Task Force Formed for Indian Maritime Centre

Brigade Enterprises Targets 21 Per Cent Rise in FY27 Pre-Sales

Brigade Enterprises expects a 21 per cent increase in pre-sales during FY27 to Rs. 90 bn, supported by sustained demand for mid-income and premium homes, Managing Director Pavitra Shankar said. The Bengaluru-based real estate company has developed more than 300 projects over four decades and operates across 10 cities. Shankar said housing demand remained strong, particularly for homes priced between Rs. 10 mn and Rs. 30 mn per apartment. She added that the company’s large township projects were performing well in terms of sales and that timely approvals would be important for achieving its a..

Ashoka Buildcon Wins Rs. 2.9 bn Railway Traction Contract

Ashoka Buildcon has received a letter of acceptance from North Eastern Railway for a Rs. 2.9 bn contract to upgrade electric traction power supply installations in Uttar Pradesh. The company disclosed the award in a regulatory filing dated October 9. The project covers the Gorakhpur Cantt–Chhapra Gramin section of the Varanasi division. Its scope includes the design, supply, erection, testing and commissioning of traction substations and associated switching posts for a 2x25 kV alternating current traction feeding system. The work will be executed under the engineering, procurement and const..

Telangana Government to Set Up MSME Centre of Excellence

The Telangana government plans to establish a Centre of Excellence for Micro, Small and Medium Enterprises (MSMEs) to help businesses adopt modern technology, access investment and expand their markets, IT and Industries Minister D Sridhar Babu said. The proposed centre will also support efforts to promote products made in Telangana in national and international markets. Speaking at the LUB MSME South India Summit organised by Laghu Udyog Bharati in Hyderabad, Babu said the centre would provide support for technology adoption, market access and investment linkages. The initiative is intended t..