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Top business news of the week: April 21st to 30th

by Gurpreet Singh | May 3, 2025 | Weekly Newsletter

NTT DATA plans to set AI data center cluster in Hyderabad   Information technology firm NTT DATA  has signed a tripartite Memorandum of Understanding (MoU) with the Telangana government and Neysa Networks to establish an AI Data Center Cluster in Hyderabad. The...

Top business news of the week: April 11th to 20th

by Gurpreet Singh | May 3, 2025 | Weekly Newsletter

Bengaluru Suburban Rail project: Rahee Infratech emerges as L – one bidder for work related to corridor 2   Karnataka Rail Infrastructure Development Company (K-RIDE) has declared Rahee Infratech Ltd as the lowest bidder (L-one bidder) for the contract...

Top business news of the week: April 1st to 10th

by Gurpreet Singh | Apr 18, 2025 | Weekly Newsletter

30,000 sq ft office space purchased by AccuSpace in Gurugram   Real estate developer AccuSpace has acquired 30,000 square feet of Grade A office space in Gurugram for Rs 62 crore. The space is purchased from a Singapore-based fund and is aimed at growing their...

Top business news of the week: March 21st to 31st

by Gurpreet Singh | Apr 18, 2025 | Weekly Newsletter

Hero MotoCorp to invest Rs 525 crore in Euler Motors, marking its entry in the electric 3-wheeler segment   Multinational automobile maker Hero MotoCorp is going to invest Rs 525 crore in Euler Motors Private Limited, marking its entry into the electric...

Top business news of the week: March 11th to 20th

by Gurpreet Singh | Apr 18, 2025 | Weekly Newsletter

DLF to develop 75 lakh sq ft retail and office space in Gurugram   Real estate major DLF has plans to invest around Rs 6,000 crore to construct 75 lakh square feet of prime office and retail spaces in Gurugram. This comes as the firm aims to meet demand for...
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Recent News

  • 2.42 lakh sq ft space leased by KFin Technologies in Hyderabad
    Financial services firm KFin Technologies has leased 2.42 lakh sq ft of office space in Hyderabad’s Kokapet. The tenure of the lease is 15 years, and the firm has entered into five fresh lease agreements with Rajapushpa Realty LLP for this office space at Rajapushpa West Avenue. The total rent outgo for the period will be Rs 283 crore with a 5% annual escalation in rentals. This leased office space is spread across the sixth, 23rd, 24th and 25th floors of the commercial tower.
  • Sterlite Tech eyes expansion with an investment worth Rs 1,500 crore
    Optical and digital technology firm Sterlite Tech (STL) has plans to invest around Rs 1,500 crore over the next three years. The firm is planning to expand manufacturing capacity, strengthen research and development, and capitalise on a multi-year global fibre demand supercycle backed by AI. The firm will invest Rs 500 crore annually for the next three years as part of the plan. 
  • NBCC bags orders worth over Rs 108 crore
    Government-owned NBCC (India) has bagged a new order worth Rs 108.85 crores. These orders are from the National Horticulture Board and the Odisha government. An order worth Rs 20.42 crore has been bagged from the National Horticulture Board (NHB). The work involves the development of the Clean Plant Centre Laboratory and Office Building in Srinagar under the Clean Plant Program. The other order is from the Odisha Government worth Rs 88.43 crore and is for constructing boys' and girls' hostels across various state locations. 
  • Uttar Pradesh government approves expressway projects worth Rs 47,000 crore
    The state government of Uttar Pradesh has approved over Rs 47,000 crore for the development of four fresh expressway projects in the state. These projects are:

    Vindhya Expressway: 333-km, six-lane (expandable to eight lanes) greenfield corridor costing approx. Rs 26,315 crore, running from Prayagraj through Bhadohi, Mirzapur, Varanasi, and Chandauli to Sonbhadra
    Vindhya-Purvanchal Spur Link: Valued at Rs 9,039 crore, connecting Ghazipur, Mirzapur, and Chandauli
    Agra-Lucknow-Purvanchal Link Expressway
    Agra-Lucknow-Ganga Link Expressway
    The Combined link packages (Agra-Lucknow-Purvanchal and Agra-Lucknow-Ganga links) valued at over Rs 12,264 crore
  • BHAVYA Rasayan scheme: Government approves over Rs 3,000 crore for setting chemical parks
    The Union government has approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) scheme. Under the scheme, Rs 3,030 crore will be spent on the development of 3 dedicated chemical parks across the country. Each chemical park will be built on a minimum contiguous area of 8 sq km of encumbrance-free land, with the Centre providing financial assistance of up to Rs 1,000 crore per park. State governments will contribute a minimum of Rs 500 crore towards the project These parks will offer plug-and-play industrial infrastructure, enabling chemical manufacturers to establish operations more quickly while reducing project costs and improving ease of doing business.