Brigade Expands in Chennai with Rs 4,417 Mn Land Acquisition
Brigade Enterprises Ltd, the flagship of Brigade Group, has acquired a prime 5.41-acre land parcel in Velachery, Chennai. The deal, valued at Rs 4,417 million, was advised exclusively by Knight Frank India. The project has a gross development value of approximately Rs 16,000 million and a development potential of 0.8 million square feet.Velachery’s strategic location offers connectivity to the Information Technology Corridor of Old Mahabalipuram Road (OMR) and the Central Business District, making it attractive for residential development. This acquisition marks a milestone in Brigade’s ag..
Balu Forge Industries Delivers Record-Breaking FY25 Performance
Balu Forge Industries Ltd (BFIL), a leading precision engineering and manufacturing company, announced its audited consolidated financial results for the year ended thirty-first March 2025. The company achieved its highest-ever revenue from operations at Rs 9,240 million, up by sixty-five per cent year-on-year.Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by one hundred ten point eight per cent to Rs 2,510 million, while Profit After Tax (PAT) increased by one hundred eighteen per cent to Rs 2,040 million. The EBITDA margin expanded by 591 basis points to 27.2 per..
Title: Wacker Begins Hybrid Polymer Production at Nünchritz Site
Wacker Chemie AG has commenced production of hybrid polymers at its Nünchritz site in Saxony, Germany. The new high-speed facility, now ramping up operations, aims to meet growing global demand for high-performance adhesives and sealants. The investment, worth several tens of millions of euros, has created fifty new jobs.Replacing the previous unit at Burghausen, the advanced facility significantly expands Wacker’s production capacity. Hybrid polymers, especially the GENIOSIL® STP-E range, are increasingly used in adhesives for flooring, roofing membranes, and construction applications. Th..
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