Loading...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Laws, rules should not create discord between religions, should unify them: Kerala HC
    HCLTech Named to Fortune's World's Most Admired Companies 2026 List
    Sonata Software consolidated PAT (before exceptional item) grew by 6.1% QoQ and 21.4 % YoY.
    CHANDO Presents Decade-Long Skin Brightening Research at IMCAS
    Angel Yeast Indonesia Project: Strengthening Foundations through Technical Training and Building Consensus through Cultural Exchange
    Celebrate Valentine's with Dubstep®'s Love on Loop—Win a Trip for Two to Goa and More
    Merck Foundation Marks International Day of Zero Tolerance for Female Genital Mutilation 2026 Through Their 'Our Africa' TV Program
    Embassy REIT Delivers Robust 17% YoY Revenue Growth in Q3 FY2026; Evaluates Acquisition of Embassy Zenith, a 0.4 MSF Prime Office Asset in Bengaluru
    InvokED 2026 Brings Global and Grassroots Leaders Together as Shikshagraha Announces 2026 Awardees
    Kennametal India Sustains Growth Momentum with Strong Q2 FY26 Performance
    PM's visit to Tamil Nadu rescheduled to March 1: Nainar Nagenthran
    No duty concessions on sensitive grains, fruits, dairy, meat under trade pact with US
    Indo-US interim trade pact will empower diverse sectors: Himanta
    The Film ‘Godan’ Based on Gau Mata Connects Culture and Religion – Shantanu Shukla
    ‘Namaste Trump scored over Howdy Modi’: Cong takes dig at India-US interim trade pact
    India, US reach framework for interim trade pact; opens $30 trn market for Indian exporters
    Trump's racist post about Obamas deleted after backlash despite WH earlier defending it
    Odisha starts identifying vacant govt buildings to convert them into affordable rental housing
    Iran, US hold indirect talks in Oman; America's military leader in Mideast joins talks
    Trade agreement strengthens Make in India, create jobs: PM Modi
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
February 7, 2026
Show AI Summary
Temple entry: court says ceremonial guest entry by non-Hindus isn't a statutory violation and rules must align with the Act.
Permissive ceremonial entry by non Hindus as guests is distinct from a right of entry and cannot be treated as a violation of the parent Act; Rule 3(a)'s prohibition on non Hindu entry appears inconsistent with the Act's object, and subordinate rules that conflict with the Act should be reconsidered, amended or modified to align with legislative intent, constitutional values and social harmony after consultation with relevant stakeholders.
February 7, 2026
Show AI Summary
HCLTech named to Fortune's World's Most Admired Companies 2026 list for IT services and innovation.
HCLTech was named to Fortune's 2026 World's Most Admired Companies list in IT services based on a survey of over 3,000 executives, board members and analysts evaluating nine parameters such as quality of management, innovation, global competitiveness, talent attraction and social responsibility; the release highlights HCLTech's AI focus, global scale and consolidated revenues.
February 7, 2026
Show AI Summary
Sonata Software reports consolidated PAT growth, a one time labour code expense and a quarterly interim dividend declared.
Consolidated PAT before exceptional item rose 6.1% QoQ to INR 127.5 crore and 21.4% YoY, with consolidated revenue growth led by Domestic Products & Services and steady International IT Services. An exceptional one time employee benefit expense of INR 31.3 crore was recognised under the new Labour Codes, reducing PAT post exceptional item to INR 104.4 crore. The company declared a quarterly interim dividend of INR 1.25 per share and reported key operating metrics including EBITDA, DSO, ROCE, RONW, cash balances and segmental performance.
February 7, 2026
Show AI Summary
CHANDO 4-Butylresorcinol (577) research shows targeted microRNA inhibition reduces melanin and brightens Asian skin with high tolerability.
CHANDO identified that a specific microRNA drives UV-induced pigmentation by regulating MITF, TYR, and TYRP1, and reported that 4-Butylresorcinol (577) inhibits this microRNA's abnormal expression to reduce melanin overproduction; laboratory and clinical testing showed reductions in dark spots and sallowness with high tolerability, and 577 has been incorporated into CHANDO's Cellcrystal Whitening Radiance Series.
February 7, 2026
Show AI Summary
Angel Yeast Indonesia project trains local workers and pairs a 20,000 ton yeast plant with wastewater treatment and fertilizer reuse.
Angel Yeast's Indonesia project deploys a six month training program to prepare 29 local employees to commission and operate a Lampung facility comprising a 20,000 ton annual yeast line, a 3,500 ton/day wastewater treatment unit, and a 20,000 ton organic fertilizer plant. The plan emphasises local molasses sourcing, by product repurposing into animal feed, conversion of treated wastewater to fertilizer, technology transfer, workforce development, and a circular economy approach to reduce waste and support regional value chains, with commissioning targeted for 2027.
February 7, 2026
Show AI Summary
Dubstep's Love on Loop campaign awards purchasers on Instamart prizes based on maximum Dubstep spend during the campaign.
A promotional campaign, Love on Loop, makes Swiggy users who purchase eligible Dubstep products on Instamart eligible to win prizes based on maximum spends during the campaign: nine INR 3,000 dinner vouchers and one grand prize of air tickets for two to Goa plus a potential meet-and-greet, all subject to availability and terms. The promotion is exclusive to Instamart and tied to the launch and marketing of the limited edition Dubstep Buzz X12 Wireless Earbuds - Love Edition, with product features and quick-commerce delivery highlighted to facilitate participation.
February 7, 2026
Show AI Summary
Female genital mutilation: Merck Foundation and African First Ladies promote education, media outreach, awards and scholarships to end FGM.
Merck Foundation and African First Ladies marked the International Day of Zero Tolerance for FGM through a dedicated episode of their pan African TV program, the More Than a Mother Awards to recognise media raising awareness, and the Educating Linda scholarship program funding secondary education for high performing, underprivileged girls across numerous African countries, using media, storybooks, animation, songs, and school material distribution to promote education as the core strategy to end FGM and related harms.
February 7, 2026
Show AI Summary
Embassy REIT reports 17% revenue growth and declares distributions while evaluating acquisition of a Bengaluru office asset.
Embassy REIT delivered 17% YoY revenue growth and 19% NOI growth in Q3 FY2026, declared distributions of Rs. 613 crores (Rs. 6.47/unit), reported 4.6 msf year to date leasing with c.94% portfolio occupancy, and received an invitation to offer to acquire the 0.4 msf Embassy Zenith in Bengaluru while continuing redevelopment and acquisition activity within its development pipeline.
February 7, 2026
Show AI Summary
Shikshagraha announces 2026 awards honoring grassroots education leaders with grants, mentorship and partnerships to reach millions.
