Green Signal for Adani’s Massive Motilal Nagar Revamp

The Supreme Court has cleared the way for Adani Realty to execute the Rs 360 billion Motilal Nagar Redevelopment Project in Mumbai’s Goregaon (West), dismissing a special leave petition filed by residents. Spread across 143 acre and covering Motilal Nagar 1, 2 and 3, the project—awarded by MHADA—will be developed by Adani Properties.

Under the leadership of CEO Jackbastian K. Nazareth, Adani Realty has navigated complex projects and scaled its presence through strategic planning and customer-centric growth. The Motilal Nagar redevelopment reflects the company’s capability to execute large-scale urban renewal efforts.

As per the MHADA-Adani MoU, the developer will hand over 3.97 lakh sq m of developed space, adding nearly 33,000 homes to MHADA’s housing stock. Eligible residents will receive 1,600 sq ft flats, while 987 sq m will be allocated for commercial rehabilitation. With a seven-year deadline, the project is among Mumbai’s largest urban revamps after Dharavi.

Naidu Reignites Global Partnerships

Reaffirming his commitment to positioning Andhra Pradesh as a global investment destination, Chief Minister N Chandrababu Naidu has secured Singapore’s renewed support for the development of Amaravati. During his visit to Singapore, Naidu held high-level discussions with Minister Tan See Leng, culminating in the signing of a Memorandum of Understanding (MoU) to collaborate on key infrastructure and governance initiatives.

The MoU marks a significant step in reviving the once-halted partnership, previously active during Naidu’s 2014–19 tenure. Singapore had then contributed to Amaravati’s master planning and early-stage development through a consortium selected via the Swiss Challenge method. The engagement had been suspended after a change in government in 2019.

With Naidu back at the helm, Singapore has expressed strong interest in resuming collaboration—not only in Amaravati but across sectors such as agriculture, food processing, renewable energy, digital innovation, port infrastructure, and skill development. Singapore-based firms like Food Empire and EverVolt are already exploring opportunities in the state, reflecting the growing investor confidence under Naidu’s leadership.

Tata Motors’ Global Expansion

Tata Motors is set to acquire Iveco’s trucks and bus business for €3.8 billion in its biggest deal since Jaguar Land Rover. Executive Director Girish Wagh said the acquisition aligns complementary product portfolios and combines Tata’s frugal engineering with Iveco’s expertise in electrification, hydrogen, and ADAS. He added that the integration could unlock revenue synergies through cross-market opportunities—introducing Iveco products in India and Tata vehicles in Latin America. While Iveco will retain its brand and operations, Tata Motors plans to refinance the bridge loan through equity and internal accruals, with the deal expected to be earnings accretive from year two.