
Mangaluru airport completes 2.4km runway recarpeting ahead of schedule

DHL Renews Rs 1.8 Billion Lease For Panvel Warehouse
DHL Logistics Private Limited has renewed its lease for 317,000 square feet of warehousing space in Panvel, near Mumbai, with Ascendas Panvel FTWZ Private Limited — part of the CapitaLand Group — for five years, according to documents accessed by Propstack.The monthly rent for the facility, located within the Ascent Free Trade and Warehousing Zone, is Rs 18 million, or approximately Rs 56.70 per sq ft per month, the documents revealed. The lease commenced on 1 August 2024 and includes a five per cent escalation from June 2025. DHL has also deposited Rs 141.1 million as a security deposit.S..

Runwal Developers Files Rs 20 Billion IPO To Cut Debt
Runwal Developers, the Sandeep Runwal-promoted real estate firm, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs 20 billion, aimed at reducing its debt burden and funding growth plans.The Mumbai-based developer intends to raise Rs 17 billion through the issue of fresh shares, while promoter Sandeep Subhash Runwal will offload shares worth Rs 3 billion via an offer-for-sale (OFS).As part of the fresh issue component, the company may also consider raising up to Rs 3.4 billion in a pre-IPO placement ahead of t..

Tata Power To Build Rs 12 Billion FDRE Project In Mumbai
Tata Power Renewable Energy Limited (TPREL) has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution to develop an 80 megawatt (MW) Firm and Dispatchable Renewable Energy (FDRE) project at a capital investment of Rs 12 billion.An FDRE project combines advanced solar, wind, and battery storage systems to ensure reliable power delivery during peak demand hours, thereby enhancing grid stability and supporting Mumbai’s growing energy needs.According to an exchange filing by Tata Power, the parent company of TPREL, the project execution period is 24 months. The company esti..