A.K. Spintex Renamed to Sunrakshakk Industries India

27 May 2025 CW Team

A.K. Spintex Limited has officially changed its name to Sunrakshakk Industries India Limited, signalling a strategic shift towards diversification in the fast-moving consumer goods (FMCG) and FMCG intermediate chemicals segments. The updated BSE Scrip ID is “SUNRAKSHAK”, while the Scrip Code remains 539300.

While the company retains its strong foundation in textiles, this rebranding reflects a broader long-term strategy to explore high-growth opportunities beyond its traditional domain. The move aligns with evolving consumer demands and highlights the company’s intent to enhance industrial efficiency and offer value-driven solutions.

Sunrakshakk Industries India Limited aims to position itself as a dynamic, multi-sector player with a strong focus on innovation and sustainable growth. The transition is expected to unlock new avenues across the FMCG landscape while ensuring continued contribution from the textile division.

With experienced leadership and a clear growth roadmap, the company is committed to delivering long-term value to stakeholders and establishing itself in India's competitive FMCG environment.

Source:Business update press release

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..