Shikshagraha announced the 2026 Shikshagraha Awards granting multi-year monetary support, mentorship, national visibility and policy engagement to three grassroots education leaders to help scale practitioner-led improvements. Concurrently, Shikshagraha and the Childaid Network Foundation formed a strategic partnership to combine regional implementation experience and national convening power with an explicit goal of mobilising partners and government relationships to reach two million children.
February 7, 2026
Show AI Summary
Kennametal India reports Q2 growth; PBT includes a one-time cost tied to new labour codes impact.
Implementation of new labour codes generated a one-time cost of ?34 Mn disclosed in Kennametal India Limited's Q2 FY26 results, incorporated into reported Profit Before Tax of ?353 Mn as a discrete, non-recurring impact on the period's financials.
February 7, 2026
Show AI Summary
PM visit rescheduled; BJP plans large rally, ally talks and notes tax penalty confirmation and temple appearance.
Prime Minister's visit to Madurai was rescheduled to March 1 with a major BJP rally planned at Mandela Nagar and a likely visit to Tirupparankundram Murugan temple; the state BJP highlighted local anguish over inability to light the Karthigai Deepam despite a favourable court ruling, criticised actor-politician Vijay after confirmation of an income-tax fine, and formed a two-member committee to hold talks with potential allies.
February 7, 2026
Show AI Summary
India-US interim trade agreement protects sensitive agricultural and dairy products from duty concessions to safeguard rural livelihoods.
The interim India-US trade framework reduces US tariffs on Indian goods while India will not grant import duty concessions on specified sensitive agricultural and dairy products-including maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat-to protect small and marginal farmers and rural livelihoods, consistent with India's practice of excluding certain agricultural sectors from tariff liberalisation and using tariffs, phased reductions and quota mechanisms elsewhere.
February 7, 2026
Show AI Summary
Interim trade agreement framework will cut import duties to boost two way trade and support manufacturing and farmers.
An interim trade agreement framework between India and the United States will reduce import duties on specified goods to boost two way trade and market access, while supporting domestic production initiatives and protecting agricultural interests; it also promotes innovation, technology partnerships and supply chain resilience to expand opportunities for entrepreneurs, MSMEs, startups, fishermen, women and youth.
February 7, 2026
Show AI Summary
Film Godan spotlights Gau Mata to connect youth with culture and Sanatan Dharma through scientific and social messaging.
The film Godan is dedicated to Gau Mata and presents her significance through Indian culture, Sanatan Dharma, and scientific explanation, using true incidents to convey a social and spiritual message aimed at connecting youth with cultural roots. The release highlights a shifting film industry exploring diverse subjects and records public acknowledgements of support from multiple state chief ministers and religious leaders, with a disclaimer that the press material was supplied under arrangement and the distributor disclaims editorial responsibility.
February 7, 2026
Show AI Summary
India US interim trade agreement reduces bilateral tariffs, expands market access, and ties concessions to stopping Russian oil imports.
A framework for an Interim Trade Agreement sets reciprocal tariff adjustments and prompt implementation toward a Bilateral Trade Agreement, reducing US duties on many Indian goods to 18% and requiring India to eliminate or lower tariffs on specified US industrial and agricultural products. The joint statement conditions concessions on India's commitment to cease direct or indirect imports of Russian oil, with the US reserving the right to reimpose a 25% additional duty if that commitment is breached.
February 7, 2026
Show AI Summary
India US interim trade pact reduces US tariffs to 18% and expands market access while addressing non tariff barriers.
An interim trade framework commits the US to lower tariffs on covered Indian goods to 18% and to remove an additional 25% duty, while India will eliminate or reduce duties on US industrial and many agricultural products, protect specified sensitive agricultural and dairy items, undertake significant purchase commitments of US goods, and address long-standing non-tariff barriers with provisions for tariff rate quotas, negotiated sectoral outcomes, and discussions on standards and conformity assessment.
February 7, 2026
Show AI Summary
Presidential social media post depicting the Obamas as primates was deleted after bipartisan backlash and raised vetting concerns.
A presidential social media post depicting the Obamas as primates was deleted after bipartisan backlash; the White House blamed a subordinate and defended the account while the president declined to apologise. The episode raised questions about social media governance, vetting procedures, staff responsibility for content dissemination, and the use of dehumanising racial tropes in political messaging.
February 7, 2026
Show AI Summary
Affordable rental housing: state to convert vacant government buildings into rental units under PMAY-U 2.0 guidelines.
The government has instructed departments to identify vacant state-owned urban buildings for conversion into affordable rental housing under the Odisha Urban Housing Mission. Implementation follows PMAY-U 2.0: conversions or new rental housing may be carried out by public agencies or via public-private partnership, with cost recovery through rents. Local authorities will set initial rents by survey and may permit biennial increases of 8% up to a 20% aggregate cap over five years to maintain affordability.
February 7, 2026
Show AI Summary
Iran-US talks in Oman focused on nuclear negotiations amid US military deterrence and new sanctions plus potential import tariffs.
Indirect Oman talks focused on a framework for further negotiations limited to Iran's nuclear programme, with Iranian insistence on dialogue without threats and US military presence underscoring deterrence. Simultaneously the US imposed sanctions targeting a shadow fleet, trading firms and executives, froze assets in US jurisdictions, and issued an executive order authorizing potential import taxes on goods from countries buying Iranian oil, removable if purchasers align with specified US security and policy interests.
February 7, 2026
Show AI Summary
Interim trade agreement with the US aims to bolster Make in India, expand jobs, and deepen investment and technology ties.
An interim trade agreement framework with the United States is intended to bolster Make in India by opening opportunities for farmers, entrepreneurs, MSMEs, startups and fishermen, and by generating employment for women and youth. The framework emphasizes deepening investment and technology partnerships to promote innovation, and strengthening resilient, trusted supply chains to contribute to economic growth.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Embassy REIT Delivers Robust 17% YoY Revenue Growth in Q3 FY2026; Evaluates Acquisition of Embassy Zenith, a 0.4 MSF Prime Office Asset in Bengaluru

