Mahindra Lifespace Developers Ltd., a prominent Indian real estate and infrastructure development firm headquartered in Mumbai, is a subsidiary of the esteemed Mahindra Group. Established in 1994, the company continues to expand its footprint in the property development sector.

Raising ₹1,500 Crore 

On February 13, Mahindra Lifespace Developers Ltd. apprised the stock exchanges of its decision to raise up to ₹1,500 crore via a rights issue. The company stated in a regulatory filing that it will soon finalise the record date for the offering.

“The Board has empowered the Rights Issue Committee to proceed with the issuance forthwith, including but not limited to determining the issue price, rights entitlement ratio, record date, timing, terms of payment, and appointment of intermediaries, along with various other related matters,” the company announced.

Mahindra Lifespace Strategic Expansion

In a strategic expansion move, Mahindra Lifespace has secured an 8.2-acre land parcel in North Bengaluru through its subsidiary, Anthurium Developers Ltd. The acquired site boasts a developable potential of approximately 0.9 million square feet and is projected to yield a Gross Development Value (GDV) of nearly ₹1,000 crore.

Ideally situated off the Bangalore-Hyderabad highway, the location enjoys seamless connectivity to the international airport, prominent IT hubs, and key social infrastructure. Merely 1.8 kilometres from the upcoming Doddajala metro station, the site is poised to attract discerning urban homebuyers. 

The development will predominantly feature mid-premium residential apartments, marking Mahindra Lifespace’s seventh foray into the Bengaluru real estate market.

Mahindra Lifespace Q3 FY25 Results

Despite reporting a consolidated net loss of ₹22.47 crore for Q3 FY25—contrasted against a profit of ₹50.02 crore in the corresponding quarter of the previous year—the company showcased robust revenue growth. Its consolidated total income more than doubled to ₹185.77 crore in Q3 FY25 from ₹88.77 crore in Q3 FY24.

This surge in income was driven by Mahindra Lifespace’s highest-ever GDV additions during the quarter, fortifying a strong trajectory for future expansion. However, pre-sales during the period were primarily led by sustenance activities and lagged behind the momentum observed in the previous year.

Share Price Performance 

At 3:31 PM on February 14, 2025, Mahindra Lifespace Developers Ltd shares traded at ₹359.55 per share on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Indian Oil Corporation (IOC), India’s largest state-owned oil and gas enterprise, is engaged in refining, marketing, and distributing petroleum products. 

Secured Long-Term Deal with UAE

In a landmark agreement, IOC has secured a long-term deal worth between USD 7 billion and USD 9 billion to import Liquefied Natural Gas (LNG) from the United Arab Emirates (UAE) over a 14-year period, commencing in 2026.

Under this strategic pact, ADNOC Gas will supply up to 1.2 million tonnes per annum (mtpa) of LNG to IOC from its Das Island liquefaction facility. The agreement was formalised on the sidelines of India Energy Week (IEW), marking a significant milestone in the enduring energy collaboration between the two entities.

“This agreement, valued at USD 7-9 billion over its 14-year tenure, is a major leap forward in our partnership with IOC. We are committed to supporting India’s ambition to increase natural gas to 15% of its primary energy mix by 2030,” ADNOC Gas stated.

This deal with IOC represents the second major LNG supply agreement that ADNOC Gas has inked with an Indian firm at IEW. Earlier, it signed a five-year deal with Bharat Petroleum Corporation Ltd (BPCL) to supply 2.4 million tonnes of LNG, starting April 2025, with a provision to extend for an additional five years upon mutual agreement.

LNG Footprints

Separately, French energy giant TotalEnergies has entered into an agreement to supply 400,000 tonnes per year of LNG to Gujarat State Petroleum Corporation Ltd (GSPC) for a 10-year term, starting in 2026. 

The LNG, sourced from TotalEnergies’ global portfolio, will be delivered to terminals on India’s west coast and will cater to GSPC’s industrial clientele, domestic households, commercial businesses, and CNG-powered vehicles such as auto-rickshaws.

Notably, TotalEnergies had previously, in June last year, secured a 10-year deal to supply 800,000 tonnes of LNG annually to IOC from 2026 onwards. While GSPC operates an LNG import facility in Mundra, Gujarat, IOC has the flexibility to import LNG at Dahej, Gujarat, or at its Ennore terminal in Tamil Nadu.

