Maharashtra Plans ₹600 Crore Skill Centres For Construction Workers
CREDAI Pune hosted its annual Construction Safety Awards in Pune, where Maharashtra Labour Minister Akash Pandurang Fundkar announced plans to invest nearly ₹600 crore in modern skill development centres for construction workers across the state.The event, held at Sheraton Grand Pune, was attended by more than 300 CREDAI members and representatives from the construction sector. The proposed centres are planned for locations including Mumbai and Nagpur and will focus on advanced technologies, modern equipment and workforce training aligned with evolving industry requirements.Fundkar called fo..
NCLAT Quashes Insolvency Proceedings Against Embassy Developments
Embassy Developments Limited has announced that the Hon’ble National Company Law Appellate Tribunal (NCLAT), New Delhi, has set aside the earlier National Company Law Tribunal (NCLT) order admitting insolvency proceedings against the company, thereby quashing the Corporate Insolvency Resolution Process (CIRP).The appellate tribunal’s order overturns the NCLT ruling dated December 9, 2025, under which CIRP proceedings had been initiated against the company. With the latest ruling, all directions arising from the earlier NCLT order stand terminated and the insolvency proceedings against Emba..
Earth Fund, Sattva Ventures Invest ₹42 Crore In Aurm
Earth Fund and Sattva Ventures have announced a ₹42 crore Series A investment in Bengaluru-based startup Aurm, which is developing technology-driven bank locker and secure vault infrastructure for residential communities, corporate campuses and financial institutions.The investment will help Aurm expand its automated vaulting solutions aimed at modernising India’s traditional bank locker ecosystem through enhanced security, accessibility and digital integration. The funding round also saw participation from several angel investors.Abhay Garg said the investment reflects a shared vision of ..

