Bharat Petroleum Corporation Ltd. (BPCL), one of India’s leading state-owned oil refining and marketing companies, has announced expansion plans for its refinery project in Andhra Pradesh. The initiative underscores BPCL’s commitment to strengthening India’s refining capacity at a time when energy demand is growing rapidly across the country. The proposed expansion aligns with the government’s broader vision of energy security, import substitution, and the development of integrated refinery-petrochemical complexes.

Square Yards, a leading integrated real estate platform, reported a robust 45% year-on-year growth in consolidated revenue for the first quarter of FY25, reaching Rs 378 crore. The performance underscores strong demand across property sales, mortgage distribution, and allied services. With an expanding presence in India and key global markets, the company continues to benefit from sustained housing demand, digital adoption in real estate transactions, and its diversified service portfolio.

India’s automobile dealers have urged policymakers to expedite the implementation of the Goods and Services Tax (GST), highlighting its potential to simplify the nation’s intricate taxation system and boost industry efficiency. Currently burdened by multiple state-level levies and administrative complexities, dealers argue that a unified tax structure will ease compliance, cut costs, and support sales growth.

Amazon India has announced the expansion of its ‘Ashray’ initiative in collaboration with Hindustan Petroleum Corporation Limited (HPCL), aimed at enhancing logistics, storage, and distribution capabilities for small businesses and community entrepreneurs. The project focuses on providing safe, organized, and accessible spaces for local vendors, MSMEs, and delivery operations. By leveraging HPCL’s network of retail and storage facilities, Amazon intends to strengthen last-mile delivery efficiency and support entrepreneurial growth.

Myntra, India’s leading online fashion retailer, has launched its rapid delivery service, M-Now, in Hyderabad, enhancing customer access to same-day and next-day fashion deliveries. The service is designed to cater to evolving consumer expectations for speed, convenience, and reliability in e-commerce. By leveraging advanced logistics, local inventory hubs, and AI-driven order management, Myntra aims to provide a seamless shopping experience for urban consumers.

360 ONE, a leading real estate investment firm, has announced the acquisition of a strategic stake in Brookfield’s prominent commercial property, signaling its intent to expand its portfolio in high-value urban assets. The investment reflects a focus on prime commercial real estate with robust rental yields and long-term growth potential. Analysts note that this move aligns with 360 ONE’s strategy to diversify holdings, strengthen market presence, and capitalize on the growing demand for premium office and retail spaces in metropolitan areas.

Gaurs Group, a leading real estate developer, has unveiled plans for a Rs 1,400 crore residential project along the Yamuna Expressway, signaling its continued expansion in India’s premium housing market. The project aims to combine modern design, high-quality construction, and sustainable living features to attract urban homebuyers seeking connectivity and lifestyle amenities. Strategically located near the expressway, the development promises enhanced accessibility to Delhi-NCR while offering a range of residential options.

Welcure Drugs has announced the approval of a bonus issue and a stock split, signaling a strategic move to enhance liquidity and shareholder value. The board has decided to issue bonus shares to existing shareholders while splitting the face value of the stock, making it more affordable for retail investors. These corporate actions aim to improve market participation, broaden the shareholder base, and increase trading activity. Analysts view the move as a positive signal of the company’s robust financial position and confidence in future growth prospects.

The Indian Renewable Energy Development Agency (IREDA) has announced an ambitious revenue target of Rs 8,200 crore for the current fiscal year, reflecting a projected 21% growth. The agency, a leading financier of renewable energy projects in India, plans to achieve this growth through expanded lending, enhanced project financing, and strategic partnerships across solar, wind, and other clean energy segments. By supporting sustainable energy infrastructure, IREDA aims to contribute to India’s net-zero goals, strengthen its balance sheet, and foster innovation in green energy financing.

The Indian Banks’ Association (IBA) is set to seek approval from the Reserve Bank of India (RBI) to facilitate funding for mergers and acquisitions (M&A) in the banking sector, according to the State Bank of India (SBI) Chief. This initiative aims to support consolidation efforts, strengthen balance sheets, and enhance operational efficiency among banks. By enabling structured financing for M&A deals, the IBA seeks to encourage strategic consolidation, promote financial stability, and optimize resource utilization.