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

by Gurpreet Singh | Apr 18, 2025 | Weekly Newsletter

AM/NS India plans to commission two new lines at the Hazira plant   The steel major joint venture (JV) of ArcelorMittal and Nippon Steel is all set to commission its 2 million tonne (mt) auto-focused cold rolling mill (CRM) in Gujarat’s Hazira from March 2025. As...

158460 Sqft Corporate Office Fitout

by Gurpreet Singh | Apr 18, 2025 | Fit-Out Leads

Stage Completion Timeline Architect selection in progress 31-Jul-25 Sector City Office Space Mumbai

126739 Sqft Corporate Office Fitout

by Gurpreet Singh | Apr 18, 2025 | Fit-Out Leads

Stage Completion Timeline Architect selection in progress 31-Jul-25 Sector City Office Space Mumbai

100000 Sqft Corporate Office Fitout

by Gurpreet Singh | Apr 18, 2025 | Fit-Out Leads

Stage Completion Timeline Architect not appointed 31-Aug-25 Sector City Office Space Kolkata
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Recent News

  • Welspun Corp bags order worth Rs 5,500 crore from the US
    Mumbai-based end-to-end pipe solutions provider Welspun Corp has bagged a new order worth Rs 5,500 crore from a major midstream company in the USA. 

    The order is for the supply of coated line pipes for a natural gas pipeline project in the US Permian region. According to the updates, these pipes will serve a data centre complex operated by an anchor customer.

    This order will be executed from Welspun's US facility during FY29.
  • 62,035 sq ft hypermarket space leased by LuLu International in Greater Noida
    UAE-based LuLu Group International's arm, LuLu International Shopping Malls Private Limited, has leased  62,035 sq ft of hypermarket space in Greater Noida, Uttar Pradesh.

    The space is leased on the lower ground floor of I-Thums Galleria in Greater Noida for a period of 15 years. The initial monthly rent is approximately Rs 26.41 lakh, while the total rent for the period of the lease would be nearly Rs 51 crore.
  • KEC bags new orders worth over Rs 1,000 crore
    RPG Group's EPC firm KEC International has bagged new orders worth Rs 1,006 crore spread across its various business verticals. 

    The Transmission and Distribution (T&D) arm bagged an order for a 400 kV transmission line in Oman, whereas in the Americas it received orders to supply towers, hardware, and poles. 

    In the cable and conductors sector, the firm bagged various orders from International and domestic markets. The civil segment bagged a repeat order for the construction of a Multispeciality Hospital from a renowned healthcare player in Eastern India.
  • Hyderabad Metro: DMRC floats tender worth over Rs 923 crore for coaches
    Delhi Metro Rail Corporation (DMRC) has floated a tender worth Rs 923.62 crore related to Hyderabad Metro. The tender invites international bids for the design, manufacture, supply, and commissioning of 60 standard-gauge metro coaches.

    The tender is floated on behalf of Hyderabad Metro Rail Limited (HMRL) and also covers comprehensive maintenance of the trainsets and associated depot equipment for 15 years. 
  • Cortex DC to develop AI-data centre across India
    New York-based The Chatterjee Group's (TCG) arm, Cortex DC, has plans to develop 2 GW of AI-ready capacity across India in the next 7 years.

    The locations for the project are not yet finalized, and the firm targets operational readiness for its first facility within 18 months of the first shovel. 51 percent of the energy for the projects will be sourced from green sources.