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KU Thankachen has been appointed as the Managing Director, Central Railside Warehouse Company. With over 25 years of experience, he is a professional in the field of logistics and warehousing.
ECL Finance, the non-banking financial services arm of Edelweiss group and Casa Grande, a leading real estate developer in Chennai, have acquired 5.16 acre of Larsen & Toubro´s property in Chennai.
The IPO league is growing - and thriving. In the construction arena, whether it is companies involved in building products, building and infrastructure projects, or state-owned undertakings, the initial public offering (IPO) lane is clearly crowded.
Penna Cement Industries has filed an IPO with capital markets regulator SEBI to raise Rs 15.5 bn. The IPO reportedly comprises fresh issuance of shares worth more than Rs 13 bn.
It is said that change is the only constant. This could not be more apt than in the context of the real-estate sector. The recent times have seen a paradigm shift or 'winds of change' - from fragmentation to structure and transparency.
Penna Cement Industries is planning to raise Rs 13 bn through an IPO and will file its draft offer documents with the markets regulator in about two months.
The Edelweiss Real Estate Advisory Practice has taken up Parinee Eminence at Worli, a grade A+ commercial project by Parinee Group as distribution partner.
Edelweiss Infrastructure Yield Plus fund-backed Sekura Energy has signed an agreement to acquire a stake in Darbhanga-Motihari Transmission and NRSS XXXI (B) Transmission.
Edelweiss REAP (Real Estate Advisory Practice) is distributing Deep Auralis, an under construction project, which envisages to cater to an emerging consumer niche seeking well-priced large-sized homes in Thane.
The Edelweiss Real Estate Advisory Practice (REAP), has taken up Tower 28 located at Malad in Mumbai, a gated community project by Right Channel Group as the exclusive distribution partner.