Aditya Birla's Logistics Fund Thrives, Amasses Nearly Rs 800 crore

01 Dec 2023 CW Team

Aditya Birla Sun Life Asset Management Company has achieved a significant milestone, amassing an impressive sum of nearly Rs 800 crore through its logistics fund. This success underscores the growing confidence and interest of investors in the logistics sector. The fund's performance reflects the dynamism of India's logistics industry, known for its pivotal role in facilitating economic activities and trade. Investors have shown keen interest in Aditya Birla's logistics fund, drawn by the potential for robust returns in a sector poised for substantial growth. The fund's success can be attributed to astute investment strategies, tapping into the burgeoning demand for efficient and innovative logistics solutions across various industries. As the fund continues to attract investments, it contributes to the development and modernization of India's logistics infrastructure. This achievement aligns with Aditya Birla Sun Life AMC's commitment to providing lucrative investment opportunities while fostering growth in strategic sectors.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..