Sachin Tendulkar's Company Leases Two Apartments in Mumbai's Bandra

22 Dec 2023 CW Team

In a strategic move, a subsidiary of Kalpataru Group successfully raises Rs 5.25 billion to support the completion of 10 residential towers in Mumbai. This financial injection underscores the dedication to advancing ongoing real estate projects and emphasises the crucial role of substantial funding in ensuring the timely and successful delivery of projects in the competitive market.

The funding secured by Kalpataru Group's subsidiary is expected to be instrumental in overcoming financial challenges and expediting the completion of the 10 residential towers. Timely project completion is not only essential for meeting buyer expectations but also plays a pivotal role in maintaining the developer's reputation and sustaining momentum in the dynamic real estate sector.

This development reflects the continued confidence in the real estate market, with investors showing interest in supporting established developers like Kalpataru Group in their endeavours. The financial backing is likely to contribute to the progress of the residential projects, meeting the evolving demands of homebuyers and adding to the vibrancy of Mumbai's real estate landscape.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

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Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..