February 7, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Bengaluru, Karnataka, India – Business Wire India • Leased 1.1 million square feet (msf) across 22 deals in Q3 FY2026, taking total leasing to 4.6 msf year-to-date • Delivered strong double-digit YoY growth, reporting highest-ever Revenue (up 17% YoY) and Net Operating Income (up 19% YoY) • Declared distributions of Rs. 613 crores or Rs. 6.47 per unit for Q3 FY2026, up 10% YoY • Received an invitation to offer to acquire Embassy Zenith, a 0.4 msf prime office tower in Bengaluru, fully leased to a multi-trillion-dollar global technology company • Launched the third redevelopment at Embassy Manyata for 0.8 msf at a 23% yield on cost; total development pipeline stands at 7.6 msf • Expanded hospitality portfolio with a proposed addition of 116-Key Hotel at Embassy TechZone, Pune Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the third quarter ended December 31, 2025.

Amit Shetty, Chief Executive Officer of Embassy REIT, said, “Q3 FY2026 marked another strong quarter for Embassy REIT, underpinned by sustained leasing momentum, robust GCC demand across our gateway markets, and disciplined financial execution. We delivered 4.6 msf of leasing year-to-date, reported our highest-ever Revenue and NOI, announced our first third-party acquisition and continued to enhance distributions for our unitholders. The invitation to offer for Embassy Zenith reflects our focus on acquiring high-quality, income-accretive assets that strengthen our world-class portfolio and create long-term value.” The Board of Directors of Embassy Office Parks Management Services Private Limited (EOPMSPL), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of Rs. 613 crores or Rs. 6.47 per unit for the quarter. The record date for the Q3 FY2026 distribution is February 11, 2026, and the distribution will be paid on or before February 18, 2026.