Share Price Performance 

At 2:30 PM on February 14, 2025, Indian Oil Corporation Ltd shares traded at ₹117.50 per share on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

On February 14, 2025, JioCinema and Disney+ Hotstar officially merged to form JioHotstar under JioStar, a joint venture between Reliance Industries and The Walt Disney Company. The platform brings together content from both services, combining Bollywood, Hollywood, regional entertainment, and sports into one app.

With close to 3 lakh hours of entertainment, live sports coverage, and more than 50 crore users, JioHotstar is expected to redefine entertainment, the company said.

Subscription Plans and Changes for Existing Users

JioHotstar will continue with a mix of free and paid content. Existing Disney+ Hotstar users will retain their current plans, with pricing remaining at ₹149 for mobile, ₹299 for the Super plan, and ₹349 for the Premium (ad-free) plan for three months as per news reports.

JioCinema Premium users will be upgraded to JioHotstar Premium for the remaining duration of their subscription.

End of Free IPL Streaming

The Reliance-Disney joint venture will no longer offer completely free IPL streaming. Since JioCinema acquired IPL rights for five years in 2023 for $3 billion, matches have been streamed without charge. However, the new model will allow free streaming only up to a certain limit, after which users will need a subscription. 

Plans will start at ₹149 per quarter, with an ad-free option priced at ₹499 per quarter.

Features and Content Library

JioHotstar introduces 4K streaming, AI-powered recommendations, multi-angle viewing, and real-time stats overlays for sports. The platform also includes content from Disney, Warner Bros., Discovery, NBCUniversal’s Peacock, HBO, and Paramount.

In addition to films and series, it will stream IPL, WPL, ICC tournaments, English Premier League, Wimbledon, Pro Kabaddi, and ISL.

Merger Details and Ownership

The Competition Commission of India (CCI) and the National Company Law Tribunal (NCLT) approved the merger in August 2024. Reliance holds 60% ownership (16% directly and 47% through Viacom18), while Disney owns 37% of the new entity.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Fortis Healthcare Limited (FHL), one of India’s leading healthcare providers, has announced its acquisition of Shrimann Superspecialty Hospital in Jalandhar. This strategic move will enhance Fortis’ presence in Punjab, bringing its total bed capacity in the state to over 1,000 across five facilities. The acquisition will be carried out through Fortis’ wholly owned subsidiary, Fortis Hospital Limited (FHTL), and is subject to shareholder approval.

As per provisional close, the share price of Fortis Healthcare has settled at ₹603.85 on February 14, 2025. 

Details of the Acquisition

The transaction, valued at approximately ₹462 crore (excluding stamp duty and other regulatory costs), will be an all-cash deal. As part of the agreement, Fortis will acquire not just the operational hospital but also the land on which it stands, along with an additional parcel of land for potential future expansion. The deal aligns with Fortis’ strategy of expanding its footprint in key regional clusters.

About Shrimann Superspecialty Hospital

Established in 2018, Shrimann Superspecialty Hospital is a leading multi-specialty facility in Jalandhar. Situated on a 3-acre site, it currently operates 191 beds, with a capacity to scale up to 270 beds. Furthermore, with the acquisition of an additional 2.4-acre land parcel, the hospital has the potential to expand to over 450 beds in the future.

The facility is accredited by the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and offers a wide range of medical services, including cardiology, nephrology, oncology, neurology, general and laparoscopic surgery, and gastroenterology. For the financial year 2024-25 (based on annualised nine-month figures), the hospital is expected to generate revenue of approximately ₹154 crore, with an EBITDA of ₹36 crore.

Strategic Growth and Future Plans

Dr Ashutosh Raghuvanshi, MD & CEO of the Company, said, “We have been evaluating various acquisition opportunities to expand our presence in our existing markets and to enable us to leverage the benefits of scale and synergies. We believe this acquisition is a good strategic fit as we already have a significant presence in Punjab with ~800 beds across four facilities. The transaction will allow us to capitalize on market opportunities as we expand to more than 1000 beds and further strengthen our market presence in the region. We endeavour to broaden and further strengthen the spectrum of the medical specialities at this facility and deliver exceptional clinical care ably supported by an experienced team of clinicians.”  

Completion Timeline

The transaction is expected to be finalised by the end of March 2025, subject to regulatory approvals and fulfilment of customary conditions outlined in the definitive agreements.

