Signature Global to Invest Rs 40 Bn in Two New Projects in Gurugram

17 Mar 2025 CW Team

Signature Global, a prominent real estate firm, plans to invest approximately Rs 4,000 crore in two new housing projects in Gurugram. This investment is part of the company’s strategic expansion. Chairman Pradeep Kumar Aggarwal confirmed that the total cost of the projects, including land, construction, and associated expenses, would be around Rs 4,000 crore.

In terms of operational performance, Signature Global reported property sales of Rs 8,670 crore during the April-December period of this fiscal year, a substantial increase from Rs 3,120 crore in the previous year. The company’s average pre-sales realisation also rose to Rs 12,565 per square foot during this period, up from Rs 11,762 per square foot in the previous year.

For the current fiscal, Signature Global has set a target of Rs 10,000 crore in sales bookings, a significant increase from the previous year’s Rs 7,270 crore. The company has also reduced its net debt to Rs 740 crore by the end of December 2024, down from Rs 1,020 crore in Q2 of this fiscal.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..