Business Highlights • Leased 1.1 msf across 22 deals, including 0.8 msf of new leases at 17% re-leasing spreads; signed at an average 5% premium to market rents, with Bengaluru contributing over two-thirds of total leasing • Strong traction in Chennai from large global companies, anchoring 42% of the REIT’s development pipeline • Overall portfolio occupancy stood at 94% by value, with 3 out of 5 cities at or above 95% occupancy Financial Highlights • Grew Revenue from Operations by 17% YoY to Rs. 1,193 crores and Net Operating Income (NOI) by 19% YoY to Rs. 985 crores • Delivered quarterly distributions of Rs. 613 crores or Rs. 6.47 per unit, up 10% YoY • Raised Rs. 400 crores through a commercial paper at an effective rate of 6.44% per annum. Reduced in-place cost of debt by 61 bps (over 9 months) to 7.29% • Hotel segment NOI grew by 13% YoY, driven by 100 bps increase in occupancy to 60% as well as 11% growth in ADR Operational & Growth Highlights • Delivered 0.4 msf new development at Embassy Splendid TechZone in Chennai, 100% leased to a global healthcare firm • Launched third redevelopment project of 0.8 msf at Embassy Manyata in Bengaluru at a 23% yield on cost • Proposed addition of a 116-key hotel at Embassy TechZone, Pune, to enhance park ecosystem • Announced third-party acquisition of a 0.3 msf marquee office asset at Embassy GolfLinks in Bengaluru • Completed Rs. 530 crore divestment at Embassy Manyata in Bengaluru • Delivered ~25% total returns in CY2025, while expanding the unitholder base to over 125,000, up from 4,000 at IPO Investor Materials and Quarterly Investor Call Details Embassy REIT has released a package of information on the quarterly results and performance, that includes (i) unaudited standalone and consolidated financial results for the nine months ended December 31, 2025 (ii) an earnings presentation covering Q3 FY2026 results and, (iii) supplemental operating and financial data book that conforms with leading reporting practices across global REITs. All these materials are available in the Investors section of our website at www.embassyofficeparks.com.

