Brigade to invest Rs 3,000 crore on construction
ECONOMY & POLICY

Brigade to invest Rs 3,000 crore on construction

Realty firm Brigade Enterprises is set to launch 10 housing projects in Bengaluru and Chennai during the current fiscal year, with an estimated construction cost of Rs 30 billion. The company aims to capitalise on the increasing demand for residential properties in these cities. Brigade Enterpr...

Realty firm Brigade Enterprises is set to launch 10 housing projects in Bengaluru and Chennai during the current fiscal year, with an estimated construction cost of Rs 30 billion. The company aims to capitalise on the increasing demand for residential properties in these cities. Brigade Enterprises' Managing Director, Pavitra Shankar, expressed optimism about the residential market in India and stated that the company aims to achieve a growth of 15-20 per cent in housing sales during the 2023-24 fiscal year.Contact: Brigade EnterprisesTel: 080 41379200Email: salesenquiry@brigadegroup.comWebsite: www.brigadegroup.com

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Building Material

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

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Technology

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

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Infrastructure Urban

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

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