Ashiana Housing to Invest Rs 425 Cr in Senior Living
Ashiana Housing has announced a Rs 425 crore capital outlay for FY25–26 to expand its senior living housing segment. The investment covers land acquisition, construction, and execution costs.In FY24–25, the company spent Rs 213 crore and recorded Rs 382 crore in bookings. This year, it aims to launch five new project phases across 5.71 lakh sq. ft., with a target of Rs 450 crore in bookings.The company operates nine projects across Bhiwadi, Chennai, Jaipur, Pune, and Lavasa and now plans to enter the Mumbai and Bengaluru markets. Senior living now contributes over 30% to its residential po..
CCI Clears Dalmia’s Full Acquisition of Jaiprakash Associates
The Competition Commission of India (CCI) has approved Dalmia Cement (Bharat) Limited’s 100% acquisition of Jaiprakash Associates Limited (JAL) under the Insolvency and Bankruptcy Code (IBC), 2016.Dalmia Cement is a wholly owned subsidiary of Dalmia Bharat Limited and a key player in the cement manufacturing sector. The acquisition supports the group’s consolidation strategy in the sector.JAL, currently under a corporate insolvency resolution process, has diversified business interests in real estate, cement, hospitality, and EPC. The acquisition marks a strategic step for Dalmia in enhanc..
Tata AutoComp Expands in Europe with Slovakia Acquisition
Tata AutoComp Systems has entered into a conditional agreement to acquire 100% of IAC Group Slovakia through its UK-based subsidiary, Artifex Interior Systems Limited. The financial terms were not disclosed.The acquisition is part of Tata AutoComp’s broader strategy to strengthen its European presence and deepen ties with global OEMs. It follows the earlier acquisition of Artifex and aligns with the company’s plan to be a leading supplier in the UK and EU markets.Pending regulatory approvals, the acquisition will boost Tata AutoComp’s capabilities in the automotive interiors space, posit..
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