AT A GLANCE
Real Estate

AT A GLANCE

Schneider Electric has opened its first Smart Distribution Centre in India, in Mumbai. The centre has been digitally transformed with Schneider Electric’s EcoStruxure architecture to be more energy-efficient and provide real-time access to information right across the supply chain; early r...

Schneider Electric has opened its first Smart Distribution Centre in India, in Mumbai. The centre has been digitally transformed with Schneider Electric’s EcoStruxure architecture to be more energy-efficient and provide real-time access to information right across the supply chain; early results from this digitisation initiative are showing expected energy savings of 10-12 per cent and an increase in logistics efficiency of 5 per cent at the site.On the occasion of Children’s Day, Vikram Solar organised a ‘Sit & Draw’ competition at The Heritage School, Kolkata, with an aim to increase awareness on Climate Change among school children; the theme was ‘Keep it Co2ol: Solar as a Solution for Climate Change’.On Home Safety Day, Godrej Locks unveiled its free Home Safety Assessment Programme through which citizens can measure the safety strength of their homes; the programme is part of the first year anniversary of its public awareness campaign #HarGharSurakshit.Grundfos India collaborated with Madras Chamber of Commerce & Industry to host the two-day ‘Making Chennai Water Positive’ conference as a gold sponsor, which was held in November, in Chennai. Xylos’ has launched its Design Centre in Mumbai; the centre will offer wooden floorings and wooden products for consumers. The product line-up includes: Green elements; earthly elements; engineered flooring, laminate series, decking and cladding series.

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Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

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Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

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Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

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