About Fortis Healthcare

Fortis Healthcare Limited is a prominent integrated healthcare provider in India, operating across multiple verticals, including hospitals, diagnostics, and day-care speciality services. The company currently manages 27 healthcare facilities (including joint ventures and operations & management facilities), with a network comprising around 4,700 operational beds and 405 diagnostic labs.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

On February 14, 2025, shares of Vodafone Idea, Indus Towers, and Bharti Airtel witnessed sharp declines after the Supreme Court dismissed their plea challenging the miscalculation in Adjusted Gross Revenue (AGR) dues. As of 1:06 PM, the Vodafone Idea share price had dropped by 5.7%, while Indus Towers share price fell by nearly 5%. Bharti Airtel’s share price also traded lower as investor sentiment weakened following the court’s decision.

Supreme Court Rejects AGR Dues Review Petition

As per a news report, A Supreme Court bench led by Chief Justice of India Sanjiv Khanna, Justice Abhay S Oka, and Justice Sanjay Kumar dismissed the review petitions filed by telecom companies, stating: “We have carefully perused the review petitions as also the grounds in support thereof. In our opinion, no case for review of the order dated 23 July 2021 passed in Miscellaneous Applications is made out. The review petitions are, accordingly, dismissed. Pending applications, if any, shall stand disposed of.”

This ruling reaffirmed the July 2021 Supreme Court judgment, which had previously rejected telecom companies’ claims of errors in AGR dues calculations.

AGR Dues Miscalculation: Vodafone Idea and Bharti Airtel’s Financial Burden

The AGR dues dispute has been a prolonged financial strain on Indian telecom operators. The rejection of the review plea means the following dues remain payable:

• Vodafone Idea AGR dues: ₹58,254 crore
• Bharti Airtel AGR dues: ₹43,980 crore

Previously, the Supreme Court had provided a 10-year repayment timeline for telecom companies to clear their dues to the Department of Telecommunications (DoT). With the latest dismissal, companies must continue repaying as per the original order.

Stock Price Reaction: Vodafone Idea, Indus Towers, and Bharti Airtel Share Prices Drop

Following the verdict, shares of Vodafone Idea, Indus Towers, and Bharti Airtel declined as investors reacted negatively to the news. The Vodafone Idea share price fell by 5.7%, while Indus Towers share price slipped by 5%. Bharti Airtel’s share price was also in the red.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Capacite Infraprojects Limited has secured a significant contract worth ₹1,320 crore from NBCC (India) Limited, a Navratna Central Public Sector Enterprise (CPSE). The project involves the development of Leisure Valley Phase-II Residential Apartments in Greater Noida’s Tech Zone-IV. This contract, awarded on an Engineering, Procurement, and Construction (EPC) basis, also includes a comprehensive 2-year operation and maintenance period.

As of 12:47 PM, the share price of Capacite Infraprojects was down by over 13%. 

Scope of the Project

The awarded contract encompasses the design, engineering, procurement, and construction of residential apartments at Plot No. GH 02 in Greater Noida. This large-scale housing project is expected to contribute to the region’s urban development, aligning with the broader infrastructural goals of NBCC, a government-backed entity responsible for executing key real estate projects across India.

Strengthening Market Presence

Commenting on the same, Mr. Rahul Katyal, Managing Director said, we are delighted to be entrusted by our new client NBCC (India) Limited, a Navratna CPSE, for their project in Greater Noida and also thankful to them for their trust and belief in our capabilities. This signifies an important milestone in our client expansion and strengthens our position as a preferred partner for marquee projects. We remain confident of delivering the project within the stipulated timelines and to client satisfaction. At Capacit’e, it is our continuous endeavour to add quality orders from existing and new clients, in the public and private sectors and we are confident on the growing execution capabilities of the Company. 

About Capacit’e Infraprojects

Capacite Infraprojects is a leading construction services provider, specialising in high-rise and super high-rise buildings, townships, mass housing projects, office complexes, IT parks, and institutional infrastructure such as healthcare facilities and industrial buildings. The company has carved a niche in the building construction segment, leveraging technology, a robust asset base, and the extensive experience of its promoters in the EPC space.

