Ajit Jain Buys Rs 850 Million Flat in Gurugram

27 Feb 2026 CW Team

Ajit Jain, a senior executive at Berkshire Hathaway, has acquired a residential unit in Gurugram at DLF The Camellias for Rs 850 million (850 mn). The purchase was reported in a property transaction notice and reflects the preferences of high net worth individuals seeking ready residences in premium gated developments. The buyer is widely known for his long association with the chairman of Berkshire Hathaway, and the transaction has drawn attention because of the scale and profile involved.

The Camellias is one of the most exclusive residential developments in Gurugram and offers high-end amenities and security tailored to affluent residents. Sales at such projects are typically limited and command a price premium that has kept interest steady among corporate executives and entrepreneurs. Market participants noted that buying activity at the top end of the market can influence perceptions about luxury asset resilience in the city.

Local brokers said that transactions of this magnitude underscore continued appetite for prime residences despite broader economic uncertainties, and that buyers prioritise location, privacy and quality of construction. The deal may encourage developers to hold firm on pricing for comparable inventory while also focusing on bespoke services and heightened security features to attract similar clients. Observers added that the presence of prominent purchasers can act as a signalling mechanism for other potential buyers.

The transaction adds to a small but visible stream of high-value deals in Gurugram, reinforcing the city's standing as a hub for luxury real estate near the national capital. Developers and brokers will likely monitor follow-up sales to assess whether the momentum persists, and policy makers may wish to watch for any emergent patterns in high-end housing demand.

Infrastructure Urban

30 May 2026

Zinc City Half Marathon Returns In September

Hindustan Zinc will host the third edition of the Vedanta Zinc City Half Marathon in Udaipur on 6 September 2026. Organised in association with Any Body Can Run, the AIMS-certified race will feature 21.097 km, 10 km and 5 km categories.Registrations will open from 1 June 2026 through the Udaipur Marathon and Hindustan Zinc social media pages and websites, and will remain open until slots are filled. A virtual run option will also allow participants from across the world to join the event.Known as India’s Most Beautiful Marathon, the race will take runners through Udaipur’s Fateh Sagar lake..

RIR Power Posts Rs 90.87 Crore Revenue In FY26

RIR Power Electronics reported standalone revenue of Rs 90.87 crore for FY26, up 5.41 per cent from Rs 86.21 crore in FY25. Adjusted EBITDA stood at Rs 10.58 crore, while PAT declined to Rs 6.72 crore from Rs 8.28 crore. The adjusted EBITDA margin stood at 11.64 per cent.For Q4 FY26, the company posted revenue of Rs 23.95 crore, up 18.16 per cent sequentially but lower than Rs 26.46 crore in Q4 FY25. Adjusted EBITDA rose to Rs 2.46 crore from Rs 0.86 crore in Q3 FY26, while PAT increased sequentially to Rs 1.39 crore.The company said cleanroom construction at its SiC semiconductor plant in Bhu..

Zoomlion Expands Hybrid Farm Machinery Globally

Zoomlion is expanding its global deployment of new energy and intelligent agricultural machinery, showcasing hybrid tractors, smart harvesters and crop-specific mechanisation solutions across exhibitions in Turkey, South Africa, Thailand, Brazil and China.The DV3504 and DQ2604 hybrid tractors were highlighted in Turkey and South Africa as solutions for large-scale farming, lower fuel consumption and high-load applications such as deep tillage. Brazil also marked a key milestone, with Zoomlion launching the DV3504 for the local market and aligning it with the country’s green agriculture needs..