Embassy REIT will host a conference call on February 9, 2026 at 8:30 hours Indian Standard Time to discuss the Q3 FY2026 results. A replay of the call will be available in the Investors section of our website at www.embassyofficeparks.com.

About Embassy REIT Embassy REIT is India’s first publicly listed Real Estate Investment Trust and the largest office REIT in Asia, by area. Embassy REIT owns and operates a portfolio of over 50 million square feet of world-class office spaces across India’s key gateway markets, including Bengaluru, Mumbai, Pune, the National Capital Region (NCR) and Chennai. The portfolio comprises 14 premium office ecosystems, including large, integrated office parks and city-centre office assets, and is home to approximately 280 leading global and domestic corporations. In addition to office assets, the portfolio includes strategic amenities such as four operational business hotels, two hotels under development, and a 100 MW solar park that supplies renewable energy to tenants. Embassy REIT’s industry-leading ESG programme has received multiple accolades from globally recognised institutions, including GRESB, USGBC LEED, the British Safety Council, among others. In 2023, Embassy REIT was included in the Dow Jones Sustainability Indices, becoming the first REIT in India to be recognised for its sustainability initiatives by a leading global benchmark. For more information, please visit www.embassyofficeparks.com.

Disclaimer This press release is prepared for general information purposes only. The information contained herein is based on management information and estimates. It is only current as of its date, has not been independently verified and may be subject to change without notice. Embassy Office Parks Management Services Private Limited (“the Manager”) in its capacity as the Manager of Embassy REIT, and Embassy REIT make no representation or warranty, express or implied, as to, and do not accept any responsibility or liability with respect to, the fairness and completeness of the content hereof. Each recipient will be solely responsible for its own investigation, assessment and analysis of the market and the market position of Embassy REIT. Embassy REIT does not provide any guarantee or assurance with respect to any distribution or the trading price of its units.

This press release contains forward-looking statements based on the currently held beliefs, opinions and assumptions of the Manager. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of Embassy REIT or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, recipients of this press release are cautioned not to place undue reliance on these forward-looking statements. The Manager disclaims any obligation to update these forward-looking statements to reflect future events or developments or the impact of events which cannot currently be ascertained. In addition to statements which are forward looking by reason of context, the words ‘may’, ‘will’, ‘should’, ‘expects’, ‘plans’, ‘intends’, ‘anticipates’, ‘believes’, ‘estimates’, ‘predicts’, ‘potential’ or ‘continue’ and similar expressions identify forward-looking statements. There can be no assurance that any potential opportunities will result in definitive transactions.

This press release also contains certain financial measures (including guidance and proforma information) which are not measures determined based on GAAP, Ind-AS or any other internationally accepted accounting principles, and the recipient should not consider such items as an alternative to the historical financial results or other indicators of Embassy REIT's cash flow based on Ind-AS or IFRS. These non-GAAP financial measures, as defined by the Manager, may not be comparable to similarly titled measures as presented by other REITs due to differences in the way non-GAAP financial measures are calculated. Even though the non-GAAP financial measures are used by management to assess Embassy REIT's financial position, financial results and liquidity and these types of measures are commonly used by investors, they have important limitations as analytical tools, and the recipient should not consider them in isolation or as substitutes for analysis of Embassy REIT's financial position or results of operations as reported under Ind-AS or IFRS. Certain figures in this press release have been subject to rounding off adjustments. Actual legal entity name of occupiers may differ. Occupancy by value refers to occupancy of the commercial offices weighted by the Gross Asset Value (GAV) of completed commercial offices.

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR

Topics

Acts Income Tax