Phoenix Mills' 5.1 Million Sq Ft Office Expansion Sparks Growth

18 Jan 2024 CW Team

Phoenix Mills, a prominent player in retail-centric real estate, is set to elevate its portfolio with a robust expansion plan. The company's strategic move involves adding a substantial 5.1 million square feet to its office properties within the next three years. This expansion aligns with the evolving dynamics of the real estate market, especially in the commercial sector. The company's commitment to providing quality office spaces reflects a keen understanding of the growing demand for such facilities. With this substantial addition, Phoenix Mills aims to cater to the increasing needs of businesses seeking modern and well-equipped office environments. The strategic foresight embedded in this expansion positions Phoenix Mills as a key player in shaping the future landscape of commercial real estate. This move not only underscores Phoenix Mills' dedication to enhancing its real estate offerings but also signifies a noteworthy contribution to the broader economic ecosystem. As businesses continue to evolve, Phoenix Mills is poised to play a pivotal role in providing dynamic and contemporary office spaces, fostering innovation and growth. This strategic initiative is a testament to the company's forward-looking approach in adapting to market trends and meeting the evolving needs of the business community.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..