DLF & Shapoorji Pallonji Challenge Hubtown & PNB in Mumbai Project Dispute

24 Oct 2023 CW Team

In a significant legal showdown, two real estate behemoths, DLF and Shapoorji Pallonji, have initiated legal action against Hubtown and PNB concerning a prominent development project located in South Mumbai. This dispute, which has captured the attention of the real estate industry, hinges on the intricacies of a high-stakes project that stands as a pivotal venture in the heart of the city. DLF and Shapoorji Pallonji, both renowned for their extensive real estate portfolios and expertise, have brought this dispute before the High Court, signaling a legal battle of substantial proportions. The outcome of this litigation could significantly impact the dynamics of the Mumbai real estate sector, and all eyes are on the courtroom as the proceedings unfold. The South Mumbai project, at the center of this dispute, represents not only a significant financial investment but also a symbol of ambitions within the real estate industry. With complexities and legalities in question, this dispute raises intriguing questions about the future of development ventures and property litigation in Mumbai's bustling real estate landscape.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..