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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 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...

Top business news of the week: February 21st to 28th

by Gurpreet Singh | Apr 18, 2025 | Weekly Newsletter

UP Budget 2025: State to develop science parks and planetariums   The state budget of Uttar Pradesh was tabled yesterday for the year 2025. State’s Finance Minister Suresh Khanna in his budget speech, outlined plans to establish 4 new science parks and 2...
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Recent News

  • Kalyani Airport Project: 1,000 acres land earmaked for the project
    The state of West Bengal is set to get a new greenfield airport in Kalyani, Nadia. Around 1,000 acres of land is earmarked for the project, which will serve as the second commercial airport for the Kolkata metropolitan region. This project is a part of a broader aviation push in the budget, which also flags new airport or airfield proposals for Purulia, Balurghat and Malda.
  • Himachal Pradesh government clears 19 hydropower projects
    The state government of Himachal Pradesh has cleared implementation agreements for 19 hydropower projects to be developed in the state. These projects range from 6 MW to 24 MW and have a combined capacity of 278 MW and an estimated investment of about Rs 3,336 crore.

    These projects are: 9 MW Soyal Dashal, 6 MW Khauli-II, 9 MW Gramang, 10 MW Umli, 24 MW Bharmour Stage-I, 21 MW Bharmour Stage-II, 22.5 MW Harsar Stage-II, 19 MW Harsar Stage-III, 24 MW Tundah Stage-II, 18 MW Janglik, 15 MW Rupin Stage-II, 17 MW Dunali-I and II, 12 MW Jari, 18 MW Toral Kundli, 15 MW Tundan, 10 MW Kot Dogri, 8 MW Upper Kurmi, 11 MW Kalal Khol and 9.6 MW Melan hydroelectric projects.
  • K2 Infra bags order worth over Rs 390 crore in Telangana
    K2 Group's flagship firm, K2 Infra, has secured a new order worth Rs 390.91 crore from the Telangana State Government. The order is for the construction, upgradation, strengthening, and maintenance of selected PRED roads in the Bhongir Circle under the Telangana Rural Roads Development Programme. The order covers Phase 1 (Package 2), which involves the development and maintenance of selected road stretches under the Panchayat Raj Engineering Department framework. The project aims to improve rural road connectivity in the Bhongir Circle and support smoother movement.
  • Kamat Hotels launches new hotel in Bhavnagar
    Mumbai-based luxury hotel chain Kamat Hotels has announced the opening of a new hotel in Gujarat.  The firm announced the opening of IRA by Orchid in Bhavnagar, Gujarat, featuring 50 well-appointed rooms.  The hotel will also house a multi-cuisine all-day dining restaurant, 24-hour in-room dining, a full-service gym, and five versatile banquet and meeting venues accommodating up to 500 guests. As per the updates, the property is well connected with Bhavnagar Airport, railway stations, and commercial centres. 
  • 4 lakh sq ft office space leased by Tech Mahindra in Hyderabad
    Multinational IT firm, Tech Mahindra, has leased 4 lakh sq ft of office space in Hyderabad. The space is leased at Aparna IT Hub in Kondapur village and covers the entire 12th, 13th, 14th and 15th floors across Blocks A and B. The space is leased for 10 years and has an initial monthly rent of Rs 3.06 crore, with a 15% rent escalation every three years.