-year decline in consolidated net profit attributable to owners of the parent to Rs. 1.93 bn for the quarter ended 30 September, from Rs. 17.74 bn a year earlier. The previous year’s profit included a reversal of income-tax provisions worth Rs. 16.97 bn. Revenue from..