Piramal Enterprises Invests Rs 5 Bn+ in Puravankara Group's Projects

15 Apr 2024 CW Team

Piramal Enterprises has made a substantial investment exceeding Rs 5 billion in projects by the Puravankara Group. This strategic investment underscores Piramal's confidence in the real estate sector and its commitment to fostering growth and development in collaboration with established industry players like Puravankara.

The infusion of funds by Piramal Enterprises represents a significant boost for Puravankara's ongoing and upcoming projects, providing the necessary financial support to expedite construction, enhance quality, and deliver value to customers. This partnership between two prominent entities is poised to create synergies and drive innovation in the real estate market.

Piramal's investment in Puravankara Group's projects aligns with its broader strategy of deploying capital into high-growth sectors and backing projects with strong fundamentals and growth potential. The infusion of funds is expected to catalyse growth and enable Puravankara to capitalise on emerging opportunities in the real estate landscape.

The collaboration between Piramal Enterprises and Puravankara Group reflects a shared vision of excellence, integrity, and customer-centricity in the real estate sector. By combining their respective strengths and expertise, the two entities aim to deliver exceptional value and redefine standards of excellence in the industry.

As Piramal Enterprises continues to explore investment opportunities in the real estate segment, its partnership with Puravankara Group exemplifies the potential for creating value and driving sustainable growth through strategic collaborations and synergistic initiatives.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..