REITs and InvITs to be added in Nifty indices from September 30

25 Aug 2021 CW Team

As per the new eligibility criteria revealed by NSE, from September 30 onwards, Infrastructure Investment Trusts and Real Estate Investment Trusts (REITs) would be included in the Nifty records.

The media reports revealed that every equity share, InvITs and REITs that are sold at the NSE are eligible for inclusion in the Nifty indices.

Under the existing rules, only shares sold on NSE are eligible for inclusion in the Nifty indices.

InvITs and REITs are new investment instruments in India but are well-known in global markets. REIT includes a portfolio of commercial real estate assets, a huge part of which would be rented out. While InvITs includes a portfolio of infrastructure assets like power transmission assets, highways, etc.

In March-end, overall 15 InvITs and four REITs were registered. Of which, three REITs and six InvITs were listed on the stock exchange.

These investment vehicles collected around Rs 55,000 crore in 2020-21, reaching their net assets to Rs 1.64 lakh crore.

The funds were collected via preferential issue, institutional placement, initial offer, and rights issue. Now, the eligibility criteria for the Nifty pharma index has been updated.

In the semi-annual review records Cholamandalam Investment Fin Co, Bank of Baroda, Jindal Steel & Power, PI Industries and Steel Authority of India Ltd (SAIL) would be included in the Nifty Next 50 index.

The index managing sub-committee of NSE Indices has decided to make modifications in the eligibility criteria of Nifty indices and the replacement of stocks in various indices. These changes would be valid from 30 September 2021.

Image Source

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..