UP govt to launch trust-based building plan approval system

Thermal Power PLFs Remain Strong Despite Demand-Supply Gap

According to a recent analysis by India Ratings and Research (Ind-Ra), thermal power Plant Load Factors (PLFs) are expected to maintain robust levels despite ongoing mismatches in power demand and supply. This assessment underscores the resilience of thermal power generation in meeting electricity needs amid fluctuating market dynamics.

Ind-Ra's report highlights that thermal PLFs are likely to remain healthy due to consistent operational efficiencies and sustained demand from various sectors. Despite occasional challenges in matching supply with fluctuating demand patterns, thermal po..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..

Aerospace Firms Seek Government Support

India's aviation sector is booming, with significant aircraft orders signalling a period of substantial growth. However, the industry faces challenges that necessitate government intervention for sustained progress. Recently, major aerospace firms have appealed to the Indian government for support to bolster domestic manufacturing capabilities and enhance competitiveness on a global scale.

The increase in aircraft orders highlights India's expanding aviation market. With the country poised to become the third-largest aviation market globally by 2025, the demand for new planes is escala..

DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..

Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..