Homebuilder confidence in US drops at 11-month low in July

Route Mobile Appoints Rajdip Gupta as CEO and Sammy Mamdani as COO

The announcement was made at the company’s scheduled Board of Directors meeting on 17 July 2025. Badalia stepped down citing personal reasons.Rajdipkumar Gupta, Founder and Managing Director of Route Mobile, has been re-designated as Chief Executive Officer. He will continue to serve as Managing Director in addition to his new responsibilities. Gupta has led the company since its inception in 2004 and brings deep operational and strategic expertise to the role.In a parallel move, the company has elevated Sammy Mamdani, Executive Vice President – Group Head – Global Operations, to the pos..

Godrej Properties Acquires 48-Acre Land in Doddaballapur

Located near the Satellite Town Ring Road (STRR), the newly acquired land is strategically positioned in one of Bengaluru’s high-potential growth corridors. The development is aimed at capitalising on increasing demand for plotted housing in well-connected suburban areas.Doddaballapur has emerged as a prominent real estate destination due to its proximity to Kempegowda International Airport, growing industrial investments, infrastructure developments like STRR, and nearby scenic locations including Nandi Hills.This acquisition strengthens Godrej Properties’ presence in North Bengaluru, ali..

ACME Solar Signs BESS Agreements with NHPC for 275 MW / 550 MWh Projects

ACME Solar Holdings, through its wholly owned subsidiaries, secured the projects via an e-reverse auction conducted on 24 June 2025. The contracts include 50 MW / 100 MWh at a tariff of Rs 2,10,000 per MW per month, and 225 MW / 450 MWh at Rs 2,22,000 per MW per month.The Letter of Award (LoA) was issued on 8 July 2025. The quick transition from LoA to signing was facilitated by the prior identification of the customer—Andhra Pradesh. The battery installations will be set up at the customer's site, with land and evacuation infrastructure provided by them, which is expected to accelerate exec..