Government Sets Lowest National Highway Construction Target for 2025-26

NCLT Clears Inox Wind Merger With Inox Wind Energy

The National Company Law Tribunal (NCLT) Chandigarh bench has approved the merger of Inox Wind Energy Ltd (IWEL), a wholly owned subsidiary, into its parent firm Inox Wind Ltd (IWL), as per its order dated 10 June 2025. The move marks a significant structural overhaul for the INOXGFL Group, aimed at streamlining operations and improving financial resilience.Under the approved scheme, IWEL shareholders will receive 632 equity shares of IWL, each with a face value of Rs 10, for every 10 shares held in IWEL. The record date for this share swap will be announced at a later stage, and allotment is ..

Bharat Bhoomi Fund Targets Rs 20 Billion for Real Assets

The Wealth Company Asset Management, part of the Pantomath Group, has announced the launch of the Bharat Bhoomi Fund—its newest offering under the Bharat Value Fund series. Structured as a Category II Alternative Investment Fund (AIF), the fund has a base size of Rs 10 billion, with a green shoe option to raise an additional Rs 10 billion.Targeting execution-ready real estate projects, the fund will focus on sectors such as data centres, warehousing, hospitality, renewable energy parks, mid-to-premium housing, and plotted developments. Its investment strategy will prioritise high-growth regi..

Infosys Leases Major Office Space in Gujarat's GIFT City

Infosys Limited has leased 103,000 square feet of office space in Gujarat’s GIFT City for a monthly rent of Rs 5.73 million, marking a strategic expansion into India’s only operational International Financial Services Centre (IFSC). The 10-year lease, signed for the PRAGYA-2 building in Gandhinagar, began in October 2024 and includes annual rent escalations of 5 per cent.The new development centre spans four floors (14 to 17) and can accommodate around 1,000 employees. Infosys will pay Rs 55 per sq ft per month on the chargeable area and Rs 108 per sq ft on the 53,020 sq ft carpet area. Th..