Top Challengers - 2023

29 Jul 2023 CW Team

The key to India's transformation from a developing nation to a developed one lies in strengthening its infrastructure across sectors, whether it is power, transportation or commercial infrastructure. This development will not only improve trade and commerce but lead to sociocultural development. All this, in turn, will drive the country’s economic growth.

If the latest data on Indian roads is anything to go by, there is no looking back on the development front. To put it in perspective, India now has the second-largest road network in the world. With 1,45,240 km, the country now stands next only to the US on the basis of road network. “American roads are not good because America is rich; America is rich because American roads are good,” former US President John F Kennedy once famously said. No wonder the Indian economy has remained resilient while developed nations and other developing economies witnessed turbulence over the past four quarters!

Along with roads, there has been considerable visible growth in the railway network too (it stands at 55,198 km) and there are now 152 airports and 20 metro cities. Almost 95 per cent of villages have power and there are over 100 unicorns on the business front. While economic growth is visible, even the barometer of our financial health, benchmark equity indices, are trading at all-time high levels.

To read the full article: Click here

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..