Hiranandani Group to launch Tez Platforms with Rs 1k cr investment

17 Feb 2022 CW Team

The real estate major based in Mumbai, Hiranandani Group announced the foray into their technology-led consumer services via the new venture ‘Tez Platforms’, it is all set to be launched this year, having an initial outlay of around Rs 1,000 crore.

Over the period of the next two or three years, the group plans to make an additional investment of approximately Rs 3,500 crore in the venture.

The company to have their focus on large-scale opportunities in entertainment, social media, e-commerce, gaming and esports, personal mobility, blockchain-linked solutions, and artificial intelligence.

Hiranandani Group's chief executive officer said that the group has a road map for the launch of two highly sought-after services in 2022. It will be followed by three more in the next year. Tez Platforms to leverage talent and synergies from several Hiranandani Group entities while having aggressive plans for hiring more than 250 employees in Financial Year 2023.

Yotta Infrastructure shall continue to be their vehicle for investing in areas of interconnectivity, cloud computing, enterprise applications, and enterprise cyber security technologies, enhanced by their hyper scale as well as edge data center roll-outs.

Image Source

Also read: Hiranandani, Blackstone Group JV to invest Rs 3k cr

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..