Zayd Noaman Becomes Youngest CREDAI Bengaluru President

16 Apr 2025 CW Team

Zayd Noaman has been appointed as the youngest-ever President of CREDAI Bengaluru, ushering in a new era for the city’s real estate body. He takes over from Amar Mysore for a two-year term, with a vision focused on innovation, sustainability, and bridging the gap between policy and progress.

Executive Director at Prestige Group, Zayd leads corporate finance, strategy, and business development. His new leadership team includes President-Elect Bimal Hegde (Chartered Housing), Vice President Karan R Shetty (RJ Group), Secretary Nischay Jayeshankar (Adarsh Group), Treasurer Shivaram Kumar Malakala (Habitat Ventures), and Joint Secretary Abhishek Ahuja (Esteem Group).

“It’s an honour to serve this city and our fraternity,” said Zayd, addressing members at CREDAI Bengaluru’s AGM. Citing that Bengaluru contributed over 17 per cent to India’s residential sales in 2024, he noted that CREDAI members were behind the majority of these projects—underscoring the association’s vital role.

Zayd’s agenda includes strengthening developer-regulator ties, promoting green construction, and enhancing urban livability. His leadership promises bold strides towards redefining Bengaluru’s real estate future.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..