Strata Acquires Cafe Coffee Day HQ for Rs.1.50 Bn

08 Feb 2024 CW Team

Strata, a prominent real estate investment platform, has acquired the headquarters of Cafe Coffee Day in Bengaluru for Rs.1.50 billion. Located in the prestigious Vittal Mallya Road area, the acquisition marks a significant investment for Strata in the commercial real estate sector. The Cafe Coffee Day headquarters, known for its prime location and iconic status, offers a strategic asset for Strata's investment portfolio. This acquisition underscores Strata's commitment to expanding its presence in key commercial hubs and capitalizing on lucrative real estate opportunities. The purchase of the Cafe Coffee Day headquarters aligns with Strata's investment strategy focused on acquiring high-quality assets with strong growth potential.

The Vittal Mallya Road area is renowned for its vibrant commercial landscape and proximity to major business districts, making it an attractive investment destination for real estate investors. Strata aims to leverage the strategic location and potential of the Cafe Coffee Day headquarters to generate attractive returns for its investors. The acquisition reflects Strata's confidence in the long-term prospects of the commercial real estate market in Bengaluru and its commitment to delivering value to its stakeholders. With this strategic investment, Strata strengthens its position as a leading player in the Indian real estate sector, poised for continued growth and success in the future.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..