Business

The India Infrastructure Finance Company Ltd. (IIFCL) is projected to expand its loan book to Rs. 1 lakh crore by FY27, reflecting a strategic response to India’s growing infrastructure needs. As the government accelerates investments in highways, urban transit, renewable energy, and smart city projects, IIFCL is poised to play a pivotal role in providing long-tenor, structured financing that bridges the funding gap for large-scale initiatives.

India’s online food delivery industry continued its upward trajectory in the third quarter as major platforms reported robust growth driven by rising consumer demand, urban digital adoption, and expanding restaurant partnerships. Companies such as Swiggy, Zomato, and magicpin recorded steady order volumes and increased engagement across metropolitan and tier-two cities. The sector’s performance reflects a broader shift in consumer behavior toward convenience-based digital services, supported by improved logistics and aggressive promotional strategies.

Global olive oil major Deoleo has appointed Vishal Sarin as General Manager for its India operations, signaling a renewed strategic focus on one of the world’s fastest-growing consumer markets. The leadership transition comes at a time when premium edible oil consumption is expanding across urban India, driven by rising health awareness and evolving dietary preferences. Sarin is expected to spearhead brand growth, distribution expansion and market penetration initiatives.

Ride-hailing major Uber Technologies Inc. has received a renewed operating license in Karnataka from the state transport authority, providing regulatory clarity in one of India’s most significant mobility markets. The approval from the Karnataka State Transport Authority ensures the company can continue its services across the state under established compliance norms. The renewal follows heightened scrutiny of aggregator platforms and signals a stabilizing regulatory environment for app-based mobility operators.

MRF Ltd. has announced an investment of Rs. 5,300 crore in a new greenfield manufacturing facility in Tamil Nadu, reinforcing its long-term growth strategy and capacity expansion plans. The proposed project is expected to enhance production capabilities, generate employment and strengthen the company’s domestic and export footprint. The move reflects sustained confidence in India’s automotive demand outlook despite cyclical volatility in raw material prices and global trade dynamics.

India’s domestic aviation market recorded a 4.36 percent year-on-year increase in passenger traffic in January, reflecting sustained travel demand and improved route capacity management. The growth underscores the resilience of the sector amid fluctuating fuel prices and evolving fare dynamics. Airlines collectively carried millions of passengers during the month, supported by higher load factors and network expansion across tier-II and tier-III cities. 

India’s financial enforcement machinery intensified its scrutiny of high-profile corporate figures after the Enforcement Directorate provisionally attached a residential property linked to industrialist Anil Ambani. The action forms part of an ongoing investigation under anti-money laundering provisions and relates to alleged financial irregularities connected with corporate borrowings. Authorities indicated that the attachment aims to secure assets pending further adjudication.

Engineering solutions provider DEE Development Engineers has secured new orders worth Rs. 170 crore, reinforcing its execution pipeline and signaling sustained demand across industrial and infrastructure sectors. The contracts are expected to enhance revenue visibility and support operational momentum over the coming quarters. Industry analysts note that consistent order inflows are critical indicators of business stability in capital-intensive engineering segments. 

India’s sugar exports have reached 2.01 lakh tonnes in the current marketing cycle, reflecting steady overseas demand despite tighter domestic supply conditions. The export performance comes at a time when policymakers are balancing global trade commitments with local price stability and food security considerations. Industry participants attribute the shipments to previously contracted volumes and calibrated export permissions. While the figure remains modest compared to peak export years, it signals India’s continued relevance in global sugar trade flows.

India’s residential real estate sector is undergoing a structural transformation, with luxury housing emerging as a key growth driver in high-demand urban corridors. In Gurugram, premium developments are reshaping the skyline as developers pivot toward high-margin, lifestyle-focused projects. Signature Global has intensified its presence in this segment, leveraging improved infrastructure, rising disposable incomes and aspirational homeownership trends.