Vardhman Amrante to Invest Rs 13.5 Bn in Punjab

09 May 2025 CW Team

Vardhman Amrante, the real estate arm of Oswal Group, has announced plans to invest Rs 13.50 billion in Punjab over the next three years. The investment will span various sectors, including residential, commercial, hospitality, industrial, and allied developments, with a focus on Ludhiana and other rapidly growing regions in the state.

Chairman and Managing Director Adish Oswal emphasized the company's commitment to transforming Punjab's urban landscape through high-end projects that set new benchmarks for quality and innovation. The funding for these initiatives will primarily come from internal accruals, with the possibility of additional debt financing if required.

Since its inception in 2014, Vardhman Amrante has delivered 1.5 million square feet of residential space and is currently developing a 275,000 square foot shopping mall. The company aims to establish itself as a leading real estate brand in Punjab by contributing to the state's economic development and infrastructure growth.

Image Source:vardhmanamrante

Infrastructure Urban

07 Oct 2025

Bihar CM Launches Rs 12.42 Bn Projects in Nalanda

Bihar Chief Minister Nitish Kumar has inaugurated and laid the foundation stone for 48 development projects worth Rs 1,242 crore in Nalanda district. The projects, announced during the Pragati Yatra, aim to boost infrastructure and enhance public welfare in Rajgir.Addressing a gathering, Nitish Kumar highlighted increased benefits under social welfare schemes, including raising pensions for senior citizens, widows, and differently-abled individuals from Rs 400 to Rs 1,100 per month. Daily allowances for home guards and honoraria for Anganwadi workers, school night watchmen, and ASHA workers ha..

CM Stalin Inaugurates Multiple Welfare Projects in Chennai

Tamil Nadu Chief Minister MK Stalin has inaugurated several development and welfare initiatives across multiple districts, including Chennai. The projects span healthcare, education, housing, and environmental conservation.Stalin flagged off 26 vehicles worth Rs 3.62 crore for tribal hostels and residential schools and launched 25 emergency ambulances costing Rs 5.78 crore, along with 20 mobile medical units worth Rs 4 crore.He also inaugurated 772 new houses built at a cost of Rs 44.48 crore for Sri Lankan Tamil refugees, along with Rs 6.58 crore for basic amenities in eight rehabilitation ca..

Centre Launches Rs 15 Bn Scheme for Mineral Recycling

The Ministry of Mines has released detailed guidelines for the Critical Mineral Recycling Incentive Scheme under the National Critical Minerals Mission. With a total outlay of Rs 1,485 crore, the scheme aims to promote recovery of key materials such as lithium, cobalt, nickel, rare earth elements, and platinum group metals from e-waste, spent batteries, magnets, catalytic converters, and alloy scraps.Beneficiaries will include recyclers of secondary products, classified into Group A and Group B based on their global revenues. Group A covers large recyclers with at least Rs 200 crore in annual ..