

Goa Cabinet Approves Rs 25 Bn PPP Development Projects
The Goa cabinet on Monday approved seven development projects valued at Rs 25 billion, to be executed on a Public Private Partnership (PPP) basis in the coastal state. Chief Minister Pramod Sawant said after the cabinet meeting that opting for the PPP model will enable faster project completion without drawing on state funds. The projects include the redevelopment of the Junta House and Circuit House buildings in Panaji, construction of a new Prashasan Stambh, reconstruction of government quarters at St Inez, Panaji, rebuilding the government garage, and the construction of the Kadamba Trans..

Peerless Group Invests Rs 11 Bn, Exits Insurance
The Peerless Group, which began as a small savings company and has grown into a multi-business conglomerate, is investing Rs 11 billion across sectors, focusing on healthcare and real estate while exiting its insurance business.At a press conference on Friday, chairman Partha Bhattacharya, managing director Jayanta Roy, and executive director Supriyo Sinha announced that group revenue rose from Rs 5.3 billion in FY22 to Rs 8.12 billion in FY25, reflecting steady progress towards its long-term vision. Over Rs 3 billion of the total investment was spent in FY25 alone, mainly in hospital and real..

Reliance to Invest Rs 11.56 Bn in Tamil Nadu Plant
Reliance Consumer Products has announced plans to set up an integrated manufacturing facility in Tamil Nadu, with an investment of Rs 11.56 billion, marking a major step in the state’s industrial expansion drive.The 60-acre facility will be located at the State Industries Promotion Corporation of Tamil Nadu's (SIPCOT) Allikulam Industrial Park in Thoothukudi district. It will produce a wide range of consumer goods, including regional snacks, biscuits, spices, wheat flour (atta), and edible oils.Over the next five years, the project is expected to generate around 2,000 local jobs, supporting ..