Nisus BCD Fund Injects Over Rs 1.05 Bn into Shapoorji Pallonji Real Estate Subsidiary

05 Mar 2024 CW Team

In a notable financial move, Nisus BCD Fund has injected a substantial investment exceeding Rs 1.05 billion into a subsidiary of Shapoorji Pallonji Real Estate. This investment not only reaffirms Nisus BCD Fund's confidence in the real estate market but also provides a robust financial backing for strategic initiatives within the Shapoorji Pallonji Real Estate portfolio.

The substantial investment is expected to catalyse growth, enhance project development, and fortify the financial position of Shapoorji Pallonji Real Estate's subsidiary. Nisus BCD Fund's commitment aligns with the broader vision of fostering advancements and sustainable ventures within the real estate sector.

As the real estate industry continues to play a pivotal role in India's economic landscape, strategic investments like these contribute to the sector's resilience and growth. Nisus BCD Fund's injection of funds serves as a testament to the continued attractiveness of the real estate market for financial backers, despite evolving market conditions.

This financial collaboration between Nisus BCD Fund and Shapoorji Pallonji Real Estate's subsidiary is poised to yield positive outcomes, supporting ongoing and future real estate projects. The investment not only reflects the financial prowess of both entities but also positions them strategically for success in the dynamic real estate landscape.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..