Newsmakers

01 May 2025 CW Team

Toward Transparent Governance

Sanjeev Jaiswal, IAS, Vice President and Chief Executive Officer of MHADA, recently reviewed the progress of major redevelopment projects like Abhyudayanagar, Gandhinagar, and Patra Chawl under the 100-day action plan. He directed the initiation of tenders for Bandra Reclamation, Adarsh Nagar, and Worli colonies. To boost transparency and reduce RTI requests, MHADA will upload over 15 crore official documents online, while safeguarding sensitive information. He announced that eligibility for over one lakh mill workers under the Girni Kamgar scheme has been finalised. Under his leadership, MHADA is advancing transparent governance, efficient housing delivery, and better public service across Maharashtra.

Powering the East

Sharad Mahendra, Joint Managing Director at JSW Energy, is steering the company’s largest greenfield investment— a Rs 160 billion, 1,600 MW ultra-supercritical thermal power plant in Salboni, West Bengal. The project marks JSW’s entry into eastern India and is among the most cost-efficient in the country, while creating thousands of jobs and boosting regional industrialisation.

Infrastructure Push for Mmr

Harsh Baweja, Director (Finance), REC, formalised a landmark `Rs 1 trillion MoU with MMRDA to finance infrastructure in the Mumbai Metropolitan Region. Signed during IGF Mumbai NXT 25, the commitment underscores REC’s pivotal role in supporting urban mobility, housing, and essential infrastructure over the next five years.

Delivering India’s Largest Ipp Wind Order

Kailash Tarachandani, Group CEO – Renewables Business, Inox Wind, announced the receipt of a 990 MW turnkey wind project order from Purvah Green, a CESC subsidiary. The project, spread across multiple locations, will begin phased commissioning in FY26 and marks a significant milestone, further deepening the company’s relationship with its esteemed customer.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..