Business

Bengaluru-based real estate giant Sattva Group plans to invest approximately Rs 800 crore in Goa’s property market over the next two years, capitalizing on the region’s growing appeal driven by enhanced infrastructure and connectivity. Having launched the second phase of its flagship ‘Sattva Water’s Edge’ project near Dabolim airport, the company is poised to develop additional residential ventures, including a gated community.

Indian equity markets are bracing for a pivotal week marked by a high-stakes U.S. trade policy deadline, key corporate earnings releases, and volatile foreign capital flows. The expiration of the 90-day suspension of additional U.S. tariffs on Indian goods looms on July 9, potentially triggering a 26% import duty unless negotiations yield a reprieve. Market sentiment will also be shaped by Q1 results from sectoral bellwethers like TCS and Avenue Supermarts, movements in Brent crude prices, rupee-dollar trends, and the release of U.S. Federal Reserve policy minutes.

Smartworks Coworking Spaces Ltd, a prominent player in India’s flexible office space sector, is launching its initial public offering (IPO) on July 10, with the subscription window closing on July 14. The company has revised its IPO size, reducing the fresh issue to Rs. 445 crore and the offer for sale (OFS) to 33.79 lakh shares. Proceeds will be deployed for capital expenditure, debt repayment, and corporate needs.

SOTC Travel is targeting robust double-digit growth for the fiscal year ending March 2026, driven by an aggressive expansion into regional India and evolving travel preferences, according to Managing Director and CEO Vishal Suri. Emphasizing the growing significance of pilgrimage tourism, particularly during the Shravan season with a focus on the 12 Jyotirlingas, SOTC is strategically enhancing its omnichannel presence and investing in technology and partnerships.

June 2025 marked a significant turning point in India’s automotive sector, with electric motor car sales soaring over 1,200% year-on-year, even as traditional internal combustion engine (ICE) passenger car sales declined amid subdued consumer sentiment. Truck rentals maintained strength, buoyed by private sector demand and export-driven freight, registering a 5% year-on-year growth. Meanwhile, fuel consumption trends reflected a mixed yet structurally positive outlook, with petrol rising 6.4% and diesel growing 1.2% compared to June 2024.

Signature Global, a prominent real estate developer based in Gurugram, has acquired nearly 10 acres of land in Sohna Tehsil as part of its aggressive expansion strategy. The company aims to leverage this acquisition, with a potential sales area exceeding 5.3 lakh square feet, to fuel its growth across mid-income to luxury housing segments.

Transrail Lighting, a leading engineering, procurement, and construction (EPC) company in India’s power transmission and distribution sector, is positioning itself to secure an 8–10% market share in project allocations from Power Grid Corporation of India in FY26. Backed by a robust unexecuted order book and aggressive expansion strategies across key global markets, the company is leveraging India's rising infrastructure investments to consolidate its position.

Indian companies are increasingly targeting Sri Lanka as a promising destination for overseas expansion, leveraging the island nation’s cultural affinity and geographic proximity. ITC Group CEO Sanjiv Puri highlighted the natural synergy between the two countries, amplified by India’s growing competitiveness, technological prowess, and evolving Free Trade Agreements (FTAs). Amid India’s rapid industrial revival—particularly in electronics and semiconductors—enterprises are ambitiously extending their footprint beyond domestic borders.

Reliance Industries Ltd. is preparing for a transformational leap by investing heavily in generative artificial intelligence (AI) infrastructure and clean energy, with Morgan Stanley projecting a potential USD 50 billion boost in the conglomerate’s market valuation. With its current valuation exceeding USD 240 billion, Reliance’s future trajectory is increasingly tied to its diversification into AI and new energy verticals. The company is constructing a 1GW AI data center in Jamnagar, powered by renewable energy, while also advancing battery manufacturing and green hydrogen production.

Hindustan Copper Ltd (HCL) is embarking on an ambitious expansion strategy to increase its mining capacity from 3.47 million tonnes to 12 million tonnes per annum by fiscal year 2030-31. Central to this growth plan is a strategic collaboration with Chile’s copper giant Codelco, aimed at enhancing technical expertise and deep exploration capabilities. Despite facing critical scrutiny from the Comptroller and Auditor General (CAG) over past project delays and financial mismanagement, HCL recorded record underground ore production at its Malanjkhand Copper Project.