130,000 Sq ft space leased by in Pune

Indian tech major Infosys's business process management arm, Infosys BPM, has leased 130,000 sq ft of office space in Pune's Hinjewadi at Embassy Tech Zone for 36 months. As per the agreement, monthly rentals are set at Rs 55 per sq ft.

The leased space also includes 127 car parking slots and maintenance charges. 

Also Read: 5 lakh sq ft space leased by Infosys

    Aurika Group chalks Rs 220 crore expansion plan

Aurika Group has unveiled an expansion plan worth Rs 220 crore. The plan aims at enhancing the firm's footprint across Uttar Pradesh’s emerging Tier-II cities. As a part of the expansion, one of the major projects is a 150-key serviced suites project in Ayodhya, in partnership with Best Western Hotels.

Another major project is a premium villa community in Bareilly. Aurika has secured RERA (Real Estate Regulatory Authority) approval for two projects in Bareilly and one in Ayodhya.

Also Read: Radisson Hotel signs 150 room hotel in Ayodhya

    Adani Ports set to acquire export terminal in Australia in a deal worth USD 2.4 billion

Adani Group firm, Adani Ports and SEZ Ltd, is set the acquire a coal export terminal in Australia from a group company. It is a USD 2.4 billion non-cash acquisition marking the firm's fourth overseas acquisition in two years.

The deal involves the issuance of new equity shares, and through the idea, Adani Group firm aims to boost its global presence and volume targets, leveraging the terminal's strategic location and long-term contracts.

Also Read: Mundra Port: APSEZ gets nod for capacity expansion

    Banthar Leather plans to develop new facility in Unnao

Safety shoe manufacturer Banthar Leather Technology Park has plans to develop a new manufacturing facility in Unnao. The proposed facility would be spread over 2.5 lakh sq ft and would be 3rd plant of the firm in Uttar Pradesh, with 2 already operational in Kanpur.

Also Read: Dean Shoes lays foundation for its factory in Ariyalur

    Suzlon bags order from Sunsure Energy

Renewable energy solutions provider Suzlon Energy Limited has secured a 100.8 MW wind energy order from Sunsure Energy. The firm would supply 48 wind turbine generators and provide comprehensive operations and maintenance services. 

The order is for the project that is to be executed in Maharashtra's Jath region.

Also Read: Suzlon Energy bags order from Jindal group firm for a project in Koppal

    Investment worth Rs 2.6 lakh crore planned by ArcelorMittal Nippon Steel

Steel sector major ArcelorMittal Nippon Steel has announced plans to invest Rs 2.6 lakh crore in the next 10 years in India. The plan is to increase the company's steel production capacity by more than four times, targeting around 40 million tonnes per annum (MTPA).

This expansion is fueled by a positive outlook on India's infrastructure and automobile sectors as the firm seeks to capitalise on the country's lower per capita steel consumption compared to global leaders.

Also Read: ArcelorMittal Nippon Steel initiates land buying process for new plant in Andhra Pradesh

    Assetz Property acquires 16 land parcels in Bengaluru

Real estate developer Assetz Property Group has acquired 16 land parcels totalling over 200 acres in Bengaluru. The firm plans to construct over 15 million sq. ft. of saleable area, encompassing more than 7,500 homes across North, South, and Southeast Bengaluru over the next 4-5 years. 

The plan is to launch these projects in phases, with 3 million sq ft already launched and 6.5 million sq ft planned for FY26.  

Also Read: Assetz Property launches new residential project in Bengaluru

    Telangana to get investments worth Rs 29,000 crore in clean energy projects

The state government of Telangana has bagged investments worth Rs 29,000 crore under its newly launched Telangana Clean and Green Energy Policy 2025. Ecoren Energy India Private Ltd and GPSR Arya Pvt Ltd have committed to investing in clean energy projects.

Ecoren Energy has identified multiple locations for wind and solar power projects worth Rs 27,000 crore in the state. These projects are: 

  1. 3279 MW wind-solar hybrid project at three locations in Sangareddy and Narayanpet districts
  2. 1650 MWp floating solar project at seven locations in the Jayashankar Bhupalpally district
  3.  650 MWp ground-mounted solar project at Jogulamba Gadwal district

GPSR Arya would also be investing in the state. The firm would be setting up 15 compressed biogas (CBG) projects of 15 tonnes per day capacity each at a total investment of around Rs 2000 crore through its joint venture companies with oil marketing public sector units such as Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL).

Also Read: Tata Power ties up with Druk Green for development of 5,000 MW clean energy projects

    RSDCL floats tender for power evacuation system

The subsidiary of Rajasthan Renewable Energy Corporation (RRECL), Rajasthan Solar Park Development Company (RSDCL) has floated an EPC tender for the power evacuation system for its 2,450 MW solar park in Bikaner district. As per the tender, the project is divided into 3 lots: 

  1. Lot-1 (1,000 MW Phase-I)
  2. Lot-2 (1,000 MW Phase-II)
  3. Lot-3 (450 MW Phase-III)

The last date for bid submission is 13th May, 2025.

Also Read: Coal India floats tender related to solar park in Rajasthan

    Smartworld join hands with Tribeca to build branded Trump brand luxury home projects in Gurugram

Real estate firm Smartworld Developers has joined hands with Tribeca Developers. This partnership is to develop an ultra-luxury residential project in Gurugram under the 'Trump' brand. Proposed project is expected to take an investment worth Rs 2,200 crore. 

Once completed, this would be the second Trump-branded residential venture in Gurugram and the sixth in India. Estimated to be completed in 5 years and would comprise 298 units across two 51-story towers. It would offer units priced between Rs 8 crore and Rs 12 crore.

Also Read: Ahluwalia Contracts bags order worth Rs 581 crore from Smartworld Developers

Building

  •   130,000 Sq ft space leased by in Pune

    Indian tech major Infosys's business process management arm, Infosys BPM, has leased 130,000 sq ft of office space in Pune's Hinjewadi at Embassy Tech Zone for 36 months. As per the agreement, monthly rentals are set at Rs 55 per sq ft.

    The leased space also includes 127 car parking slots and maintenance charges. 

    Also Read: 5 lakh sq ft space leased by Infosys

  
  

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