Monarch-Tila consortium bags Varanasi-Howrah HSR contract

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..

Rs 64 Billion Boost for Rail Links in Three States

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two major railway infrastructure projects worth Rs 64.05 billion (approximately USD 770 million), aimed at enhancing connectivity and freight capacity across Jharkhand, Karnataka, and Andhra Pradesh.The approved projects involve the doubling of the Koderma–Barkakana and Ballari–Chikjajur railway lines, extending the Indian Railways network by 318 kilometres. These upgrades are expected to significantly reduce rail congestion, improve operational efficiency, and strengthen the logistics n..