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

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..