Saya Group Ties Up with Lemon Tree for 336 Business Suites in G-Noida
In a significant move to redefine urban business hospitality, Saya Group has partnered with Carnation Hotels Pvt. Ltd., a subsidiary of Lemon Tree Hotels, to manage and operate 336 BIZTOP Business Class Suites at Saya SouthX, Greater Noida West. These fully serviced suites, located across the 7th to 25th floors, are designed to cater to the evolving needs of entrepreneurs, professionals, and corporate travellers. Each suite averages 668 sq. ft. and blends modern interiors, amenities, and professional hospitality, operated under the BIZTOP brand by Lemon Tree Hotels. “This col..
Ambuja Cements Raises Stake in Orient to 73 Per Cent
Ambuja Cements, part of the Adani Group, has acquired an additional 26 per cent stake in Orient Cement, increasing its total shareholding to 72.66 per cent. The acquisition was made through an open offer conducted under SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, marking a major consolidation move in the Indian cement industry.As disclosed in a regulatory filing dated 18 June 2025, Ambuja purchased 53.4 million equity shares of Orient Cement at Rs 395.40 each. Prior to this transaction, it held a 46.66 per cent stake, or 95.8 million shares. With this lat..
HAL Wins Rs 5.11 Billion Deal to Build SSLV Rockets
Hindustan Aeronautics Limited (HAL), based in Bengaluru, has secured a major Rs 5.11 billion contract to develop India’s Small Satellite Launch Vehicle (SSLV), following a two-stage techno-commercial bidding process. The announcement was made jointly by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Indian Space Research Organisation (ISRO).With this win, HAL becomes India’s third rocket manufacturer, following private space tech firms Skyroot Aerospace and Agnikul Cosmos. Under the new mandate, HAL is expected to produce between six and twelve SSLV rockets..
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