Brigade Enterprises Posts Net Profit of Rs 1.125 Bn in Q2 FY24

When you’re given a larger platform, you rise to the role

Honouring the legacy of her iconic father, MR Jaishankar, Founder-CMD, Brigade Group, along with her sister Pavitra, Nirupa Shankar, Joint Managing Director, helms the group’s office, retail, and hospitality verticals. Impassioned and articulate, she speaks about the journey, opportunities, trials and triumphs to FALGUNI PADODE, Group Managing Editor.

You have studied hospitality from Cornell Univers..

Brigade Group Invests in Chennai Office Space

Brigade Group, a leading real estate developer, has announced plans to invest Rs 4 billion in developing office space in Chennai. This investment underscores the company's commitment to expanding its presence in the commercial real estate sector and capitalising on growth opportunities in Chennai's office market.

The investment will be directed towards the development of high-quality office space that caters to the evolving needs of businesses and corporations in Chennai. Brigade Group aims to create state-of-the-art office facilities equipped with modern amenities and sustainable desig..

Brigade Enterprises Sees 46% Surge in Sales Bookings for FY24

Brigade Enterprises has reported a remarkable 46% increase in its sales bookings for the fiscal year 2023-24, indicating strong demand for its real estate offerings. This surge underscores the company's resilience and market positioning amidst evolving economic conditions and changing consumer preferences.

The robust growth in sales bookings reflects the success of Brigade Enterprises' strategic initiatives and its focus on delivering high-quality residential and commercial projects. By offering innovative designs, premium amenities, and superior customer service, the company has been a..

Norges Bank excludes Adani Ports from government pension fund

Norway's central bank's executive board has decided to exclude three companies from its government pension fund due to ethical concerns. Norges Bank, which manages the sovereign wealth fund, announced that India's Adani Ports and Special Economic Zone, U.S. defence contractor L3Harris Technologies, and China's Weichai Power will be excluded from its investment portfolio.

Adani Ports has been excluded because of an "unacceptable risk that the company contributes to serious violations of individuals' rights in situations of war or conflict." This company, part of billionaire Gautam Adani'..

Apple signs JV with CleanMax for renewable energy expansion in India

CleanMax, a leading renewable energy provider in Asia, has announced a landmark joint venture with Apple to enhance renewable energy projects across India, marking a significant advancement in the country's green energy sector. As part of this collaboration, CleanMax has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India, expected to mitigate approximately 207,000 tons of CO2 emissions over their operational life. This partnership supports essential renewable energy financing, enabling industries to transition to renewable energy sources and opti..