$400 Mn RCC Road Project In Imphal To Be Finalised

24 Jan 2025 CW Team

Manipur Chief Minister N Biren Singh announced on Tuesday that an agreement for constructing reinforced cement concrete (RCC) roads in the greater Imphal area, with an estimated project cost of approximately $400 million, is likely to be signed later this month. Addressing a gathering, Singh emphasised that true progress for the state can only be achieved when its citizens live with dignity. Highlighting welfare initiatives undertaken by the state government, he mentioned that the Chief Minister Hakshelgi Tengbang (Chief Minister's Health Assistance) scheme, which originally offered cashless treatment up to $24,000, has been increased to $60,000 due to the state’s improved economic conditions.

Real Estate

11 May 2026

Large Office Deals Dominate Q1 2026 Leasing: Knight Frank India

Large office space transactions continued to drive India’s commercial leasing market in Q1 2026, with deals of 100,000 sq ft and above accounting for 65% of total leasing activity across the country’s top eight cities, according to Knight Frank India. The segment recorded 19.5 million sq ft of transactions during the quarter, marking a 3% year-on-year increase from 19 million sq ft in Q1 2025.Bengaluru remained the leading market for large office leases, registering 7 million sq ft of transactions in the 100,000 sq ft-plus category. Large deals formed 77% of the city’s overall office lea..

Eurobond Enters Sealants Market With New Subsidiary

"Euro Panel Products, known as Eurobond, has incorporated Euro Sealant Private as a majority-owned subsidiary, marking its diversification from aluminium composite panels into the sealants market. The company said Euro Sealant will offer professional-grade silicone sealants for applications across glass, metal, brick, concrete, aluminium, composites and panel materials. The products are designed for sealing, waterproofing and structural bonding in modern construction. The India sealants market was valued at Rs 32.32 billion in 2025 and is proje..

Profit after tax rises tenfold as ARIS turns net cash positive

Arisinfra Solutions Limited reported strong FY26 results, with revenue rising 39 per cent year-on-year to Rs 10.67 billion. Profit after tax increased more than tenfold to Rs 603 million, while EBITDA margin expanded to 9.43 per cent from 6.53 per cent in FY25.The company turned net cash positive during the year, with net debt-to-equity improving from 1.25x to -0.09x. Cash flow from operations crossed Rs 1 billion, while net working capital days reduced from 110 to 66, reflecting stronger cash generation and improved operating efficiency.Q4 FY26 was the company’s strongest quarter, with reve..