Nishitetsu, Runwal To Build Rs 20 Billion Kurla Office Tower

25 Nov 2025 CW Team

Japanese conglomerate Nishitetsu has partnered with Runwal Enterprises on a Rs 20 billion commercial real estate project in Kurla, Mumbai, located near the Bandra–Kurla Complex. The collaboration will see the development of a Grade-A office tower covering more than 310,000 sq. ft.

Nishitetsu’s entry into India marks its first overseas office development and forms part of its broader strategy to expand its footprint across Asia’s urban real estate markets. The project also includes the involvement of Route78 Partners and Genkai Capital Secured Investment, both of which aim to channel institutional capital into Indian developments.

The partnership further strengthens Runwal Enterprises’ position in the premium commercial real estate segment, following its evolution from affordable housing into luxury and high-end developments.

“This marks our first participation in an overseas rental office development project,” the Fukuoka-based conglomerate said. “As a key strategy of our 16th Medium-Term Management Plan, we are promoting the expansion of profits from our overseas real estate business. We will continue striving to expand our global real estate portfolio and build know-how, contributing to sustainable urban development abroad.”

Infrastructure Energy

26 Nov 2025

CCI Clears Jindal Jhajjar’s 100% Acquisition of Jhajjar Power

The Competition Commission of India has approved the proposed acquisition of the entire shareholding of Jhajjar Power Limited by Jindal Jhajjar Power Limited. The transaction forms part of a broader consolidation, with the Acquirer set to obtain 100 per cent ownership of the Target company. Jindal Jhajjar Power Limited is a wholly owned subsidiary of Jindal Power Limited, which is engaged in power generation, including thermal power. Jhajjar Power Limited is also active in the thermal power segment. A detailed order from the Commission will be issued separately. ..

Rivexa Launches New Cross-Border Payment Solution for Exporters

rivexa by mjunction Services Limited has introduced a new cross-border trade payment solution designed to streamline global transactions for Indian exporters registered on its platform. Developed within the regulatory framework of the International Financial Services Centres Authority (IFSCA), the system aims to reduce settlement delays, improve traceability and simplify compliance for MSMEs engaged in international trade.The announcement was made during ‘rivOlution 2025: Demystifying the World of Export and Finance’, the platform’s flagship outreach event held last week. Organised in co..

Titan Intech, MIC Partner to Localise Advanced Display Technologies

Titan Intech Limited has announced a strategic technology partnership with Seoul-based Media Information Communication Co, Ltd. (MIC) to co-develop and localise advanced LED, SMD, MiP, Mini-LED and LCD display control systems in India. The collaboration aims to build the country’s first integrated high-performance display technology ecosystem, supporting import substitution and strengthening self-reliance in the sector.The partnership involves a phased investment of about Rs 13.5 million over seven years to support technology absorption, infrastructure expansion and localised production of d..