India’s aviation expansion requires $170 billion by 2030: S&P Global

Macrotech acquires 7 land parcels for Rs 166 billion housing projects

Macrotech Developers, the Mumbai-based real estate firm behind the Lodha brand, has acquired seven land parcels across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru to develop housing projects with an estimated revenue potential of Rs 166 billion. The company has secured these parcels through a mix of outright purchases and joint development agreements with landowners. In a recent operational update, Macrotech revealed the addition of four projects in Pune and Bengaluru with a combined Gross Development Value (GDV) of Rs 55 billion. In the first half of FY25, the company has alre..

Kotak Mahindra Bank’s pursuit of top-3 spot poses M&A Risks: Bernstein

Kotak Mahindra Bank's ambition to become India’s third-largest private sector lender by 2030 could expose it to significant merger and acquisition (M&A) risks due to integration challenges and weaker returns from smaller banks, according to Bernstein Research, part of Société Générale. The brokerage noted that achieving this goal would likely require inorganic growth, given the difficulty of achieving the necessary profit growth through organic means alone. To surpass Axis Bank and secure the third spot, Kotak Mahindra Bank would need to grow profits at a rate 7% higher than Axis—a ta..