PNB Housing Finance is poised to re-enter project financing this quarter after a three-year hiatus, buoyed by improved asset quality. The lender aims for a ₹1,500 crore project finance portfolio by fiscal year-end, alongside expanding its loan against property business with a dedicated team. The company projects 18% growth for FY26, driven by affordable housing loan segment.
Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What’s the case about?
Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital