Bhutani Infra Discontinues Talks With WTCA

06 Feb 2025 CW Team

Bhutani Infra informed that it has withdrawn from any planned engagement with the World Trade Centers Association (WTCA) and will not have any involvement with the ongoing, completed or future projects associated with the organization. The company had acquired a majority stake in WTC Noida in a revenue-share deal in 2024. This was one of five World Trade Centers being developed in India. The company clarified that they have now withdrawn from this agreement.

Ashish Bhutani, CEO, Bhutani Infra, stated, "Our initial discussions with the WTC Group were intended to align with Bhutani Infra’s broader vision to contribute to India’s commercial real estate landscape. However, we have chosen to fully step away from any association with the WTC Group." The company emphasised that it holds no responsibility or liability with respect to the unit holders of existing or ongoing projects of the WTCA.

"Bhutani Infra had initially explored prospective opportunities with the WTC Group solely on the basis of the representations provided by the WTC Group. However, after a thorough evaluation, the company has decided to disengage entirely from the WTC group," it said. WTCA, an international trade organization, licenses developers to use the brand name and services.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..