With a growing portfolio of projects across India, Capacit’e has established a reputation as a quality contractor working with major real estate developers. Its continuous efforts to expand its order book highlight its ambition to be a key player in India’s infrastructure development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bank of Baroda (BoB) has received board approval to raise up to ₹8,500 crore through various methods, including a Qualified Institutional Placement (QIP). The fundraising will take place in suitable phases until March 2028, subject to necessary regulatory approvals. 

The decision was made during the board meeting on February 13, 2025.

Extension of Debt Fundraising Timeline

Along with the equity capital raise, the board has also extended the deadline for raising an additional ₹4,000 crore through Additional Tier I (AT I) and Tier II debt capital instruments. This is part of the previously approved ₹7,500 crore capital plan in its meeting dated 05.07.2024.

The deadline for this has now been extended to March 31, 2026, and beyond if required.

Financial Performance

For the December 2024 quarter, Bank of Baroda reported a 5.6% increase in net profit at ₹4,837 crore, compared to ₹4,579 crore in the same quarter the previous year. The total income stood at ₹34,676 crore, up from ₹31,416 crore. Interest income rose slightly to ₹30,908 crore, compared to ₹28,605 crore in the year-ago period.

Despite the increase in net profit, the bank’s net interest income (NII) fell by 2% sequentially, mainly due to a drop in net interest margins (NIMs). The bank now expects NIMs for the current fiscal year to be between 3% and 3.10%, slightly lower than the earlier 3.10-3.20% estimate.

Share Price Movement

Following the board’s decision, Bank of Baroda’s shares closed at ₹210.78 on February 13, down 0.83% from the previous day. The stock has dropped by 13% this year and 18.80% over the last 12 months. In early trade on February 14, shares continued to decline, trading at ₹209.76, down 0.49% at 10:15 AM.

The bank’s credit-to-deposit ratio stands at 84%, close to its peak. However, with deposits expected to grow 9-11% and advances at 11-13%, the ratio is likely to settle at around 80%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

GAIL (India) Limited, a leading Maharatna CPSE under the Ministry of Petroleum and Natural Gas (MoPNG), has joined forces with Accelera™ by Cummins to advance clean energy solutions in India. The collaboration formalised through a Memorandum of Understanding (MoU) at India Energy Week 2025, marks a significant step towards achieving India’s sustainability goals by leveraging green energy technologies.

A Strategic Collaboration for Energy Transition

The partnership aims to harness Accelera’s expertise in new energy technologies alongside GAIL’s robust natural gas infrastructure. The focus will be on:

• Hydrogen production, blending, transportation, and storage
• Adoption of hydrogen as a fuel in sectors such as transport, power, and steel
• Infrastructure development for hydrogen and natural gas integration

This collaboration aligns with GAIL’s commitment to achieving its Net Zero targets, which have been accelerated from 2040 to 2035.

GAIL’s Commitment to Green Energy

GAIL has been at the forefront of clean energy initiatives. In April 2024, it commissioned a 10 MW Green Hydrogen unit at its plant in Vijaipur, Madhya Pradesh, featuring an electrolyser supplied by Accelera™ by Cummins. Additionally, GAIL has conducted successful hydrogen blending trials in Indore’s City Gas Distribution (CGD) network, starting with 2% hydrogen in CNG/PNG, later increasing to 5%.

Furthering its sustainability roadmap, GAIL has established a 5 TPD Compressed Biogas (CBG) plant in Ranchi and plans to set up 26 such facilities nationwide over the next three to four years. Collaborations are also in place to develop a 500 KLPD grain-based ethanol plant in Rajasthan and a synthetic natural gas production facility in West Bengal through a joint venture with Coal India.

Cummins’ Role in the Energy Transition

Cummins Inc., a global leader in power solutions, offers a diverse portfolio of sustainable energy products, including:

• Advanced diesel, natural gas, and electric powertrains
• Electrified power systems and batteries
• Hydrogen production and fuel cell technologies

By integrating its expertise in clean energy solutions, Cummins aims to support GAIL in accelerating India’s transition to a low-carbon economy.

Future Prospects: Hydrogen’s Expanding Role

The MoU underscores the growing significance of hydrogen in India’s energy ecosystem. The partnership will explore its adoption as a mono or dual fuel (LNG, CNG, or hydrogen blends) across multiple industries. Additionally, the collaboration will drive advancements in hydrogen infrastructure, including production, storage, and pipeline integration.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.