NCLT Greenlights J Kumar's Pranav Acquisition

01 Feb 2024 CW Team

The NCLT's approval paves the way for J Kumar Infraprojects to fortify its position in the industry, as it strategically expands through the acquisition of Pranav Construction. This move aligns with J Kumar Infra's ambitious growth plans, leveraging the strengths of both entities to navigate the dynamic landscape of the construction sector.

The acquisition holds immense potential for synergies in project execution, resource optimization, and market reach. Industry experts anticipate that this strategic integration will contribute to enhanced efficiency and competitiveness in an evolving market.

Notably, the approval comes amidst a backdrop of evolving economic scenarios and changing dynamics in the construction and infrastructure domain. J Kumar Infra's successful bid underscores its resilience and strategic foresight, positioning the company for sustained success in the million-pound construction industry.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..