AT A GLANCE
Real Estate

AT A GLANCE

Hafele India has consolidated its appliances business under its global brand ‘Hafele Appliances’; the Hafele appliances showroom was recently inaugurated in Bengaluru.IEEMA members have committed to rapid restoration of electrical and power infrastructure in the cyclone affected...

Hafele India has consolidated its appliances business under its global brand ‘Hafele Appliances’; the Hafele appliances showroom was recently inaugurated in Bengaluru.IEEMA members have committed to rapid restoration of electrical and power infrastructure in the cyclone affected areas in Odisha, and  have appointed a nodal officer in Bhubaneshwar to address the emergency needs of power infrastructure restoration work.IIFL Home Finance has signed a MoU with the Indian Green Building Council (IGBC) with a vision to provide sustainable green living for the affordable housing segment in India.Sunanda has been voted among the top five waterproofing brands in India in the 2018 The Experts’ Choice Rankings.About 77 million lamps to be distributed by 2019-end and 30 million street lights by 2020-end in Maharashtra, announced Kantilal B Umap, Director General, Maharashtra Energy Development Agency (MEDA-Pune), who was the chief guest at the LED Expo Mumbai 2019.Indus Net Technologies, along with CREDAI Bengal, hosted an event ‘Digital Success of Real Estate’ in Kolkata, which brought together the best of digital minds from technology, construction, real estate and facility management on one platform to share insights, case studies, and facilitate the exchange of ideas and innovation.Considering the vital role the logistics industry plays in the growth of the country, CII organised a conference on ’Standardisation in Logistics 2019 – A step Towards Accelerating Logistics Sector Growth’.Synchrony and Hyderabad Software Enterprises Association have set up two digital labs as part of the Disruptive Digital Intervention programme at government high schools in Manikonda and Yousufguda in the city, to help foster digital dexterity and provide state-of-the-art infrastructure in the schools.

Next Story
Building Material

JSW Paints to Acquire Majority Stake in Akzo Nobel India

JSW Paints has signed definitive agreements to acquire up to 74.76 per cent stake in Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The proposed transaction is valued at up to Rs 89.86 billion, subject to closing adjustments. The deal is contingent on approval from the Competition Commission of India and the successful completion of a mandatory open offer to ANIL’s public shareholders. Part of the US$ 23 billion JSW Group, JSW Paints is among the fastest-growing players in India's paint industry. ANIL, a key player in decorative and industrial paints, brin..

Next Story
Infrastructure Energy

Greenko Founders Secure $650 Million Loan to Reclaim Stake

Greenko Energy Holdings co founders Anil Chalamalasetty and Mahesh Kolli have clinched a $650 million private credit facility that will enable them to repurchase 17.5 per cent of the clean energy producer from Japan’s Orix Corp, leaving Orix with a residual 2.5 per cent.The two year loan comes from a consortium of lenders including Keppel Credit, SeaTown Holdings International, BlackRock, Varde Partners, Broad Peak Investment Advisers, Nomura and Sumitomo Mitsui Banking Corp. The transaction is one of India’s largest private credit financings this year, reflec..

Next Story
Infrastructure Energy

Inox Neo Buys Skypower Solar India for Rs 2.65 Billion

Inox Clean Energy’s renewable arm, Inox Neo Energies, has completed the acquisition of Skypower Solar India at an enterprise value of about Rs 2.65 billion. The portfolio comprises a 50 MW (AC) / 57.5 MW (DC) solar plant in Khandwa district, Madhya Pradesh, commissioned in the 2018 financial year and backed by a 25 year power purchase agreement with Madhya Pradesh Power Management Company.Chief Executive Bharat Saxena said the project’s robust operating record makes it value accretive from day one and fits the group’s inorganic growth plan. The firm cont..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?