Aadhar Housing Finance Targets Rs 500 bn AUM By FY29
Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..
Government to Launch Coal Gasification Urea Policy
The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..
Srirampur And Mandamarri Areas Trail In Monthly Coal Production
All production figures in this report are shown in million (mn) to aid comparison. The SCCL Srirampur Area recorded production of 0.316 mn of coal against a monthly target of 0.547 mn in May, achieving 58 per cent of its goal. The area chief general manager, Muniganti Srinivas, briefed media on the unit's monthly performance and attributed mixed results to site conditions. All units were required to prioritise safety and compliance during operations. Several underground mines including RK five, RK New Tech and SRP one recorded more than 100 per cent of their individual targets while SRP three ..

