Goa Approves Inorbit Mall's Land Conversion

21 Nov 2024 CW Team

The Town and Country Planning (TCP) department of Goa has granted approval for Inorbit Malls India to convert 23,497 square meters of orchard land for commercial use. This decision will facilitate the development of a major retail and commercial hub, potentially transforming the retail landscape in the region. Inorbit Malls, a leading player in India's retail real estate sector, aims to build a state-of-the-art mall that will offer shopping, dining, and entertainment options to the growing consumer base in Goa.

The land conversion approval is an essential step for Inorbit Malls, as it allows them to proceed with the construction of their proposed mall on the site. The development is expected to attract significant foot traffic and investment into the local economy, providing a boost to both retail and commercial real estate in the area.

This approval also reflects the ongoing trend of urban development in Goa, with more focus on creating spaces that meet the demands of modern retail. The new mall is expected to offer an array of international and domestic brands, as well as entertainment and dining experiences, which will cater to both locals and tourists.

With this green light from the Goa TCP, Inorbit Malls is one step closer to its goal of expanding its footprint in India's retail market. The project also signals growing opportunities for the retail sector in Goa, which continues to witness an influx of investment and consumer interest in recent years.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..