Bandhan Bank Acquires 12 Mumbai Offices

21 Feb 2024 CW Team

Bandhan Bank has made a strategic move in the real estate market by acquiring 12 offices in Mumbai's Bandra Kurla Complex (BKC) at a cost of Rs 1.35 billion. This investment reflects the bank's commitment to expanding its presence in key financial and business districts, particularly in Mumbai.

The acquisition in BKC, a prominent commercial hub, aligns with Bandhan Bank's growth strategy and underscores its confidence in the potential of the Mumbai real estate market. The move is anticipated to provide the bank with a strategic foothold in a prime location, enhancing its accessibility and visibility.

The transaction includes the purchase of 12 offices, contributing to Bandhan Bank's broader objectives of strengthening its operational infrastructure and creating a more extensive network. This investment is expected to play a crucial role in supporting the bank's business operations and client services.

The move also signifies Bandhan Bank's confidence in the long-term prospects of the financial and commercial landscape in Mumbai. The acquisition of offices in BKC not only reinforces the bank's physical presence but also positions it strategically to capitalise on the opportunities presented by the dynamic business environment in Mumbai.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..