TN seeks to rope in Singapore firms for housing projects

21 Oct 2022 CW Team

Tamil Nadu is exploring the possibility of developing housing projects in collaboration with Singapore firms, the state’s Minister of Finance and Human Resource Management Palanivel Thiaga Rajan said.

Participating in a panel discussion ‘Partnering with Tamil Nadu for Technology, Innovation and Entrepreneurship’, organized as part of the NTU Singapore-CII Singapore-India Dialogue this week, he said there is a cultural and natural connect between Singapore and Tamil Nadu.

Several firms from the city-state, including GIC and CapitaLand (formerly Ascendas), have invested in real estate assets and REITS in Tamil Nadu in the past. “There is ample scope for such asset managers and developers as well as the Tamil Nadu government to explore more such possibilities with the technical know-how of Singapore firms.

“Our housing minister has informed me there are plans to promote couple of flagship housing projects in Chennai in collaboration with Singapore firms. We could explore more such opportunities to collaborate in the commercial real estate space,” Thiaga Rajan said. “Fintech is one area we could collaborate more, especially in credit risk management in handling unsecured debts, besides working on a quicker and predictable dispute solution mechanism,” he said.

Resources

11 May 2026

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..