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Welspun Tubular to Invest $100 Million in Arkansas Plant Upgrade
Welspun Tubular LLC, the US subsidiary of India’s Welspun Corporation, is set to invest $100 million to enhance its steel large-diameter line pipe...
Parandur Airport Project on Track: ‘In-Principle’ Approval Expected by February
The much-anticipated second airport for Chennai, planned at Parandur, is likely to receive ‘in-principle’ approval by February 2025. Estimated at a cost of...
UltraTech Cement Accelerates Sustainability with 100 New EV Trucks
UltraTech Cement, India’s leading cement and ready-mix concrete producer, is scaling up its adoption of electric vehicles (EV trucks) in logistics. The company...
Hyderabad Real Estate Records 20% Surge in October Property Registrations
The Hyderabad real estate market witnessed a robust 20% month-on-month (MoM) growth in property registrations, with 5,985 residential units sold in October 2024,...
Construction Costs Surge by 39% in Big Cities, Impacting Housing Projects
The cost of construction for housing projects in major Indian cities has surged by 39% over the past four years, now averaging Rs...
Brigade REAP Expands Proptech Investments with $500,000 in Settlin’s Resale Platform
Brigade REAP, the proptech accelerator by Brigade Group, has invested in Settlin, a gig-based residential resale platform, as part of a larger $500,000...
India Targets 300 Million Tons of Steel Output by 2030, $120 Billion Investment Needed
India plans to scale its steel production to 300 million tons by 2030, requiring an estimated $120 billion investment, according to the Ministry...
Tamil Nadu Achieves 20.12% SGST Growth, Tops India in H1 FY25
Tamil Nadu has emerged as the top-performing state in State Goods and Services Tax (SGST) collections, recording a remarkable 20.12% growth in the...
UltraTech Strengthens Cement Dominance with Rs 8,600 Crore Century Deal
UltraTech Cement Ltd has announced the acquisition of Century Textiles and Industries Ltd’s cement business for Rs 8,600 crore. This deal adds 13.4...
Chennai Metropolitan Development Authority Plans 330 Acres Land Acquisition for Thirumazhisai Development
The Chennai Metropolitan Development Authority (CMDA) has proposed acquiring 330 acres under the Land Pooling Area Development Scheme (LPADS) to develop a loop...
