Two new bridges, tunnels for Mumbai-Pune Expressway

Grovy India raises Rs 150 million through preferential issue

BSE-listed Grovy India has raised Rs 150.1 million through a preferential issue of equity shares to support its expansion plans in the South Delhi real estate market.The company's board-approved preferential issue committee allotted 4.17 million equity shares of Rs 10 face value, raising Rs 150.1 million. Following the allotment, the company's paid-up equity share capital has increased to Rs 175.1 million, comprising 17.51 million equity shares.Grovy India said the participation of promoters and investors reflects confidence in its execution capabilities, growth strategy and position in South ..

K2 Infragen secures BBB- rating for Rs 2 billion facilities

K2 Infragen has secured an ACUITE BBB- rating with a Stable outlook for its long-term bank facilities and an ACUITE A3 rating for its short-term facilities from Acuité Ratings & Research, covering total bank facilities of Rs 2 billion.The rating comprises Rs 1.27 billion of long-term borrowings and Rs 730 million of short-term working capital facilities.According to the rating agency, the investment-grade rating reflects K2 Infragen's business risk profile, revenue growth, execution capabilities and financial discipline. The assessment is also supported by the company's order book, which ..

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..