Lodhas Pledge Major Stake for Philanthropy

04 Nov 2024 CW Team

Abhishek Lodha, Managing Director and CEO of Macrotech Developers (known as Lodha Group), along with his family, has announced a significant philanthropic commitment, pledging Rs 20,000 crore worth of company shares to the Lodha Foundation. This pledge aims to support the foundation’s mission of social betterment through initiatives focusing on education, healthcare, and sustainable urban development. The Lodhas’ donation is set to mark one of the largest contributions in India’s real estate sector towards philanthropy, underscoring their commitment to corporate social responsibility (CSR).

The transfer of shares represents not only a substantial financial endowment but also signifies a long-term dedication by the Lodhas to impactful societal contributions. By directing resources from their successful real estate ventures into the foundation, the Lodhas are paving the way for holistic community upliftment and sustainable development. The family has emphasized that the funds will be managed and utilized through the Lodha Foundation, which has outlined objectives focused on empowering underserved communities.

This move aligns with a growing trend among Indian entrepreneurs to support philanthropic and environmental causes in a structured and impactful manner. The Lodha Foundation aims to leverage this commitment to expand its outreach, with targeted investments in educational facilities, health services, and urban sustainability programs. The foundation’s expanded capital base is expected to enhance its capacity to develop self-sustaining social programs and contribute toward creating a more equitable society.

By placing a significant portion of their wealth in philanthropy, the Lodha family’s pledge exemplifies a rising focus on transformational giving within the Indian corporate landscape.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..