Technopark Seeks Co-Developer for Second QUAD IT Tower

13 Aug 2025 CW Team

Technopark has invited Expressions of Interest (EoIs) from qualified IT co-developers for constructing and operating the second IT building under its integrated IT micro-township project, ‘QUAD’, at the Technopark Phase IV (Technocity) campus in Pallippuram.

Envisioned as a live-work-play campus, the QUAD project will combine IT innovation, commercial vibrancy, and sustainable design, offering IT professionals access to shopping facilities and residential quarters. The first IT building under the project is currently in the bid evaluation stage. The 30-acre QUAD site is divided into four land parcels.

The proposed second IT tower will span approximately 8 lakh sq ft on around 4.50 acres, to be leased on a long-term basis of up to 90 years. The selected developer will have the opportunity to bring reputed IT/ITeS firms to the premises and partner with Technopark, one of the country’s largest and greenest IT parks. Presently, around 125 companies are awaiting IT space allocation.

Eligible bidders must be private or public limited companies registered under the Companies Act, operating in India for at least five years, with an annual turnover of Rs 350 million in each of the last three financial years. Joint ventures, joint applications, or consortiums will not be accepted.

Applicants must also have successfully completed, in the past seven years, at least one similar project with a minimum built-up area of 4 lakh sq ft, or two IT/commercial/office buildings of at least 3 lakh sq ft each, or three projects of at least 2 lakh sq ft each, including both construction and operations.

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..