Ahluwalia Bags Rs 20.9 Billion DLF Housing Contract
Meanwhile, DLF’s stock rose by 1.15 per cent to Rs 827.70 on the BSE.The contract, valued at Rs 20.9 billion (excluding GST), pertains to civil, structural, and rough finishing works for a premium residential housing project—‘The Dahlias’—located in DLF5, Gurugram. The project is scheduled for completion over 44 months.Ahluwalia Contracts confirmed that neither its promoters nor any associated group companies have any interest in DLF, the awarding entity. As a result, the transaction does not qualify as a related party deal.Ahluwalia’s project portfolio includes residential and com..
FIL Industries to Raise Rs 2 Billion for Ropeway Expansion
FIL Industries is set to expand its ropeway infrastructure business and aims to raise Rs 2 billion through equity funding to support this growth, according to Executive Director Syed Junaid Altaf.The company has already invested approximately Rs 7.5 billion across three projects—Skyview by Empyrean at Patnitop, Dehradun-Mussoorie, and Yamunotri-Kharsali. Looking ahead, FIL intends to develop an additional four to five ropeway projects over the coming years.To streamline financing, FIL plans to consolidate all current and upcoming ventures under a single Special Purpose Vehicle (SPV), which w..
KSH Infra to Invest Rs 5.5 Billion in Tamil Nadu Park
KSH INFRA, a leading Indian developer of sustainable Grade A industrial and logistics infrastructure, has announced plans to invest Rs 5.5 billion in a new industrial park in Tamil Nadu. This will be the company’s second park in the state, located in the fast-growing Sriperumbudur-Oragadam belt, and spread across 60 acres of freehold land with a development potential of 1.6 million square feet.With approximately 600 metres of direct frontage along the adjacent Other District Road, the site offers robust multimodal connectivity. The under-construction Chennai–Bangalore Expressway (NE7) is s..
Latest Updates
