Suraksha Group Infuses Rs.2.50 Bn into Jaypee Infratech

27 Aug 2024 CW Team

Suraksha Group has infused ?2.50 billion into Jaypee Infratech Ltd (JIL) as part of its efforts to revive the stalled infrastructure projects under JIL?s portfolio. This financial boost is expected to accelerate the completion of various residential projects and address long-standing delays that have impacted homebuyers and stakeholders.

Jaypee Infratech, once a key player in the Indian real estate sector, had been under financial distress, leading to delays in multiple projects. Suraksha Group, which took over the reins after a resolution plan, has committed to fast-track the completion of these delayed projects. The ?250 crore infusion is part of the group?s broader strategy to restore the company to financial stability while meeting delivery timelines for ongoing developments.

The funds will be used to expedite construction, address payment obligations, and ensure that the stalled projects see rapid progress. This development brings relief to thousands of homebuyers who have been awaiting the completion of their homes for several years.

Suraksha?s involvement in Jaypee Infratech is viewed as a significant step towards resolving one of India?s high-profile insolvency cases, with the group now focused on meeting deadlines and restoring confidence among homebuyers.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..