Tamil Nadu's Tambaram Corporation Undertakes Repairs on 700 Roads

Nitish Kumar Inaugurates Key NH-22 Road in Bihar

Bihar Chief Minister Nitish Kumar on Monday inaugurated the Bhupatipur–Punpun section of the Mithapur–Mahuli–Punpun corridor, part of National Highway 22. The new road link, constructed by infrastructure major Afcons Infrastructure Ltd, drastically reduces travel time from nearly one hour to just ten minutes, benefiting hundreds of thousands of daily commuters in the region.The completed section comprises a 5-kilometre elevated four-lane corridor, 10 kilometres of at-grade four-lane road, and a 1-kilometre ramp, all designed to support travel speeds of up to 100 km/h, enhancing both spee..

UGRO Acquires Profectus to Boost MSME Lending and Profits

UGRO Capital Limited, a leading DataTech non-banking financial company (NBFC) focused on MSME financing, has signed an agreement to acquire 100 per cent equity in Profectus Capital Private Limited, a secured lending-focused NBFC, in an all-cash deal funded from UGRO’s recent equity raise. This strategic acquisition makes Profectus a wholly owned subsidiary and is expected to contribute approximately Rs 1.5 billion (USD 18 million) in annualised profit to UGRO, with Rs 1.15 billion in cost savings, thereby enhancing capital adequacy and return on assets by 60–70 basis points post-merger.The..

DLF Sells Rs 1.1 Trn Luxury Project in One Week

DLF, India’s largest listed real estate developer, has achieved a landmark sell-out of its latest luxury residential project, DLF Privana North, valued at approximately Rs 1.1 trillion (USD 13.2 billion). This unprecedented response came within just one week of launch, reinforcing DLF’s market dominance and signalling robust demand for high-end homes in Gurugram.Part of the 116-acre DLF Privana township in Sectors 76 and 77, Gurugram, Privana North spans 17.7 acres and comprises six premium towers of stilt +50 storeys – the tallest residential buildings ever developed by DLF. The project..