HiLITE Group to Invest Rs 250 Billion Across Kerala
HiLITE Group has announced plans to invest Rs 250 billion over the next five years to develop 50 million sq ft of space across Kerala, spanning retail, information technology, healthcare, education, residential and commercial segments.The company said it will significantly expand its presence across Kerala's Tier 2 and Tier 3 cities through a network of HiLITE Centres, HiLITE Countryside projects and other mixed-use developments, aimed at bringing organised retail and lifestyle experiences to emerging markets.The expansion strategy is centred on two retail formats. While HiLITE Countryside tar..
The Risk of Negative Bids
The phenomenon of negative bidding in India's roads sector has moved from being an occasional occurrence to an industry-wide concern. With contractors increasingly quoting significantly below project estimates to secure orders, questions are being raised over project viability, execution quality and the long-term sustainability of the contracting ecosystem.These concerns formed the core of a high-level industry roundtable organised by CW, where senior industry leaders deliberated on the reasons behind the trend, its implications and the reforms needed to restore discipline and sustainability i..
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