Helsinki: The European space technology firm, ReOrbit, founded by India-born Swedish citizen Sethu Saveda Suvanam, is all set to scale up its operations globally with one key expansion region being India, the company said. The development comes after ReOrbit bagged €45 million in the largest all-equity Series A round in Finland. ReOrbit founder and CEO […]
Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of firms tapping into India’s booming IPO market. Meesho generated ₹1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India. (AI […]
Mumbai-based Lodha Developers is expected to launch its first real estate project in Gurugram, marking the company’s entry into the Delhi NCR market, Managing Director and CEO Abhishek Lodha has said. He also said that the company is exploring other areas of the NCR. Gurugram real estate: Mumbai-based Lodha Developers is expected to launch its […]
Delhi-NCR based Trident Realty has launched 199 residential plots in its premium housing development spread across 200-acres in Panchkula and expects a revenue of ₹1200 crore from sales, the company said in a statement on November 9. Trident Realty has launched 199 residential plots in its premium housing development spread across 200-acres in Panchkula. (Photo […]
Bengaluru-based Shriram Properties Ltd (SPL) has entered into a joint development agreement (JDA) for a 5-acre land parcel on Bannerghatta Road. The company plans to develop a premium villament project on the site, with an estimated gross development value (GDV) of over ₹350 crore, it said in a regulatory filing. Bengaluru-based Shriram Properties Ltd (SPL) […]
Mumbai-based listed developer Oberoi Realty plans to launch its first project in Delhi-NCR’s Gurugram within the current financial year. Chairman and Managing Director Vikas Oberoi said most approvals for the project are already in place, and the company expects to launch it before the end of the fiscal year. Gurugram real estate project launch: Vikas […]
Torrent Pharmaceuticals Ltd. is said to proceed with its plan to raise funds in India’s biggest bond issue so far this year, after the Competition Commission of India approved its acquisition of JB Chemicals & Pharmaceuticals Ltd. last week, Reuters reported citing bankers aware of the matter. Torrent Pharma is likely to fast-track its bond […]
MUMBAI: After a gap of over 15 years, the Mumbai Metropolitan Region Development Authority (MMRDA) is preparing to auction a prime plot of land near the Wadala Truck Terminal, with a reserve price pegged at a staggering ₹1,629 crore. The 10,860 sq m plot, part of the Wadala Notified Area, will be leased to private […]
Tech Mahindra Ltd. is banking on its financial services and manufacturing to deliver growth in the second half of the ongoing fiscal, even as US business is hit, according to its chief executive officer. Tech Mahindra CEO Mohit Joshi and CFO Rohit Anand. (Tushar Deep Singh/HT) “Macro is stabilising and improving in parts but it’s […]
Adani Properties is seeking court approval to acquire 87 properties including hotels and malls from Sahara Group, in a move that could bolster the Gautam Adani-led conglomerate’s real estate holdings. Adani Group Chairman Gautam Adani. (Bloomberg) Sahara Group, founded by the late Subrata Roy, is seeking to sell its hotels, shopping centres, and residential and […]
