India’s Infrastructure Push to Propel Economic Growth in FY26
Big ticket infrastructure spends like highways, railways and power will drive growth in FY2025-26 and beyond. A PL report says it’s already visible in sectors like railways, defence, power and data centres. 2024-25 Budget had allocated Rs 11.1 trillion for infrastructure and that will only go up in 2025-26 Budget. The report says these will […]
Read MoreMacrotech Developers Purchases 20-Acre Land in Bengaluru
Macrotech Developers, a Mumbai based real estate company has acquired 20 acres of land in Bengaluru for a housing project worth Rs 28 billion as part of its expansion plans. The company which markets properties under the Lodha brand has been buying land through outright purchases and partnerships with landowners for joint development. Of this […]
Read MoreJSW Cement Gets SEBI Green Light for ₹4,000 Cr IPO
JSW Cement, part of the Sajjan Jindal led JSW Group, has got SEBI approval to launch its ₹4,000 cr IPO. The DRHP was filed on 17th August and this is a big fund raise. The IPO will have two components: a fresh issue of ₹2,000 cr and an offer for sale (OFS) of ₹2,000 cr […]
Read MoreUltraTech has bought a 23 percent stake in India Cements.
Suppressing any more offers for the top peninsular manufacturer, UltraTech Cement has acquired a 23% interest in India Cements for around Rs 19 billion, in what is becoming a fierce battle for control over capabilities in the highly regionalized and freight-intensive cement business. After China, the cement sector is the second biggest globally. According to […]
Read MoreDalmia Bharat to Invest Rs 207 Crore in Kadapa Plant Expansion
One of the top producers of cement in India, Dalmia Bharat, has announced a Rs 207 crore investment to increase the capacity of its Kadapa facility in Andhra Pradesh. With this investment, the plant’s overall capacity will be increased to produce one million metric tons (MT) of cement, meeting the region’s growing need for the […]
Read More
